What is Scotiabank’s Estimate for BVN FY2024 Earnings?

Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) – Equities researchers at Scotiabank decreased their FY2024 EPS estimates for shares of Compañía de Minas Buenaventura S.A.A. in a research report issued to clients and investors on Wednesday, January 8th. Scotiabank analyst T. Jakusconek now anticipates that the mining company will post earnings of $1.16 per share for the year, down from their previous estimate of $1.34. Scotiabank currently has a “Sector Perform” rating and a $15.00 target price on the stock. The consensus estimate for Compañía de Minas Buenaventura S.A.A.’s current full-year earnings is $1.22 per share. Scotiabank also issued estimates for Compañía de Minas Buenaventura S.A.A.’s FY2025 earnings at $1.53 EPS.

BVN has been the topic of a number of other reports. StockNews.com upgraded Compañía de Minas Buenaventura S.A.A. from a “hold” rating to a “buy” rating in a report on Friday, December 27th. Morgan Stanley dropped their price objective on Compañía de Minas Buenaventura S.A.A. from $21.00 to $18.00 and set an “overweight” rating on the stock in a research report on Thursday, September 19th.

Compañía de Minas Buenaventura S.A.A. Stock Performance

Shares of BVN stock opened at $12.61 on Thursday. The firm has a market cap of $3.20 billion, a price-to-earnings ratio of 8.94 and a beta of 0.81. Compañía de Minas Buenaventura S.A.A. has a 52-week low of $11.50 and a 52-week high of $18.84. The company has a quick ratio of 1.17, a current ratio of 1.40 and a debt-to-equity ratio of 0.20. The company’s 50 day moving average is $12.36 and its 200 day moving average is $13.69.

Institutional Trading of Compañía de Minas Buenaventura S.A.A.

Institutional investors have recently made changes to their positions in the business. Bank of New York Mellon Corp increased its stake in Compañía de Minas Buenaventura S.A.A. by 7.3% during the 2nd quarter. Bank of New York Mellon Corp now owns 180,824 shares of the mining company’s stock valued at $3,065,000 after purchasing an additional 12,365 shares in the last quarter. Commonwealth Equity Services LLC acquired a new position in shares of Compañía de Minas Buenaventura S.A.A. in the 2nd quarter valued at $347,000. Rhumbline Advisers raised its stake in Compañía de Minas Buenaventura S.A.A. by 6.9% in the 2nd quarter. Rhumbline Advisers now owns 59,819 shares of the mining company’s stock worth $1,014,000 after acquiring an additional 3,877 shares during the last quarter. Acadian Asset Management LLC lifted its position in Compañía de Minas Buenaventura S.A.A. by 65.2% during the 2nd quarter. Acadian Asset Management LLC now owns 326,206 shares of the mining company’s stock worth $5,527,000 after acquiring an additional 128,736 shares during the period. Finally, Caprock Group LLC purchased a new stake in Compañía de Minas Buenaventura S.A.A. during the 2nd quarter valued at about $282,000.

About Compañía de Minas Buenaventura S.A.A.

Compañía de Minas Buenaventura SAA. engages in the exploration, development, construction, and operation of mineral processing business. 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.