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Buenaventura posts 1Q profit

LIMA, Peru (AP) _ Compania de Minas Buenaventura SAA (BVN) on Thursday reported first-quarter net income of $70.7 million.

On a per-share basis, the Lima, Peru-based company said it had net income of 28 cents. Earnings, adjusted to account for discontinued operations, came to 25 cents per share.

The miner posted revenue of $278.3 million in the period.

Buenaventura shares have risen nearly 3 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $11.60, an increase of 29 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BVN at https://www.zacks.com/ap/BVN


Keywords: Buenaventura, Earnings Report