Research Analysts Set Expectations for B2Gold Q1 Earnings

B2Gold Corp. (NYSE:BTG - Free Report) - Equities research analysts at Cormark lowered their Q1 2025 earnings per share estimates for B2Gold in a report released on Tuesday, April 22nd. Cormark analyst R. Gray now anticipates that the company will earn $0.07 per share for the quarter, down from their prior estimate of $0.09. Cormark has a "Moderate Buy" rating on the stock. The consensus estimate for B2Gold's current full-year earnings is $0.40 per share.

Other equities research analysts have also recently issued reports about the stock. TD Securities cut shares of B2Gold from a "buy" rating to a "hold" rating in a report on Tuesday, February 4th. National Bankshares reissued an "outperform" rating on shares of B2Gold in a report on Wednesday, April 2nd. Raymond James restated an "outperform" rating and issued a $4.50 target price on shares of B2Gold in a report on Friday, April 4th. Scotiabank upgraded B2Gold from a "hold" rating to a "strong-buy" rating in a report on Monday, April 14th. Finally, CIBC boosted their price objective on shares of B2Gold from $3.30 to $3.60 and gave the stock a "neutral" rating in a research note on Thursday, March 20th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating, three have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the company has a consensus rating of "Hold" and an average price target of $4.21.

B2Gold Stock Down 2.2 %

BTG stock traded down $0.07 during trading hours on Thursday, hitting $3.08. The company's stock had a trading volume of 57,354,333 shares, compared to its average volume of 21,812,754. The company has a market capitalization of $4.07 billion, a PE ratio of -6.42, a price-to-earnings-growth ratio of 0.33 and a beta of 0.93. The stock has a 50 day moving average price of $2.97 and a two-hundred day moving average price of $2.83. The company has a quick ratio of 1.08, a current ratio of 1.83 and a debt-to-equity ratio of 0.07. B2Gold has a 12 month low of $2.20 and a 12 month high of $3.51.

B2Gold Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 20th. Investors of record on Friday, March 7th were given a dividend of $0.02 per share. This represents a $0.08 dividend on an annualized basis and a yield of 2.60%. The ex-dividend date was Friday, March 7th. B2Gold's dividend payout ratio (DPR) is currently -16.67%.

Institutional Trading of B2Gold

A number of hedge funds have recently bought and sold shares of the stock. HighTower Advisors LLC bought a new stake in shares of B2Gold in the third quarter valued at about $36,000. Barclays PLC lifted its position in shares of B2Gold by 23.7% in the 3rd quarter. Barclays PLC now owns 910,558 shares of the company's stock worth $2,804,000 after acquiring an additional 174,477 shares during the period. Geode Capital Management LLC lifted its position in shares of B2Gold by 46.7% in the 3rd quarter. Geode Capital Management LLC now owns 2,075,521 shares of the company's stock worth $7,544,000 after acquiring an additional 661,107 shares during the period. Virtu Financial LLC increased its position in shares of B2Gold by 26.8% during the third quarter. Virtu Financial LLC now owns 105,206 shares of the company's stock valued at $324,000 after purchasing an additional 22,232 shares during the period. Finally, Sanctuary Advisors LLC acquired a new position in shares of B2Gold in the third quarter valued at $50,000. 61.40% of the stock is owned by institutional investors.

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.