What is Scotiabank’s Estimate for B2Gold FY2025 Earnings?

B2Gold Corp. (NYSE:BTG) – Equities researchers at Scotiabank increased their FY2025 earnings per share estimates for shares of B2Gold in a report released on Tuesday, October 28th. Scotiabank analyst O. Habib now expects that the company will earn $0.50 per share for the year, up from their previous forecast of $0.47. Scotiabank currently has a “Sector Perform” rating on the stock. The consensus estimate for B2Gold’s current full-year earnings is $0.40 per share. Scotiabank also issued estimates for B2Gold’s FY2026 earnings at $0.52 EPS.

BTG has been the topic of a number of other reports. CIBC raised their price target on shares of B2Gold from $4.50 to $6.50 and gave the company a “neutral” rating in a research note on Friday, October 10th. Zacks Research cut B2Gold from a “strong-buy” rating to a “hold” rating in a report on Wednesday, August 13th. Raymond James Financial raised their target price on B2Gold from $4.75 to $6.00 and gave the company an “outperform” rating in a research report on Friday, October 10th. Finally, National Bankshares reiterated an “outperform” rating on shares of B2Gold in a research report on Wednesday, July 16th. Two analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, B2Gold has a consensus rating of “Hold” and an average price target of $6.25.

B2Gold Stock Performance

BTG opened at $4.39 on Friday. 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 52-week low of $2.20 and a 52-week high of $5.94. The company has a market cap of $5.81 billion, a price-to-earnings ratio of -9.15, a PEG ratio of 0.33 and a beta of 0.45. The company has a quick ratio of 1.08, a current ratio of 1.83 and a debt-to-equity ratio of 0.07.

B2Gold (NYSE:BTG) last released its quarterly earnings results on Thursday, August 7th. The company reported $0.12 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.01). B2Gold had a negative net margin of 33.12% and a positive return on equity of 5.65%. The business’s revenue for the quarter was up 40.5% on a year-over-year basis. During the same quarter last year, the firm posted $0.06 earnings per share.

B2Gold Announces Dividend

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

Hedge Funds Weigh In On B2Gold

Institutional investors have recently added to or reduced their stakes in the stock. Sumitomo Mitsui Trust Group Inc. purchased a new position in shares of B2Gold during the 1st quarter worth $278,000. Euro Pacific Asset Management LLC grew its holdings in shares of B2Gold by 19.3% in the second quarter. Euro Pacific Asset Management LLC now owns 6,953,735 shares of the company’s stock valued at $25,105,000 after purchasing an additional 1,124,681 shares during the period. Cambridge Investment Research Advisors Inc. increased its position in B2Gold by 58.0% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 188,530 shares of the company’s stock worth $536,000 after purchasing an additional 69,177 shares during the last quarter. Easterly Investment Partners LLC increased its position in B2Gold by 23.5% during the second quarter. Easterly Investment Partners LLC now owns 2,711,117 shares of the company’s stock worth $9,787,000 after purchasing an additional 515,507 shares during the last quarter. Finally, TD Asset Management Inc raised its stake in B2Gold by 3.2% during the second quarter. TD Asset Management Inc now owns 4,132,822 shares of the company’s stock worth $14,902,000 after purchasing an additional 129,874 shares during the period. Hedge funds and other institutional investors own 61.40% of the company’s stock.

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.