Scotiabank Has Optimistic Outlook of B2Gold FY2026 Earnings

B2Gold Corp. (TSE:BTO) (NYSE:BTG) – Investment analysts at Scotiabank upped their FY2026 EPS estimates for B2Gold in a note issued to investors on Thursday, February 26th. Scotiabank analyst O. Habib now expects that the company will earn $0.73 per share for the year, up from their prior forecast of $0.69. The consensus estimate for B2Gold’s current full-year earnings is $0.56 per share.

Other analysts also recently issued reports about the company. Cormark downgraded B2Gold from a “moderate buy” rating to a “hold” rating in a research note on Friday, November 7th. Stifel Nicolaus dropped their price target on shares of B2Gold from C$11.50 to C$10.50 in a research note on Tuesday, November 11th. Finally, National Bank Financial lifted their price target on shares of B2Gold from C$9.25 to C$10.00 and gave the company an “outperform” rating in a research report on Tuesday, December 9th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of C$8.31.

B2Gold Price Performance

BTO stock opened at C$8.38 on Monday. B2Gold has a 1 year low of C$3.62 and a 1 year high of C$8.59. The company has a debt-to-equity ratio of 7.51, a current ratio of 1.83 and a quick ratio of 3.33. The firm has a market capitalization of C$11.20 billion, a PE ratio of 55.87, a price-to-earnings-growth ratio of -0.27 and a beta of 1.02. The business has a 50 day simple moving average of C$6.94 and a 200-day simple moving average of C$6.52.

B2Gold (TSE:BTO) (NYSE:BTG) last announced its quarterly earnings data on Wednesday, February 18th. The company reported C$0.15 earnings per share (EPS) for the quarter. B2Gold had a negative net margin of 38.20% and a negative return on equity of 20.27%. The company had revenue of C$1.41 billion during the quarter.

B2Gold Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, December 15th. Stockholders of record on Monday, December 15th were issued a $0.02 dividend. This represents a $0.08 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend was Tuesday, December 2nd. B2Gold’s payout ratio is presently 66.67%.

Insider Buying and Selling at B2Gold

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

B2Gold Company Profile

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.