Scotiabank Has Positive Outlook of B2Gold FY2025 Earnings

B2Gold Corp. (TSE:BTO) (NYSE:BTG) – Analysts at Scotiabank boosted their FY2025 EPS estimates for shares of B2Gold in a research report issued to clients and investors on Wednesday, January 8th. Scotiabank analyst O. Habib now forecasts that the company will post earnings of $0.38 per share for the year, up from their previous forecast of $0.37. The consensus estimate for B2Gold’s current full-year earnings is $0.56 per share.

Several other analysts also recently issued reports on BTO. BMO Capital Markets reduced their price objective on B2Gold from C$6.50 to C$6.00 and set an “outperform” rating on the stock in a research report on Monday, September 16th. Cormark lifted their price target on shares of B2Gold from C$4.25 to C$5.25 in a research report on Monday, September 23rd. Stifel Nicolaus upped their price target on shares of B2Gold from C$6.00 to C$6.50 in a research report on Monday, October 21st. Finally, Cibc World Mkts downgraded shares of B2Gold from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, September 24th. Three equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of C$5.66.

B2Gold Stock Performance

TSE:BTO opened at C$3.77 on Thursday. The firm has a 50-day moving average price of C$3.89 and a two-hundred day moving average price of C$3.97. The company has a market capitalization of C$4.94 billion, a P/E ratio of -22.18, a price-to-earnings-growth ratio of -0.27 and a beta of 1.23. B2Gold has a twelve month low of C$3.18 and a twelve month high of C$4.84. The company has a current ratio of 2.93, a quick ratio of 3.33 and a debt-to-equity ratio of 1.05.

Insider Buying and Selling

In related news, Senior Officer Randall Chatwin acquired 10,153 shares of the stock in a transaction that occurred on Thursday, December 19th. The stock was purchased at an average cost of C$3.51 per share, for a total transaction of C$35,637.03. 0.66% of the stock is currently owned by company insiders.

B2Gold Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, December 12th. Shareholders of record on Thursday, December 12th were paid a dividend of $0.054 per share. This represents a $0.22 annualized dividend and a yield of 5.73%. The ex-dividend date was Monday, December 2nd. B2Gold’s payout ratio is currently -129.41%.

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.