Q1 Earnings Forecast for B2Gold Issued By Cormark (TSE:BTO)

B2Gold Corp. (TSE:BTO - Free Report) NYSE: BTG - Investment analysts at Cormark reduced their Q1 2025 earnings per share (EPS) estimates for shares of B2Gold in a report released on Tuesday, April 22nd. Cormark analyst R. Gray now forecasts that the company will earn $0.10 per share for the quarter, down from their previous forecast of $0.13. Cormark has a "Moderate Buy" rating on the stock. The consensus estimate for B2Gold's current full-year earnings is $0.56 per share.

Several other brokerages have also recently issued reports on BTO. Scotiabank raised shares of B2Gold from a "hold" rating to a "strong-buy" rating in a research note on Monday, April 14th. BMO Capital Markets cut their price target on shares of B2Gold from C$7.00 to C$6.50 in a report on Monday, March 31st. TD Securities lowered B2Gold from a "strong-buy" rating to a "hold" rating in a report on Tuesday, February 4th. Stifel Nicolaus increased their target price on B2Gold from C$6.50 to C$7.50 in a research note on Monday, April 21st. Finally, Bank of America cut B2Gold from a "buy" rating to an "underperform" rating in a report on Tuesday, January 14th. One research analyst has rated the stock with a sell rating, two have issued a hold rating, three have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of C$5.93.

B2Gold Stock Performance

Shares of TSE:BTO traded down C$0.09 during trading on Thursday, reaching C$4.27. The company had a trading volume of 2,034,329 shares, compared to its average volume of 3,921,251. The company has a debt-to-equity ratio of 7.51, a current ratio of 1.83 and a quick ratio of 3.33. The stock's fifty day moving average price is C$4.21 and its 200 day moving average price is C$4.00. B2Gold has a fifty-two week low of C$3.16 and a fifty-two week high of C$4.88. The firm has a market capitalization of C$3.95 billion, a price-to-earnings ratio of -4.92, a price-to-earnings-growth ratio of -0.27 and a beta of 1.23.

Insiders Place Their Bets

In other news, Senior Officer Randall Chatwin sold 30,150 shares of the business's stock in a transaction on Wednesday, April 2nd. The stock was sold at an average price of C$4.17, for a total value of C$125,725.50. Also, Director Jerry Korpan sold 120,000 shares of the company's stock in a transaction 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. Over the last ninety days, insiders have sold 535,145 shares of company stock worth $2,191,177. 0.66% of the stock is owned by corporate insiders.

B2Gold Cuts Dividend

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

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.