Cormark Has Pessimistic Outlook of B2Gold Q3 Earnings

B2Gold Corp. (NYSE:BTG) – Investment analysts at Cormark cut their Q3 2025 earnings estimates for B2Gold in a report issued on Wednesday, October 29th. Cormark analyst R. Gray now expects that the company will post earnings of $0.13 per share for the quarter, down from their previous forecast of $0.17. The consensus estimate for B2Gold’s current full-year earnings is $0.40 per share.

A number of other brokerages have also recently commented on BTG. Zacks Research cut shares of B2Gold from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, August 13th. Raymond James Financial upped their price target on shares of B2Gold from $4.75 to $6.00 and gave the company an “outperform” rating in a research report on Friday, October 10th. Scotiabank reaffirmed a “sector perform” rating on shares of B2Gold in a research report on Thursday, October 23rd. CIBC upped their price target on shares of B2Gold from $4.50 to $6.50 and gave the company a “neutral” rating in a research report on Friday, October 10th. Finally, National Bankshares reissued an “outperform” rating on shares of B2Gold in a research report on Wednesday, July 16th. Two research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $6.25.

B2Gold Stock Performance

Shares of BTG opened at $4.39 on Friday. 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 stock has a market capitalization of $5.81 billion, a P/E ratio of -9.15, a price-to-earnings-growth ratio of 0.33 and a beta of 0.45. The firm’s fifty day simple moving average is $4.76 and its two-hundred day simple moving average is $3.91. B2Gold has a 12 month low of $2.20 and a 12 month high of $5.94.

B2Gold (NYSE:BTG) last issued its quarterly earnings data on Thursday, August 7th. The company reported $0.12 earnings per share for the quarter, missing the consensus estimate of $0.13 by ($0.01). B2Gold had a positive return on equity of 5.65% and a negative net margin of 33.12%.During the same quarter in the prior year, the firm posted $0.06 earnings per share. The firm’s revenue was up 40.5% compared to the same quarter last year.

B2Gold Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 23rd. Investors of record on Wednesday, September 10th were issued a $0.02 dividend. This represents a $0.08 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date was Wednesday, September 10th. B2Gold’s dividend payout ratio is currently -22.86%.

Institutional Investors Weigh In On B2Gold

Institutional investors and hedge funds have recently made changes to their positions in the business. Independent Wealth Network Inc. acquired a new stake in shares of B2Gold in the 1st quarter worth about $28,000. Steward Partners Investment Advisory LLC raised its holdings in shares of B2Gold by 875.0% in the 2nd quarter. Steward Partners Investment Advisory LLC now owns 9,750 shares of the company’s stock worth $35,000 after acquiring an additional 8,750 shares during the last quarter. International Assets Investment Management LLC purchased a new stake in B2Gold in the 2nd quarter valued at about $36,000. OMERS ADMINISTRATION Corp purchased a new stake in B2Gold in the 1st quarter valued at about $38,000. Finally, Sagard Holdings Management Inc. purchased a new stake in B2Gold in the 2nd quarter valued at about $39,000. Institutional investors and hedge funds own 61.40% of the company’s stock.

About B2Gold

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.