Fermer X Les cookies sont necessaires au bon fonctionnement de 24hGold.com. En poursuivant votre navigation sur notre site, vous acceptez leur utilisation.
Pour en savoir plus sur les cookies...
Cours Or & Argent en


Publié le 10 septembre 2015

Bear of the Day: Buenaventura (BVN)

( 0 vote, 0/5 ) Imprimer l'article
  Article Commentaires Commenter Notation Suivre la société  
Mots clés associés :   Copper | Nickel | Precious Metals | Zinc |

Bear of the Day: Buenaventura (BVN)

Over the next year many precious metals are expected to fetch a lower price level.  This is due to a few factors; uncertainty about demand coming from China due to lower than expected growth, lower than expected oil prices which has lowered the expected trading range for gold in 2016, and falling inflation.  Just over a week ago, Standard & Poor’s cut their price forecasts for aluminum, copper, zinc, nickel, and gold.  This is not good news for Compania de Minas Buenaventura (BVN), who is Peru’s largest publicly traded precious metals mining company, and the Zacks Bear of the Day.  

This Zacks Rank #5 (Strong Sell) company is a leading mining company producing precious metals and holding mining rights in Peru. Since its inception in 1953, Buenaventura has focused on exploration and exploitation activities both by its own and through joint ventures. Buenaventura also is an important shareholder of Minera Yanacocha S.R.L., one of the leading gold producers in Latin America.

Further, it is not just the recent precious metal forecasts that have negatively impacted both the top and bottom lines for Buenaventura, this problem has been going on for a bit now.  In their most recent earnings report Buenaventura saw total revenues decline -15% y/y, and Net sales decline -16% y/y.  To make matters worse, the company saw declining average realized prices in every metal besides zinc; Gold down -7%, Silver down -18%, and Copper fell -22% year over year.  To further complicate matters, volumes for these three metals are down year over year as well; Gold -16%, Silver -3%, and Copper -13%.  

Decreasing Estimates

It was not just S&P who cut their precious metal price forecasts, most major agencies are following suit as well.  This has caused significant downgrades for EPS and Revenue expectations for the company.  As you can see in the table below, estimates have significantly declined over the past year.  

Over the past 30 days, estimates for Q3 15, Q4 15, FY 15 and FY 16 have all seen significant negative revisions; Q3 15 fell from $0.08 to -$0.05, Q4 15 dropped from $0.10 to -$0.05, FY 15 plummeted from $0.04 to -$0.04, and FY 16 collapsed from $0.28 to -$0.13.

Bottom Line

It looks like a very tough road ahead for precious metal miners, and as one of the leading miners, Buenaventura is not immune to this issue. Unfortunately, this negative sediment for precious metals is expected to run into 2016.  

If you are inclined to invest in the Mining sector, we would exercise caution because none of the same sector stocks have a rating better than a Zacks Rank #3 (Hold).  It would be advised to look into other sectors for buying opportunities.  

Note: Want more articles from this author? Scroll up to the top of this article and click the FOLLOW AUTHOR button to get an email each time a new article is published.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
BUENAVENTUR-ADR (BVN): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
Lire la suite de l'article sur finance.yahoo.com


ISIN : US2044481040
Suivi et investissement
Add to watch list Add to your portfolio Add or edit a note
Ajouter une alerte Ajouter aux Watchlists Ajouter au portefeuille Ajouter une note
de Marché
Projets & res.
de Presse
Profile actifs
Contactez la cie

Buenaventura est une société de production minière basée au Perou.

Buenaventura est productrice d'argent, d'or, de plomb et de zinc au Perou, en développement de projets d'argent, de cuivre et d'or au Perou, et détient divers projets d'exploration au Chili, au Perou et en Argentine.

Ses principaux projets en production sont ORCOPAMPA, UCHUCCHACUA, COLQUIJIRCA MINE, YANACOCHA, CERRO VERDE et LA ZANJA au Perou, ses principaux projets en développement sont CONGA et TANTAHUATAY au Perou et ses principaux projets en exploration sont ISHIHUINCA, JULCANI, PORACOTA, ANTAPITE, RECUPERADA - BVN, MINAS CHANCA, TRAPICHE, PUQUIO JV et SABRINA au Perou et CERRO VERDE - MILL, CERRO VERDE - CRUSHED LEACH et CERRO VERDE - ROM LEACH au Chili.

Buenaventura est cotée aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 1,9 milliards US$ (1,7 milliards €).

La valeur de son action a atteint son plus bas niveau récent le 28 août 1998 à 1,35 US$, et son plus haut niveau récent le 25 juin 2004 à 10,00 US$.

Buenaventura possède 275 630 016 actions en circulation.

Votre avis nous interesse, merci de laisser un commentaire ou de noter cet article.
Evaluer : Note moyenne :0 (0 vote) Voir les mieux notés
Dans les médias de Buenaventura
06/11/2017Land use conflict suspends Buenaventura's silver mine in Per...
Communiqués de Presse de Buenaventura
27/07/2016Buenaventura posts 2Q profit
27/07/2016Buenaventura Announces Second Quarter 2016 Results
01/07/2016Buenaventura Announces the Completion of its Debt Profiling
02/05/2016Buenaventura Announces Filing of 2015 Annual Report on Form ...
01/02/2016Buenaventura Announces Fourth Quarter Production Results and...
26/01/2016Buenaventura Announces Fourth Quarter and 2016 Estimated Pro...
05/01/2016Buenaventura Announces Appointment of New Board Member
26/11/2015Do Hedge Funds Love Applied Industrial Technologies (AIT)?
22/11/2015Is Invesco Mortgage Capital Inc (IVR) A Good Stock To Buy?
30/10/20158:59 am Buenaventura SA misses by $0.09, misses on revs
13/10/2015Buenaventura Announces Third Quarter Production Results and ...
13/10/2015Buenaventura Announces Third Quarter and 2015 Estimated Prod...
07/10/2015Why Buenaventura (BVN) Could Be Positioned for a Surge?
22/09/2015Latin American ADRs Getting Slaughtered, Brazilian Real And ...
21/09/2015Mid-Morning Market Update: Markets Open Higher; Lennar Tops ...
10/09/2015Bear of the Day: Buenaventura (BVN)
27/08/2015The 52-Week Low Club for Thursday
31/07/2015Buenaventura Announces Second Quarter 2015 Results
22/07/2015Compania de Minas Buenaventura (BVN) in Focus: Stock Up 6.7%...
13/07/2015Buenaventura Announces Second Quarter Production Results and...
10/07/2015Buenaventura Announces Second Quarter and 2015 Estimated Pro...
02/07/2015Drying Volume in Peru ETF Could Stir Buybacks
25/06/2015China’s May Manufacturing Figures: Mixed Signals for Copper
17/06/2015China’s Copper Imports Dip in May Month-over-Month
03/06/2015Will Chinese Copper Demand Pick Up in the Coming Months?
12/04/20159:05 am Buenaventura SA reports Q1 production and FY15 guida...
10/04/2015Buenaventura Announces First Quarter Production Results and ...
02/04/2015Latin American ETFs: Bargain Or Trap?
02/04/2015Zacks Rank #5 Additions for Thursday - Tale of the Tape
30/03/2015Buenaventura Announces the Resolutions of Annual Shareholder...
30/03/2015Buenaventura Announces the Resolutions of Annual Shareholder...
09/03/2015Zacks Rank #5 Additions for Monday - Tale of the Tape
02/03/2015Zacks Rank #5 Additions for Monday - Tale of the Tape
05/06/2012(Minas Chanca)Focus and Buenaventura Complete Minas Chanca Sale and Privat...
17/04/2012(Minas Chanca)Focus sells interest in Minas Chanca to Buenaventura, and Bu...
Publication de commentaires terminée
Dernier commentaire publié pour cet article
Soyez le premier à donner votre avis
Ajouter votre commentaire
US$ 6,87
28/06 17:00 -0,240
Cours préc. Ouverture
7,11 7,13
Bas haut
6,84 7,19
Année b/h Var. YTD
6,80 -  11,41 -6,15%
52 sem. b/h var. 52 sem.
6,15 -  11,41 -22,90%
Volume var. 1 mois
559 266 -22,64%
24hGold TrendPower© : 32
Produit Gold - Lead - Silver - Zinc
Développe Copper - Gold - Silver
Recherche Copper - Gold - Lead - Molybdenum - Silver - Zinc
Interactive chart Add to compare
Imprimer Comparer Exporter
Dernière mise à jour le : 04/01/2010
Vous devez être connecté pour accéder au portefeuille (gratuit)
Top Newsreleases
Variation annuelle
Graphique 5 ans
Graphique 3 mois
Graphique volume 3 mois
Nouvelles des Sociétés Minières
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
0,12 AU$-8,00%Trend Power :
announces expected non-cash impairment
7,58 AU$+2,71%Trend Power :
Oceana Gold(Au)OGC.AX
2,83 AU$-4,07%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
3,86 AU$+0,00%Trend Power :
Canadian Zinc(Ag-Au-Cu)CZN.TO
Reports Financial Results for Q2 and Provides Project Updates
0,12 CA$+4,55%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
0,02 CA$+100,00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
0,47 US$-7,33%Trend Power :
Rentech Announces Results for Second Quarter 2017
0,20 US$-12,28%Trend Power :
Reduced Funding Requirement
0,53 GBX-10,32%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
0,02 CA$+0,00%Trend Power :
Closes Bridge Loan Financing
3,00 CA$+0,00%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
1,84 CA$+0,00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
8,71 CA$-1,02%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
0,30 CA$+7,14%Trend Power :
Q A April 2017 Quarterly Report
0,25 AU$+4,17%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
6,80 US$-2,86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
1,79 CA$-6,28%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
59,37 US$+2,73%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
8,66 CA$-0,35%Trend Power :
2nd Quarter Report
0,03 AU$+0,00%Trend Power :