Research Analysts Issue Forecasts for B2Gold FY2027 Earnings

Key Points

• Scotiabank trimmed its FY2027 EPS forecast for B2Gold to $1.04 from $1.05 and maintains a "Sector Perform" rating, while CIBC reissued a "neutral" rating — the stock's average analyst rating is "Hold" and the consensus current full-year EPS is $0.65.
• B2Gold's most recent quarter missed expectations, reporting $0.11 EPS vs. a $0.22 consensus and $1.05 billion in revenue versus $1.15 billion expected, although revenue rose about 110.9% year-over-year.
• The shares opened at $4.54 with a market cap of $6.06 billion, a P/E of 17.46 and a 52-week range of $2.86–$6.28, and institutional investors now own roughly 61.4% of the company after several funds increased positions.

B2Gold Corp (NYSEAMERICAN:BTG - Free Report) TSE: BTO - Research analysts at Scotiabank lowered their FY2027 EPS estimates for B2Gold in a report released on Thursday, April 23rd. Scotiabank analyst O. Habib now expects that the basic materials company will post earnings of $1.04 per share for the year, down from their previous estimate of $1.05. Scotiabank has a "Sector Perform" rating on the stock. The consensus estimate for B2Gold's current full-year earnings is $0.65 per share.

Separately, Canadian Imperial Bank of Commerce reissued a "neutral" rating on shares of B2Gold in a research report on Wednesday, February 4th. Two analysts have rated the stock with a Hold rating, Based on data from MarketBeat, B2Gold currently has an average rating of "Hold".

B2Gold Stock Performance

Shares of BTG stock opened at $4.54 on Tuesday. The firm has a market cap of $6.06 billion, a price-to-earnings ratio of 17.46, a P/E/G ratio of 0.58 and a beta of 0.69. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.47 and a current ratio of 1.06. B2Gold has a 52 week low of $2.86 and a 52 week high of $6.28. The firm's 50-day simple moving average is $4.98 and its two-hundred day simple moving average is $4.82.

B2Gold (NYSEAMERICAN:BTG - Get Free Report) TSE: BTO last announced its quarterly earnings data on Wednesday, February 18th. The basic materials company reported $0.11 EPS for the quarter, missing the consensus estimate of $0.22 by ($0.11). The company had revenue of $1.05 billion during the quarter, compared to the consensus estimate of $1.15 billion. B2Gold had a return on equity of 18.12% and a net margin of 13.13%.The business's revenue was up 110.9% on a year-over-year basis. During the same period in the prior year, the firm posted $0.01 EPS.

Institutional Trading of B2Gold

Several hedge funds and other institutional investors have recently modified their holdings of the business. Y Intercept Hong Kong Ltd raised its position in shares of B2Gold by 1,692.8% in the first quarter. Y Intercept Hong Kong Ltd now owns 1,697,502 shares of the basic materials company's stock valued at $7,690,000 after purchasing an additional 1,602,820 shares during the period. Pictet Asset Management Holding SA raised its position in shares of B2Gold by 12.3% in the first quarter. Pictet Asset Management Holding SA now owns 282,779 shares of the basic materials company's stock valued at $1,281,000 after purchasing an additional 30,966 shares during the period. Parkway Wealth Management Group LLC bought a new stake in shares of B2Gold in the first quarter valued at approximately $51,000. Assenagon Asset Management S.A. bought a new stake in shares of B2Gold in the first quarter valued at approximately $2,665,000. Finally, PKO Investment Management Joint Stock Co raised its position in shares of B2Gold by 20.7% in the first quarter. PKO Investment Management Joint Stock Co now owns 555,277 shares of the basic materials company's stock valued at $2,517,000 after purchasing an additional 95,277 shares during the period. Institutional investors own 61.40% of the company's stock.

About B2Gold

B2Gold Corp. is a Canadian-based intermediate gold producer with a diversified portfolio of operating mines and advanced-stage development projects. Founded in 2007 through the merger of Bema Gold and CGA Mining, the company has grown to become one of the world's largest new gold producers. Headquartered in Vancouver, British Columbia, B2Gold focuses on efficient, low-cost operations across several continents, combining exploration, development and production within a single strategic framework.

The company's flagship assets include the Fekola mine in Mali, which commenced production in 2017, the Otjikoto mine in Namibia, and the Masbate mine in the Philippines.

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