Report
Kristoffer Inton
EUR 100.00 For Business Accounts Only

Few Surprises at Buenaventura During 1Q, But Shares Look Overvalued

Buenaventura’s first quarter puts it on track to reach its full-year guidance. During the first three months of 2018, the company produced 147,507 ounces, including investments--a 9% gain from the prior year. More impressively, the company grew production at its direct operations 39% year on year to 87,617 ounces. EBITDA from direct operations rose 20% to $97.6 million as a result of the robust production growth, partially offset by higher costs. Furthermore, the continued aging of Yanacocha wei...
Underlying
Compania de Minas Buenaventura SAA Sponsored ADR

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Kristoffer Inton

Other Reports on these Companies
Other Reports from Morningstar

ResearchPool Subscriptions

Get the most out of your insights

Get in touch