National Bank Financial Raises Earnings Estimates for B2Gold

B2Gold Corp. (NYSE:BTG - Free Report) - Stock analysts at National Bank Financial lifted their FY2025 earnings estimates for B2Gold in a note issued to investors on Tuesday, April 22nd. National Bank Financial analyst D. Demarco now expects that the company will post earnings of $0.44 per share for the year, up from their prior forecast of $0.19. The consensus estimate for B2Gold's current full-year earnings is $0.40 per share. National Bank Financial also issued estimates for B2Gold's FY2026 earnings at $0.45 EPS.

Several other analysts have also issued reports on BTG. CIBC boosted their target price on B2Gold from $3.30 to $3.60 and gave the company a "neutral" rating in a research note on Thursday, March 20th. Raymond James restated an "outperform" rating and issued a $4.50 price objective on shares of B2Gold in a research note on Friday, April 4th. Bank of America lowered shares of B2Gold from a "buy" rating to an "underperform" rating in a research report on Tuesday, January 14th. Cormark raised shares of B2Gold from a "hold" rating to a "moderate buy" rating in a research report on Tuesday. Finally, Scotiabank raised shares of B2Gold from a "hold" rating to a "strong-buy" rating in a report on Monday, April 14th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating, three have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of $4.21.

B2Gold Trading Down 0.5 %

NYSE:BTG opened at $3.15 on Friday. The firm's 50 day moving average is $2.96 and its 200 day moving average is $2.83. B2Gold has a 12 month low of $2.20 and a 12 month high of $3.51. The stock has a market capitalization of $4.15 billion, a PE ratio of -6.55, a price-to-earnings-growth ratio of 0.33 and a beta of 0.93. The company has a current ratio of 1.83, a quick ratio of 1.08 and a debt-to-equity ratio of 0.07.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of BTG. Cantor Fitzgerald L. P. purchased a new stake in shares of B2Gold in the fourth quarter worth $25,000. Kercheville Advisors LLC purchased a new stake in shares of B2Gold in the 1st quarter valued at about $31,000. Walker Asset Management LLC bought a new stake in shares of B2Gold during the 1st quarter valued at about $32,000. HighTower Advisors LLC purchased a new position in shares of B2Gold during the third quarter worth about $36,000. Finally, Groupama Asset Managment purchased a new stake in B2Gold in the fourth quarter valued at approximately $29,000. 61.40% of the stock is owned by institutional investors.

B2Gold Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 20th. Shareholders of record on Friday, March 7th were paid a $0.02 dividend. This represents a $0.08 annualized dividend and a yield of 2.54%. The ex-dividend date of this dividend was Friday, March 7th. B2Gold's dividend payout ratio is presently -16.67%.

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.

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