Cormark Forecasts B2Gold’s FY2025 Earnings (NYSE:BTG)

B2Gold Corp. (NYSE:BTG) – Cormark decreased their FY2025 EPS estimates for B2Gold in a report issued on Monday, November 11th. Cormark analyst R. Gray now anticipates that the company will post earnings per share of $0.36 for the year, down from their prior forecast of $0.38. Cormark has a “Hold” rating on the stock. The consensus estimate for B2Gold’s current full-year earnings is $0.24 per share.

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

A number of other research analysts have also recently weighed in on the stock. Jefferies Financial Group lifted their price target on shares of B2Gold from $4.00 to $5.00 and gave the company a “buy” rating in a research report on Friday, October 4th. StockNews.com downgraded B2Gold from a “buy” rating to a “hold” rating in a report on Friday, November 8th. CIBC boosted their price objective on B2Gold from $3.30 to $3.60 and gave the stock a “neutral” rating in a research note on Tuesday, September 24th. Royal Bank of Canada reiterated a “sector perform” rating and issued a $3.75 target price on shares of B2Gold in a research note 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 company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $4.12.

B2Gold Price Performance

NYSE BTG opened at $2.68 on Thursday. The company has a 50-day moving average price of $3.16. The firm has a market cap of $3.51 billion, a price-to-earnings ratio of -4.78, a P/E/G ratio of 2.27 and a beta of 1.13. B2Gold has a 1-year low of $2.34 and a 1-year high of $3.50. The company has a quick ratio of 1.08, a current ratio of 1.83 and a debt-to-equity ratio of 0.07.

B2Gold Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 12th. Shareholders of record on Monday, December 2nd will be issued a dividend of $0.04 per share. The ex-dividend date of this dividend is Monday, December 2nd. This represents a $0.16 annualized dividend and a yield of 5.98%. B2Gold’s dividend payout ratio is presently -28.57%.

Institutional Trading of B2Gold

A number of hedge funds and other institutional investors have recently made changes to their positions in BTG. E&G Advisors LP acquired a new stake in shares of B2Gold in the 3rd quarter valued at about $31,000. Private Advisor Group LLC acquired a new position in shares of B2Gold in the 3rd quarter worth approximately $33,000. Flow Traders U.S. LLC acquired a new position in B2Gold in the third quarter worth $35,000. HighTower Advisors LLC bought a new stake in shares of B2Gold during the 3rd quarter valued at about $36,000. Finally, Continuum Advisory LLC bought a new position in shares of B2Gold during the second quarter valued at approximately $40,000. Institutional investors own 61.40% of the company’s stock.

B2Gold Company Profile

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.