Scotiabank Has Bullish Estimate for B2Gold FY2026 Earnings

B2Gold Corp (NYSEAMERICAN:BTG) (TSE:BTO) – Scotiabank upped their FY2026 EPS estimates for B2Gold in a research note issued on Thursday, February 26th. Scotiabank analyst O. Habib now forecasts that the basic materials company will post earnings per share of $0.53 for the year, up from their previous estimate of $0.51. 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 issued its quarterly earnings results on Wednesday, February 18th. The basic materials company reported $0.11 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.22 by ($0.11). B2Gold had a net margin of 13.13% and a return on equity of 18.12%. The firm had revenue of $1.05 billion for the quarter, compared to the consensus estimate of $1.15 billion. During the same quarter in the prior year, the firm earned $0.01 earnings per share. The company’s revenue was up 110.9% on a year-over-year basis.

Separately, Canadian Imperial Bank of Commerce reaffirmed a “neutral” rating on shares of B2Gold in a research report on Wednesday, February 4th. Two research analysts have rated the stock with a Hold rating, According to MarketBeat.com, B2Gold currently has a consensus rating of “Hold”.

B2Gold Price Performance

Shares of NYSEAMERICAN:BTG opened at $6.16 on Monday. The firm has a market capitalization of $8.25 billion, a PE ratio of 23.69, a PEG ratio of 0.61 and a beta of 0.55. The company has a current ratio of 1.06, a quick ratio of 0.47 and a debt-to-equity ratio of 0.16. B2Gold has a 1-year low of $2.53 and a 1-year high of $6.29. The business’s 50 day moving average is $5.06 and its 200-day moving average is $4.71.

Hedge Funds Weigh In On B2Gold

Institutional investors have recently added to or reduced their stakes in the company. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in B2Gold by 11.1% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 387,839 shares of the basic materials company’s stock valued at $1,749,000 after acquiring an additional 38,598 shares during the last quarter. TD Waterhouse Canada Inc. raised its holdings in shares of B2Gold by 22.1% in the 4th quarter. TD Waterhouse Canada Inc. now owns 422,008 shares of the basic materials company’s stock valued at $1,900,000 after purchasing an additional 76,384 shares during the period. Ruffer LLP bought a new stake in shares of B2Gold in the 4th quarter valued at about $2,054,000. Kingswood Wealth Advisors LLC acquired a new stake in B2Gold in the 4th quarter valued at about $65,000. Finally, Concurrent Investment Advisors LLC grew its holdings in B2Gold by 17.5% during the fourth quarter. Concurrent Investment Advisors LLC now owns 26,079 shares of the basic materials company’s stock worth $118,000 after purchasing an additional 3,888 shares during the period. 61.40% of the stock is currently owned by institutional investors and hedge funds.

B2Gold Company Profile

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.