Cormark Analysts Lift Earnings Estimates for B2Gold

B2Gold Corp. (NYSE:BTG) – Equities researchers at Cormark raised their Q1 2025 earnings per share estimates for B2Gold in a report released on Monday, March 31st. Cormark analyst R. Gray now forecasts that the company will post earnings per share of $0.09 for the quarter, up from their prior estimate of $0.06. Cormark 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.

Other equities analysts have also issued research reports about the company. TD Securities lowered B2Gold from a “buy” rating to a “hold” rating in a report on Tuesday, February 4th. Bank of America downgraded shares of B2Gold from a “buy” rating to an “underperform” rating in a research report on Tuesday, January 14th. Finally, CIBC lifted their price target on B2Gold from $3.30 to $3.60 and gave the company a “neutral” rating in a research note on Thursday, March 20th. 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.com, B2Gold currently has a consensus rating of “Hold” and an average target price of $4.12.

B2Gold Stock Up 1.8 %

B2Gold stock opened at $2.90 on Wednesday. B2Gold has a 1-year low of $2.20 and a 1-year high of $3.50. The stock has a market cap of $3.82 billion, a PE ratio of -6.04, a P/E/G ratio of 0.33 and a beta of 1.09. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.83 and a quick ratio of 1.08. The stock’s fifty day moving average is $2.73 and its two-hundred day moving average is $2.84.

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 issued a dividend of $0.02 per share. The ex-dividend date was Friday, March 7th. This represents a $0.08 annualized dividend and a yield of 2.76%. B2Gold’s dividend payout ratio is presently -16.67%.

Institutional Trading of B2Gold

Several hedge funds and other institutional investors have recently bought and sold shares of BTG. PKO Investment Management Joint Stock Co bought a new stake in B2Gold in the fourth quarter valued at $1,516,000. Mackenzie Financial Corp boosted its position in shares of B2Gold by 56.7% during the 4th quarter. Mackenzie Financial Corp now owns 1,019,331 shares of the company’s stock valued at $2,501,000 after purchasing an additional 368,961 shares in the last quarter. Towarzystwo Funduszy Inwestycyjnych Allianz Polska S.A. acquired a new position in B2Gold in the fourth quarter worth approximately $276,000. Vident Advisory LLC grew its holdings in shares of B2Gold by 17.0% in the 4th quarter. Vident Advisory LLC now owns 315,546 shares of the company’s stock worth $770,000 after acquiring an additional 45,915 shares during the last quarter. Finally, Two Sigma Advisers LP increased its stake in B2Gold by 15.7% in the 4th quarter. Two Sigma Advisers LP now owns 20,675,400 shares of the company’s stock worth $50,448,000 after purchasing an additional 2,799,520 shares in the last quarter. 61.40% of the stock is owned by 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.