FY2024 Earnings Estimate for B2Gold Corp. Issued By National Bank Financial (NYSEAMERICAN:BTG)

B2Gold Corp. (NYSEAMERICAN:BTGGet Rating) (TSE:BTO) – Research analysts at National Bank Financial issued their FY2024 earnings per share estimates for B2Gold in a research report issued on Thursday, April 7th. National Bank Financial analyst D. Demarco expects that the basic materials company will post earnings of $0.31 per share for the year.

B2Gold (NYSEAMERICAN:BTGGet Rating) (TSE:BTO) last released its earnings results on Monday, February 21st. The basic materials company reported $0.11 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.11. B2Gold had a net margin of 26.32% and a return on equity of 15.30%.

A number of other equities research analysts have also commented on BTG. BMO Capital Markets decreased their price objective on shares of B2Gold from C$8.00 to C$7.00 in a report on Thursday, January 20th. Scotiabank reduced their target price on shares of B2Gold from C$9.00 to C$8.00 in a research note on Tuesday, January 11th. Raymond James reduced their target price on shares of B2Gold from $6.00 to $5.50 and set an “outperform” rating on the stock in a research note on Tuesday, March 22nd. Stifel Nicolaus reduced their price objective on shares of B2Gold from C$9.50 to C$9.00 in a research note on Thursday, January 20th. Finally, Canaccord Genuity Group lowered their price objective on shares of B2Gold from C$8.50 to C$8.00 in a research report on Thursday, January 27th. Two equities research analysts have rated the stock with a sell rating, one has given a hold rating and eight have assigned a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of $7.11.

Shares of B2Gold stock opened at $4.76 on Monday. B2Gold has a 12-month low of $3.30 and a 12-month high of $5.37. The company has a quick ratio of 3.54, a current ratio of 4.89 and a debt-to-equity ratio of 0.02. The stock has a market cap of $5.03 billion, a P/E ratio of 11.07 and a beta of 1.01.

The business also recently declared a quarterly dividend, which was paid on Thursday, March 17th. Stockholders of record on Wednesday, March 9th were given a $0.04 dividend. This represents a $0.16 annualized dividend and a dividend yield of 3.36%. The ex-dividend date of this dividend was Tuesday, March 8th. B2Gold’s dividend payout ratio is presently 37.21%.

Several institutional investors have recently added to or reduced their stakes in BTG. Nordea Investment Management AB bought a new position in shares of B2Gold during the 1st quarter valued at approximately $7,326,000. Privium Fund Management UK Ltd acquired a new stake in B2Gold during the fourth quarter worth about $101,000. Norges Bank purchased a new stake in shares of B2Gold in the fourth quarter valued at approximately $45,659,000. JustInvest LLC increased its position in shares of B2Gold by 99.8% in the fourth quarter. JustInvest LLC now owns 29,362 shares of the basic materials company’s stock valued at $115,000 after buying an additional 14,663 shares in the last quarter. Finally, Vident Investment Advisory LLC increased its position in shares of B2Gold by 30.2% during the fourth quarter. Vident Investment Advisory LLC now owns 95,513 shares of the basic materials company’s stock worth $377,000 after purchasing an additional 22,147 shares in the last quarter. Institutional investors and hedge funds own 52.70% of the company’s stock.

B2Gold Company Profile (Get Rating)

B2Gold Corp. operates as a gold producer with three operating mines in Mali, the Philippines, and Namibia. It operates the Fekola Mine in Mali, the Masbate Mine in the Philippines, and the Otjikoto Mine in Namibia. The company also has an 25% interest in the Calibre Mining Corp.; and approximately 19% interest in BeMetals Corp.

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Earnings History and Estimates for B2Gold (NYSEAMERICAN:BTG)

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