Cormark Forecasts B2Gold's Q1 Earnings (NYSE:BTG)

B2Gold Corp. (NYSE:BTG - Free Report) - Cormark issued their Q1 2025 earnings per share (EPS) estimates for shares of B2Gold in a report released on Wednesday, January 15th. Cormark analyst R. Gray anticipates that the company will post earnings per share of $0.07 for the quarter. The consensus estimate for B2Gold's current full-year earnings is $0.23 per share. Cormark also issued estimates for B2Gold's Q2 2025 earnings at $0.06 EPS, Q3 2025 earnings at $0.13 EPS, Q4 2025 earnings at $0.18 EPS and FY2026 earnings at $0.41 EPS.

Other equities research analysts also recently issued research reports about the company. Bank of America downgraded B2Gold from a "buy" rating to an "underperform" rating in a research report on Tuesday. CIBC lowered their price target on B2Gold from $3.70 to $3.30 and set a "neutral" rating on the stock in a report on Wednesday. Jefferies Financial Group upped their price objective on shares of B2Gold from $4.00 to $5.00 and gave the stock a "buy" rating in a research report on Friday, October 4th. Cibc World Mkts lowered shares of B2Gold from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, September 24th. Finally, StockNews.com lowered B2Gold from a "buy" rating to a "hold" rating in a research note on Friday, November 8th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and one has issued a buy rating to the company's stock. According to MarketBeat.com, B2Gold currently has an average rating of "Hold" and a consensus target price of $4.02.

B2Gold Price Performance

NYSE:BTG traded up $0.01 during trading hours on Friday, hitting $2.39. The stock had a trading volume of 16,133,444 shares, compared to its average volume of 16,812,906. The company has a 50 day simple moving average of $2.64 and a two-hundred day simple moving average of $2.88. The firm has a market capitalization of $3.14 billion, a price-to-earnings ratio of -4.27, a P/E/G ratio of 0.26 and a beta of 1.09. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.83 and a quick ratio of 1.08. B2Gold has a one year low of $2.32 and a one year high of $3.50.

B2Gold (NYSE:BTG - Get Free Report) last released its quarterly earnings data on Wednesday, November 6th. The company reported $0.02 EPS for the quarter, missing analysts' consensus estimates of $0.05 by ($0.03). The firm had revenue of $448.23 million during the quarter, compared to the consensus estimate of $449.28 million. B2Gold had a negative net margin of 38.42% and a positive return on equity of 7.53%. B2Gold's revenue was down 6.2% compared to the same quarter last year. During the same quarter last year, the business posted $0.05 earnings per share.

Institutional Investors Weigh In On B2Gold

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in BTG. JPMorgan Chase & Co. increased its position in shares of B2Gold by 525.1% in the third quarter. JPMorgan Chase & Co. now owns 517,575 shares of the company's stock valued at $1,594,000 after acquiring an additional 434,775 shares during the period. Sanctuary Advisors LLC bought a new stake in shares of B2Gold in the third quarter worth about $50,000. Virtu Financial LLC increased its holdings in B2Gold by 26.8% during the 3rd 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. Old West Investment Management LLC bought a new position in B2Gold during the 3rd quarter valued at approximately $670,000. Finally, Toronto Dominion Bank lifted its holdings in B2Gold by 6.7% in the 3rd quarter. Toronto Dominion Bank now owns 530,740 shares of the company's stock worth $1,635,000 after buying an additional 33,194 shares during the period. 61.40% of the stock is currently owned by institutional investors.

B2Gold Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, December 12th. Stockholders of record on Monday, December 2nd were issued a $0.04 dividend. This represents a $0.16 annualized dividend and a dividend yield of 6.69%. The ex-dividend date of this dividend was Monday, December 2nd. B2Gold's dividend payout ratio is -28.57%.

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.