Cormark Issues Positive Estimate for B2Gold Earnings

B2Gold Corp. (NYSE:BTG) – Research analysts at Cormark lifted their Q1 2025 earnings estimates for shares of B2Gold in a research report issued to clients and investors on Monday, March 31st. Cormark analyst R. Gray now expects that the company will earn $0.09 per share for the quarter, up from their previous forecast of $0.06. 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 FY2026 earnings at $0.14 EPS.

A number of other research firms have also commented on BTG. TD Securities lowered B2Gold from a “buy” rating to a “hold” rating in a research note on Tuesday, February 4th. CIBC boosted their target price on shares of B2Gold from $3.30 to $3.60 and gave the stock a “neutral” rating in a research report on Thursday, March 20th. Finally, Bank of America downgraded shares of B2Gold from a “buy” rating to an “underperform” rating in a report on Tuesday, January 14th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and one has issued a buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $4.12.

B2Gold Stock Up 1.8 %

BTG opened at $2.90 on Wednesday. The firm has a market cap of $3.82 billion, a P/E ratio of -6.04, a price-to-earnings-growth ratio of 0.33 and a beta of 1.09. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.08 and a current ratio of 1.83. The business has a 50 day moving average price of $2.73 and a 200 day moving average price of $2.84. B2Gold has a twelve month low of $2.20 and a twelve month high of $3.50.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in BTG. Cantor Fitzgerald L. P. bought a new stake in B2Gold in the fourth quarter valued at approximately $25,000. Groupama Asset Managment bought a new stake in shares of B2Gold in the 4th quarter valued at $29,000. Schonfeld Strategic Advisors LLC acquired a new stake in B2Gold during the 4th quarter worth $30,000. Signaturefd LLC lifted its holdings in B2Gold by 176.1% during the fourth quarter. Signaturefd LLC now owns 12,935 shares of the company’s stock worth $32,000 after acquiring an additional 8,250 shares in the last quarter. Finally, Flow Traders U.S. LLC acquired a new position in B2Gold in the third quarter valued at about $35,000. Institutional investors and hedge funds own 61.40% of the company’s stock.

B2Gold Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 20th. Shareholders of record on Friday, March 7th were paid a $0.02 dividend. The ex-dividend date of this dividend was Friday, March 7th. This represents a $0.08 dividend on an annualized basis and a yield of 2.76%. B2Gold’s payout ratio is presently -16.67%.

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.