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

B2Gold Corp. (NYSE:BTG - Free Report) - Cormark lowered their Q3 2025 earnings per share (EPS) estimates for B2Gold in a research report issued on Monday, March 31st. Cormark analyst R. Gray now anticipates that the company will post earnings of $0.09 per share for the quarter, down from their previous forecast of $0.11. Cormark has a "Hold" rating on the stock. The consensus estimate for B2Gold's current full-year earnings is $0.40 per share. Cormark also issued estimates for B2Gold's Q4 2025 earnings at $0.11 EPS, FY2025 earnings at $0.35 EPS, FY2027 earnings at $0.36 EPS, FY2028 earnings at $0.46 EPS and FY2029 earnings at $0.51 EPS.

Several other equities analysts have also issued reports on the company. Bank of America lowered B2Gold from a "buy" rating to an "underperform" rating in a research report on Tuesday, January 14th. CIBC upped their price objective on shares of B2Gold from $3.30 to $3.60 and gave the company a "neutral" rating in a research note on Thursday, March 20th. Finally, TD Securities downgraded B2Gold from a "buy" rating to a "hold" rating in a report on Tuesday, February 4th. One 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's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of $4.12.

B2Gold Trading Down 9.2 %

Shares of BTG stock traded down $0.27 on Tuesday, hitting $2.65. 47,393,339 shares of the company's stock traded hands, compared to its average volume of 19,186,609. The company's fifty day simple moving average is $2.76 and its 200 day simple moving average is $2.83. B2Gold has a one year low of $2.20 and a one year high of $3.50. The stock has a market capitalization of $3.50 billion, a price-to-earnings ratio of -5.52, a P/E/G ratio of 0.33 and a beta of 0.93. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.08 and a current ratio of 1.83.

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Hedge Funds Weigh In On B2Gold

Several hedge funds and other institutional investors have recently modified their holdings of BTG. PKO Investment Management Joint Stock Co bought a new stake in B2Gold during the 4th quarter valued at approximately $1,516,000. Mackenzie Financial Corp lifted its stake in shares of B2Gold by 56.7% in the 4th quarter. Mackenzie Financial Corp now owns 1,019,331 shares of the company's stock valued at $2,501,000 after purchasing an additional 368,961 shares during the period. Towarzystwo Funduszy Inwestycyjnych Allianz Polska S.A. bought a new stake in shares of B2Gold during the fourth quarter valued at approximately $276,000. Vident Advisory LLC grew its stake in B2Gold by 17.0% in the fourth quarter. Vident Advisory LLC now owns 315,546 shares of the company's stock worth $770,000 after purchasing an additional 45,915 shares during the period. Finally, Two Sigma Advisers LP grew its stake in B2Gold by 15.7% in the fourth quarter. Two Sigma Advisers LP now owns 20,675,400 shares of the company's stock worth $50,448,000 after purchasing an additional 2,799,520 shares during the period. Hedge funds and other institutional investors own 61.40% of the company's stock.

B2Gold Cuts Dividend

The business also recently announced 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. This represents a $0.08 dividend on an annualized basis and a dividend yield of 3.02%. The ex-dividend date of this dividend was Friday, March 7th. B2Gold's payout ratio is -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.