Scotiabank Has Negative Forecast for B2Gold FY2027 Earnings

B2Gold Corp. (TSE:BTO) (NYSE:BTG) – Investment analysts at Scotiabank dropped their FY2027 earnings per share (EPS) estimates for shares of B2Gold in a research note issued to investors on Thursday, March 19th. Scotiabank analyst O. Habib now expects that the company will post earnings per share of $1.43 for the year, down from their prior estimate of $1.44. The consensus estimate for B2Gold’s current full-year earnings is $0.56 per share.

B2Gold (TSE:BTO) (NYSE:BTG) last posted its earnings results on Wednesday, February 18th. The company reported C$0.15 EPS for the quarter. B2Gold had a net margin of 13.18% and a return on equity of 12.15%. The company had revenue of C$1.41 billion for the quarter.

Separately, National Bank Financial upped their price target on B2Gold from C$9.25 to C$10.00 and gave the stock an “outperform” rating in a research note on Tuesday, December 9th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, B2Gold presently has an average rating of “Buy” and a consensus price target of C$8.31.

B2Gold Stock Performance

TSE:BTO opened at C$5.39 on Monday. B2Gold has a fifty-two week low of C$3.62 and a fifty-two week high of C$8.60. The company has a debt-to-equity ratio of 17.54, a quick ratio of 3.33 and a current ratio of 1.06. The company has a 50 day moving average price of C$7.11 and a 200 day moving average price of C$6.67. The stock has a market capitalization of C$7.24 billion, a P/E ratio of 19.25, a PEG ratio of -0.27 and a beta of 1.21.

Insider Buying and Selling at B2Gold

In other news, insider Randall Chatwin sold 20,000 shares of the stock in a transaction on Friday, February 20th. The stock was sold at an average price of C$7.25, for a total value of C$145,000.00. Following the sale, the insider directly owned 6,199 shares in the company, valued at approximately C$44,942.75. This trade represents a 76.34% decrease in their ownership of the stock. Also, insider William Lytle sold 272,373 shares of B2Gold stock in a transaction on Thursday, February 26th. The shares were sold at an average price of C$8.32, for a total value of C$2,266,143.36. Following the completion of the transaction, the insider owned 38,975 shares of the company’s stock, valued at approximately C$324,272. This trade represents a 87.48% decrease in their ownership of the stock. Over the last quarter, insiders sold 583,159 shares of company stock worth $4,821,759. Insiders own 0.66% of the company’s stock.

B2Gold Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 19th. Stockholders of record on Thursday, March 19th were given a dividend of $0.02 per share. The ex-dividend date of this dividend was Friday, March 6th. This represents a $0.08 dividend on an annualized basis and a dividend yield of 1.5%. B2Gold’s dividend payout ratio is currently 28.57%.

About B2Gold

B2Gold Corp is an international, low-cost, senior gold mining company. It has three operating open-pit gold mines in Mali, Namibia, and the Philippines and numerous exploration projects across four continents. Other significant assets include the Gramalote and Kiaka gold projects. The company focuses on acquiring and developing interests in mineral properties with a primary focus on gold deposits as gold production forms all its revenue. There is no dependence on a particular purchaser because the gold is sold into a global market.