National Bank Financial Weighs in on B2Gold FY2025 Earnings

B2Gold Corp. (NYSE:BTG) – Stock analysts at National Bank Financial boosted their FY2025 earnings estimates for B2Gold in a research note issued to investors on Tuesday, July 15th. National Bank Financial analyst D. Demarco now expects that the company will earn $0.78 per share for the year, up from their prior estimate of $0.56. The consensus estimate for B2Gold’s current full-year earnings is $0.40 per share. National Bank Financial also issued estimates for B2Gold’s FY2026 earnings at $0.83 EPS.

A number of other equities research analysts also recently weighed in on BTG. CIBC reaffirmed a “neutral” rating and issued a $4.00 target price (up from $3.60) on shares of B2Gold in a research note on Tuesday. Cormark raised shares of B2Gold from a “hold” rating to a “moderate buy” rating in a research note on Tuesday, April 22nd. Raymond James Financial raised shares of B2Gold to a “moderate buy” rating and set a $4.50 target price on the stock in a research note 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. Finally, Scotiabank raised shares of B2Gold from a “hold” rating to a “strong-buy” rating in a research note on Monday, April 14th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating, three have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, B2Gold has an average rating of “Hold” and an average price target of $4.31.

B2Gold Trading Down 2.3%

Shares of B2Gold stock opened at $3.33 on Friday. B2Gold has a 12-month low of $2.20 and a 12-month high of $3.83. The company has a market cap of $4.41 billion, a price-to-earnings ratio of -6.94, a PEG ratio of 0.33 and a beta of 0.45. The company has a current ratio of 1.83, a quick ratio of 1.08 and a debt-to-equity ratio of 0.07. The company’s 50-day moving average price is $3.47 and its 200-day moving average price is $3.03.

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

B2Gold Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 24th. Shareholders of record on Wednesday, June 11th were given a dividend of $0.02 per share. This represents a $0.08 dividend on an annualized basis and a yield of 2.40%. The ex-dividend date of this dividend was Wednesday, June 11th. B2Gold’s payout ratio is currently -17.02%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of BTG. Bank of New York Mellon Corp grew its position in B2Gold by 146.3% during the fourth quarter. Bank of New York Mellon Corp now owns 546,256 shares of the company’s stock valued at $1,333,000 after acquiring an additional 324,491 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in shares of B2Gold by 7.5% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 330,004 shares of the company’s stock worth $808,000 after purchasing an additional 23,073 shares during the last quarter. HighTower Advisors LLC grew its holdings in shares of B2Gold by 45.4% in the fourth quarter. HighTower Advisors LLC now owns 16,933 shares of the company’s stock worth $41,000 after purchasing an additional 5,288 shares during the last quarter. Swiss National Bank grew its holdings in shares of B2Gold by 0.6% in the fourth quarter. Swiss National Bank now owns 2,586,023 shares of the company’s stock worth $6,330,000 after purchasing an additional 15,600 shares during the last quarter. Finally, Corient Private Wealth LLC grew its holdings in shares of B2Gold by 33.9% in the fourth quarter. Corient Private Wealth LLC now owns 84,642 shares of the company’s stock worth $207,000 after purchasing an additional 21,439 shares during the last quarter. 61.40% of the stock is currently owned by institutional investors.

B2Gold Company Profile

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.