Buenaventura Mining Company Inc. (NYSE:BVN) is set to announce third quarter earning results on Thursday 29th October 2020, after market close.
Analysts surveyed by Thomson Reuters are predicting, BVN to report 3Q20 income of $ 0.12 per share.
For the full year, analysts anticipate top line of $ 747.04 million, while looking forward to income of $ 0.01 per share bottom line.
Previous Quarter Performance
Buenaventura Mining Company Inc. revealed loss for the second quarter of $ 0.10 per share, from the revenue of $ 97.80 million. The quarterly revenues decreased 54.75 percent compared with the same quarter last year. Wall street analysts are predicting, BVN to report 2Q20 loss of $ 0.18 per share from revenue of $ 71.67 million. The bottom line results beat street analysts by $ 0.08 or 44.44 percent, at the same time, top line results outshined analysts by $ 26.13 million or 36.46 percent.
Stock Performance
Shares of Buenaventura Mining Company Inc. traded low $ -0.68 or -5.11 percent on Wednesday, reaching $ 12.62 with volume of 1.24 million shares. Buenaventura Mining Company Inc. has traded high as $ 12.88 and has cracked $ 12.45 on the downward trend
According to the previous trading day, closing price of $ 12.62, representing a 159.77 % increase from the 52 week low of $ 5.12 and a 15.98 % decrease over the 52 week high of $ 15.83.
The company has a market capital of $ 3.21 billion and is part of the Basic Materials sector and Industrial Metals & Minerals industry.
Compañía de Minas Buenaventura S.A.A., a precious metals company, engages in the exploration, mining, and processing of gold, silver, lead, zinc, and copper metals in Peru, the United States, Europe, and Asia. The company operates five operating mining units, including Uchucchacua, Orcopampa, Julcani, Mallay, and Tambomayo in Peru; and San Gabriel, a mining unit under development stage. It also owns interests in Colquijirca-Marcapunta, Tantahuatay, La Zanja, Yanacocha, Cerro Verde, Yumpag, Daniela, Ccelloccasa, San Gregorio, and Tambomayo mines, as well as Trapiche, a mining unit at the development stage.
