Jun 2026 (Q2 FY26) — Jul 31, 2026
Compañía de Minas Buenaventura Q2 FY26 — Strong Financials Amidst San Gabriel Ramp-Up and Yumpag Expansion
Read the full callBuenaventura Mining CO (BVN) earnings
- Jun 2026 (Q2 FY26)
- Dec 2024
Buenaventura Mining CO earnings: last reported Fri, 31 Jul 2026, for the quarter ended Jun 2026.
Guidance
What management said, and what became of it
9 of 16 judged targets kept · 38 open · verdicts reflect calls analysed to Jun 2026.
| Target | Original wording | Said | Latest call | Verdict |
|---|---|---|---|---|
| Yumpaq mine plan modification | receive modification | Mar 2026 | after quarter end, we received approval to increase Yumpag's mining throughput from 1,000 tons per day to 1,200 tons per day, an important milestone toward unlocking additional production capacity. | Achieved |
| San Gabriel final operational permits | granted | Dec 2025 | Ghosted | |
| Total Capex | $385 million to $415 million | Dec 2025 | the total CapEx we expect to spend this year is around $500 million. | Revised Down |
7 of BUENAVENTURA MINING CO INC's 54 targets were missed. See which ones, and which are quietly gone. The 3 above are the free sample; 51 more targets are in the full ledger.
Claimed
- Consolidated gold production increased 12% year-over-year to 30,500 ounces, primarily driven by San Gabriel's ramp-up.
- Total revenues increased 43% year-over-year to $529 million.
- EBITDA from direct operations reached $277 million, increasing 113% year-over-year, with margins expanding from 35% to 52%.
- Net income reached $261 million, representing a 165% increase year-over-year.
- The company maintained a net cash position of $67 million, with net debt-to-EBITDA at negative 0.05x, underscoring financial flexibility.
Qualified
- San Gabriel's throughput remained constrained by tailings management and filtration challenges, impacting unit costs.
- Gold recovery at San Gabriel is currently below expected steady-state levels, with a target of 70% by year-end 2026, compared to a budget of 85%.
- Silver cash costs increased year-over-year at Uchucchacua and Yumpag, primarily due to higher commercial deductions associated with price-based escalators.
- The company anticipates potential impacts from the El Nino phenomenon, allocating an additional $12 million in CapEx for mitigation efforts.
Price
$30.14 −0.92% · −$0.28
Performance +17.9% 1Y
1Y: $25.57 on 17 Oct 2025 → $30.14. High $43.67 (27 Feb 2026), low $21.16 (4 Nov 2025).
- Previous close
- $30.42
- 52-week range
- $21.16 – $43.67
- One year
- +17.50%
Overview
- Symbol
- BVN
- Sector
- Materials
- Industry
- Metal Mining
- Exchange
- US
- Currency
- USD
Guidance
What management said, and what became of it
9 of 16 judged targets kept · 38 open · verdicts reflect calls analysed to Jun 2026.
| Target | Original wording | Said | Latest call | Verdict |
|---|---|---|---|---|
| Yumpaq mine plan modification | receive modification | Mar 2026 | after quarter end, we received approval to increase Yumpag's mining throughput from 1,000 tons per day to 1,200 tons per day, an important milestone toward unlocking additional production capacity. | Achieved |
| San Gabriel final operational permits | granted | Dec 2025 | Ghosted | |
| Total Capex | $385 million to $415 million | Dec 2025 | the total CapEx we expect to spend this year is around $500 million. | Revised Down |
Claimed
- Consolidated gold production increased 12% year-over-year to 30,500 ounces, primarily driven by San Gabriel's ramp-up.
- Total revenues increased 43% year-over-year to $529 million.
- EBITDA from direct operations reached $277 million, increasing 113% year-over-year, with margins expanding from 35% to 52%.
- Net income reached $261 million, representing a 165% increase year-over-year.
- The company maintained a net cash position of $67 million, with net debt-to-EBITDA at negative 0.05x, underscoring financial flexibility.
Qualified
- San Gabriel's throughput remained constrained by tailings management and filtration challenges, impacting unit costs.
- Gold recovery at San Gabriel is currently below expected steady-state levels, with a target of 70% by year-end 2026, compared to a budget of 85%.
- Silver cash costs increased year-over-year at Uchucchacua and Yumpag, primarily due to higher commercial deductions associated with price-based escalators.
- The company anticipates potential impacts from the El Nino phenomenon, allocating an additional $12 million in CapEx for mitigation efforts.
The full ledger
Open BUENAVENTURA MINING CO INC’s full ledger
A free account opens 5 company ledgers a month. All 54 tracked commitments, with each call’s wording and source.
Call summaries
Dec 2025 (Q4 FY25) — Feb 27, 2026
Compañía de Minas Buenaventura Q4 FY25 — San Gabriel Nears Completion Amidst Strong Financials
Read the full callEvery analysed call
Buenaventura Mining CO earnings calls (BVN)
Financials
What the filings say
| Line item | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Total liabilities | 1,269 | 1,188 | 1,139 | 1,180 | 2,023 | 1,340 | 1,365 | 1,488 |
| Fixed assets | 1,950 | 1,848 | 1,754 | 1,650 | 1,538 | 1,535 | — | — |
| Total assets | 4,333 | 4,217 | 4,107 | 3,980 | 4,562 | 4,503 | 4,534 | 5,048 |
| Line item | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | 213 | 346 | 69 | 123 | -233 | 42 | 227 | 486 |
| Cash from investing | -138 | -118 | -106 | -62 | -86 | 206 | -206 | -118 |
| Cash from financing | 60 | -74 | -123 | -35 | 461 | -370 | -56 | -109 |
| Net cash flow | 134 | 155 | -159 | 25 | 142 | -123 | -34 | 259 |
| Capital expenditure | -260 | -111 | -103 | -72 | -90 | -152 | -239 | -338 |
| Free cash flow | -47 | 235 | -34 | 51 | -324 | -110 | -12 | 148 |
Insider filings
No filings in the last 12 months.
No officer, director or 10% owner of BVN filed a Form 4 in this window. That is a statement about filings, not about ownership — see the note below.
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
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