Stocks our strategists feel are poised to deliver positive returns are featured now in their top stock picks of the week. Welcome to Zach's top stock picks of the week. I'm Tracy Reinick and I'm going solo this week with two of our top stock picks.Both are Zach's number one ranked buys. That means they are strong buys, the highest rank you can have here at Sachs. Now remember the Zach rank is a one to threemonth recommendation.It can change daily as it's based on analyst earnings estimates when they revise ...

Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, with the expectation that established trends will continue [1][2]. Company Overview: Buenaventura (BVN) - Buenaventura currently holds a Momentum Style Score of A, indicating strong momentum potential [3]. - The company has a Zacks Rank of 1 (Strong Buy), which historically outperforms the market when combined with a Style Score of A or B [4]. Performance Metrics - Over the past week, BVN shares increased by 7.65%, while the Zacks Mining - Silver industry rose by 25.01% [6]. - In a longer timeframe, BVN's monthly price change is 15.06%, compared to the industry's 26.56% [6]. - Over the last quarter, BVN shares have risen by 25.97%, and over the past year, they have increased by 109.29%, significantly outperforming the S&P 500's gains of 5.76% and 14.27%, respectively [7]. Trading Volume - BVN's average 20-day trading volume is 1,332,001 shares, which serves as a bullish indicator when combined with rising stock prices [8]. Earnings Outlook - Recent earnings estimate revisions for BVN show positive momentum, with two estimates moving higher for the full year, raising the consensus estimate from $1.66 to $1.90 [10]. - For the next fiscal year, two estimates have also increased, with no downward revisions noted [10]. Conclusion - Given the strong performance metrics and positive earnings outlook, BVN is positioned as a solid momentum pick and should be considered for near-term investment opportunities [12].

Here are two stocks with buy rank and strong momentum characteristics for investors to consider today, Dec. 2: Compania de Minas Buenaventura S.A.A. (BVN) : This polymetallic mining company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 7.8% over the last 60 days. Compania de Minas Buenaventura’s shares gained 27.2% over the last three months compared with the S&P 500’s decline of 6.9%. The company possesses a???Momentum Score??? of A. Kohl's Corporat ...

Here are three stocks with buy rank and strong income characteristics for investors to consider today, Dec. 2: Compania de Minas Buenaventura S.A.A. (BVN) : This polymetallic mining company has witnessed the Zacks Consensus Estimate for its current year earnings increasing 7.8% over the last 60 days. This Zacks Rank #1 company has a dividend yield of 1.7%, compared with the industry average of 0.2%.Centerra Gold Inc. (CGAU) : This gold and copper mining company has witnessed the Zacks Consensus Estimate for ...

Group 1 - The presentation highlights Buenaventura's progress in implementing its strategy and the strong financial foundations that support its long-term vision [1] - The company is focused on unlocking the full potential of its flagship projects and advancing its exploration and project pipeline [1] - The presentation will be led by key executives including the CEO, CFO, and Vice President of Operations, with the Chairman also available for questions [3] Group 2 - The session includes a Q&A segment after the presentation, allowing both in-person and webcast participants to submit questions [2][3] - Forward-looking statements will be made based on management's current views and assumptions, with a caution against placing undue reliance on these statements [2]

Summary of Compañía de Minas Buenaventura (NYSE:BVN) 2025 Investor Day Company Overview - **Company**: Compañía de Minas Buenaventura - **Event**: 2025 Investor Day held on November 18, 2025 - **Key Speakers**: Leandro García (CEO), Daniel Dominguez (CFO), Juan Carlos Ortiz (VP of Operations), Roque Benavides (Chairman) Industry Insights - **Mining Sector**: Focus on gold, silver, and copper production - **Market Position**: Currently ranked 81st in market capitalization, with aspirations to reach the top 50 in 15 years - **Production Goals**: - Gold: From current 120,000-130,000 ounces to 200,000-220,000 ounces per year - Silver: From current levels to 20-22 million ounces per year - Copper: From current levels to 120,000-130,000 tons per year Core Strategies and Financial Performance - **Revenue Mix**: 50% base metals and 50% precious metals, targeting a minimum EBITDA margin of 30% [5][6] - **Financial Strength**: Current leverage ratio at 0.45, down from 6 times EBITDA five years ago [9] - **Investment Grade**: Aiming to regain investment grade status and participate in new mining standards [5] Production and Operational Highlights - **Flagship Projects**: - **Cerro Verde**: Partnership with Freeport-McMoRan - **Uchucua and Yumpac**: Silver complex - **Brocal**: Copper mine - **San Gabriel**: Expected to start production in December 2025 [3][6] - **Production Forecast**: - Gold production expected to reach 75,000-80,000 ounces in 2026, increasing to over 100,000 ounces in subsequent years [28] - Copper production at El Brocal projected to reach 60,000 tons per year by 2029 [34] Cost Management and Efficiency - **Cost Reduction Initiatives**: - San Gabriel cash costs projected to decrease from $2,000 to $1,500-$1,400 per ounce as production ramps up [52] - El Brocal cash costs expected to reduce from $6,000 to $5,000 per ton [53] - Uchucua cash costs projected to decrease from $12 to $9-$10 per ounce [53] - Coimolache costs expected to drop from $1,400 to $1,100 per ounce [54] Environmental, Social, and Governance (ESG) Practices - **Local Employment**: 64% of employees are from local communities [14] - **Safety Record**: Zero fatal accidents reported this year [15] - **Renewable Energy**: 100% of energy sourced from renewable sources [16] - **Community Investment**: $240 million spent annually on local services and goods [15] Political and Economic Context - **Political Landscape**: Upcoming elections in Peru may bring discussions on nationalization and tax changes, but the current political context is more stable compared to 2021 [18][19] - **Macroeconomic Fundamentals**: Strong central bank and positive performance of the Peruvian sol [19] Future Outlook - **Cash Flow Projections**: Expected positive free cash flow starting in 2026, with projections of $150 million in 2026 and $400 million in 2027 [56][57] - **Capital Expenditures**: Estimated at $400 million for 2025, with a focus on San Gabriel construction and sustaining CapEx for other projects [55] - **Dividend Expectations**: Anticipated dividends from Cerro Verde of $150 million-$170 million annually [56] Conclusion - **Strategic Focus**: Buenaventura is committed to operational stability, strategic expansion, and maintaining a strong financial position while enhancing production capabilities across its flagship projects [58][59]

Group 1 - The article does not provide any specific content or key points related to a company or industry [1]

Financial Data and Key Metrics Changes - Copper production in Q3 2025 reached 12,800 tons, down 24% year-on-year, primarily due to processing of ore stockpiled during the previous year's suspension [5] - Silver production was 4.3 million ounces, a 3% decrease from 4.4 million ounces in the same period last year, attributed to lower output at Uchuchaco and Yumpac [6] - Gold production totaled 30,894 ounces, down 21% year-on-year, mainly due to reduced output at Orcompampa and Tambomayo [6] - EBITDA from direct operations was $202.1 million, a 48% increase compared to $136.5 million in Q3 2024 [6] - Net income for the quarter was $167.1 million, down from $236.9 million in Q3 2024, which included $157.3 million from the sale of Chaupilón [6] - The company ended the quarter with a cash position of $486 million and total debt of $711 million, resulting in a leverage ratio of 0.41 times [7] Business Line Data and Key Metrics Changes - CAPEX for the San Gabriel project in Q3 2025 was $92 million, aimed at completing the processing plant for commercial production in Q4 2025 [7][9] - San Gabriel's overall progress reached 96% completion, with construction at 95% complete [10][12] - Coimolache received a new operating permit, allowing full capacity production, with expectations to produce over 8,000 ounces of gold next year [11] Market Data and Key Metrics Changes - The company is on track to begin production at San Gabriel in Q4 2025, pending timely approval of necessary permits [10] - The operational ramp-up at San Gabriel is expected to start in January, with projected production of 70,000 to 90,000 ounces of gold next year [23] Company Strategy and Development Direction - The company is focused on stable and continuous production at flagship operations while prioritizing cost efficiency [11] - Strong cash flow generation and a solid balance sheet enable the company to return value to shareholders and resume its dividend policy [11] Management Comments on Operating Environment and Future Outlook - Management expressed confidence in obtaining final permits for San Gabriel and anticipates producing the first gold bar by the end of the year [15][17] - The company expects to reach break-even by the second quarter of next year, even if not operating at full capacity [25] Other Important Information - The Board of Directors approved a dividend payment of $0.1446 per ADS [7] Q&A Session Summary Question: What is still pending for San Gabriel regarding permits and government approvals? - Management is confident that all necessary permits will be granted, with production of two bars expected by the end of the year [15] Question: What is the timeline for the commissioning process and production ramp-up at San Gabriel? - The power line construction is complete, and commissioning will take about two months, with the first gold bar expected by mid-December [21][23] Question: When does management expect San Gabriel to be EBITDA neutral? - Management anticipates reaching break-even by the first or second quarter of next year, even with initial high-grade production [25]

Financial Performance - EBITDA increased by 48% from US$136.5 million in 3Q24 to US$202.1 million in 3Q25[4] - Net income decreased by 29% from US$236.9 million in 3Q24 to US$167.1 million in 3Q25, noting that 3Q24 net income included US$157.3 million from the sale of Chaupiloma[5] - The company's cash position is US$486 million, with a debt of US$711 million[5] - The leverage ratio decreased from 2.44x in 3Q24 to 2.17x in 3Q25[5] Production - Silver production increased by 3% from 4.3 million ounces (MOz) in 3Q24 to 4.4 million ounces (MOz) in 3Q25[4] - Gold production decreased by 21% from 38.9 thousand ounces (kOz) in 3Q24 to 30.9 thousand ounces (kOz) in 3Q25[4] - Copper production decreased by 24% from 16.9 thousand tons (kton) in 3Q24 to 12.8 thousand tons (kton) in 3Q25[4] Project Development - San Gabriel project has reached 96% total progress, with construction 95% complete, and commissioning at 65%[6, 17] - 3Q25 CAPEX related to San Gabriel was US$92 million, with a total cumulative CAPEX of US$681 million[6, 17] - The company anticipates the first gold bar from San Gabriel in 4Q25[16, 25] Other Key Points - A dividend payment of US$0.1446 per share/ADS has been approved by Buenaventura's Board of Directors[6] - Coimolache received a permit for full-capacity operations at its mine and leach pad, which is expected to lead to higher cash flow in the coming quarters[6, 24]

Core Insights - Compañia de Minas Buenaventura S.A.A. is Peru's largest publicly-traded precious metals mining company, and it announced its financial results for the third quarter and nine-month period ended September 30, 2025 [1] Financial Performance - The financial results have been prepared in accordance with IFRS on a non-GAAP basis and are stated in U.S. dollars [1]