National Bank Financial Comments on B2Gold FY2025 Earnings

B2Gold Corp. (NYSE:BTG) – Investment analysts at National Bank Financial raised their FY2025 EPS estimates for B2Gold in a report issued on Tuesday, July 15th. National Bank Financial analyst D. Demarco now anticipates that the company will post earnings of $0.78 per share for the year, up from their previous forecast of $0.56. The consensus estimate for B2Gold’s current full-year earnings is $0.40 per share. National Bank Financial also issued estimates for B2Gold’s FY2026 earnings at $0.83 EPS.

Several other equities analysts have also commented on BTG. National Bankshares reissued an “outperform” rating on shares of B2Gold in a research report on Wednesday. Raymond James Financial raised B2Gold to a “moderate buy” rating and set a $4.50 price objective for the company in a research report on Monday, June 30th. Wall Street Zen raised B2Gold from a “hold” rating to a “buy” rating in a research report on Thursday, May 8th. Scotiabank raised B2Gold from a “hold” rating to a “strong-buy” rating in a research report on Monday, April 14th. Finally, Cormark raised B2Gold from a “hold” rating to a “moderate buy” rating in a research report on Tuesday, April 22nd. One analyst has rated the stock with a sell rating, four have assigned a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $4.31.

B2Gold Stock Performance

NYSE:BTG opened at $3.33 on Friday. The stock has a market cap of $4.41 billion, a P/E ratio of -6.94, a price-to-earnings-growth ratio of 0.33 and a beta of 0.45. The firm’s fifty day simple moving average is $3.47 and its 200 day simple moving average is $3.03. B2Gold has a twelve month low of $2.20 and a twelve month high of $3.83. 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 (NYSE:BTG) last released its quarterly earnings results on Wednesday, May 7th. The company reported $0.09 earnings per share for the quarter, beating the consensus estimate of $0.08 by $0.01. B2Gold had a negative net margin of 33.12% and a positive return on equity of 5.65%. The company’s revenue for the quarter was up 15.3% on a year-over-year basis. During the same period in the previous year, the company earned $0.06 EPS.

Hedge Funds Weigh In On B2Gold

Several large investors have recently modified their holdings of the stock. Pale Fire Capital SE raised its position in shares of B2Gold by 23.7% in the 1st quarter. Pale Fire Capital SE now owns 64,838,409 shares of the company’s stock worth $184,789,000 after purchasing an additional 12,419,383 shares during the last quarter. Vanguard Group Inc. raised its position in shares of B2Gold by 2.1% in the 1st quarter. Vanguard Group Inc. now owns 54,099,978 shares of the company’s stock worth $153,752,000 after purchasing an additional 1,089,501 shares during the last quarter. Renaissance Technologies LLC raised its position in shares of B2Gold by 1.0% in the 4th quarter. Renaissance Technologies LLC now owns 27,186,655 shares of the company’s stock worth $66,335,000 after purchasing an additional 272,300 shares during the last quarter. American Century Companies Inc. raised its position in shares of B2Gold by 17.1% in the 1st quarter. American Century Companies Inc. now owns 26,524,336 shares of the company’s stock worth $75,435,000 after purchasing an additional 3,865,565 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its position in shares of B2Gold by 0.5% in the 4th quarter. Dimensional Fund Advisors LP now owns 24,389,363 shares of the company’s stock worth $59,510,000 after purchasing an additional 130,638 shares during the last quarter. Hedge funds and other institutional investors own 61.40% of the company’s stock.

B2Gold Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 24th. Stockholders of record on Wednesday, June 11th were given a $0.02 dividend. This represents a $0.08 annualized dividend and a dividend yield of 2.40%. The ex-dividend date was Wednesday, June 11th. B2Gold’s dividend payout ratio is presently -17.02%.

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.