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BVN

Compañía de Minas Buenaventura S.A.A.

BVN

Compañía de Minas Buenaventura S.A.A. • NYSE
$24.78 ▲ 2.06% (+0.50)
Market Cap $6.29 B
52w High $26.97
52w Low $11.50
Dividend Yield 0.43%
P/E 13.84
Volume 1.16M
Outstanding Shares 253.99M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $431.791M ▲ $32.702M ▼ $167.441M ▲ 38.778% ▲ $0.66 ▲ $273.973M ▲
Q2-2025 $369.482M ▲ $77.361M ▲ $91.304M ▼ 24.711% ▼ $0.36 ▼ $114.905M ▼
Q1-2025 $307.724M ▲ $65.073M ▼ $140.087M ▲ 45.524% ▲ $0.55 ▲ $120.884M ▲
Q4-2024 $299.593M ▼ $109.548M ▲ $33.614M ▼ 11.22% ▼ $0.13 ▼ $102.652M ▼
Q3-2024 $331.106M $-173.256M $236.927M 71.556% $0.93 $333.759M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $485.728M ▼ $5.454B ▲ $1.552B ▼ $3.715B ▲
Q2-2025 $588.539M ▼ $5.401B ▲ $1.678B ▼ $3.548B ▲
Q1-2025 $647.959M ▲ $5.33B ▲ $1.704B ▲ $3.457B ▲
Q4-2024 $478.435M ▲ $5.048B ▲ $1.488B ▲ $3.391B ▲
Q3-2024 $457.892M $4.954B $1.423B $3.357B

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $167.665M ▲ $186.581M ▲ $-136.035M ▼ $-154.109M ▼ $-102.811M ▼ $49.38M ▲
Q2-2025 $95.35M ▼ $135.387M ▲ $-111.092M ▼ $-82.929M ▼ $-59.42M ▼ $30.96M ▲
Q1-2025 $140.087M ▲ $21.467M ▼ $-82.434M ▲ $230.491M ▲ $169.524M ▲ $-61.25M ▼
Q4-2024 $33.614M ▼ $178.091M ▼ $-100.278M ▼ $-57.27M ▼ $20.543M ▼ $77.117M ▼
Q3-2024 $244.426M $180.824M $117.784M $-12.298M $286.346M $85.376M

Five-Year Company Overview

Income Statement

Income Statement Revenue has trended upward over the last five years, with a clear step up in the most recent year. Profitability has improved even more dramatically: margins moved from thin or negative earlier in the period to quite healthy recently, both at the operating and net income level. Earnings were volatile in the past, including a loss in 2020 and only modest profits in 2022–2023, which is typical for a metals producer exposed to swings in commodity prices and costs. The latest year looks like a strong rebound in efficiency and pricing power, but the history reminds us that results can swing with the cycle.

Balance Sheet

Balance Sheet The balance sheet looks relatively solid and has strengthened over time. Total assets and shareholder equity have grown, suggesting reinvestment into the business and the build‑up of its mining portfolio. Debt is meaningful but not excessive and has come down from earlier peaks, while cash levels have risen, giving the company more financial flexibility. Overall, the capital structure appears reasonably conservative for a mining company, though still exposed to commodity-driven shocks and future investment needs.

Cash Flow

Cash Flow Cash generation from operations has improved from a weak and even negative position a few years ago to clearly positive and healthier levels now. Free cash flow has been pressured at times by heavy investment spending, but recently it has turned positive again, indicating the business is beginning to fund itself more comfortably after an investment-heavy phase. Capital expenditure has stepped up, which likely reflects spending on new projects and mine development rather than day‑to‑day costs. The pattern is consistent with a miner moving from a period of heavy build‑out toward one where new assets start contributing cash, but cash flows will remain sensitive to metal prices and project execution.

Competitive Edge

Competitive Edge Buenaventura benefits from long operating history in Peru, deep local geological knowledge, and a diversified mix of precious and base metals. Its portfolio of long‑life assets and project pipeline helps spread risk across mines and metals, rather than relying on a single operation or commodity. Strong community relationships and a local identity are important advantages in a country where social and regulatory issues can delay or halt projects. At the same time, the company faces intense competition from global mining majors and is exposed to country‑specific political, regulatory, and social risks that can affect costs, timelines, and access to new deposits.

Innovation and R&D

Innovation and R&D The company’s innovation focus is practical and incremental rather than headline‑grabbing. It is using digital tools, data analytics, and some automation to squeeze more efficiency and reliability from existing operations, and exploring renewable energy to lower both costs and environmental impact. Work on biotechnology for mine closure and a structured approach to sustainability suggest attention to long‑term environmental obligations, not just near‑term output. The strategy leans on operational know‑how and process improvement rather than proprietary technology, so the payoff will depend on consistent execution and how quickly these initiatives scale across its mines.

Summary

Overall, Buenaventura looks like a cyclical mining company emerging from a tougher period into a much stronger phase of earnings and cash generation. Profitability and cash flows have improved notably, and the balance sheet carries a healthier mix of cash and debt than a few years ago. The business is actively investing in new projects and efficiency improvements, aiming to convert its geological and local expertise into sustainable production and cost advantages. Key uncertainties remain around metal prices, project delivery (especially new developments like San Gabriel), and the broader Peruvian operating environment. The story is one of a seasoned regional player with improving financial momentum, but still firmly tied to the ups and downs of the global metals cycle and local country risk.