Cormark Analysts Boost Earnings Estimates for B2Gold

B2Gold Corp. (NYSE:BTGFree Report) – Equities researchers at Cormark increased their Q2 2025 EPS estimates for B2Gold in a report issued on Tuesday, July 15th. Cormark analyst R. Gray now expects that the company will post earnings of $0.13 per share for the quarter, up from their prior estimate of $0.10. Cormark currently has a “Moderate Buy” rating on the stock. The consensus estimate for B2Gold’s current full-year earnings is $0.40 per share. Cormark also issued estimates for B2Gold’s FY2025 earnings at $0.57 EPS.

Other analysts have also issued research reports about the company. Scotiabank raised B2Gold from a “hold” rating to a “strong-buy” rating in a research note on Monday, April 14th. Raymond James Financial upgraded shares of B2Gold to a “moderate buy” rating and set a $4.50 price objective for the company in a report on Monday, June 30th. Wall Street Zen raised shares of B2Gold from a “hold” rating to a “buy” rating in a research note on Thursday, May 8th. National Bankshares reiterated an “outperform” rating on shares of B2Gold in a research report on Wednesday. Finally, CIBC reissued a “neutral” rating and issued a $4.00 price target (up from $3.60) on shares of B2Gold in a research note on Tuesday. One research analyst has rated the stock with a sell rating, four have assigned a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average target price of $4.31.

Read Our Latest Stock Analysis on BTG

B2Gold Price Performance

Shares of BTG stock opened at $3.45 on Wednesday. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.08 and a current ratio of 1.83. B2Gold has a fifty-two week low of $2.20 and a fifty-two week high of $3.83. The firm has a market cap of $4.56 billion, a P/E ratio of -7.19, a P/E/G ratio of 0.33 and a beta of 0.45. The business’s 50 day moving average price is $3.47 and its 200-day moving average price is $3.02.

B2Gold (NYSE:BTGGet Free Report) last announced its quarterly earnings results on Wednesday, May 7th. The company reported $0.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.08 by $0.01. B2Gold had a positive return on equity of 5.65% and a negative net margin of 33.12%. The business’s revenue for the quarter was up 15.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.06 EPS.

B2Gold Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 24th. Stockholders of record on Wednesday, June 11th were given a $0.02 dividend. This represents a $0.08 dividend on an annualized basis and a dividend yield of 2.32%. The ex-dividend date was Wednesday, June 11th. B2Gold’s dividend payout ratio is presently -17.02%.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of BTG. Alliancebernstein L.P. grew its holdings in B2Gold by 20.4% in the fourth quarter. Alliancebernstein L.P. now owns 163,503 shares of the company’s stock worth $399,000 after purchasing an additional 27,720 shares during the period. Sumitomo Mitsui Trust Group Inc. purchased a new position in shares of B2Gold during the first quarter valued at approximately $278,000. Tidal Investments LLC bought a new stake in shares of B2Gold in the 4th quarter worth approximately $183,000. Cambridge Investment Research Advisors Inc. grew its stake in shares of B2Gold by 58.0% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 188,530 shares of the company’s stock worth $536,000 after buying an additional 69,177 shares during the last quarter. Finally, Vanguard Group Inc. grew its stake in shares of B2Gold by 2.2% in the 4th quarter. Vanguard Group Inc. now owns 53,010,477 shares of the company’s stock worth $129,823,000 after buying an additional 1,165,204 shares during the last quarter. 61.40% of the stock is currently owned by institutional investors.

About B2Gold

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B2Gold Corp. operates as a gold producer company. It operates the Fekola Mine in Mali, the Masbate Mine in the Philippines, and the Otjikoto Mine in Namibia. The company also has an 100% interest in the Gramalote gold project in Colombia; 24% interest in the Calibre Mining Corp.; and approximately 19% interest in BeMetals Corp.

Further Reading

Earnings History and Estimates for B2Gold (NYSE:BTG)

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