Cormark Comments on B2Gold's Q3 Earnings (NYSE:BTG)

B2Gold Corp. (NYSE:BTG - Free Report) - Analysts at Cormark decreased their Q3 2025 earnings per share estimates for shares of B2Gold in a report issued 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 brokerages also recently issued reports on BTG. TD Securities downgraded B2Gold from a "buy" rating to a "hold" rating in a research report on Tuesday, February 4th. CIBC lowered their target price on B2Gold from $3.70 to $3.30 and set a "neutral" rating for the company in a report on Wednesday, January 15th. StockNews.com cut shares of B2Gold from a "buy" rating to a "hold" rating in a report on Friday, November 8th. Finally, Bank of America cut shares of B2Gold from a "buy" rating to an "underperform" rating in a research 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 given a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $4.02.

B2Gold Price Performance

BTG stock traded up $0.06 during trading on Thursday, hitting $2.59. 27,661,090 shares of the company's stock traded hands, compared to its average volume of 26,338,801. The business has a fifty day simple moving average of $2.52 and a 200 day simple moving average of $2.83. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.08 and a current ratio of 1.83. B2Gold has a 52 week low of $2.20 and a 52 week high of $3.50. The stock has a market capitalization of $3.41 billion, a price-to-earnings ratio of -4.62, a P/E/G ratio of 0.28 and a beta of 1.10.

Institutional Investors Weigh In On B2Gold

Hedge funds and other institutional investors have recently bought and sold shares of the company. Moors & Cabot Inc. raised its holdings in shares of B2Gold by 35.0% in the third quarter. Moors & Cabot Inc. now owns 13,500 shares of the company's stock worth $42,000 after buying an additional 3,500 shares during the last quarter. Creative Planning increased its holdings in B2Gold by 6.2% in the third quarter. Creative Planning now owns 82,324 shares of the company's stock valued at $254,000 after buying an additional 4,810 shares in the last quarter. Concurrent Investment Advisors LLC grew its stake in B2Gold by 24.7% in the 3rd quarter. Concurrent Investment Advisors LLC now owns 26,513 shares of the company's stock valued at $82,000 after acquiring an additional 5,257 shares during the period. HighTower Advisors LLC increased its stake in shares of B2Gold by 45.4% during the fourth quarter. HighTower Advisors LLC now owns 16,933 shares of the company's stock worth $41,000 after purchasing an additional 5,288 shares in the last quarter. Finally, Blue Trust Inc. raised its holdings in shares of B2Gold by 72.1% during the third quarter. Blue Trust Inc. now owns 13,755 shares of the company's stock valued at $42,000 after acquiring an additional 5,764 shares during the last quarter. Hedge funds and other institutional investors own 61.40% of the company's stock.

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.