Scotiabank Weighs in on B2Gold’s FY2027 Earnings (TSE:BTO)

B2Gold Corp. (TSE:BTO) (NYSE:BTG) – Scotiabank dropped their FY2027 earnings per share estimates for shares of B2Gold in a research report issued to clients and investors on Wednesday, May 20th. Scotiabank analyst O. Habib now forecasts that the company will post earnings of $1.25 per share for the year, down from their prior estimate of $1.27. The consensus estimate for B2Gold’s current full-year earnings is $0.56 per share.

Separately, National Bank Financial boosted their target price on B2Gold from C$10.00 to C$10.70 and gave the stock an “outperform” rating in a research report on Tuesday, May 12th. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, B2Gold presently has an average rating of “Moderate Buy” and a consensus price target of C$9.15.

B2Gold Stock Up 0.6%

Shares of B2Gold stock opened at C$6.42 on Thursday. The stock’s fifty day moving average is C$6.52 and its 200-day moving average is C$6.58. The firm has a market capitalization of C$8.55 billion, a PE ratio of 16.89, a price-to-earnings-growth ratio of -0.27 and a beta of 1.59. The company has a quick ratio of 3.33, a current ratio of 1.19 and a debt-to-equity ratio of 14.16. B2Gold has a 12-month low of C$4.41 and a 12-month high of C$8.60.

B2Gold (TSE:BTO) (NYSE:BTG) last posted its quarterly earnings data on Wednesday, May 6th. The company reported C$0.26 EPS for the quarter. The company had revenue of C$1.61 billion for the quarter. B2Gold had a return on equity of 15.70% and a net margin of 14.78%.

Insiders Place Their Bets

In other B2Gold news, insider Randall Chatwin sold 20,000 shares of the business’s stock in a transaction dated Friday, February 20th. The stock was sold at an average price of C$7.25, for a total value of C$145,000.00. Following the completion of the sale, the insider owned 6,199 shares of the company’s stock, valued at C$44,942.75. The trade was a 76.34% decrease in their ownership of the stock. Also, Director Kevin Bullock sold 13,400 shares of the business’s stock in a transaction dated Friday, May 8th. The stock was sold at an average price of C$7.14, for a total value of C$95,676.00. Following the completion of the sale, the director directly owned 42,100 shares of the company’s stock, valued at C$300,594. This represents a 24.14% decrease in their position. Insiders sold 606,145 shares of company stock valued at $4,985,208 over the last quarter. Insiders own 0.66% of the company’s stock.

B2Gold Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 19th. Shareholders of record on Thursday, March 19th were given a $0.02 dividend. The ex-dividend date of this dividend was Friday, March 6th. This represents a $0.08 dividend on an annualized basis and a dividend yield of 1.2%. B2Gold’s payout ratio is currently 21.05%.

B2Gold Company Profile

B2Gold Corp is an international, low-cost, senior gold mining company. It has three operating open-pit gold mines in Mali, Namibia, and the Philippines and numerous exploration projects across four continents. Other significant assets include the Gramalote and Kiaka gold projects. The company focuses on acquiring and developing interests in mineral properties with a primary focus on gold deposits as gold production forms all its revenue. There is no dependence on a particular purchaser because the gold is sold into a global market.