Compañía de Minas Buenaventura S.A.A. (NYSE:BVN ) Q4 2024 Earnings Conference Call February 21, 2025 10:00 AM ET Company Participants Sebastián Valencia - Head, Investor Relations Leandro Garcia - Chief Executive Officer Renzo Macher - Vice President, Projects Juan Carlos Ortiz - Vice President, Operations Daniel Dominguez - Chief Financial Officer Aldo Massa - Vice President, Business Development & Commercial Conference Call Participants Carlos De Alba - Morgan Stanley Cesar Perez-Novoa - BTG Pactual Tanya Jakusconek - Scotiabank Operator Good day, ladies and gentlemen.
Here is how Buenaventura (BVN) and Gold Fields (GFI) have performed compared to their sector so far this year.
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Here is how Buenaventura (BVN) and Methanex (MEOH) have performed compared to their sector so far this year.
Investors in Compañía de Minas Buenaventura S.A.A. BVN need to pay close attention to the stock based on moves in the options market lately.
Here is how Buenaventura (BVN) and Gold Royalty Corp. (GROY) have performed compared to their sector so far this year.
After a great 2023 for investor performance, Compañía de Minas Buenaventura has fallen -18% this calendar year with no dividend, impacted by minor declines in copper and gold production. The company is very profitable at US$2600 gold and $30 silver, with rising reserves, while high CAPEX this year and next is set to boost future production. I am forecasting another positive year for the monetary metals in 2025, with a forecast of $3500 gold and $40+ silver in 12 months, benefiting company results and growth rates.
The average of price targets set by Wall Street analysts indicates a potential upside of 28.6% in Buenaventura (BVN). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
I upgraded Compañía de Minas Buenaventura stock from "Sell" to "Buy" due to attractive entry point and positive outlook for metal prices and production improvements. BVN's gold production declined YoY in 9M-2024 but is on the way to recovery, while the rise in gold prices is not over with Fed rate cuts and investors' safe-haven purposes. The copper business may also have reflected a recession in US manufacturing, but expected Chinese stimulus measures may boost the growth prospects of the red metal.
Compañía de Minas Buenaventura S.A.A. (NYSE:BVN ) Q3 2024 Earnings Conference Call October 31, 2024 12:00 PM ET Company Participants Gabriel Salas - IRO Leandro Garcia - CEO Juan Carlos Ortiz - VP, Operations Daniel Dominguez - CFO Renzo Macher - VP, Projects Conference Call Participants Cesar Perez-Novoa - BTG Pactual Carlos De Alba - Morgan Stanley Tanya Jakusconek - Scotiabank Operator Good day, ladies and gentlemen.
Compañía de Minas Buenaventura S.A.A. (NYSE:BVN ) Q2 2024 Results Conference Call July 26, 2024 11:00 AM ET Company Participants Sebastián Valencia - Investor Relations Leandro Garcia - Chief Executive Officer Daniel Dominguez - Chief Financial Officer Renzo Macher - Vice President, Projects Juan Carlos Ortiz - Vice President, Operations Conference Call Participants Carlos De Alba - Morgan Stanley Cesar Perez-Novoa - BTG Pactual Tanya Jakusconek - Scotiabank Operator Good day, ladies and gentlemen.
Buenaventura (BVN) provides updates on second-quarter 2024 production results from its mines, along with its full-year guidance.