Q1 Earnings Estimate for B2Gold Issued By Cormark (TSE:BTO)

B2Gold Corp. (TSE:BTO - Free Report) NYSE: BTG - Analysts at Cormark dropped their Q1 2025 EPS estimates for B2Gold in a report issued on Tuesday, April 22nd. Cormark analyst R. Gray now forecasts that the company will post earnings per share of $0.10 for the quarter, down from their prior estimate of $0.13. Cormark currently has a "Moderate Buy" rating on the stock. The consensus estimate for B2Gold's current full-year earnings is $0.56 per share.

Other equities analysts also recently issued reports about the stock. BMO Capital Markets dropped their price objective on shares of B2Gold from C$7.00 to C$6.50 in a research note on Monday, March 31st. TD Securities downgraded shares of B2Gold from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, February 4th. Scotiabank upgraded shares of B2Gold from a "hold" rating to a "strong-buy" rating in a research note on Monday, April 14th. Stifel Nicolaus increased their target price on shares of B2Gold from C$6.50 to C$7.50 in a research report on Monday, April 21st. Finally, Bank of America cut shares of B2Gold from a "buy" rating to an "underperform" rating in a research report on Tuesday, January 14th. One analyst has rated the stock with a sell rating, two have given a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of C$5.93.

B2Gold Stock Down 0.5 %

Shares of TSE BTO traded down C$0.02 during midday trading on Thursday, reaching C$4.27. 810,760 shares of the company's stock traded hands, compared to its average volume of 3,869,221. The company has a quick ratio of 3.33, a current ratio of 1.83 and a debt-to-equity ratio of 7.51. The stock's 50 day simple moving average is C$4.22 and its 200-day simple moving average is C$4.00. B2Gold has a one year low of C$3.16 and a one year high of C$4.88. The company has a market cap of C$3.95 billion, a price-to-earnings ratio of -4.92, a P/E/G ratio of -0.27 and a beta of 1.23.

B2Gold Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 20th. Shareholders of record on Thursday, March 20th were issued a $0.02 dividend. The ex-dividend date was Friday, March 7th. This represents a $0.08 dividend on an annualized basis and a dividend yield of 1.87%. B2Gold's dividend payout ratio is currently -25.32%.

Insiders Place Their Bets

In other B2Gold news, Senior Officer William Lytle sold 54,062 shares of the firm's stock in a transaction on Monday, March 10th. The shares were sold at an average price of C$3.85, for a total value of C$208,138.70. Also, Director Jerry Korpan sold 120,000 shares of the firm's stock in a transaction on Monday, April 14th. The stock was sold at an average price of C$4.63, for a total transaction of C$555,600.00. Over the last quarter, insiders sold 535,145 shares of company stock valued at $2,191,177. Insiders own 0.66% of the company's stock.

B2Gold Company Profile

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.