Education
About Us
Working with TipRanks
Follow Us
Compania de Minas Buenaventura SAA (BVN)
NYSE:BVN
RESEARCH TOOLSreports
Top Page
Compania de Minas Buenaventura SAA
(NYSE:BVN)
Rating:79Outperform
Price Target:
$20.00
▲(9.59% Upside)
Compania de Minas Buenaventura SAA (BVN) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$4.30B
Dividend Yield1.6%
Average Volume (3M)803.94K
Price to Earnings (P/E)9.2
Beta (1Y)0.76
Revenue Growth32.64%
EPS Growth432.97%
CountryUS
Employees13,759
SectorBasic Materials
Sector Strength66
IndustryOther Precious Metals
Share Statistics
EPS (TTM)0.36
Shares Outstanding253,715,180
10 Day Avg. Volume947,722
30 Day Avg. Volume803,939
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)0.00
Price to Sales (P/S)0.00
P/FCF Ratio0.00
Enterprise Value/Market Cap1.07
Enterprise Value/Revenue3.52
Enterprise Value/Gross Profit8.47
Enterprise Value/Ebitda6.55
Forecast
1Y Price Target
$19.75Price Target Upside8.22% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
Compania de Minas Buenaventura SAA Business Overview & Revenue Model
Company DescriptionCompañía 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 MoneyCompania de Minas Buenaventura generates revenue primarily through the sale of gold and silver, which are its core products. The company operates several mines and has a diverse asset portfolio, including operating mines, development projects, and exploration initiatives. Revenue is primarily derived from the extraction and processing of these metals, which are then sold in international markets. The company also benefits from strategic partnerships and joint ventures with other mining entities, enhancing its operational efficiency and market reach. Fluctuations in global metal prices, production volumes, and operational costs are significant factors affecting its earnings. Additionally, Buenaventura engages in metal trading and may have revenues from by-products and exploration services, contributing to its overall financial performance.
Compania de Minas Buenaventura SAA Earnings Call Summary
Earnings Call Date:Jul 24, 2025
(Q2-2025)
| % Change Since: 2.64%|
Next Earnings Date:Oct 30, 2025
Earnings Call Sentiment Neutral
The earnings call highlighted significant financial improvements, such as increased EBITDA and net income, along with progress on strategic projects like San Gabriel and Cerro Verde. However, there were challenges with decreased silver and gold production, increased costs, and specific project management issues. The positive financial gains somewhat offset operational challenges.Q2-2025 Updates
Positive Updates
Increased EBITDA and Net Income
EBITDA in Q2 2025 was $130 million, up from $107 million in Q2 2024. Net income increased to $91 million from $71 million in the previous year.
Copper Production Growth
Copper production increased by 28% year-over-year, attributed to resumed operations at El Brocal.
Dividend from Cerro Verde
Cerro Verde declared a new dividend distribution of $59 million, with a total of $108 million for the year.
Progress on San Gabriel Project
San Gabriel project reached 88% completion, with the first gold bar expected in Q4 2025.
Debt Reduction
Buenaventura redeemed the remaining $149 million of its 2026 bond, reflecting financial stability.
Negative Updates
Decreased Silver and Gold Production
Silver production fell by 11% to 3.6 million ounces, and gold production decreased from 33,819 ounces to 27,345 ounces year-over-year.
Increased All-In Sustaining Costs
The all-in sustaining cost for copper rose by 63% year-over-year due to lower by-product credits.
Challenges in Tailings Management at San Gabriel
San Gabriel faces challenges in tailings management due to the narrow valley, potentially delaying full production capacity.
Company Guidance
During the second quarter of 2025, Compañía de Minas Buenaventura reported significant financial and operational metrics. The company's EBITDA from direct operations reached $130 million, up from $107 million in the same period of 2024. Net income for the quarter was $91 million, compared to $71 million in the previous year. Silver production fell by 11% to 3.6 million ounces due to reduced output at Yumpag, Tambomayo, and Julcani, while copper production rose by 28% following the resumption of operations at El Brocal. Gold production decreased to 27,345 ounces, primarily due to lower yields at Tambomayo and Orcopampa, though this was partly offset by increased production at La Zanja and El Brocal. The company initiated the sale of 20,000 metric tonnes of Cerro Verde's copper concentrate by quarter-end, contributing to an expected total of 40,000 metric tonnes for the full year. Cerro Verde announced a $59 million dividend distribution, resulting in a total of $108 million for Buenaventura's equity share. The total CapEx for the quarter was $107 million, with $82 million allocated to the San Gabriel project, which reached 88% completion. Buenaventura's cash position was $589 million, with a total debt of $860 million, leading to a leverage ratio of 0.56x. The all-in sustaining cost for copper rose by 63% due to lower by-product credits. The company also redeemed the remaining $149 million of its 2026 bond.Compania de Minas Buenaventura SAA Financial Statement Overview
Summary
Compania de Minas Buenaventura SAA exhibits robust financial health with strong revenue growth, profitability, and efficient cash flow management. The balance sheet shows low leverage, although the relatively high debt levels require careful management. Overall, the company is in a strong financial position with positive growth trajectories and operational efficiencies.Income Statement
The company's income statement shows strong revenue growth with a TTM revenue increase of 13.62% over the previous year. Gross profit margin for the TTM is robust at 41.56%, indicating efficient cost management. The net profit margin also improved significantly to 38.34%, showcasing enhanced profitability. Both EBIT and EBITDA margins are high at 39.53% and 53.69% respectively, reflecting strong operational efficiency and profitability.85
Very Positive
Balance Sheet
The balance sheet indicates a healthy financial position with a debt-to-equity ratio of 0.24, suggesting low leverage and financial risk. The equity ratio stands at 65.67%, illustrating a strong equity base. ROE is impressive at 14.17% for the TTM, reflecting effective utilization of equity capital. However, the high total debt figure could pose potential risks if not managed carefully.78
Positive
Cash Flow
Cash flow analysis shows a solid operating cash flow to net income ratio of 1.03, indicating strong cash generation relative to net income. The free cash flow to net income ratio is 0.26, suggesting positive but moderate free cash flow generation. The free cash flow growth rate is substantial at 10.38% over the last annual period, indicating an improving cash flow situation.82
Very Positive
| Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 1.15B | 823.85M | 824.80M | 900.45M | 676.54M |
| Gross Profit | 563.13M | 91.25M | 61.33M | 87.34M | 23.93M |
| EBITDA | 599.21M | 173.71M | 178.97M | 101.62M | 103.77M |
| Net Income | 402.69M | 19.86M | 124.39M | 124.80M | -155.75M |
Balance Sheet | |||||
| Total Assets | 5.05B | 4.53B | 4.50B | 4.56B | 3.98B |
| Cash, Cash Equivalents and Short-Term Investments | 478.44M | 219.79M | 253.92M | 377.00M | 235.45M |
| Total Debt | 626.78M | 706.58M | 703.46M | 928.56M | 572.36M |
| Total Liabilities | 1.49B | 1.36B | 1.34B | 2.02B | 1.18B |
| Stockholders Equity | 3.39B | 3.01B | 3.01B | 2.37B | 2.63B |
Cash Flow | |||||
| Free Cash Flow | 148.32M | -11.60M | -110.31M | -287.82M | 70.89M |
| Operating Cash Flow | 486.06M | 227.07M | 41.67M | -197.51M | 142.43M |
| Investing Cash Flow | -117.92M | -205.54M | 205.75M | -86.29M | -62.22M |
| Financing Cash Flow | -109.49M | -55.66M | -370.50M | 425.35M | -35.26M |
Compania de Minas Buenaventura SAA Technical Analysis
Positive
18.25
Price Trends
17.01
Positive
15.82
Positive
14.23
Positive
Market Momentum
0.44
Negative
61.43
Neutral
73.32
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 18.25 is above the 20-day moving average (MA) of 17.72, above the 50-day MA of 17.01, and above the 200-day MA of 14.23, indicating a bullish trend. The MACD of 0.44 indicates Negative momentum. The RSI at 61.43 is Neutral, neither overbought nor oversold. The STOCH value of 73.32 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 Risk Analysis
Compania de Minas Buenaventura SAA disclosed 42 risk factors in its most recent earnings report. Compania de Minas Buenaventura SAA reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Compania de Minas Buenaventura SAA Peers Comparison
Overall Rating
UnderperformOutperform
Sector (70)
Financial Indicators
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
79 Outperform | $4.30B | 9.23 | 15.22% | 1.60% | 32.64% | 432.97% | |
72 Outperform | $7.62B | 30.33 | 9.88% | ― | 68.88% | ― | |
72 Outperform | $1.30B | 14.09 | 24.89% | 1.85% | 22.63% | 28.96% | |
70 Outperform | ¥179.17B | 11.23 | 5.69% | 3.09% | 2.75% | -12.76% | |
68 Neutral | $5.14B | 49.01 | 4.67% | 0.46% | 36.30% | ― | |
53 Neutral | $1.87B | ― | -7.64% | ― | ― | -7.74% | |
| ― | $116.91M | ― | -132.94% | ― | ― | ― |
* Basic Materials Sector Average
Performance Comparison
BVN
Compania de Minas Buenaventura SAA
18.25
4.01
28.16%
CDE
Coeur Mining
11.59
5.69
96.44%
DRD
Drdgold
14.89
5.74
62.73%
HL
Hecla Mining Company
7.66
2.14
38.77%
PPTA
Perpetua Resources
17.53
9.34
114.04%
ATLX
Atlas Lithium
5.99
-3.36
-35.94%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.