Scotiabank Has Bullish Estimate for B2Gold FY2026 Earnings

B2Gold Corp (NYSEAMERICAN:BTG) (TSE:BTO) – Stock analysts at Scotiabank boosted their FY2026 earnings per share (EPS) estimates for B2Gold in a research note issued to investors on Wednesday, July 15th. Scotiabank analyst O. Habib now anticipates that the basic materials company will post earnings per share of $0.44 for the year, up from their prior estimate of $0.43. The consensus estimate for B2Gold’s current full-year earnings is $0.62 per share.

B2Gold (NYSEAMERICAN:BTG) (TSE:BTO) last announced its quarterly earnings data on Wednesday, May 6th. The basic materials company reported $0.19 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.11 by $0.08. The firm had revenue of $1.16 billion during the quarter, compared to the consensus estimate of $893.41 million. B2Gold had a return on equity of 21.36% and a net margin of 14.91%.The business’s revenue for the quarter was up 117.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.09 EPS.

Several other brokerages have also commented on BTG. Jefferies Financial Group lowered their price objective on shares of B2Gold from $7.00 to $6.00 and set a “buy” rating on the stock in a research report on Monday, July 6th. Royal Bank Of Canada lowered their price target on shares of B2Gold from $5.75 to $5.00 and set a “sector perform” rating on the stock in a report on Thursday, July 9th. One analyst has rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $5.50.

B2Gold Price Performance

Shares of NYSEAMERICAN:BTG opened at $3.66 on Friday. The company has a market capitalization of $4.84 billion, a P/E ratio of 10.17, a price-to-earnings-growth ratio of 0.30 and a beta of 0.66. The company’s 50-day moving average is $4.34 and its 200 day moving average is $4.72. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.59 and a current ratio of 1.19. B2Gold has a fifty-two week low of $3.31 and a fifty-two week high of $6.28.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of BTG. StoneX Group Inc. grew its stake in B2Gold by 2.1% in the 4th quarter. StoneX Group Inc. now owns 118,518 shares of the basic materials company’s stock valued at $535,000 after buying an additional 2,490 shares in the last quarter. Themes Management Co LLC lifted its position in shares of B2Gold by 1.2% during the first quarter. Themes Management Co LLC now owns 230,260 shares of the basic materials company’s stock worth $1,046,000 after acquiring an additional 2,641 shares in the last quarter. Concurrent Investment Advisors LLC boosted its holdings in shares of B2Gold by 17.5% in the fourth quarter. Concurrent Investment Advisors LLC now owns 26,079 shares of the basic materials company’s stock worth $118,000 after acquiring an additional 3,888 shares during the period. SBI Securities Co. Ltd. boosted its holdings in shares of B2Gold by 17.5% in the fourth quarter. SBI Securities Co. Ltd. now owns 28,432 shares of the basic materials company’s stock worth $128,000 after acquiring an additional 4,236 shares during the period. Finally, Advyzon Investment Management LLC grew its position in shares of B2Gold by 12.6% in the fourth quarter. Advyzon Investment Management LLC now owns 52,209 shares of the basic materials company’s stock valued at $235,000 after purchasing an additional 5,842 shares in the last quarter. 61.40% of the stock is owned by institutional investors.

About B2Gold

B2Gold Corp. is a Canadian-based intermediate gold producer with a diversified portfolio of operating mines and advanced-stage development projects. Founded in 2007 through the merger of Bema Gold and CGA Mining, the company has grown to become one of the world’s largest new gold producers. Headquartered in Vancouver, British Columbia, B2Gold focuses on efficient, low-cost operations across several continents, combining exploration, development and production within a single strategic framework.

The company’s flagship assets include the Fekola mine in Mali, which commenced production in 2017, the Otjikoto mine in Namibia, and the Masbate mine in the Philippines.