What is Scotiabank’s Forecast for B2Gold FY2027 Earnings?

B2Gold Corp (NYSEAMERICAN:BTG) (TSE:BTO) – Research analysts at Scotiabank boosted their FY2027 earnings estimates for B2Gold in a research report issued to clients and investors on Friday, April 10th. Scotiabank analyst O. Habib now anticipates that the basic materials company will earn $1.05 per share for the year, up from their previous estimate of $1.04. Scotiabank currently has a “Sector Perform” rating on the stock. The consensus estimate for B2Gold’s current full-year earnings is $0.26 per share.

B2Gold (NYSEAMERICAN:BTG) (TSE:BTO) last released its quarterly earnings results on Wednesday, February 18th. The basic materials company reported $0.11 EPS for the quarter, missing the consensus estimate of $0.22 by ($0.11). The firm had revenue of $1.05 billion for the quarter, compared to the consensus estimate of $1.15 billion. B2Gold had a return on equity of 18.12% and a net margin of 13.13%.The firm’s revenue was up 110.9% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.01 EPS.

Separately, Canadian Imperial Bank of Commerce reiterated a “neutral” rating on shares of B2Gold in a research report on Wednesday, February 4th. Two investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the company presently has a consensus rating of “Hold”.

B2Gold Stock Up 1.6%

B2Gold stock opened at $4.94 on Tuesday. The company has a 50-day simple moving average of $5.05 and a 200-day simple moving average of $4.83. The firm has a market capitalization of $6.59 billion, a P/E ratio of 19.00, a P/E/G ratio of 0.50 and a beta of 0.69. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.47 and a current ratio of 1.06. B2Gold has a one year low of $2.86 and a one year high of $6.28.

Hedge Funds Weigh In On B2Gold

Institutional investors and hedge funds have recently bought and sold shares of the stock. Northwestern Mutual Wealth Management Co. acquired a new stake in B2Gold in the 4th quarter valued at about $45,000. Jefferies Financial Group Inc. acquired a new stake in B2Gold in the 4th quarter valued at about $55,000. Cerity Partners LLC acquired a new stake in B2Gold in the 4th quarter valued at about $55,000. Inspire Advisors LLC acquired a new stake in B2Gold in the 4th quarter valued at about $59,000. Finally, Kingswood Wealth Advisors LLC acquired a new stake in B2Gold in the 4th quarter valued at about $65,000. Institutional investors own 61.40% of the company’s stock.

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.