Compania de Minas Buenaventura SAA

BVN · NYSE

$27.92−$0.57 (−2.00%)TodayMarket closed · Oct 23, 7:30 PM ET

Prev close $28.49

BVN analyst rating

BuyConsensus of 2 analysts over the last 12 months. 50% rate it a buy.

Strong buy0
Buy1
Hold1
Underperform0
Sell0

12-month price target · 8 analysts

Average $38.83 (+39.1% upside)

Low: $27.67
Now: $27.92
High: $52.50

Upgrades and downgrades

The latest rating actions, newest first

BVN analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
Scotiabank	Jul 14, 2026	Maintains	Sector Perform	$44.00 → $40.00	67%
Morgan Stanley	Jul 8, 2026	Maintains	Overweight	$42.50 → $34.50	53%
Scotiabank	Mar 2, 2026	Maintains	Sector Perform	$42.00 → $44.00	67%
Scotiabank	Nov 19, 2025	Maintains	Sector Perform	$27.50 → $27.00	67%
Scotiabank	Nov 7, 2025	Maintains	Sector Perform	$27.00 → $27.50	67%

The case for and against

Updated May 12, 2026

Bull case

Compania De Minas is expected to have strong financial performance in 2026 and beyond, with expected G&A of $60-70M, exploration budget of $90-100M, and revenue and EBITDA of $1.8-2.0B. Additionally, the company aims to maintain a revenue mix of 50% base metals and 50% precious metals, a minimum EBITDA of $100M per mine, and mine lives in excess of 5-10 years while also pursuing growth opportunities and maintaining a disciplined capital allocation strategy. With the upcoming start of production at the San Gabriel mine in December 2025, the company expects to see an increase in gold production and declining costs over the next few years, with a target of producing 200-220Koz of gold annually by 2040.

Bear case

Compania De Minas is heavily dependent on the volatile market prices of precious and base metals, leaving it vulnerable to drastic swings in revenue and profitability. Additionally, the decline in gold production until 2025 and the focus on copper projects for future growth suggest a lack of diversification and potential risk for the company's long-term prospects. Without a steady stream of diversified revenue, the stock may face significant challenges in maintaining its value for shareholders.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.