B2Gold (NYSEAMERICAN:BTG) Shares Gap Down on Disappointing Earnings

B2Gold Corp (NYSEAMERICAN:BTG) (TSE:BTO) shares gapped down before the market opened on Thursday after the company announced weaker than expected quarterly earnings. The stock had previously closed at $5.38, but opened at $4.84. B2Gold shares last traded at $4.92, with a volume of 17,996,766 shares traded.

The basic materials company reported $0.11 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.22 by ($0.11). B2Gold had a return on equity of 18.61% and a net margin of 13.13%.The firm had revenue of $1.05 billion for the quarter, compared to analyst estimates of $1.15 billion. During the same period last year, the firm earned $0.01 EPS. The company’s quarterly revenue was up 110.9% compared to the same quarter last year.

B2Gold News Summary

Here are the key news stories impacting B2Gold this week:

• Positive Sentiment: B2Gold reported record 2025 annual revenue of over $3 billion and said it achieved 2025 production and cost guidance — evidence of operational momentum and cash generation. B2Gold Reports Q4 and Full Year 2025 Results & 2026 Guidance
• Positive Sentiment: The company set 2026 gold production guidance of 820,000–970,000 oz and declared a Q1 2026 dividend of US$0.02 per share — both supportive for revenue visibility and shareholder returns. B2Gold Reports Q4 and Full Year 2025 Results & 2026 Guidance
• Neutral Sentiment: Analyst coverage and commentary are parsing the quarter and outlook: some notes explore how the earnings miss affects forward estimates and valuation, while reminding investors of strong annual results and guidance. Exploring B2Gold’s Earnings Expectations
• Neutral Sentiment: Company materials, including the press release and conference call, provide the official detail on Q4 results, margins and 2026 guidance for investors wanting to dig into assumptions and cost profiles. B2Gold Q4 / FY2025 Press Release (PDF)
• Negative Sentiment: Q4 EPS of $0.11 missed consensus (~$0.22) and quarterly revenue of $1.05B missed analyst estimates (~$1.15B); the EPS/revenue miss is the primary catalyst for the selloff. B2Gold stock slides 10% after-hours as earnings miss dulls shine of record revenue
• Negative Sentiment: After the print, shares moved sharply lower in after‑hours trading (reports of ~9–10% falls), and intraday volume spiked — signaling short‑term selling pressure and position adjustments. B2Gold Corp. (BTG) Shares Are Trending Overnight – Here’s What You Should Know

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the company. Canadian Imperial Bank of Commerce reissued a “neutral” rating on shares of B2Gold in a research report on Wednesday, February 4th. Scotiabank reissued a “sector perform” rating on shares of B2Gold in a report on Monday, January 26th. Two research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, B2Gold presently has an average rating of “Hold”.

Institutional Investors Weigh In On B2Gold

A number of large investors have recently bought and sold shares of the business. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in B2Gold by 11.1% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 387,839 shares of the basic materials company’s stock valued at $1,749,000 after purchasing an additional 38,598 shares during the last quarter. TD Waterhouse Canada Inc. boosted its stake in B2Gold by 22.1% during the 4th quarter. TD Waterhouse Canada Inc. now owns 422,008 shares of the basic materials company’s stock worth $1,900,000 after acquiring an additional 76,384 shares during the last quarter. Ruffer LLP acquired a new position in B2Gold in the fourth quarter valued at about $2,054,000. Kingswood Wealth Advisors LLC acquired a new stake in shares of B2Gold during the fourth quarter worth $65,000. Finally, Concurrent Investment Advisors LLC lifted its stake in B2Gold by 17.5% in the 4th quarter. Concurrent Investment Advisors LLC now owns 26,079 shares of the basic materials company’s stock valued at $118,000 after acquiring an additional 3,888 shares in the last quarter. 61.40% of the stock is currently owned by institutional investors.

B2Gold Trading Down 4.8%

The business has a 50-day moving average of $4.89 and a 200-day moving average of $4.60. The firm has a market cap of $6.86 billion, a price-to-earnings ratio of 19.69 and a beta of 0.58. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.03 and a quick ratio of 0.46.

About B2Gold

B2Gold Corp. is a Canadian-based intermediate gold producer with a diversified portfolio of operating mines and advanced-stage development projects. Founded in 2007 through the merger of Bema Gold and CGA Mining, the company has grown to become one of the world’s largest new gold producers. Headquartered in Vancouver, British Columbia, B2Gold focuses on efficient, low-cost operations across several continents, combining exploration, development and production within a single strategic framework.

The company’s flagship assets include the Fekola mine in Mali, which commenced production in 2017, the Otjikoto mine in Namibia, and the Masbate mine in the Philippines.