Compania de Minas Buenaventura SAA (BVN) AI Stock Analysis

• Market Cap: $9.46B
• Dividend Yield: 1.45%
• Average Volume (3M): 1.63M
• Price to Earnings (P/E): 20.0
• Beta (1Y): 0.66
• 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: 2,067,242
• 30 Day Avg. Volume: 1,628,972
• 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: 1.01
• Enterprise Value/Revenue: 6.76
• Enterprise Value/Gross Profit: 14.32
• Enterprise Value/Ebitda: 15.54
• 1Y Price Target: $42.00
• Price Target Upside: 14.79% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 71 Outperform
• Price Target: $38.00 ▲(3.85% Upside)

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 indicate structurally efficient operations and pricing power in precious metals processing. Over 2–6 months this supports cash generation and reinvestment capacity, cushioning the company against cyclical commodity swings.

Conservative Leverage

Low debt-to-equity provides durable financial flexibility to fund capital projects, pay dividends, and absorb commodity volatility. This conservatism reduces refinancing risk and preserves ability to pursue opportunistic M&A or fund San Gabriel completion without stressing liquidity.

Permits and Project Pipeline

A new operating permit and San Gabriel at 96% progress are structural capacity drivers, increasing medium-term production optionality. Permitting and near-completion project delivery materially expand sustainable output and diversify cash flow sources.

Negative Factors

Declining Free Cash Flow

A meaningful FCF decline erodes the company’s ability to self-fund capex, dividends, or unexpected costs. If sustained, weaker FCF can force higher external financing or curtailed growth spending, limiting strategic flexibility over the next several quarters.

Material Production Drops

Large year-over-year volume declines materially weaken revenue resilience and increase reliance on metal prices to sustain earnings. Persistent output drops reduce operating leverage and could signal mine-specific issues or depletion risks affecting medium-term cash flows.

Gross Margin Deterioration

Worsening gross margins point to rising unit costs or lower ore grades; over months this compresses operating profitability unless offset by higher prices or efficiency gains. Margin pressure strains sustained high net margins and could force capital allocation trade-offs.

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

Strong profitability (net margin 38.34%, EBIT margin 43.61%) and positive TTM revenue growth (+7.68%) support the score, and leverage is conservative (debt-to-equity 0.24). Offsetting this, free cash flow declined meaningfully (-27.23%) and gross margin deterioration suggests some cost pressure.

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: 36.59
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

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 36.59 is above the 20-day moving average (MA) of 35.23, above the 50-day MA of 30.15, and above the 200-day MA of 21.56, indicating a bullish trend. The MACD of 1.94 indicates Positive momentum. The RSI at 59.15 is Neutral, neither overbought nor oversold. The STOCH value of 23.42 is Neutral, 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	78 Outperform	$13.39B	16.42	32.05%	0.87%	29.08%	72.12%
HL	75 Outperform	$14.44B	70.98	8.88%	0.07%	45.61%	―
BVN	71 Outperform	$9.46B	19.96	12.35%	1.45%	27.42%	20.63%
CDE	67 Neutral	$13.05B	31.17	19.57%	―	72.94%	―
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
SBSW	57 Neutral	$11.95B	-64.14	-8.31%	―	6.27%	93.14%
GROY	53 Neutral	$996.30M	-121.01	-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.