Buenaventura jumps after Q1 profit surge, San Gabriel ramp lifts output
BVN•Compania de Minas Buenaventura shares rose after the company reported a sharp year-over-year jump in first-quarter results, including EBITDA from direct operations of $386.3 million and net income of $355.2 million. Management highlighted higher gold and silver output driven by the San Gabriel ramp-up and stronger production at several mines ahead of today’s earnings call.
1. What’s moving the stock
Compania de Minas Buenaventura (BVN) is trading higher as investors digest its first-quarter 2026 results released after the April 29 close and position for the company’s earnings conference call on April 30. The quarter featured a major year-over-year step-up in profitability and cash generation metrics, with management pointing to higher production volumes—especially from the San Gabriel ramp-up—and stronger output across key operations.
