B2Gold Corp. to Post Q3 2021 Earnings of $0.13 Per Share, Pi Financial Forecasts (NYSEAMERICAN:BTG)

B2Gold Corp. (NYSEAMERICAN:BTG) (TSE:BTO) – Pi Financial issued their Q3 2021 earnings estimates for shares of B2Gold in a research note issued to investors on Thursday, October 21st. Pi Financial analyst C. Thompson forecasts that the basic materials company will post earnings of $0.13 per share for the quarter.

A number of other analysts have also recently issued reports on BTG. Raymond James cut their price objective on B2Gold from $7.00 to $6.50 and set an “outperform” rating for the company in a research report on Wednesday, October 13th. Royal Bank of Canada set a $5.75 price target on B2Gold and gave the company a “sector perform” rating in a research note on Thursday, August 5th. National Bankshares decreased their price target on B2Gold from C$9.00 to C$8.00 and set an “outperform” rating on the stock in a research note on Friday, September 10th. Stifel Nicolaus cut their price objective on B2Gold from C$10.00 to C$9.50 and set a “buy” rating on the stock in a report on Wednesday, July 14th. Finally, National Bank Financial cut their target price on B2Gold from C$9.25 to C$9.00 and set an “outperform” rating on the stock in a report on Friday, August 6th. One research analyst has rated the stock with a sell rating, two have given a hold rating and nine have assigned a buy rating to the company’s stock. According to MarketBeat.com, B2Gold has a consensus rating of “Buy” and a consensus price target of $8.10.

NYSEAMERICAN:BTG opened at $4.49 on Monday. B2Gold has a 52-week low of $3.30 and a 52-week high of $7.08. The company has a quick ratio of 2.73, a current ratio of 4.29 and a debt-to-equity ratio of 0.02. The stock has a market cap of $4.74 billion, a P/E ratio of 8.02, a PEG ratio of 1.16 and a beta of 0.82.

B2Gold (NYSEAMERICAN:BTG) (TSE:BTO) last released its quarterly earnings data on Tuesday, August 3rd. The basic materials company reported $0.05 EPS for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.02). B2Gold had a net margin of 34.95% and a return on equity of 17.16%. The company had revenue of $362.99 million during the quarter, compared to the consensus estimate of $362.93 million.

Several institutional investors have recently added to or reduced their stakes in BTG. Assenagon Asset Management S.A. bought a new position in B2Gold in the third quarter valued at $36,000. Strategic Wealth Advisors Group LLC bought a new position in B2Gold in the second quarter valued at $42,000. Thrivent Financial for Lutherans bought a new position in B2Gold in the second quarter valued at $47,000. Inscription Capital LLC bought a new position in B2Gold in the first quarter valued at $55,000. Finally, BSW Wealth Partners bought a new position in shares of B2Gold during the second quarter valued at about $55,000. 53.33% of the stock is currently owned by hedge funds and other institutional investors.

The company also recently declared a dividend, which was paid on Wednesday, September 29th. Stockholders of record on Wednesday, September 22nd were issued a $0.04 dividend. The ex-dividend date was Tuesday, September 21st. This represents a dividend yield of 4.18%. B2Gold’s payout ratio is currently 32.65%.

About B2Gold

B2Gold Corp. is an exploration company, which engages in the acquisition and development of mineral properties. It operates through the following segments: Fekola Mine, Otjikoto Mine, Masbate Mine, Libertad Mine, and Limon Mine. The company was founded by Mark Anthony Corra, Thomas A. Garagan, Clive Thomas Johnson and Roger Thomas Richer on November 30, 2006 and is headquartered in Vancouver, Canada.

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Earnings History and Estimates for B2Gold (NYSEAMERICAN:BTG)

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