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Compañia de Minas Buenaventura S.A.A. ( Buenaventura or the Company ) (NYSE:BVN, Lima Stock Exchange: BUE.LM)), Peru s largest publicly-traded precious metals mining company, today announced results for the first quarter (1Q21) ended March 31, 2021. All figures have been prepared in accordance with IFRS (International Financial Reporting Standards) on a non-GAAP basis and are stated in U.S. dollars (US$).
First Quarter 2021 Highlights:
EBITDA from direct operations reached US$ 38.2 million in 1Q21, compared to negative US$ 6.7 million reported in 1Q20.
1Q21 Adjusted EBITDA including associated companies reached US$ 182.9 million, compared to US$ 30.1 million in 1Q20.
1Q21 net income of US$ 16.4 million, compared to a net loss of US$ 68.6 million for the same period in 2020.
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