National Bank Financial Weighs in on B2Gold Q1 Earnings

B2Gold Corp. (NYSE:BTG - Free Report) - Investment analysts at National Bank Financial issued their Q1 2025 earnings per share (EPS) estimates for shares of B2Gold in a research report issued on Tuesday, April 22nd. National Bank Financial analyst D. Demarco anticipates that the company will earn $0.07 per share for the quarter. The consensus estimate for B2Gold's current full-year earnings is $0.40 per share.

BTG has been the topic of a number of other research reports. Scotiabank upgraded B2Gold from a "hold" rating to a "strong-buy" rating in a research note on Monday, April 14th. Raymond James reaffirmed an "outperform" rating and issued a $4.50 target price on shares of B2Gold in a research note on Friday, April 4th. Cormark raised shares of B2Gold from a "hold" rating to a "moderate buy" rating in a research report on Tuesday, April 22nd. National Bankshares reissued an "outperform" rating on shares of B2Gold in a research note on Wednesday, April 2nd. Finally, CIBC increased their target price on B2Gold from $3.30 to $3.60 and gave the company a "neutral" rating in a report on Thursday, March 20th. One investment analyst has rated the stock with a sell rating, five have given a hold rating, three have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and an average price target of $4.21.

B2Gold Stock Performance

Shares of BTG stock traded up $0.02 during trading hours on Thursday, hitting $3.11. The company's stock had a trading volume of 17,047,333 shares, compared to its average volume of 21,885,840. The stock has a market cap of $4.10 billion, a PE ratio of -6.47, a price-to-earnings-growth ratio of 0.33 and a beta of 0.93. B2Gold has a 12-month low of $2.20 and a 12-month high of $3.51. The company has a 50 day moving average of $2.97 and a 200 day moving average of $2.82. The company has a current ratio of 1.83, a quick ratio of 1.08 and a debt-to-equity ratio of 0.07.

B2Gold Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 20th. Shareholders of record on Friday, March 7th were paid a $0.02 dividend. The ex-dividend date of this dividend was Friday, March 7th. This represents a $0.08 dividend on an annualized basis and a yield of 2.58%. B2Gold's dividend payout ratio is presently -16.67%.

Institutional Trading of B2Gold

A number of hedge funds have recently added to or reduced their stakes in the stock. Sumitomo Mitsui Trust Group Inc. acquired a new stake in shares of B2Gold during the first quarter worth $278,000. U S Global Investors Inc. acquired a new stake in shares of B2Gold in the 1st quarter worth $1,211,000. Jaffetilchin Investment Partners LLC purchased a new stake in shares of B2Gold in the first quarter valued at about $95,000. Continuum Advisory LLC increased its stake in shares of B2Gold by 99.5% during the first quarter. Continuum Advisory LLC now owns 22,050 shares of the company's stock worth $63,000 after acquiring an additional 11,000 shares during the period. Finally, Cambridge Investment Research Advisors Inc. raised its holdings in B2Gold by 58.0% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 188,530 shares of the company's stock worth $536,000 after purchasing an additional 69,177 shares in the last quarter. 61.40% of the stock is owned by institutional investors and hedge funds.

About B2Gold

B2Gold Corp. operates as a gold producer company. It operates the Fekola Mine in Mali, the Masbate Mine in the Philippines, and the Otjikoto Mine in Namibia. The company also has an 100% interest in the Gramalote gold project in Colombia; 24% interest in the Calibre Mining Corp.; and approximately 19% interest in BeMetals Corp.