Scotiabank Cuts Earnings Estimates for Buenaventura Mining

Buenaventura Mining Company Inc. (NYSE:BVN) – Research analysts at Scotiabank dropped their FY2026 earnings estimates for Buenaventura Mining in a report issued on Thursday, April 23rd. Scotiabank analyst T. Jakusconek now expects that the mining company will post earnings per share of $4.33 for the year, down from their prior forecast of $4.57. Scotiabank has a “Sector Perform” rating and a $44.00 price objective on the stock. The consensus estimate for Buenaventura Mining’s current full-year earnings is $4.26 per share. Scotiabank also issued estimates for Buenaventura Mining’s FY2027 earnings at $3.39 EPS.

Buenaventura Mining (NYSE:BVN) last announced its quarterly earnings results on Friday, February 27th. The mining company reported $1.62 EPS for the quarter, topping analysts’ consensus estimates of $0.59 by $1.03. The firm had revenue of $623.40 million during the quarter, compared to analysts’ expectations of $451.60 million. Buenaventura Mining had a net margin of 45.17% and a return on equity of 20.39%.

A number of other research analysts have also recently issued reports on the stock. Zacks Research cut shares of Buenaventura Mining from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, March 31st. Weiss Ratings reiterated a “buy (b)” rating on shares of Buenaventura Mining in a research note on Monday, December 29th. Finally, Wall Street Zen upgraded shares of Buenaventura Mining from a “buy” rating to a “strong-buy” rating in a research note on Saturday, March 28th. One investment analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $44.00.

Buenaventura Mining Stock Performance

NYSE:BVN opened at $32.51 on Tuesday. Buenaventura Mining has a 1 year low of $13.46 and a 1 year high of $44.67. The firm has a 50 day moving average of $36.25 and a 200-day moving average of $31.37. The company has a current ratio of 2.01, a quick ratio of 1.88 and a debt-to-equity ratio of 0.16. The stock has a market capitalization of $8.25 billion, a P/E ratio of 10.55 and a beta of 0.40.

Buenaventura Mining Announces Dividend

The company also recently announced a special dividend, which will be paid on Tuesday, May 12th. Stockholders of record on Tuesday, April 21st will be paid a $0.9904 dividend. The ex-dividend date is Tuesday, April 21st. Buenaventura Mining’s payout ratio is 35.39%.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of BVN. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Buenaventura Mining by 3,096,894.7% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 5,884,290 shares of the mining company’s stock valued at $163,760,000 after purchasing an additional 5,884,100 shares in the last quarter. Robeco Institutional Asset Management B.V. increased its holdings in shares of Buenaventura Mining by 738.7% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 2,979,757 shares of the mining company’s stock valued at $82,927,000 after purchasing an additional 2,624,485 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Buenaventura Mining by 38.5% in the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 7,196,976 shares of the mining company’s stock valued at $175,102,000 after purchasing an additional 1,999,475 shares in the last quarter. Arrowstreet Capital Limited Partnership increased its holdings in shares of Buenaventura Mining by 244.2% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 1,742,829 shares of the mining company’s stock valued at $48,503,000 after purchasing an additional 1,236,480 shares in the last quarter. Finally, FIL Ltd increased its holdings in shares of Buenaventura Mining by 8.8% in the fourth quarter. FIL Ltd now owns 13,473,909 shares of the mining company’s stock valued at $374,979,000 after purchasing an additional 1,085,443 shares in the last quarter.

Buenaventura Mining Company Profile

Compañía de Minas Buenaventura SAA. (NYSE: BVN) is one of Peru’s leading precious metals producers, primarily engaged in the exploration, development and operation of gold, silver and base metal mines. Headquartered in Lima, the company’s core activities cover the entire mining cycle from concession acquisition and project evaluation to extraction, milling and metal refining. Buenaventura also holds interests in smelting, refining and trading services, enabling it to market its products both domestically and internationally.

The company’s principal assets include several operating mines in Peru such as Uchucchacua (silver-lead-zinc), Orcopampa (gold-silver) and the Tambomayo gold mine.