Compania de Minas Buenaventura SAA (ADR) (BVN) Releases Earnings Results, Beats Expectations By $0.24 EPS

Compania de Minas Buenaventura SAA (ADR) (BVN) reported quarterly earnings results on Thursday, Apr-28-2016. The company said it had a profit of $0.20 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.24. Analysts had a consensus of $-0.04. The company posted revenue of $227.30 million in the period, compared to analysts expectations of $234.00 million. The company’s revenue was down -5.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.07 EPS.

Many Wall Street Analysts have commented on Compania de Minas Buenaventura SAA (ADR). Compania de Minas Buenaventura SAA (ADR) was Downgraded by HSBC Securities to ” Hold” on Apr 13, 2016.

Compania de Minas Buenaventura SAA (ADR) opened for trading at $8.8 and hit $9.21 on the upside on Wednesday, eventually ending the session at $8.98, with a gain of 0.90% or 0.08 points. The heightened volatility saw the trading volume jump to 21,93,245 shares. Company has a market cap of $2,283 M.

Compania de Minas Buenaventura SAA (Buenaventura) is a Peru-based mining company engaged in the exploration mining smelting and commercialization of gold and silver as well as other metals and minerals. The Company operates directly seven Peruvian mining units located in Uchucchacua Orcopampa Poracota Julcani Recuperada Antapite and Ishihuinca; as well as indirectly the mines of Shila-Paula La Zanja and Colquijirca. Through its subsidiaries the Company is also involved in the generation and distribution of electric power as well as in the provision of engineering and chemical processing services. The Company owns such subsidiaries as Compania Minera Condesa SA Minera La Zanja SRL Inversiones Colquijirca SA Consorcio Energetico de Huancavelica SA Buenaventura Ingenieros SA CEDIMIN SAC and Minera Julcani Sa de CV among others.

Compania de Minas Buenaventura SAA (ADR)

Leave a Reply

Compania de Minas Buenaventura SAA (ADR) - Is it time to Sell?

Top Brokerage Firms are advising their investors on Compania de Minas Buenaventura SAA (ADR). Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.