Scotiabank Has Positive Forecast for B2Gold FY2026 Earnings

B2Gold Corp. (TSE:BTOFree Report) (NYSE:BTG) – Scotiabank increased their FY2026 earnings per share (EPS) estimates for B2Gold in a research report issued on Wednesday, July 15th. Scotiabank analyst O. Habib now anticipates that the company will post earnings of $0.62 per share for the year, up from their previous forecast of $0.61. The consensus estimate for B2Gold’s current full-year earnings is $0.56 per share.

Separately, National Bank Financial cut their target price on B2Gold from C$10.70 to C$9.75 and set an “outperform” rating for the company in a research note on Tuesday. One analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, B2Gold currently has an average rating of “Moderate Buy” and a consensus target price of C$8.83.

Check Out Our Latest Analysis on B2Gold

B2Gold Stock Performance

Shares of TSE BTO opened at C$5.14 on Friday. The stock’s 50-day moving average is C$6.03 and its 200 day moving average is C$6.51. The stock has a market cap of C$6.85 billion, a price-to-earnings ratio of 13.53, a P/E/G ratio of -0.27 and a beta of 1.73. B2Gold has a 1-year low of C$4.56 and a 1-year high of C$8.60. The company has a current ratio of 1.19, a quick ratio of 3.33 and a debt-to-equity ratio of 14.16.

B2Gold (TSE:BTOGet Free Report) (NYSE:BTG) last posted its quarterly earnings data on Wednesday, May 6th. The company reported C$0.26 earnings per share (EPS) for the quarter. The firm had revenue of C$1.61 billion during the quarter. B2Gold had a return on equity of 15.70% and a net margin of 14.78%.

Insiders Place Their Bets

In other B2Gold news, Director Michael Andrew Cinnamond sold 14,089 shares of the company’s stock in a transaction dated Friday, July 3rd. The shares were sold at an average price of C$5.88, for a total transaction of C$82,843.32. Following the completion of the sale, the director directly owned 315,371 shares in the company, valued at C$1,854,381.48. This represents a 4.28% decrease in their ownership of the stock. Also, insider William Lytle sold 14,089 shares of the firm’s stock in a transaction dated Friday, July 3rd. The shares were sold at an average price of C$5.88, for a total value of C$82,843.32. Following the transaction, the insider directly owned 218,475 shares in the company, valued at C$1,284,633. This trade represents a 6.06% decrease in their ownership of the stock. Insiders sold a total of 250,238 shares of company stock valued at $1,564,825 over the last three months. 0.66% of the stock is currently owned by company insiders.

B2Gold Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 23rd. Shareholders of record on Tuesday, June 23rd were paid a $0.02 dividend. The ex-dividend date of this dividend was Wednesday, June 10th. This represents a $0.08 annualized dividend and a yield of 1.6%. B2Gold’s payout ratio is currently 21.05%.

About B2Gold

(Get Free Report)

B2Gold is a responsible international gold producer headquartered in Vancouver, Canada. Founded in 2007, today, B2Gold has operating gold mines in Canada, Mali, Namibia and the Philippines, and numerous development and exploration projects in various countries.

Further Reading

Earnings History and Estimates for B2Gold (TSE:BTO)

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