Cormark Weighs in on B2Gold’s FY2025 Earnings (NYSE:BTG)

B2Gold Corp. (NYSE:BTGFree Report) – Cormark boosted their FY2025 earnings per share estimates for B2Gold in a report issued on Friday, November 7th. Cormark analyst R. Gray now forecasts that the company will post earnings of $0.62 per share for the year, up from their prior forecast of $0.58. Cormark currently has a “Hold” rating on the stock. The consensus estimate for B2Gold’s current full-year earnings is $0.40 per share. Cormark also issued estimates for B2Gold’s Q4 2025 earnings at $0.26 EPS.

Several other research analysts have also weighed in on BTG. Raymond James Financial upped their target price on shares of B2Gold from $4.75 to $6.00 and gave the stock an “outperform” rating in a research report on Friday, October 10th. Scotiabank reissued a “sector perform” rating on shares of B2Gold in a research note on Thursday, October 23rd. Zacks Research downgraded B2Gold from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, August 13th. National Bankshares reaffirmed an “outperform” rating on shares of B2Gold in a report on Wednesday, July 16th. Finally, CIBC boosted their target price on B2Gold from $4.50 to $6.50 and gave the stock a “neutral” rating in a research report on Friday, October 10th. Two research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $6.25.

Read Our Latest Report on BTG

B2Gold Stock Performance

Shares of BTG opened at $4.11 on Monday. 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 has a 52-week low of $2.20 and a 52-week high of $5.94. The company has a 50-day simple moving average of $4.76 and a 200-day simple moving average of $3.96. The company has a market capitalization of $5.46 billion, a PE ratio of -8.56, a P/E/G ratio of 0.33 and a beta of 0.44.

B2Gold (NYSE:BTGGet Free Report) last released its earnings results on Wednesday, November 5th. The company reported $0.14 EPS for the quarter, beating analysts’ consensus estimates of $0.13 by $0.01. B2Gold had a positive return on equity of 5.65% and a negative net margin of 33.12%.The company’s quarterly revenue was up 74.7% compared to the same quarter last year. During the same period in the prior year, the company earned $0.02 earnings per share.

Institutional Investors Weigh In On B2Gold

Several hedge funds have recently modified their holdings of BTG. CIBC Asset Management Inc grew its stake in B2Gold by 0.3% in the 3rd quarter. CIBC Asset Management Inc now owns 1,261,867 shares of the company’s stock worth $6,231,000 after acquiring an additional 3,640 shares during the period. Ashton Thomas Private Wealth LLC lifted its holdings in shares of B2Gold by 2.2% during the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 204,170 shares of the company’s stock worth $1,010,000 after acquiring an additional 4,429 shares during the period. Rathbones Group PLC boosted its position in shares of B2Gold by 5.9% in the first quarter. Rathbones Group PLC now owns 83,160 shares of the company’s stock worth $236,000 after acquiring an additional 4,623 shares during the last quarter. Jones Financial Companies Lllp grew its holdings in B2Gold by 47.3% in the third quarter. Jones Financial Companies Lllp now owns 16,061 shares of the company’s stock valued at $79,000 after purchasing an additional 5,160 shares during the period. Finally, Mondrian Investment Partners LTD purchased a new stake in B2Gold in the third quarter valued at approximately $31,000. 61.40% of the stock is owned by institutional investors and hedge funds.

B2Gold Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, December 15th. Investors of record on Tuesday, December 2nd will be paid a $0.02 dividend. The ex-dividend date of this dividend is Tuesday, December 2nd. This represents a $0.08 annualized dividend and a yield of 1.9%. B2Gold’s payout ratio is presently 57.14%.

About B2Gold

(Get Free Report)

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.

See Also

Earnings History and Estimates for B2Gold (NYSE:BTG)

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