Quarterly ResultApr 30, 2026, 06:17 AM
BVN Q1 Net Income +139% to $335.4M; EBITDA +206%; Gold Prod +8%
AI Summary
BUENAVENTURA MINING CO INC (BVN) announced strong first quarter 2026 results, with net income attributable to owners of the parent increasing by 139% to $335.4 million. EBITDA from direct operations surged by 206% to $386.3 million, and total revenues more than doubled to $624.6 million. The positive performance was primarily driven by an 8% increase in gold production due to the San Gabriel ramp-up, alongside higher silver, lead, and zinc output.
Key Highlights
- BVN Q1 2026 Net Income $335.4M, up 139% YoY.
- EBITDA from direct operations $386.3M, up 206% YoY.
- Total Revenues $624.6M, up 103% YoY.
- Gold production increased by 8% YoY, driven by San Gabriel ramp-up.
- Consolidated silver production increased by 6% YoY.
- Lead and zinc production increased by 20% and 27% YoY, respectively.
- Capital expenditures for San Gabriel totaled $49.2M.
- Cash position $759.9M with net cash position of -$51.9M.