Cormark Has Optimistic Outlook of B2Gold FY2025 Earnings

B2Gold Corp. (NYSE:BTG) – Analysts at Cormark upped their FY2025 earnings estimates for B2Gold in a report released on Friday, November 7th. Cormark analyst R. Gray now anticipates that the company will post earnings of $0.62 per share for the year, up from their previous forecast of $0.58. Cormark currently has a “Hold” 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 Q4 2025 earnings at $0.26 EPS.

Several other equities research analysts have also weighed in on the company. Raymond James Financial lifted their price target on B2Gold from $4.75 to $6.00 and gave the company an “outperform” rating in a research report on Friday, October 10th. National Bankshares reissued an “outperform” rating on shares of B2Gold in a research report on Wednesday, July 16th. CIBC boosted their target price on shares of B2Gold from $4.50 to $6.50 and gave the company a “neutral” rating in a report on Friday, October 10th. Zacks Research downgraded shares of B2Gold from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, August 13th. Finally, Scotiabank reiterated a “sector perform” rating on shares of B2Gold in a research note on Thursday, October 23rd. Two analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $6.25.

B2Gold Stock Up 2.9%

BTG stock opened at $3.91 on Monday. B2Gold has a fifty-two week low of $2.20 and a fifty-two week high of $5.94. The company has a market capitalization of $5.20 billion, a price-to-earnings ratio of -8.15, a price-to-earnings-growth ratio of 0.33 and a beta of 0.44. The business’s 50 day moving average price is $4.76 and its two-hundred day moving average price is $3.95. 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 (NYSE:BTG) last issued its quarterly earnings data on Wednesday, November 5th. The company reported $0.14 EPS for the quarter, topping the consensus estimate 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 firm’s revenue for the quarter was up 74.7% on a year-over-year basis. During the same period last year, the firm earned $0.02 earnings per share.

B2Gold Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, December 15th. Stockholders of record on Tuesday, December 2nd will be paid a $0.02 dividend. This represents a $0.08 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date of this dividend is Tuesday, December 2nd. B2Gold’s dividend payout ratio is currently 57.14%.

Hedge Funds Weigh In On B2Gold

Several institutional investors and hedge funds have recently modified their holdings of the stock. Hussman Strategic Advisors Inc. raised its holdings in B2Gold by 70.0% in the second quarter. Hussman Strategic Advisors Inc. now owns 340,000 shares of the company’s stock worth $1,227,000 after buying an additional 140,000 shares during the last quarter. Euro Pacific Asset Management LLC increased its position in shares of B2Gold by 19.3% during 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 acquiring an additional 1,124,681 shares in the last quarter. TD Asset Management Inc increased its position in shares of B2Gold by 3.2% during the second quarter. TD Asset Management Inc now owns 4,132,822 shares of the company’s stock valued at $14,902,000 after acquiring an additional 129,874 shares in the last quarter. Easterly Investment Partners LLC raised its holdings in B2Gold by 23.5% in the 2nd quarter. Easterly Investment Partners LLC now owns 2,711,117 shares of the company’s stock worth $9,787,000 after acquiring an additional 515,507 shares during the last quarter. Finally, Amundi lifted its position in B2Gold by 33.3% in the 1st quarter. Amundi now owns 10,849,897 shares of the company’s stock valued at $31,682,000 after acquiring an additional 2,710,857 shares in 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.