Cormark Comments on B2Gold's FY2025 Earnings (TSE:BTO)

B2Gold Corp. (TSE:BTO - Free Report) NYSE: BTG - Equities researchers at Cormark boosted their FY2025 earnings estimates for shares of B2Gold in a report issued on Tuesday, July 15th. Cormark analyst R. Gray now forecasts that the company will earn $0.78 per share for the year, up from their prior forecast of $0.75. Cormark has a "Moderate Buy" rating on the stock. The consensus estimate for B2Gold's current full-year earnings is $0.56 per share.

A number of other research firms also recently issued reports on BTO. Stifel Nicolaus boosted their target price on shares of B2Gold from C$6.50 to C$7.50 in a report on Monday, April 21st. BMO Capital Markets reduced their target price on shares of B2Gold from C$7.00 to C$6.50 in a research report on Monday, March 31st. Raymond James Financial upgraded shares of B2Gold to a "moderate buy" rating in a research note on Monday, June 30th. Finally, Scotiabank upgraded shares of B2Gold from a "hold" rating to a "strong-buy" rating in a research note on Monday, April 14th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of C$6.11.

B2Gold Price Performance

Shares of TSE BTO traded down C$0.04 during midday trading on Thursday, hitting C$4.69. The company had a trading volume of 3,058,723 shares, compared to its average volume of 3,539,780. The company has a quick ratio of 3.33, a current ratio of 1.83 and a debt-to-equity ratio of 7.51. B2Gold has a twelve month low of C$3.16 and a twelve month high of C$5.21. The business has a 50-day simple moving average of C$4.76 and a two-hundred day simple moving average of C$4.24. The firm has a market capitalization of C$4.34 billion, a price-to-earnings ratio of -5.40, a price-to-earnings-growth ratio of -0.27 and a beta of 1.23.

Insider Buying and Selling

In related news, Senior Officer Randall Chatwin sold 100,000 shares of the stock in a transaction that occurred on Friday, May 23rd. The stock was sold at an average price of C$4.65, for a total value of C$465,000.00. Insiders sold a total of 108,216 shares of company stock valued at $505,820 in the last 90 days. Corporate insiders own 0.66% of the company's stock.

B2Gold Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 24th. Investors of record on Tuesday, June 24th were issued a $0.02 dividend. The ex-dividend date of this dividend was Wednesday, June 11th. This represents a $0.08 dividend on an annualized basis and a yield of 1.71%. B2Gold's dividend payout ratio is currently -25.32%.

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.