B2Gold (BTG) Stock Price, News & Analysis

Company Overview

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. In addition, it has a portfolio of other evaluation and exploration assets in Mali and Finland. The company was incorporated in 2006 and is headquartered in Vancouver, Canada.

Key Stats

• Today's Range: $2.85 to $2.89
• 50-Day Range: $2.40 to $3.46
• 52-Week Range: $2.34 to $3.50
• Volume: 2.49 million shs
• Average Volume: 12.63 million shs
• Market Capitalization: $3.77 billion
• P/E Ratio: N/A
• Dividend Yield: 5.56%
• Price Target: $3.78
• Consensus Rating: Moderate Buy

B2Gold Stock Analysis - MarketRank™

B2Gold scored higher than 79% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

B2Gold has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

B2Gold has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 76.92%

Earnings Growth

Earnings for B2Gold are expected to grow by 76.92% in the coming year, from $0.26 to $0.46 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of B2Gold is -95.97, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of B2Gold is -95.97, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Growth Ratio

B2Gold has a PEG Ratio of 1.65. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

B2Gold has a P/B Ratio of 0.96. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.85% of the float of B2Gold has been sold short.

Short Interest Ratio / Days to Cover

B2Gold has a short interest ratio ("days to cover") of 1.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in B2Gold has recently increased by 7.44%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

B2Gold is a leading dividend payer. It pays a dividend yield of 5.52%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

B2Gold does not have a long track record of dividend growth.

Dividend Sustainability

Based on earnings estimates, B2Gold will have a dividend payout ratio of 34.78% next year. This indicates that B2Gold will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

1.85% of the float of B2Gold has been sold short.

Short Interest Ratio / Days to Cover

B2Gold has a short interest ratio ("days to cover") of 1.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in B2Gold has recently increased by 7.44%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 1.9 / 5
• News Sentiment: N/A

News Sentiment

B2Gold has a news sentiment score of 0.37. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.54 average news sentiment score of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 1 news article for B2Gold this week, compared to 4 articles on an average week.

Search Interest

Only 20 people have searched for BTG on MarketBeat in the last 30 days. This is a decrease of -26% compared to the previous 30 days.

MarketBeat Follows

3 people have added B2Gold to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, B2Gold insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 1.18% of the stock of B2Gold is held by insiders.

Percentage Held by Institutions

61.40% of the stock of B2Gold is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

BTG Stock Analysis - Frequently Asked Questions

How have BTG shares performed this year?

B2Gold's stock was trading at $3.07 on January 1st, 2024. Since then, BTG stock has decreased by 6.2% and is now trading at $2.88.
View the best growth stocks for 2024 here.

How were B2Gold's earnings last quarter?

B2Gold Corp. (NYSEAMERICAN:BTG) announced its quarterly earnings data on Tuesday, May, 7th. The basic materials company reported $0.06 EPS for the quarter, beating analysts' consensus estimates of $0.05 by $0.01. The company's quarterly revenue was down 2.6% on a year-over-year basis.

How do I buy shares of B2Gold?

Shares of BTG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of B2Gold own?

Based on aggregate information from My MarketBeat watchlists, some other companies that B2Gold investors own include B2Gold (BTO), Barrick Gold (GOLD), NVIDIA (NVDA), Kinross Gold (KGC), Alibaba Group (BABA), Meta Platforms (META) and Enterprise Products Partners (EPD).

Company Calendar

• Last Earnings: 5/07/2024
• Today: 11/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSEAMERICAN
• Sector: Basic Materials
• Industry: Gold & silver ores
• Sub-Industry: Precious Metals
• Current Symbol: NYSEAMERICAN:BTG
• Previous Symbol: NYSE:BTG
• CUSIP: N/A
• CIK: N/A
• Web: www.b2gold.com
• Phone: (604) 681-8371
• Fax: 604-681-6209
• Employees: 4,690
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $3.78
• High Stock Price Target: $4.50
• Low Stock Price Target: $3.50
• Potential Upside/Downside: +32.0%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 4 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.03)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 11.00
• P/E Growth: 1.65
• Net Income: $10.10 million
• Net Margins: -2.10%
• Pretax Margin: 14.23%
• Return on Equity: 8.05%
• Return on Assets: 6.47%

Debt

• Debt-to-Equity Ratio: 0.01
• Current Ratio: 2.99
• Quick Ratio: 1.97

Sales & Book Value

• Annual Sales: $1.93 billion
• Price / Sales: 1.93
• Cash Flow: $0.57 per share
• Price / Cash Flow: 5.04
• Book Value: $3.00 per share
• Price / Book: 0.95

Miscellaneous

• Outstanding Shares: 1,307,640,000
• Free Float: 1,292,208,000
• Market Cap: $3.74 billion
• Optionable: Not Optionable
• Beta: 1.10