National Bank Financial Boosts Earnings Estimates for B2Gold

B2Gold Corp. (NYSE:BTG - Free Report) - National Bank Financial lifted their FY2025 earnings per share (EPS) estimates for shares of B2Gold in a report issued on Tuesday, April 22nd. National Bank Financial analyst D. Demarco now expects that the company will post earnings per share of $0.44 for the year, up from their previous estimate of $0.19. The consensus estimate for B2Gold's current full-year earnings is $0.40 per share. National Bank Financial also issued estimates for B2Gold's FY2026 earnings at $0.45 EPS.

A number of other equities analysts also recently issued reports on the company. National Bankshares restated an "outperform" rating on shares of B2Gold in a research note on Wednesday, April 2nd. Scotiabank upgraded B2Gold from a "hold" rating to a "strong-buy" rating in a research note on Monday, April 14th. Raymond James restated an "outperform" rating and issued a $4.50 price target on shares of B2Gold in a research note on Friday, April 4th. Cormark upgraded B2Gold from a "hold" rating to a "moderate buy" rating in a research note on Tuesday, April 22nd. Finally, TD Securities downgraded B2Gold from a "buy" rating to a "hold" rating in a research report on Tuesday, February 4th. 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 issued a strong buy rating to the company's stock. According to MarketBeat, B2Gold has a consensus rating of "Hold" and a consensus target price of $4.21.

B2Gold Stock Performance

Shares of BTG stock traded up $0.02 on Friday, reaching $3.12. The stock had a trading volume of 31,787,489 shares, compared to its average volume of 22,029,570. The stock has a market cap of $4.12 billion, a P/E ratio of -6.50, a price-to-earnings-growth ratio of 0.33 and a beta of 0.93. B2Gold has a 1 year low of $2.20 and a 1 year high of $3.51. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.08 and a current ratio of 1.83. The company has a 50 day simple moving average of $2.98 and a 200 day simple moving average of $2.83.

B2Gold Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 20th. Investors of record on Friday, March 7th were issued a $0.02 dividend. This represents a $0.08 annualized dividend and a yield of 2.56%. The ex-dividend date was Friday, March 7th. B2Gold's dividend payout ratio is -16.67%.

Institutional Investors Weigh In On B2Gold

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Cantor Fitzgerald L. P. purchased a new stake in B2Gold in the 4th quarter worth approximately $25,000. Kercheville Advisors LLC bought a new position in B2Gold in the 1st quarter worth approximately $31,000. Walker Asset Management LLC bought a new position in B2Gold in the 1st quarter worth approximately $32,000. HighTower Advisors LLC bought a new position in B2Gold in the 3rd quarter worth approximately $36,000. Finally, Groupama Asset Managment bought a new position in B2Gold in the 4th quarter worth approximately $29,000. 61.40% of the stock is owned by hedge funds and other institutional investors.

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.