Scotiabank Lifts Earnings Estimates for Buenaventura Mining

Buenaventura Mining Company Inc. (NYSE:BVN) – Investment analysts at Scotiabank increased their FY2026 earnings estimates for Buenaventura Mining in a report issued on Wednesday, November 11th. Scotiabank analyst T. Jakusconek now expects that the mining company will earn $4.18 per share for the year, up from their prior estimate of $3.85. The consensus estimate for Buenaventura Mining’s current full-year earnings is $4.01 per share.

Buenaventura Mining (NYSE:BVN) last issued its earnings results on Thursday, October 29th. The mining company reported $0.96 earnings per share for the quarter, beating the consensus estimate of $0.86 by $0.10. Buenaventura Mining had a net margin of 51.78% and a return on equity of 27.60%. The firm had revenue of $545.33 million for the quarter, compared to analysts’ expectations of $439.69 million.

A number of other equities analysts also recently commented on BVN. Wall Street Zen upgraded shares of Buenaventura Mining from a “hold” rating to a “buy” rating in a research note on Saturday, October 10th. Zacks Research raised Buenaventura Mining from a “hold” rating to a “strong-buy” rating in a report on Wednesday. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Buenaventura Mining in a research report on Thursday, October 29th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Buy” and an average price target of $37.25.

Buenaventura Mining Price Performance

Shares of BVN opened at $25.28 on Friday. The firm has a market capitalization of $6.41 billion, a price-to-earnings ratio of 5.36 and a beta of 0.40. The firm’s fifty day simple moving average is $30.96 and its 200-day simple moving average is $33.50. Buenaventura Mining has a twelve month low of $22.43 and a twelve month high of $44.67. The company has a current ratio of 2.59, a quick ratio of 2.43 and a debt-to-equity ratio of 0.15.

Buenaventura Mining Announces Dividend

The business also recently announced a special dividend, which will be paid on Wednesday, December 9th. Stockholders of record on Friday, November 20th will be issued a $0.5508 dividend. The ex-dividend date is Friday, November 20th. Buenaventura Mining’s dividend payout ratio is presently 23.09%.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of BVN. Centrica Wealth Management LLC purchased a new stake in Buenaventura Mining in the second quarter valued at $131,547,000. Robeco Institutional Asset Management B.V. lifted its holdings in shares of Buenaventura Mining by 0.9% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 4,311,426 shares of the mining company’s stock valued at $136,155,000 after purchasing an additional 40,110 shares during the last quarter. Bank of Nova Scotia lifted its holdings in shares of Buenaventura Mining by 83.0% in the 1st quarter. Bank of Nova Scotia now owns 2,520,383 shares of the mining company’s stock valued at $90,835,000 after purchasing an additional 1,143,072 shares during the last quarter. Arrowstreet Capital Limited Partnership grew its stake in Buenaventura Mining by 32.0% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 2,301,015 shares of the mining company’s stock worth $82,929,000 after buying an additional 558,186 shares during the last quarter. Finally, Jennison Associates LLC grew its stake in Buenaventura Mining by 140.8% during the 1st quarter. Jennison Associates LLC now owns 1,267,998 shares of the mining company’s stock worth $45,699,000 after buying an additional 741,344 shares during the last quarter.

About Buenaventura Mining

Compañía de Minas Buenaventura S.A.A., known as Buenaventura, is a Peru-based mining company engaged in the exploration, development, and operation of mineral properties. Its products include gold, silver, copper, lead, and zinc. The company operates in Peru and participates in mining projects through subsidiaries, joint ventures, and ownership interests. Its portfolio has included both precious- and base-metal operations, as well as interests in larger mining ventures. Founded in 1953, Buenaventura is headquartered in Lima.