Company Profile For Volcan Compania Minera S.A.A.

Volcan Compania Minera S.A.A. (VOL_pb.LM) (Lima Stock Exchange)

sector: Basic Materials · industry: Mining & Metals - Specialty ·

As of 25 Nov 2009

3.67PEN

Price Change

-0.04

Percent Change

-1.08%

Analyst Recommendations

Overview

Volcan Compania Minera SAA (Volcan) is a Peru-based mining company active in the extraction, treatment and sale of zinc, copper, lead and silver concentrates. The Company’s operations are mainly established in the departments of Pasco and Junin and its activities include the management and exploitation of the Yauli, Cerro de Pasco and Animon mining units, as well as the operation and exploration of the Vinchos and Vichaycocha mines. Through its wholly owned subsidiary Minera Aurifera Toruna SAC, the Company is involved in the extraction and exploitation of gold. The Company also owns such subsidiaries as Empresa Administradora Chungar SAC, Empresa Explotadora de Vinchos Ltda SAC, Empresa Minera Paragsha SAC, Compania Minera El Pilar SAC, Compania Minera Alpamarca SAC, Shalca Compania Minera SAC and Compania Minera Huascaran SAC.

Quick Financial Synopsis

BRIEF: For the nine months ended 30 September 2009, Volcan Compania Minera SAA's total revenue decreased 19% to $435.4M. Net income for the period decreased 28% to $109.2M. Total revenue reflects lower earnings from the Company's products and minerals sold. Net income for the period suffered from considerably lower financial and other operating income, despite decreased selling, finacial and other operating expense.