Research Analysts Issue Forecasts for B2Gold Q2 Earnings

B2Gold Corp. (NYSE:BTG - Free Report) - Analysts at Cormark raised their Q2 2025 earnings per share (EPS) estimates for shares of B2Gold in a note issued to investors on Tuesday, July 15th. Cormark analyst R. Gray now expects that the company will post earnings of $0.13 per share for the quarter, up from their prior estimate of $0.10. Cormark has a "Moderate Buy" rating on the stock. The consensus estimate for B2Gold's current full-year earnings is $0.40 per share. Cormark also issued estimates for B2Gold's FY2025 earnings at $0.57 EPS.

Several other brokerages have also recently issued reports on BTG. Raymond James Financial raised B2Gold to a "moderate buy" rating and set a $4.50 target price on the stock in a research report on Monday, June 30th. Wall Street Zen raised shares of B2Gold from a "hold" rating to a "buy" rating in a research report on Thursday, May 8th. National Bankshares reaffirmed an "outperform" rating on shares of B2Gold in a research note on Wednesday. Scotiabank raised shares of B2Gold from a "hold" rating to a "strong-buy" rating in a report on Monday, April 14th. Finally, CIBC reissued a "neutral" rating and issued a $4.00 price objective (up from $3.60) on shares of B2Gold in a research note on Tuesday. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of $4.31.

B2Gold Stock Performance

Shares of BTG stock traded down $0.06 on Wednesday, reaching $3.40. The stock had a trading volume of 20,117,918 shares, compared to its average volume of 30,054,994. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.08 and a current ratio of 1.83. B2Gold has a 1 year low of $2.20 and a 1 year high of $3.83. The stock has a market cap of $4.49 billion, a P/E ratio of -7.07, a price-to-earnings-growth ratio of 0.33 and a beta of 0.45. The company has a 50 day simple moving average of $3.47 and a 200 day simple moving average of $3.02.

B2Gold (NYSE:BTG - Get Free Report) last issued its quarterly earnings data on Wednesday, May 7th. The company reported $0.09 earnings per share for the quarter, beating analysts' consensus estimates of $0.08 by $0.01. B2Gold had a negative net margin of 33.12% and a positive return on equity of 5.65%. During the same quarter in the prior year, the business earned $0.06 EPS. The company's revenue was up 15.3% compared to the same quarter last year.

Institutional Investors Weigh In On B2Gold

Several large investors have recently made changes to their positions in the company. Pale Fire Capital SE grew its holdings in B2Gold by 23.7% during the 1st quarter. Pale Fire Capital SE now owns 64,838,409 shares of the company's stock valued at $184,789,000 after buying an additional 12,419,383 shares in the last quarter. Vanguard Group Inc. lifted its position in B2Gold by 2.1% during the first quarter. Vanguard Group Inc. now owns 54,099,978 shares of the company's stock valued at $153,752,000 after purchasing an additional 1,089,501 shares during the last quarter. Renaissance Technologies LLC grew its stake in shares of B2Gold by 1.0% in the 4th quarter. Renaissance Technologies LLC now owns 27,186,655 shares of the company's stock worth $66,335,000 after buying an additional 272,300 shares in the last quarter. American Century Companies Inc. increased its holdings in shares of B2Gold by 17.1% in the 1st quarter. American Century Companies Inc. now owns 26,524,336 shares of the company's stock worth $75,435,000 after buying an additional 3,865,565 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its position in B2Gold by 0.5% during the fourth quarter. Dimensional Fund Advisors LP now owns 24,389,363 shares of the company's stock valued at $59,510,000 after purchasing an additional 130,638 shares during the period. 61.40% of the stock is owned by institutional investors.

B2Gold Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 24th. Investors of record on Wednesday, June 11th were paid a dividend of $0.02 per share. The ex-dividend date was Wednesday, June 11th. This represents a $0.08 annualized dividend and a yield of 2.36%. B2Gold's payout ratio is -17.02%.

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.