FY2027 Earnings Forecast for B2Gold Issued By Scotiabank

B2Gold Corp. (TSE:BTO) (NYSE:BTG) – Analysts at Scotiabank increased their FY2027 earnings estimates for shares of B2Gold in a research note issued to investors on Friday, April 10th. Scotiabank analyst O. Habib now forecasts that the company will post earnings of $1.45 per share for the year, up from their prior estimate of $1.43. The consensus estimate for B2Gold’s current full-year earnings is $0.56 per share.

B2Gold Stock Performance

Shares of B2Gold stock opened at C$6.79 on Tuesday. The company has a quick ratio of 3.33, a current ratio of 1.06 and a debt-to-equity ratio of 17.54. The stock’s fifty day moving average is C$6.92 and its two-hundred day moving average is C$6.68. B2Gold has a 52 week low of C$4.00 and a 52 week high of C$8.60. The company has a market capitalization of C$9.08 billion, a PE ratio of 24.25, a price-to-earnings-growth ratio of -0.27 and a beta of 1.60.

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

Insider Transactions at B2Gold

In related news, insider Randall Chatwin sold 20,000 shares of the firm’s stock in a transaction dated Friday, February 20th. The shares were sold at an average price of C$7.25, for a total value of C$145,000.00. Following the transaction, the insider owned 6,199 shares of the company’s stock, valued at C$44,942.75. This trade represents a 76.34% decrease in their position. Also, insider William Lytle sold 272,373 shares of B2Gold stock in a transaction dated Thursday, February 26th. The shares were sold at an average price of C$8.32, for a total transaction of C$2,266,143.36. Following the sale, the insider owned 38,975 shares of the company’s stock, valued at C$324,272. The trade was a 87.48% decrease in their position. Over the last 90 days, insiders sold 583,159 shares of company stock worth $4,821,759. Company insiders own 0.66% of the company’s stock.

B2Gold Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, March 19th. Stockholders of record on Thursday, March 19th were issued a $0.02 dividend. The ex-dividend date was Friday, March 6th. This represents a $0.08 dividend on an annualized basis and a dividend yield of 1.2%. B2Gold’s dividend payout ratio is presently 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.