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Earnings
Buenaventura reports Q3 EPS 10c, consensus 12c » 20:10
10/29/20
10/29
20:10
10/29/20
20:10
BVN

Buenaventura

$12.69 /

+0.065 (+0.51%)

Reports Q3 revenue…

Reports Q3 revenue $228.2M, consensus $214.77M. Reports Q3 adj. EBITDA $183.9M vs. $168.2M last year.

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BVN Buenaventura
$12.69 /

+0.065 (+0.51%)

BVN Buenaventura
$12.69 /

+0.065 (+0.51%)

06/22/20 Goldman Sachs
Buenaventura upgraded to Buy from Sell at Goldman Sachs
01/17/20 HSBC
Buenaventura downgraded to Hold from Buy at HSBC
BVN Buenaventura
$12.69 /

+0.065 (+0.51%)

Hot Stocks
Buenaventura names Daniel Dominguez as CFO » 18:29
09/08/20
09/08
18:29
09/08/20
18:29
BVN

Buenaventura

$12.90 /

-0.895 (-6.49%)

Compania de Minas…

Compania de Minas Buenaventura announced that Buenaventura's Board has elected Daniel Dominguez as Buenaventura's CFO, effective September 8, 2020. Mr. Dominguez will succeed Leandro Garcia, who was appointed as Buenaventura's Chief Executive Officer on July 30, 2020, effective September 1, 2020.

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BVN Buenaventura
$12.90 /

-0.895 (-6.49%)

BVN Buenaventura
$12.90 /

-0.895 (-6.49%)

06/22/20 Goldman Sachs
Buenaventura upgraded to Buy from Sell at Goldman Sachs
01/17/20 HSBC
Buenaventura downgraded to Hold from Buy at HSBC
BVN Buenaventura
$12.90 /

-0.895 (-6.49%)

Over a quarter ago
Hot Stocks
Gold miners glitter amid spike in gold prices as Covid, dollar create haven » 14:48
08/04/20
08/04
14:48
08/04/20
14:48
ABX

Symbol changed to GOLD

$0.00 /

+ (+0.00%)

, GOLD

Barrick Gold

$29.47 /

+0.75 (+2.61%)

, AU

AngloGold

$31.92 /

+0.405 (+1.29%)

, AEM

Agnico Eagle

$80.37 /

+2.27 (+2.91%)

, NEM

Newmont

$69.59 /

+1.46 (+2.14%)

, KGC

Kinross Gold

$9.52 /

+0.24 (+2.59%)

, AUY

Yamana Gold

$6.63 /

+0.17 (+2.63%)

, BVN

Buenaventura

$12.22 /

+0.53 (+4.53%)

, MUX

McEwen Mining

$1.46 /

+0.11 (+8.15%)

, GFI

Gold Fields

$13.27 /

+0.365 (+2.83%)

, GAU

Galiano Gold

$2.00 /

+0.095 (+5.00%)

Shares of gold mining…

Shares of gold mining stocks have rallied along with gold itself since the beginning of the year. The move up in gold prices initially was attributed to the degradation of the U.S. dollar at the beginning of 2020, but the move accelerated amid concern and some would panic over the coronavirus pandemic. DROP IN YIELDS AMID STIMULUS: Economies and governments across the globe have responded to COVID-19 with massive stimulus packages to keep businesses and citizens afloat. Investors are fleeing to gold as a safe-haven trade as governments debt loads mount as they spend more. In an article out earlier, Joe Wallace of the Wall Street Journal attributed the recent gold move to "this year's precipitous drop in yields on U.S. Treasury to levels below the expected pace of inflation." SHARP RISE TODAY: Gold is rallying with October gold futures last up approximately $29.10 an ounce at $2,003. RECENT ANALYST CALLS: Scotiabank analyst Tanya Jakusconek upgraded Agnico Eagle Mines (AEM) to Outperform from Sector Perform with a price target of $72, up from $65 last week, while BMO Capital analyst Raj Ray downgraded AngloGold (AU) to Market Perform from Outperform with an unchanged price target of $34. PRICE ACTION: Shares of companies in the precious metals space are all higher in late day trading, including Agnico Eagle Mines, AngloGold, Newmont (NEM), Kinross Gold (KGC), Yamana Gold (AUY), Buenaventura (BVN), McEwen Mining (MUX), Gold Fields (GFI), and Galiano Gold (GAU).

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NEM Newmont
$69.59 /

+1.46 (+2.14%)

MUX McEwen Mining
$1.46 /

+0.11 (+8.15%)

KGC Kinross Gold
$9.52 /

+0.24 (+2.59%)

GOLD Barrick Gold
$29.47 /

+0.75 (+2.61%)

GFI Gold Fields
$13.27 /

+0.365 (+2.83%)

BVN Buenaventura
$12.22 /

+0.53 (+4.53%)

AUY Yamana Gold
$6.63 /

+0.17 (+2.63%)

AU AngloGold
$31.92 /

+0.405 (+1.29%)

AEM Agnico Eagle
$80.37 /

+2.27 (+2.91%)

ABX Symbol changed to GOLD
$0.00 /

+ (+0.00%)

GOLD Barrick Gold
$29.47 /

+0.75 (+2.61%)

07/20/20 Scotiabank
Yamana downgraded to Sector Perform on valuation at Scotiabank
06/29/20 Citi
Barrick Gold price target raised to $27 from $19 at Citi
05/07/20 Deutsche Bank
Barrick Gold price target raised to $34 from $25 at Deutsche Bank
04/16/20 Barclays
Barrick Gold downgraded to Equal Weight from Overweight at Barclays
AU AngloGold
$31.92 /

+0.405 (+1.29%)

07/31/20 BMO Capital
AngloGold downgraded to Market Perform from Outperform at BMO Capital
06/17/20 Deutsche Bank
AngloGold initiated with a Buy at Deutsche Bank
05/27/20 RBC Capital
AngloGold price target raised to $31 from $29 at RBC Capital
04/21/20 BofA
AngloGold upgraded to Neutral from Underperform at BofA
AEM Agnico Eagle
$80.37 /

+2.27 (+2.91%)

07/30/20 Scotiabank
Agnico Eagle upgraded to Outperform with $72 target at Scotiabank
07/30/20 Scotiabank
Agnico Eagle upgraded to Outperform from Sector Perform at Scotiabank
05/01/20 TD Securities
Agnico Eagle price target lowered to C$76 from C$77 at TD Securities
05/01/20 BMO Capital
Agnico Eagle price target raised to C$60 from C$54 at BMO Capital
NEM Newmont
$69.59 /

+1.46 (+2.14%)

06/29/20 Citi
Newmont price target lowered to $70 from $74 at Citi
05/18/20 Standpoint Research
Newmont downgraded to Hold from Buy at Standpoint Research
05/06/20 Deutsche Bank
Newmont price target raised to $70 from $54 at Deutsche Bank
KGC Kinross Gold
$9.52 /

+0.24 (+2.59%)

06/15/20 RBC Capital
Kinross Gold upgraded to Outperform from Sector Perform at RBC Capital
06/11/20 National Bank
Kinross moved to 'Top Pick' on valuation discount at National Bank
04/16/20 Scotiabank
Kinross Gold upgraded to Outperform from Sector Perform at Scotiabank
AUY Yamana Gold
$6.63 /

+0.17 (+2.63%)

08/03/20 Peel Hunt
Yamana Gold initiated with a Buy at Peel Hunt
07/24/20 Credit Suisse
Credit Suisse backs Outperform on Yamana Gold after Q2 results
07/20/20 Scotiabank
Yamana Gold downgraded to Sector Perform from Outperform at Scotiabank
BVN Buenaventura
$12.22 /

+0.53 (+4.53%)

06/22/20 Goldman Sachs
Buenaventura upgraded to Buy from Sell at Goldman Sachs
01/17/20 HSBC
Buenaventura downgraded to Hold from Buy at HSBC
MUX McEwen Mining
$1.46 /

+0.11 (+8.15%)

09/10/19
Fly Intel: Top five analyst initiations
09/10/19 B. Riley Securities
B. Riley FBR starts McEwen Mining with Buy rating, $4.20 price target
09/10/19 B. Riley Securities
McEwen Mining initiated with a Buy at B. Riley FBR
GFI Gold Fields
$13.27 /

+0.365 (+2.83%)

06/22/20 JPMorgan
Gold Fields upgraded to Overweight from Neutral at JPMorgan
04/21/20 BofA
Gold Fields upgraded to Buy from Neutral at BofA
10/18/19 Goldman Sachs
AngloGold upgraded to Buy from Neutral at Goldman Sachs
GAU Galiano Gold
$2.00 /

+0.095 (+5.00%)

07/20/20 Scotiabank
Galiano Gold price target raised to C$2.25 from C$1.50 at Scotiabank
NEM Newmont
$69.59 /

+1.46 (+2.14%)

MUX McEwen Mining
$1.46 /

+0.11 (+8.15%)

KGC Kinross Gold
$9.52 /

+0.24 (+2.59%)

GOLD Barrick Gold
$29.47 /

+0.75 (+2.61%)

BVN Buenaventura
$12.22 /

+0.53 (+4.53%)

AUY Yamana Gold
$6.63 /

+0.17 (+2.63%)

AEM Agnico Eagle
$80.37 /

+2.27 (+2.91%)

  • 20
    Nov
NEM Newmont
$69.59 /

+1.46 (+2.14%)

GOLD Barrick Gold
$29.47 /

+0.75 (+2.61%)

MUX McEwen Mining
$1.46 /

+0.11 (+8.15%)

KGC Kinross Gold
$9.52 /

+0.24 (+2.59%)

AUY Yamana Gold
$6.63 /

+0.17 (+2.63%)

NEM Newmont
$69.59 /

+1.46 (+2.14%)

MUX McEwen Mining
$1.46 /

+0.11 (+8.15%)

KGC Kinross Gold
$9.52 /

+0.24 (+2.59%)

GOLD Barrick Gold
$29.47 /

+0.75 (+2.61%)

GFI Gold Fields
$13.27 /

+0.365 (+2.83%)

AUY Yamana Gold
$6.63 /

+0.17 (+2.63%)

AEM Agnico Eagle
$80.37 /

+2.27 (+2.91%)

Earnings
Buenaventura reports Q2 EPS (10c), consensus (18c) » 19:26
07/30/20
07/30
19:26
07/30/20
19:26
BVN

Buenaventura

$12.20 /

-0.37 (-2.94%)

Reports Q2 revenue…

Reports Q2 revenue $97.8M, consensus $71.67M. Reports Q2 adj. EBITDA $86.1M vs. $137.3M last year. The company states: "Q2 results were adversely impacted by the State of Emergency and related mandated lockdown instituted by the Peruvian Government in order to contain the spread of the COVID-19. As part of the Buenaventura's two-phased plan, on May 16, 2020 Tambomayo, Uchucchacua, El Brocal and Coimolache began the process to restart operations. The second phase began on June 16, 2020. As of the date of this press release, the Company expects to reach full capacity at all operations by the end of August."

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BVN Buenaventura
$12.20 /

-0.37 (-2.94%)

BVN Buenaventura
$12.20 /

-0.37 (-2.94%)

06/22/20 Goldman Sachs
Buenaventura upgraded to Buy from Sell at Goldman Sachs
01/17/20 HSBC
Buenaventura downgraded to Hold from Buy at HSBC
BVN Buenaventura
$12.20 /

-0.37 (-2.94%)

Hot Stocks
Buenaventura CEO Gobitz resigns, Garcia named next CEO » 17:06
07/30/20
07/30
17:06
07/30/20
17:06
BVN

Buenaventura

$12.20 /

-0.37 (-2.94%)

Buenaventura announced…

Buenaventura announced that Victor Gobitz has resigned as the Company's Chief Executive Officer, effective August 31, 2020, to pursue another professional opportunity. Buenaventura's Board of Directors has appointed Leandro Garcia, Buenaventura's Chief Financial Officer, to assume the role of Chief Executive Officer, effective September 1, 2020. Roque Benavides, Buenaventura's Chairman, stated: "Mr. Gobitz has made many important contributions to Buenaventura during his tenure with the Company, including our successful De-bottlenecking Program and related upgraded methodology to evaluate greenfield projects, as well as various improvements to our cost structure and associated capital efficiencies- all of which are clearly resonating. These core competencies will continue to serve the Company well moving into the future. On behalf of the Board, I thank Victor for his leadership, commitment and contributions to Buenaventura over the last four years."

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BVN Buenaventura
$12.20 /

-0.37 (-2.94%)

BVN Buenaventura
$12.20 /

-0.37 (-2.94%)

06/22/20 Goldman Sachs
Buenaventura upgraded to Buy from Sell at Goldman Sachs
01/17/20 HSBC
Buenaventura downgraded to Hold from Buy at HSBC
BVN Buenaventura
$12.20 /

-0.37 (-2.94%)

Upgrade
Buenaventura upgraded to Buy from Sell at Goldman Sachs » 07:13
06/22/20
06/22
07:13
06/22/20
07:13
BVN

Buenaventura

$8.67 /

+0.285 (+3.40%)

Goldman Sachs analyst…

Goldman Sachs analyst Thiago Ojea upgraded Buenaventura to Buy from Sell with a $11.50 price target after the firm's global commodities team reiterated its bullish stance on gold and has raised its prices forecast. Ojea has been cautious on Latin American precious miners for the past year, but for Buenaventura he believes that investors' expectations on lower volumes have already been reset and that higher gold prices could be an important catalyst.

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BVN Buenaventura
$8.67 /

+0.285 (+3.40%)

BVN Buenaventura
$8.67 /

+0.285 (+3.40%)

01/17/20 HSBC
Buenaventura downgraded to Hold from Buy at HSBC
BVN Buenaventura
$8.67 /

+0.285 (+3.40%)

Earnings
Buenaventura reports Q1 EPS (30c), consensus (5c) » 19:01
05/18/20
05/18
19:01
05/18/20
19:01
BVN

Buenaventura

$8.61 /

+0.235 (+2.81%)

Reports Q1 revenue…

Reports Q1 revenue $114.5M, one estimate $243.4M. 1Q20 results were adversely impacted by the State of Emergency and related mandated lockdown instituted by the Peruvian Government in order to contain the spread of the Coronavirus. Due to the outbreak of COVID-19 in Peru and the related restrictions imposed, Buenaventura was unable to produce for 17% of the first quarter 2020.

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BVN Buenaventura
$8.61 /

+0.235 (+2.81%)

BVN Buenaventura
$8.61 /

+0.235 (+2.81%)

01/17/20 HSBC
Buenaventura downgraded to Hold from Buy at HSBC
BVN Buenaventura
$8.61 /

+0.235 (+2.81%)

Hot Stocks
Buenaventura withdraws FY19 final dividend payment » 20:23
04/15/20
04/15
20:23
04/15/20
20:23
BVN

Buenaventura

$7.21 /

-0.535 (-6.91%)

Compania de Minas…

Compania de Minas Buenaventura announced that, due to uncertainties related to suspended mining activities in Peru and with the aim to preserve the company's cash position, Buenaventura's board has unanimously voted to withdraw to the company's year-end 2019 dividend payment from the upcoming Annual General Meeting agenda.

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BVN Buenaventura
$7.21 /

-0.535 (-6.91%)

01/17/20 HSBC
Buenaventura downgraded to Hold from Buy at HSBC
Hot Stocks
Buenaventura announces 13 day extension to COVID-19 restrictions » 16:34
03/30/20
03/30
16:34
03/30/20
16:34
BVN

Buenaventura

$6.86 /

-0.4 (-5.51%)

Buenaventura y advised…

Buenaventura y advised that the Peruvian Government has extended the current state of emergency by an additional 13 days to curb the COVID-19 pandemic. The quarantine period has therefore currently been extended until April 12, 2020. Production at Buenaventura's direct operations remains on care and maintenance during the state of emergency, but Buenaventura continues to process ore on the leach pads at its Coimolache and La Zanja mines. Mining activities will be limited to those critical activities which ensure functionality of mine pumping systems, water treatment plants, energy supply, hydroelectric substations, health services as well as to ensure essential plant maintenance, managerial oversight, security and safety conditions, including backfill and general support, among others. Buenaventura is prepared to immediately resume normal operations once it has received notice from the authorities that restrictions have been lifted.

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BVN Buenaventura
$6.86 /

-0.4 (-5.51%)

01/17/20 HSBC
Buenaventura downgraded to Hold from Buy at HSBC
Hot Stocks
Buenaventura to limit activities of operations amid COVID-19 pandemic » 16:55
03/17/20
03/17
16:55
03/17/20
16:55
BVN

Buenaventura

$8.18 /

+1.755 (+27.34%)

Buenaventura announced…

Buenaventura announced that the Peruvian Government has issued a Supreme Decree and has declared a National Emergency in order to contain the COVID-19 outbreak. Said restrictions currently remain in place for a 15-day period, commencing March 16, 2020. In accordance with these restrictions and within the framework of the Company's Pandemic Response Plan, as well as local and national health authority requirements and recommendations, Buenaventura will limit the activities of its operations to those which ensure functionality of its mine pumping systems, water treatment plants, energy supply, hydroelectric substations, health services as well as safety conditions including backfill and general support, among others. Buenaventura is prepared to immediately restart operations once it has received notice from Federal and local authorities that it is appropriate to do so. Buenaventura remains focused on guaranteeing the safety of its employees, communities and contractors, as well as the surrounding environment. The company has been actively monitoring COVID-19 since early January 2020. All operations and offices have implemented the appropriate travel restrictions, surveillance, monitoring and response plans to reduce the risk of COVID-19 exposure and outbreak, including health screening of contractors, visitors and employees when appropriate. In addition, individual operations continually assess the situation as it evolves and have limited external visitors to only those who are considered to be business critical. Each of its operations also continue to monitor and implement business continuity measures to mitigate and minimize any potential impacts of the global outbreak that might emerge on its operations, supply chain, commercial and financial activities. There has been no material impact to production or shipment of concentrate from any of the company's operations to date as a result of COVID-19. Additionally, there has been no significant disruption to the supply chain of the company's operations.

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BVN Buenaventura
$8.18 /

+1.755 (+27.34%)

01/17/20 HSBC
Buenaventura downgraded to Hold from Buy at HSBC
03/19/19 JPMorgan
Buenaventura price target raised to $18 from $14 at JPMorgan

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