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Rank #11 · NYSE:BVN
Mid-Tier Producer · Primary: Gold · Also: Silver
Peru · Jurisdictions: Peru
Canonical listing price
$32.46
+3.28%(+1.03 USD)
Updated 10/9/2026, 1:30:00 PM
Price data: Twelve Data
Gold · Mid-Tier Producer
vs Gold
1M -0.2 pp·3M +13.8 pp
vs GDX
1M +2.9 pp·3M -12.8 pp
1M vs Gold Miners group: +3.0 pp
Jurisdiction: Peru · Market cap rank-only (licensing)
Close-based returns and relative performance in percentage points vs mapped metal/ETF. Not a buy/sell signal or price target.
Next report
Reporting calendar →FY2025 · Expected window 2028-04-17 → 2028-05-13
Expected window 2028-04-17 → 2028-05-13 (FY2025).
Valuation
Current market multiples relative to reported TTM financials. Peer context uses the Mining 50 Gold · Mid-Tier Producer group. Not fair value, price targets, or investment advice.
Historical Valuation
Point-in-time multiples at annual filing dates using prices and financials publicly available as of each date. Percentiles and medians use available history only — descriptive context, not fair value or investment advice.
P/FCF
Available history range: 24.2x — 24.2x · current 55.7x
EV/FCF
Available history range: 22.8x — 22.8x · current 54.4x
Historical chart
Each point is a filing-date snapshot — not a continuous daily valuation series.
Filing-date periodic snapshots · 5 observations · price source: Twelve Data
MINING50-HISTORICAL-VALUATION-1.0 · filing-date periodic
Balance Sheet & Capital Allocation
Annual FY trends from certified filing data. Descriptive direction and magnitude only — not a quality score or investment recommendation.
Cash
$478.44M
+$258.64M YoY (+117.7%)
Debt
$271.38M
$-1.19M YoY (-0.4%)
Net Debt
Net Cash: $97.82M
Moved from $58.02M net debt to $97.82M net cash.
Share Count
253.7M
0 shares YoY (0.0%)
Capex / Revenue
29.1%
Prior year: 28.9%
FCF Conversion
30.5%
Prior year: -5.1%
FCF (FY)
$148.32M
+$159.95M YoY (+1374.5%)
Cash Build
Cash increased $258.64M (+117.7%) versus the prior year.
2023-12-31 → 2024-12-31
Higher Capex
Capital expenditures increased from $238.67M to $337.74M.
2023-12-31 → 2024-12-31
Operating Performance
Annual FY revenue, cash flow, capex, and margins from certified filing data. Descriptive trends only — not a quality score or investment recommendation.
Revenue
$1.16B
+$334.35M YoY (+40.4%)
Operating Cash Flow
$486.06M
+$259.03M YoY (+114.1%)
Free Cash Flow
$148.32M
Free cash flow moved from $-11.64M to $148.32M.
Capex
$337.74M
+$99.07M YoY (+41.5%)
3-year revenue change: +20.8% over 3 years
OCF Margin
41.9%
Prior year: 27.5%
Change: +14.4 pp
FCF Margin
12.8%
Prior year: -1.4%
Change: +14.2 pp
Capex / Revenue
29.1%
Prior year: 28.9%
Revenue Increase
Revenue increased 40.4% versus the prior comparable period.
2023-12-31 → 2024-12-31
Operating Cash Flow Increase
Operating cash flow increased $259.03M (+114.1%) versus the prior comparable period.
2023-12-31 → 2024-12-31
Free Cash Flow Turned Positive
Free cash flow moved from $-11.64M to $148.32M.
2023-12-31 → 2024-12-31
Higher Capital Spending
Capital expenditures increased from $238.67M to $337.74M.
2023-12-31 → 2024-12-31
OCF Margin Increase
Operating cash flow margin moved from 27.5% to 41.9% (+14.4 pp).
2023-12-31 → 2024-12-31
Fundamental Changes
Deterministic changes from certified financial metrics. Descriptive only — not a quality score or investment recommendation.
Latest filing period: 2 material changes · 19 operating · 3 balance-sheet · 4 capital-allocation
FY2025 · Filed Apr 30, 2026
P/FCF Multiple Expanded
P/FCF moved from 24.2x to 55.7x.
EV/FCF Multiple Expanded
EV/FCF moved from 22.8x to 54.4x.
FY2024 · Filed Apr 30, 2025
Cash Build
Cash increased $258.64M (+117.7%) versus the prior year.
Official filing sourceRevenue Increase
Revenue increased 40.4% versus the prior comparable period.
Official filing sourceOperating Cash Flow Increase
Operating cash flow increased $259.03M (+114.1%) versus the prior comparable period.
Official filing sourceFree Cash Flow Turned Positive
Free cash flow moved from $-11.64M to $148.32M.
Official filing sourceOCF Margin Increase
Operating cash flow margin moved from 27.5% to 41.9% (+14.4 pp).
Official filing sourceFCF Margin Increase
Free cash flow margin moved from -1.4% to 12.8% (+14.2 pp).
Official filing sourceModules: mtf-trend, momentum, relative-strength · Last calculated: 10/12/2026, 10:41:36 AM
Price data provided by Twelve Data. Charts provided by TradingView. Grey Rabbit Scores and analysis are proprietary to Grey Rabbit Markets.
Gold · Mid-Tier Producer · factual only
| Company | Market Cap | Production | AISC | Net Debt / Cash |
|---|---|---|---|---|
| Compañía de Minas Buenaventura S.A.A.(BVN) | $8.24B | 174.9 koz | — | $179.80M |
| Alamos Gold Inc.(AGI) | — | 610.0 koz | $1,524/oz | $423.00M |
| Aris Mining Corporation(ARIS) | — | 325.0 koz | $1,705/oz | $127.59M |
| B2Gold Corp.(BTG) | — | 895.0 koz | $1,584/oz | $217.90M |
| Centerra Gold Inc.(CGAU) | — | 265.0 koz | $1,614/oz | $529.00M |
| DRDGOLD Limited(DRD) | — | 145.0 koz | $1,716/oz | $72.00M |
| Eldorado Gold Corporation(EGO) | — | 540.0 koz | $1,664/oz | $405.70M |
Sorted by market cap then name — not a ranking. Comparable curated fields only.
Multi-period filing history is available on Pro. Latest TTM P&L above is public.
Derived: eligible price × ADR-aware shares · Compañía de Minas Buenaventura S.A.A. · Derived: Debt − Cash · Through 2026-02-17 · Coverage 6/8 key fields · not live filing scrape · Filing-backed TTM P&L from SEC companyfacts (cached — not live scrape)
Periods: YE 2025 (WAVG basic disclosed; period-end confirm pending 20-F note) · YE 2025 · FY 2026 Guidance (incl. associates) · YE 2025 Form 20-F selected P&P (summary table basis) · 2024-12-31
MINING50-MARKETCAP-1.0 · MINING50-NETDEBT-1.0 · MINING50-TTM-1.0 · MINING50-FCF-1.0 · MINING50-FCF-MARGIN-1.0
Grey Rabbit Markets provides independent market research and educational content. Nothing on this website constitutes investment, legal, tax, or financial advice. Past performance does not guarantee future results.