Compania de Minas Buenaventura SAA (BVN) AI Stock Analysis

• Market Cap: $6.78B
• Dividend Yield: 1.45%
• Average Volume (3M): 1.63M
• Price to Earnings (P/E): 20.1
• Beta (1Y): 0.67
• Revenue Growth: 27.42%
• EPS Growth: 20.63%
• Country: US
• Employees: 13,759
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Other Precious Metals
• EPS (TTM): 0.71
• Shares Outstanding: 253,715,180
• 10 Day Avg. Volume: 1,619,564
• 30 Day Avg. Volume: 1,630,561
• PEG Ratio: <0.01
• Price to Book (P/B): 0.86
• Price to Sales (P/S): 2.53
• P/FCF Ratio: 19.73
• Enterprise Value/Market Cap: 0.00
• Enterprise Value/Revenue: 0.00
• Enterprise Value/Gross Profit: 0.00
• Enterprise Value/Ebitda: 0.00
• 1Y Price Target: $25.50
• Price Target Upside: -25.74% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 2
• EPS Forecast (FY): 2.86
• Revenue Forecast (FY): $1.85B

• Rating: 71 Outperform
• Price Target: $33.00 ▼(-3.90% Downside)

Overall score is driven by strong profitability and an improving technical trend (price above major moving averages with positive MACD). The score is tempered by weakening free cash flow and mixed earnings-call fundamentals, including lower production and net income despite higher EBITDA and near-completion of the San Gabriel project.

Positive Factors

High profitability margins

Sustained high EBIT and net margins reflect structural operating efficiency and pricing power in precious metals processing. Strong margins enhance durable cash generation capacity to fund reinvestment, dividends and JV commitments even amid commodity cycles.

Conservative leverage

Low debt-to-equity and healthy ROE indicate a resilient balance sheet that supports capital allocation flexibility. Conservative leverage reduces refinancing risk, enabling the company to fund capex, absorb commodity volatility, and pursue strategic stake acquisitions.

San Gabriel commissioning progress

Transition of San Gabriel into commissioning and first dore production marks a durable increase in asset base and future gold output. New production can materially boost long-term volumes, lower unit costs and diversify cash flows once full commercial operations begin.

Negative Factors

Declining metal production

Material year-on-year declines across copper, gold and silver point to structural production weakness at existing mines. Prolonged lower output reduces sustainable revenue and operating leverage, pressuring long-term cash generation and requiring either replacement projects or efficiency gains.

Falling free cash flow

A meaningful drop in free cash flow weakens internal funding for capex, dividends and debt reduction. With major project spending ongoing, persistent FCF declines would increase reliance on external financing or equity, constraining strategic optionality over the medium term.

Gross margin deterioration and lower net income

Worsening gross margins alongside a YoY decline in net income indicate rising unit costs or adverse operational mix. If sustained, margin compression erodes profitability cushions, reducing resilience to price swings and limiting long-term capacity to sustain dividends or fund growth internally.

Compania de Minas Buenaventura SAA Business Overview & Revenue Model

Company Description

Compañía de Minas Buenaventura S.A.A. engages in the exploration, mining development, processing, and trading of precious and base metals. The company explores for gold, silver, lead, zinc, and copper metals. It operates operating mining units, including Tambomayo located in the Caylloma province, Orcopampa Unit located in the province of Castilla, Uchucchacua located in province of Oyón, Julcani located in province of Angaraes, Peru, as well as San Gabrie located in the province of General Sánchez Cerro, in the Moquegua region. The company also owns interests in Colquijirca, La Zanja, Yanacocha, Cerro Verde, El Brocal, Coimolache, Yumpaq, San Gregorio mines, and Trapiche mining unit. In addition, it produces manganese sulphate monohydrate and other by-products generated from minerals; and operates hydroelectric power plants. The company was incorporated in 1953 and is based in Lima, Peru.

How the Company Makes Money

Compania de Minas Buenaventura generates revenue primarily through the sale of gold and silver, which are its main products. The company operates both its own mines and joint ventures with other mining firms, allowing it to diversify its income sources. Revenue is driven by the production volume of precious metals, which is influenced by market prices, operational efficiency, and production costs. Additionally, Buenaventura benefits from strategic partnerships and joint ventures that enable shared resources and risk mitigation. The company also engages in metal trading and may earn revenues from processing ores for third parties, further contributing to its earnings.

Compania de Minas Buenaventura SAA Financial Statement Overview

Summary

Compania de Minas Buenaventura SAA demonstrates solid financial performance with strong profitability and revenue growth. The balance sheet is conservatively leveraged, supporting financial stability. However, declining free cash flow growth poses a potential risk to future liquidity and investment capacity.

Income Statement

The company shows strong revenue growth with a 7.68% increase in TTM, supported by robust net profit and EBIT margins of 38.34% and 43.61%, respectively. However, the gross profit margin has decreased compared to the previous year, indicating potential cost pressures.

Balance Sheet

The balance sheet is stable with a low debt-to-equity ratio of 0.24, indicating conservative leverage. Return on equity is healthy at 14.63%, reflecting efficient use of equity. However, the equity ratio is not explicitly provided, which could provide further insights into asset financing.

Cash Flow

Operating cash flow is strong with a coverage ratio of 1.34, indicating good cash generation relative to net income. However, free cash flow has declined significantly by 27.23%, which could impact future investments or debt repayments.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.41B	1.15B	823.85M	824.80M	900.45M	676.54M
Gross Profit	664.83M	563.13M	91.25M	61.33M	87.34M	23.93M
EBITDA	612.41M	599.21M	173.71M	170.98M	158.04M	-30.21M
Net Income	432.45M	402.69M	19.86M	602.55M	-264.07M	-135.72M
Balance Sheet
Total Assets	5.45B	5.05B	4.53B	4.50B	4.56B	3.98B
Cash, Cash Equivalents and Short-Term Investments	485.73M	478.44M	219.79M	253.92M	377.00M	235.45M
Total Debt	710.63M	626.78M	706.58M	738.53M	1.11B	572.36M
Total Liabilities	1.55B	1.49B	1.36B	1.34B	2.02B	1.18B
Stockholders Equity	3.72B	3.39B	3.01B	3.01B	2.37B	2.63B
Cash Flow
Free Cash Flow	96.21M	148.32M	-11.64M	-110.31M	-323.80M	70.89M
Operating Cash Flow	521.53M	486.06M	227.03M	41.67M	-233.50M	142.43M
Investing Cash Flow	-429.84M	-117.92M	-205.54M	205.75M	-86.29M	-62.22M
Financing Cash Flow	-63.82M	-109.49M	-55.62M	-370.50M	461.33M	-35.26M

Compania de Minas Buenaventura SAA Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 34.34
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For BVN, the sentiment is Positive. The current price of 34.34 is above the 20-day moving average (MA) of 29.70, above the 50-day MA of 26.26, and above the 200-day MA of 19.99, indicating a bullish trend. The MACD of 1.87 indicates Negative momentum. The RSI at 81.06 is Negative, neither overbought nor oversold. The STOCH value of 94.75 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for BVN.

Compania de Minas Buenaventura SAA Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
HMY	77 Outperform	$14.36B	17.33	32.05%	0.87%	29.08%	72.12%
BVN	71 Outperform	$6.78B	20.12	12.35%	1.45%	27.42%	20.63%
HL	70 Outperform	$16.39B	80.07	8.88%	0.07%	45.61%	―
CDE	68 Neutral	$13.88B	30.73	19.57%	―	72.94%	―
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
SBSW	58 Neutral	$11.99B	-62.78	-8.31%	―	6.27%	93.14%
GROY	53 Neutral	$1.05B	-127.13	-1.14%	―	86.30%	74.16%

Compania de Minas Buenaventura SAA Corporate Events

Buenaventura Announces Acquisition Plans for El Brocal Shares

On December 5, 2025, Compañía de Minas Buenaventura S.A.A. announced its intention to acquire up to 1.5% of the share capital of Sociedad Minera El Brocal S.A.A. The company plans to execute these acquisitions depending on market conditions, which may occur on one or multiple dates. This strategic move is likely aimed at strengthening Buenaventura’s position in the mining industry and could have implications for its market influence and stakeholder interests.

The most recent analyst rating on (BVN) stock is a Buy with a $27.00 price target. To see the full list of analyst forecasts on Compania de Minas Buenaventura SAA stock, see the BVN Stock Forecast page.

Buenaventura Reports Strong Financial Results Amid Production Challenges in Q3 2025

On October 30, 2025, Compañía de Minas Buenaventura announced its financial results for the third quarter and the nine-month period ending September 30, 2025. The company experienced a decrease in silver, gold, and copper production year-over-year due to lower outputs at several mines, although this was partially offset by increased production at others. Despite these production challenges, Buenaventura reported a significant increase in EBITDA from direct operations, reaching $202.1 million for the third quarter, a 48% rise from the previous year. The company’s net income for the nine-month period also improved, reaching $424.2 million. Additionally, Buenaventura’s cash position was strong, and it received a new operating permit for the Coimolache mine, marking a milestone for full-capacity production. The Board of Directors approved a dividend payment, reflecting confidence in the company’s financial health.

The most recent analyst rating on (BVN) stock is a Hold with a $27.00 price target. To see the full list of analyst forecasts on Compania de Minas Buenaventura SAA stock, see the BVN Stock Forecast page.

Buenaventura Announces Q3 2025 Earnings Call

On October 23, 2025, Compañía de Minas Buenaventura S.A.A. announced its upcoming Third Quarter 2025 earnings conference call scheduled for October 31, 2025. The call will review the company’s financial and operating results, with participation from CEO Leandro García Raggio and other senior management members. The third quarter results will be released on October 30, 2025, after the market closes. This announcement is crucial for stakeholders as it provides insights into the company’s recent performance and future outlook.

The most recent analyst rating on (BVN) stock is a Hold with a $27.00 price target. To see the full list of analyst forecasts on Compania de Minas Buenaventura SAA stock, see the BVN Stock Forecast page.

Buenaventura Reports Strong Q3 2025 Metal Production

On October 16, 2025, Buenaventura announced its third-quarter results for 2025, detailing production and sales volumes for various metals. The company reported significant production figures across its mining operations, including gold, silver, lead, zinc, and copper. These results highlight Buenaventura’s robust operational performance and its strategic positioning in the mining industry, potentially impacting stakeholders by reinforcing its market presence and operational efficiency.

The most recent analyst rating on (BVN) stock is a Hold with a $19.50 price target. To see the full list of analyst forecasts on Compania de Minas Buenaventura SAA stock, see the BVN Stock Forecast page.