Analysts Anticipate Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) Will Announce Earnings of $0.26 Per Share

Equities analysts expect Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) to report earnings per share of $0.26 for the current quarter, Zacks Investment Research reports. Zero analysts have provided estimates for Compañía de Minas Buenaventura S.A.A.’s earnings. Compañía de Minas Buenaventura S.A.A. posted earnings per share of ($0.09) during the same quarter last year, which would indicate a positive year over year growth rate of 388.9%. The firm is scheduled to issue its next quarterly earnings results after the market closes on Monday, August 2nd.

According to Zacks, analysts expect that Compañía de Minas Buenaventura S.A.A. will report full-year earnings of $0.84 per share for the current year. For the next fiscal year, analysts anticipate that the firm will post earnings of $0.76 per share. Zacks’ earnings per share averages are an average based on a survey of sell-side analysts that cover Compañía de Minas Buenaventura S.A.A..

Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) last posted its earnings results on Thursday, April 29th. The mining company reported $0.06 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.11 by ($0.05). The company had revenue of $185.89 million for the quarter. Compañía de Minas Buenaventura S.A.A. had a negative return on equity of 1.35% and a negative net margin of 5.93%.

BVN has been the subject of several analyst reports. TheStreet upgraded Compañía de Minas Buenaventura S.A.A. from a “d+” rating to a “c-” rating in a research report on Friday, May 28th. Zacks Investment Research upgraded Compañía de Minas Buenaventura S.A.A. from a “sell” rating to a “hold” rating in a research report on Tuesday, May 25th.

Shares of Compañía de Minas Buenaventura S.A.A. stock traded down $0.14 during midday trading on Thursday, hitting $8.51. 54,944 shares of the company were exchanged, compared to its average volume of 751,023. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.38 and a current ratio of 1.64. The company has a market capitalization of $2.16 billion, a price-to-earnings ratio of -47.28 and a beta of 0.77. Compañía de Minas Buenaventura S.A.A. has a 52 week low of $8.06 and a 52 week high of $14.32. The firm has a 50 day simple moving average of $10.04.

Institutional investors and hedge funds have recently modified their holdings of the business. Krane Funds Advisors LLC raised its position in Compañía de Minas Buenaventura S.A.A. by 901.6% in the 1st quarter. Krane Funds Advisors LLC now owns 5,719 shares of the mining company’s stock valued at $57,000 after purchasing an additional 5,148 shares during the last quarter. Ameriprise Financial Inc. bought a new stake in shares of Compañía de Minas Buenaventura S.A.A. during the first quarter worth $101,000. HBK Sorce Advisory LLC bought a new stake in shares of Compañía de Minas Buenaventura S.A.A. during the first quarter worth $114,000. Ensign Peak Advisors Inc raised its position in shares of Compañía de Minas Buenaventura S.A.A. by 265.7% during the first quarter. Ensign Peak Advisors Inc now owns 12,250 shares of the mining company’s stock worth $123,000 after acquiring an additional 8,900 shares during the last quarter. Finally, Optiver Holding B.V. bought a new stake in shares of Compañía de Minas Buenaventura S.A.A. during the first quarter worth $133,000. Hedge funds and other institutional investors own 53.29% of the company’s stock.

About Compañía de Minas Buenaventura S.A.A.

Compañía de Minas Buenaventura SAA., a precious metals company, engages in the exploration, mining, concentration, smelting, and marketing of polymetallic ores and metals in Peru, the United States, Europe, and Asia. It explores for gold, silver, lead, zinc, and copper metals. The company operates four operating mining units, including Uchucchacua, Orcopampa, Julcani, and Tambomayo in Peru; and San Gabriel, a mining unit under development stage.

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