Analysts Issue Forecasts for B2Gold Q1 Earnings

B2Gold Corp. (TSE:BTO - Free Report) NYSE: BTG - Equities research analysts at National Bank Financial issued their Q1 2025 earnings estimates for shares of B2Gold in a research report issued to clients and investors on Tuesday, April 22nd. National Bank Financial analyst D. Demarco forecasts that the company will earn $0.10 per share for the quarter. The consensus estimate for B2Gold's current full-year earnings is $0.56 per share.

Several other brokerages have also issued reports on BTO. BMO Capital Markets reduced their price objective on shares of B2Gold from C$7.00 to C$6.50 in a report on Monday, March 31st. Cormark raised B2Gold from a "hold" rating to a "moderate buy" rating in a research report on Tuesday. Scotiabank raised B2Gold from a "hold" rating to a "strong-buy" rating in a research note on Monday, April 14th. TD Securities lowered shares of B2Gold from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, February 4th. Finally, Bank of America downgraded shares of B2Gold from a "buy" rating to an "underperform" rating in a research note on Tuesday, January 14th. One analyst has rated the stock with a sell rating, two have given a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of C$5.93.

B2Gold Trading Down 2.1 %

B2Gold stock traded down C$0.09 during mid-day trading on Thursday, hitting C$4.27. The company's stock had a trading volume of 2,034,329 shares, compared to its average volume of 3,921,251. B2Gold has a 1 year low of C$3.16 and a 1 year high of C$4.88. The stock's fifty day moving average is C$4.21 and its two-hundred day moving average is C$4.00. The firm has a market capitalization of C$3.95 billion, a PE ratio of -4.92, a price-to-earnings-growth ratio of -0.27 and a beta of 1.23. The company has a current ratio of 1.83, a quick ratio of 3.33 and a debt-to-equity ratio of 7.51.

B2Gold Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 20th. Shareholders of record on Thursday, March 20th were given a $0.02 dividend. This represents a $0.08 dividend on an annualized basis and a dividend yield of 1.87%. The ex-dividend date of this dividend was Friday, March 7th. B2Gold's dividend payout ratio is presently -25.32%.

Insider Activity

In other B2Gold news, Director Jerry Korpan sold 120,000 shares of the stock in a transaction that occurred on Monday, April 14th. The shares were sold at an average price of C$4.63, for a total value of C$555,600.00. Also, Senior Officer Eduard Bartz sold 13,161 shares of the business's stock in a transaction that occurred on Tuesday, April 8th. The stock was sold at an average price of C$3.79, for a total transaction of C$49,880.19. Following the sale, the insider now owns 16 shares of the company's stock, valued at C$60.64. This represents a 99.88 % decrease in their position. In the last three months, insiders have sold 535,145 shares of company stock worth $2,191,177. 0.66% of the stock is currently owned by corporate insiders.

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.