Scotiabank Weighs in on B2Gold's FY2027 Earnings (TSE:BTO)

Key Points

• Scotiabank raised FY2027 EPS for B2Gold to $1.45 per share (from $1.43), while the consensus estimate for the current full year is $0.56, according to analyst O. Habib.
• Significant insider selling has occurred recently — insiders sold 583,159 shares in the past 90 days valued at about $4.82 million (notable sales by Randall Chatwin and William Lytle), leaving insiders with 0.66% ownership.
• B2Gold declared a quarterly dividend of $0.02 (paid March 19), equivalent to an $0.08 annualized dividend with a 1.2% yield and a 28.57% payout ratio.

B2Gold Corp. (TSE:BTO - Free Report) NYSE: BTG - Equities researchers at Scotiabank raised their FY2027 EPS estimates for shares of B2Gold in a research report issued to clients and investors on Friday, April 10th. Scotiabank analyst O. Habib now anticipates that the company will post earnings of $1.45 per share for the year, up from their previous estimate of $1.43. The consensus estimate for B2Gold's current full-year earnings is $0.56 per share.

B2Gold Trading Down 1.5%

TSE:BTO opened at C$6.72 on Tuesday. B2Gold has a one year low of C$4.00 and a one year high of C$8.60. The company has a debt-to-equity ratio of 17.54, a quick ratio of 3.33 and a current ratio of 1.06. The firm has a market cap of C$8.99 billion, a P/E ratio of 24.00, a P/E/G ratio of -0.27 and a beta of 1.60. The firm has a 50-day simple moving average of C$6.92 and a 200-day simple moving average of C$6.68.

B2Gold (TSE:BTO - Get Free Report) NYSE: BTG last posted its quarterly earnings results on Wednesday, February 18th. The company reported C$0.15 EPS for the quarter. B2Gold had a net margin of 13.18% and a return on equity of 12.15%. The business had revenue of C$1.41 billion during the quarter.

Insider Activity

In other news, insider Randall Chatwin sold 20,000 shares of the business's stock in a transaction dated Friday, February 20th. The shares were sold at an average price of C$7.25, for a total value of C$145,000.00. Following the completion of the sale, the insider owned 6,199 shares in the company, valued at approximately C$44,942.75. The trade was a 76.34% decrease in their position. Also, insider William Lytle sold 272,373 shares of the business's stock in a transaction dated Thursday, February 26th. The shares were sold at an average price of C$8.32, for a total transaction of C$2,266,143.36. Following the completion of the sale, the insider owned 38,975 shares of the company's stock, valued at approximately C$324,272. This represents a 87.48% decrease in their position. In the last 90 days, insiders sold 583,159 shares of company stock valued at $4,821,759. Company insiders own 0.66% of the company's stock.

B2Gold Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 19th. Stockholders of record on Thursday, March 19th were issued a $0.02 dividend. The ex-dividend date was Friday, March 6th. This represents a $0.08 annualized dividend and a dividend yield of 1.2%. B2Gold's payout ratio is currently 28.57%.

About B2Gold

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. There is no dependence on a particular purchaser because the gold is sold into a global market.

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