What is Stifel Canada's Forecast for B2Gold Q1 Earnings?

B2Gold Corp. (NYSE:BTG - Free Report) - Analysts at Stifel Canada issued their Q1 2025 earnings estimates for shares of B2Gold in a report issued on Monday, April 21st. Stifel Canada analyst I. Rico expects that the company will post earnings per share of $0.09 for the quarter. The consensus estimate for B2Gold's current full-year earnings is $0.40 per share.

A number of other research firms have also commented on BTG. Cormark raised shares of B2Gold from a "hold" rating to a "moderate buy" rating in a research note on Tuesday. CIBC upped their target price on B2Gold from $3.30 to $3.60 and gave the company a "neutral" rating in a report on Thursday, March 20th. National Bankshares restated an "outperform" rating on shares of B2Gold in a report on Wednesday, April 2nd. Raymond James reaffirmed an "outperform" rating and set a $4.50 price objective on shares of B2Gold in a research report on Friday, April 4th. Finally, TD Securities downgraded shares of B2Gold from a "buy" rating to a "hold" rating in a research report on Tuesday, February 4th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, B2Gold has a consensus rating of "Hold" and an average target price of $4.21.

B2Gold Price Performance

Shares of BTG traded down $0.07 during trading hours on Tuesday, hitting $3.08. 57,354,333 shares of the company were exchanged, compared to its average volume of 21,723,369. B2Gold has a one year low of $2.20 and a one year high of $3.51. The company has a market capitalization of $4.07 billion, a PE ratio of -6.42, a PEG ratio of 0.33 and a beta of 0.93. 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 firm has a fifty day simple moving average of $2.96 and a 200-day simple moving average of $2.83.

B2Gold Cuts Dividend

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

Institutional Investors Weigh In On B2Gold

Several institutional investors and hedge funds have recently modified their holdings of the business. Geode Capital Management LLC raised its holdings in B2Gold by 46.7% during the third quarter. Geode Capital Management LLC now owns 2,075,521 shares of the company's stock valued at $7,544,000 after buying an additional 661,107 shares in the last quarter. Alliancebernstein L.P. lifted its holdings in B2Gold by 20.4% in the 4th quarter. Alliancebernstein L.P. now owns 163,503 shares of the company's stock worth $399,000 after purchasing an additional 27,720 shares during the last quarter. JPMorgan Chase & Co. boosted its position in B2Gold by 525.1% during the third quarter. JPMorgan Chase & Co. now owns 517,575 shares of the company's stock worth $1,594,000 after purchasing an additional 434,775 shares during the period. Barclays PLC boosted its position in B2Gold by 23.7% during the third quarter. Barclays PLC now owns 910,558 shares of the company's stock worth $2,804,000 after purchasing an additional 174,477 shares during the period. Finally, Vanguard Group Inc. grew its holdings in B2Gold by 2.2% during the fourth quarter. Vanguard Group Inc. now owns 53,010,477 shares of the company's stock valued at $129,823,000 after purchasing an additional 1,165,204 shares during the last quarter. Institutional investors and hedge funds own 61.40% of the company's stock.

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.