Research Analysts Issue Forecasts for B2Gold FY2025 Earnings

B2Gold Corp. (NYSE:BTG) – Equities research analysts at Scotiabank decreased their FY2025 earnings estimates for B2Gold in a research report issued on Wednesday, January 8th. Scotiabank analyst O. Habib now anticipates that the company will post earnings of $0.26 per share for the year, down from their prior forecast of $0.27. The consensus estimate for B2Gold’s current full-year earnings is $0.23 per share.

B2Gold (NYSE:BTG) last announced its earnings results on Wednesday, November 6th. The company reported $0.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.05 by ($0.03). The firm had revenue of $448.23 million for the quarter, compared to analyst estimates of $449.28 million. B2Gold had a negative net margin of 38.42% and a positive return on equity of 7.53%. B2Gold’s revenue for the quarter was down 6.2% compared to the same quarter last year. During the same period last year, the firm earned $0.05 earnings per share.

BTG has been the subject of a number of other reports. CIBC increased their price target on shares of B2Gold from $3.30 to $3.60 and gave the stock a “neutral” rating in a research report on Tuesday, September 24th. StockNews.com lowered shares of B2Gold from a “buy” rating to a “hold” rating in a research note on Friday, November 8th. Jefferies Financial Group upped their price target on shares of B2Gold from $4.00 to $5.00 and gave the stock a “buy” rating in a research note on Friday, October 4th. Royal Bank of Canada reissued a “sector perform” rating and set a $3.75 price objective on shares of B2Gold in a research report on Tuesday, September 17th. Finally, Cibc World Mkts lowered B2Gold from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, September 24th. Six analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $4.12.

B2Gold Stock Down 0.8 %

Shares of B2Gold stock opened at $2.59 on Thursday. B2Gold has a 1 year low of $2.34 and a 1 year high of $3.50. The company has a market cap of $3.41 billion, a P/E ratio of -4.62, a P/E/G ratio of 0.53 and a beta of 1.09. The company has a current ratio of 1.83, a quick ratio of 1.08 and a debt-to-equity ratio of 0.07. The stock has a 50-day moving average price of $2.71 and a 200 day moving average price of $2.89.

B2Gold Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, December 12th. Shareholders of record on Monday, December 2nd were given a dividend of $0.04 per share. This represents a $0.16 annualized dividend and a yield of 6.18%. The ex-dividend date of this dividend was Monday, December 2nd. B2Gold’s payout ratio is -28.57%.

Institutional Trading of B2Gold

A number of institutional investors and hedge funds have recently made changes to their positions in BTG. Van ECK Associates Corp increased its holdings in shares of B2Gold by 40.6% during the 3rd quarter. Van ECK Associates Corp now owns 166,079,133 shares of the company’s stock valued at $566,312,000 after acquiring an additional 47,967,010 shares during the last quarter. FMR LLC raised its position in shares of B2Gold by 0.7% in the third quarter. FMR LLC now owns 59,489,129 shares of the company’s stock valued at $183,862,000 after purchasing an additional 438,399 shares during the period. Two Sigma Advisers LP lifted its stake in shares of B2Gold by 66.9% in the third quarter. Two Sigma Advisers LP now owns 17,875,880 shares of the company’s stock worth $55,058,000 after buying an additional 7,165,600 shares during the last quarter. Bank of Montreal Can boosted its holdings in shares of B2Gold by 2.2% during the 2nd quarter. Bank of Montreal Can now owns 13,158,780 shares of the company’s stock worth $34,824,000 after buying an additional 282,070 shares during the period. Finally, American Century Companies Inc. grew its stake in B2Gold by 39.4% in the 2nd quarter. American Century Companies Inc. now owns 12,284,484 shares of the company’s stock valued at $33,053,000 after buying an additional 3,474,553 shares during the last quarter. Institutional investors and hedge funds own 61.40% of the company’s stock.

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.