What is Scotiabank’s Estimate for BVN FY2024 Earnings?

Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) – Investment analysts at Scotiabank reduced their FY2024 EPS estimates for shares of Compañía de Minas Buenaventura S.A.A. in a note issued to investors on Wednesday, January 8th. Scotiabank analyst T. Jakusconek now anticipates that the mining company will earn $1.16 per share for the year, down from their prior estimate of $1.34. Scotiabank has a “Sector Perform” rating and a $15.00 price target 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.

A number of other research analysts have also commented on BVN. Morgan Stanley decreased their price target on shares of Compañía de Minas Buenaventura S.A.A. from $21.00 to $18.00 and set an “overweight” rating on the stock in a research note on Thursday, September 19th. StockNews.com upgraded shares of Compañía de Minas Buenaventura S.A.A. from a “hold” rating to a “buy” rating in a research report on Friday, December 27th.

Compañía de Minas Buenaventura S.A.A. Stock Up 0.3 %

Shares of BVN opened at $12.66 on Thursday. Compañía de Minas Buenaventura S.A.A. has a 52 week low of $11.50 and a 52 week high of $18.84. The firm has a market cap of $3.21 billion, a P/E ratio of 8.98 and a beta of 0.81. The firm’s 50-day simple moving average is $12.36 and its 200 day simple moving average is $13.69. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.17 and a current ratio of 1.40.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the business. Ashton Thomas Private Wealth LLC acquired a new stake in shares of Compañía de Minas Buenaventura S.A.A. during the 2nd quarter worth approximately $35,000. EverSource Wealth Advisors LLC boosted its position in shares of Compañía de Minas Buenaventura S.A.A. by 63.7% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,709 shares of the mining company’s stock worth $42,000 after acquiring an additional 1,054 shares in the last quarter. Employees Retirement System of Texas acquired a new stake in shares of Compañía de Minas Buenaventura S.A.A. during the 2nd quarter worth approximately $47,000. Point72 Hong Kong Ltd bought a new position in Compañía de Minas Buenaventura S.A.A. in the 3rd quarter valued at approximately $56,000. Finally, Headlands Technologies LLC bought a new position in Compañía de Minas Buenaventura S.A.A. in the 2nd quarter valued at approximately $80,000.

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.