Cormark Issues Negative Estimate for B2Gold Earnings

Key Points

• Investment analysts at Cormark have reduced their Q3 2025 earnings estimate for B2Gold from $0.22 per share to $0.17 per share, while also projecting Q4 earnings at $0.28 EPS.
• B2Gold's current consensus rating is "Hold", with a consensus price target of C$6.75, following an upgrade to a "moderate buy" rating from Raymond James Financial.
• The company has announced a quarterly dividend of $0.02 per share, which reflects an annualized dividend yield of 1.3% and will be paid on September 23rd.

B2Gold Corp. (TSE:BTO - Free Report) NYSE: BTG - Equities research analysts at Cormark cut their Q3 2025 earnings per share (EPS) estimates for shares of B2Gold in a report released on Tuesday, September 16th. Cormark analyst R. Gray now expects that the company will post earnings of $0.17 per share for the quarter, down from their previous forecast of $0.22. The consensus estimate for B2Gold's current full-year earnings is $0.56 per share. Cormark also issued estimates for B2Gold's Q4 2025 earnings at $0.28 EPS and FY2025 earnings at $0.75 EPS.

Separately, Raymond James Financial raised B2Gold to a "moderate buy" rating in a research note on Monday, June 30th. One research analyst has rated the stock with a Strong Buy rating, two have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of C$6.75.

B2Gold Price Performance

Shares of TSE:BTO traded up C$0.37 during trading on Thursday, hitting C$6.58. 6,853,028 shares of the stock were exchanged, compared to its average volume of 3,689,771. The company has a fifty day moving average price of C$5.36 and a two-hundred day moving average price of C$4.82. The company has a market cap of C$8.71 billion, a PE ratio of -18.80, a P/E/G ratio of -0.27 and a beta of 0.48. The company has a current ratio of 1.83, a quick ratio of 3.33 and a debt-to-equity ratio of 7.51. B2Gold has a 12-month low of C$3.16 and a 12-month high of C$6.59.

B2Gold Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 23rd. Shareholders of record on Tuesday, September 23rd will be issued a dividend of $0.02 per share. This represents a $0.08 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date is Wednesday, September 10th. B2Gold's dividend payout ratio is -34.29%.

Insiders Place Their Bets

In other B2Gold news, insider Randall Chatwin sold 7,000 shares of the stock in a transaction on Wednesday, August 13th. The stock was sold at an average price of C$5.33, for a total transaction of C$37,310.00. Following the sale, the insider owned 40,199 shares in the company, valued at approximately C$214,260.67. This represents a 14.83% decrease in their position. Also, insider Peter Dominic Montano sold 44,102 shares of the stock in a transaction on Thursday, August 14th. The shares were sold at an average price of C$5.35, for a total value of C$235,945.70. Following the sale, the insider owned -1,405 shares in the company, valued at approximately C($7,516.75). This trade represents a 103.29% decrease in their position. In the last quarter, insiders have sold 51,117 shares of company stock worth $273,336. 0.66% of the stock is owned by insiders.

B2Gold Company Profile

B2Gold Corp is an international, low-cost, senior gold mining company. It has three operating open-pit gold mines in Mali, Namibia, and the Philippines and numerous exploration projects across four continents. Other significant assets include the Gramalote and Kiaka gold projects. The company focuses on acquiring and developing interests in mineral properties with a primary focus on gold deposits as gold production forms all its revenue.