Stifel Canada Has Pessimistic View of B2Gold FY2025 Earnings

B2Gold Corp. (NYSE:BTG) – Analysts at Stifel Canada dropped their FY2025 EPS estimates for shares of B2Gold in a research report issued on Monday, November 10th. Stifel Canada analyst I. Rico now forecasts that the company will earn $0.53 per share for the year, down from their prior estimate of $0.59. The consensus estimate for B2Gold’s current full-year earnings is $0.40 per share.

B2Gold (NYSE:BTG) last announced its quarterly earnings results on Wednesday, November 5th. The company reported $0.14 EPS for the quarter, beating the consensus estimate of $0.13 by $0.01. B2Gold had a negative net margin of 33.12% and a positive return on equity of 5.65%. The business’s revenue was up 74.7% compared to the same quarter last year. During the same period in the prior year, the business posted $0.02 earnings per share.

Other research analysts have also issued research reports about the company. CIBC boosted their price objective on B2Gold from $4.50 to $6.50 and gave the stock a “neutral” rating in a report on Friday, October 10th. Cormark lowered shares of B2Gold from a “moderate buy” rating to a “hold” rating in a research report on Friday, November 7th. Zacks Research lowered shares of B2Gold from a “strong-buy” rating to a “hold” rating in a report on Wednesday, August 13th. Scotiabank restated a “sector perform” rating on shares of B2Gold in a research report on Thursday, October 23rd. Finally, Raymond James Financial upped their target price on shares of B2Gold from $4.75 to $6.00 and gave the stock an “outperform” rating in a research report on Friday, October 10th. Two equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $6.25.

B2Gold Price Performance

B2Gold stock opened at $4.11 on Wednesday. The stock has a market cap of $5.46 billion, a price-to-earnings ratio of -8.56, a PEG ratio of 0.33 and a beta of 0.44. The company has a quick ratio of 1.08, a current ratio of 1.83 and a debt-to-equity ratio of 0.07. The business has a 50-day simple moving average of $4.76 and a 200 day simple moving average of $3.96. B2Gold has a 52 week low of $2.20 and a 52 week high of $5.94.

B2Gold Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, December 15th. Shareholders of record on Tuesday, December 2nd will be paid a $0.02 dividend. This represents a $0.08 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date of this dividend is Tuesday, December 2nd. B2Gold’s payout ratio is 57.14%.

Institutional Trading of B2Gold

Institutional investors have recently made changes to their positions in the stock. Hussman Strategic Advisors Inc. grew its holdings in B2Gold by 70.0% in the 2nd quarter. Hussman Strategic Advisors Inc. now owns 340,000 shares of the company’s stock worth $1,227,000 after acquiring an additional 140,000 shares during the last quarter. Euro Pacific Asset Management LLC boosted its holdings in shares of B2Gold by 19.3% during the second quarter. Euro Pacific Asset Management LLC now owns 6,953,735 shares of the company’s stock worth $25,105,000 after purchasing an additional 1,124,681 shares during the period. Easterly Investment Partners LLC grew its stake in shares of B2Gold by 23.5% in the second quarter. Easterly Investment Partners LLC now owns 2,711,117 shares of the company’s stock worth $9,787,000 after purchasing an additional 515,507 shares during the last quarter. TD Asset Management Inc increased its holdings in B2Gold by 3.2% during the 2nd quarter. TD Asset Management Inc now owns 4,132,822 shares of the company’s stock valued at $14,902,000 after purchasing an additional 129,874 shares during the period. Finally, Amundi increased its holdings in B2Gold by 33.3% during the 1st quarter. Amundi now owns 10,849,897 shares of the company’s stock valued at $31,682,000 after purchasing an additional 2,710,857 shares during the period. Hedge funds and other institutional investors 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.