Cormark Issues Pessimistic Estimate for B2Gold Earnings

B2Gold Corp. (NYSE:BTG) – Equities research analysts at Cormark reduced their Q3 2025 earnings estimates for B2Gold in a research note issued to investors on Wednesday, February 5th. Cormark analyst R. Gray now expects that the company will post earnings of $0.12 per share for the quarter, down from their prior forecast of $0.13. The consensus estimate for B2Gold’s current full-year earnings is $0.21 per share.

A number of other equities research analysts also recently commented on BTG. StockNews.com downgraded B2Gold from a “buy” rating to a “hold” rating in a report on Friday, November 8th. Bank of America cut shares of B2Gold from a “buy” rating to an “underperform” rating in a research note on Tuesday, January 14th. TD Securities lowered shares of B2Gold from a “buy” rating to a “hold” rating in a research report on Tuesday. Finally, CIBC reduced their price target on shares of B2Gold from $3.70 to $3.30 and set a “neutral” rating for the company in a research report on Wednesday, January 15th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat, B2Gold has a consensus rating of “Hold” and a consensus price target of $4.02.

B2Gold Stock Up 1.6 %

BTG opened at $2.53 on Thursday. The business has a 50 day simple moving average of $2.53 and a 200-day simple moving average of $2.83. B2Gold has a 12 month low of $2.20 and a 12 month high of $3.50. The stock has a market capitalization of $3.33 billion, a P/E ratio of -4.52, a P/E/G ratio of 0.27 and a beta of 1.10. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.83 and a quick ratio of 1.08.

B2Gold (NYSE:BTG) last released its earnings results on Wednesday, November 6th. The company reported $0.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.05 by ($0.03). The business had revenue of $448.23 million for the quarter, compared to analyst estimates of $449.28 million. B2Gold had a positive return on equity of 7.53% and a negative net margin of 38.42%. The business’s revenue for the quarter was down 6.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.05 EPS.

Hedge Funds Weigh In On B2Gold

Several hedge funds have recently added to or reduced their stakes in the business. Van ECK Associates Corp lifted its holdings in shares of B2Gold by 40.6% in the third quarter. Van ECK Associates Corp now owns 166,079,133 shares of the company’s stock valued at $566,312,000 after purchasing an additional 47,967,010 shares in the last quarter. Two Sigma Advisers LP lifted its stake in B2Gold by 66.9% in the 3rd quarter. Two Sigma Advisers LP now owns 17,875,880 shares of the company’s stock valued at $55,058,000 after buying an additional 7,165,600 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. lifted its stake in B2Gold by 69.5% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 11,596,488 shares of the company’s stock valued at $35,837,000 after buying an additional 4,754,500 shares in the last quarter. Amundi grew its holdings in B2Gold by 37.4% during the 4th quarter. Amundi now owns 8,139,040 shares of the company’s stock valued at $21,243,000 after buying an additional 2,215,319 shares during the last quarter. Finally, Quadrature Capital Ltd purchased a new position in B2Gold during the third quarter worth $5,113,000. 61.40% of the stock is currently owned by hedge funds and other institutional investors.

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.