Compania de Minas Buenaventura SAA
NYSE:BVN
Compania de Minas Buenaventura SAA
Compania de Minas Buenaventura SAA is a PE-based company operating in Metals & Mining industry. The company is headquartered in San Isidro, Lima. Compania de Minas Buenaventura SAA is a Peru-based company primarily engaged in the mining industry. The firm and its subsidiaries focus on the exploration, extraction, concentration, smelting, and commercialization of polymetallic minerals and metals. Their key product is monohydrate manganese sulphate, which is a mineral compound. The firm's segments include: Production and sale of minerals; Construction, development and exploration of projects; Generation and transmission of energy; Insurance brokerage; Leasing of mining concessions; Investments in shares; and Industrial activities. The firm operates the Orcopampa, Uchucchacua, Julcani, and Tambomayo mines. Additionally, the Company owns interests in various mines and operates hydroelectric power plants.
Compania de Minas Buenaventura SAA is a PE-based company operating in Metals & Mining industry. The company is headquartered in San Isidro, Lima. Compania de Minas Buenaventura SAA is a Peru-based company primarily engaged in the mining industry. The firm and its subsidiaries focus on the exploration, extraction, concentration, smelting, and commercialization of polymetallic minerals and metals. Their key product is monohydrate manganese sulphate, which is a mineral compound. The firm's segments include: Production and sale of minerals; Construction, development and exploration of projects; Generation and transmission of energy; Insurance brokerage; Leasing of mining concessions; Investments in shares; and Industrial activities. The firm operates the Orcopampa, Uchucchacua, Julcani, and Tambomayo mines. Additionally, the Company owns interests in various mines and operates hydroelectric power plants.
EBITDA Growth: EBITDA from direct operations surged by 48% year-over-year to $202.1 million, reflecting strong operational execution.
Net Income: Net income for the quarter was $167.1 million, but this was down from last year due to a large asset sale in Q3 2024.
San Gabriel Project: The San Gabriel project is 96% complete with commissioning underway; first gold production is expected in Q4 2025.
Dividend Resumed: The Board approved a dividend of $0.1446 per share ADS, resuming shareholder returns.
Production Trends: Copper, silver, and gold production all declined year-on-year, as expected due to planned mining sequences and prior-year stockpile effects.
Strong Balance Sheet: Buenaventura ended the quarter with $486 million in cash and a leverage ratio of 0.41x, enabled by strong cash flow generation.
