Scotiabank Weighs in on B2Gold’s FY2025 Earnings (TSE:BTO)

B2Gold Corp. (TSE:BTO) (NYSE:BTG) – Research analysts at Scotiabank increased their FY2025 EPS estimates for shares of B2Gold in a report issued on Wednesday, January 8th. Scotiabank analyst O. Habib now expects that the company will post earnings per share of $0.38 for the year, up from their prior estimate of $0.37. The consensus estimate for B2Gold’s current full-year earnings is $0.56 per share.

Several other research firms have also weighed in on BTO. Cibc World Mkts lowered B2Gold from a “strong-buy” rating to a “hold” rating in a report on Tuesday, September 24th. Stifel Nicolaus increased their price objective on shares of B2Gold from C$6.00 to C$6.50 in a research note on Monday, October 21st. BMO Capital Markets dropped their target price on shares of B2Gold from C$6.50 to C$6.00 and set an “outperform” rating for the company in a report on Monday, September 16th. Finally, Cormark upped their price target on shares of B2Gold from C$4.25 to C$5.25 in a report on Monday, September 23rd. Three investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to data from MarketBeat.com, B2Gold currently has an average rating of “Moderate Buy” and an average price target of C$5.66.

B2Gold Stock Performance

BTO opened at C$3.74 on Thursday. B2Gold has a 1-year low of C$3.18 and a 1-year high of C$4.84. The stock has a market cap of C$4.90 billion, a P/E ratio of -22.00, a P/E/G ratio of -0.27 and a beta of 1.23. The stock’s 50 day simple moving average is C$3.85 and its 200 day simple moving average is C$3.97. The company has a debt-to-equity ratio of 1.05, a current ratio of 2.93 and a quick ratio of 3.33.

B2Gold Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, December 12th. Stockholders of record on Thursday, December 12th were given a $0.054 dividend. This represents a $0.22 dividend on an annualized basis and a dividend yield of 5.78%. The ex-dividend date of this dividend was Monday, December 2nd. B2Gold’s dividend payout ratio is presently -129.41%.

Insider Activity at B2Gold

In related news, Senior Officer Randall Chatwin acquired 10,153 shares of the stock in a transaction dated Thursday, December 19th. The stock was bought at an average cost of C$3.51 per share, with a total value of C$35,637.03. Insiders own 0.66% 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.