Buenaventura Q3 Net Income Jumps 50% to $268M, Declares $0.55 Dividend
BVN sits 31% above its 52-week low of $21.04.
Summary
Buenaventura's 3Q26 net income rose 50% to US$268.4 million from US$179.0 million a year earlier, with EPS of US$1.06 versus US$0.70. Revenue climbed 27% to US$545.3 million and EBITDA from direct operations hit US$261.2 million, up 34%. Nine-month net income nearly doubled to US$825.4 million on revenue of US$1,698.9 million. The balance sheet is a net cash position: US$1,000.6 million in cash against negative net debt of US$307.3 million, leverage at negative 0.25x. The Board approved a dividend of US$0.5508 per share/ADS. This follows the October 15 production release, which flagged San Gabriel gold constraints; processing there resumed in the final week of September, with further tailings filtration reinforcement work planned over the next six months and roughly 100,000 metric tons of ore stockpiled. The earnings call is Friday, October 30 at 12:00 pm ET.
At the time of this announcement, BVN was trading at $27.59 on NYSE in the Energy & Transportation sector, with a market capitalization of approximately $7.3B. The 52-week trading range was $21.04 to $44.67. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: BusinessWire.