What is Scotiabank’s Forecast for B2Gold FY2025 Earnings?

B2Gold Corp. (NYSE:BTG) – Scotiabank reduced their FY2025 earnings per share estimates for shares of B2Gold in a report released on Wednesday, January 8th. Scotiabank analyst O. Habib now anticipates that the company will earn $0.26 per share for the year, down from their previous estimate of $0.27. The consensus estimate for B2Gold’s current full-year earnings is $0.23 per share.

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

Several other equities analysts have also recently issued reports on the company. Jefferies Financial Group raised their price objective on B2Gold from $4.00 to $5.00 and gave the stock a “buy” rating in a research note on Friday, October 4th. Royal Bank of Canada restated a “sector perform” rating and set a $3.75 price objective on shares of B2Gold in a research note on Tuesday, September 17th. StockNews.com cut B2Gold from a “buy” rating to a “hold” rating in a research note on Friday, November 8th. CIBC increased their target price on B2Gold from $3.30 to $3.60 and gave the stock a “neutral” rating in a research report on Tuesday, September 24th. Finally, Cibc World Mkts lowered B2Gold from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, September 24th. Six investment analysts have rated the stock with a hold rating and one has given a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $4.12.

B2Gold Stock Performance

Shares of BTG opened at $2.61 on Thursday. The business’s fifty day moving average price is $2.74 and its 200 day moving average price is $2.89. B2Gold has a 12-month low of $2.34 and a 12-month high of $3.50. The stock has a market capitalization of $3.43 billion, a PE ratio of -4.66, a price-to-earnings-growth ratio of 0.53 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.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of BTG. E&G Advisors LP acquired a new position in B2Gold during the third quarter worth about $31,000. Private Advisor Group LLC acquired a new position in B2Gold during the third quarter worth about $33,000. Flow Traders U.S. LLC acquired a new position in B2Gold during the third quarter worth about $35,000. HighTower Advisors LLC acquired a new position in B2Gold during the third quarter worth about $36,000. Finally, Blue Trust Inc. grew its holdings in B2Gold by 72.1% during the third quarter. Blue Trust Inc. now owns 13,755 shares of the company’s stock worth $42,000 after acquiring an additional 5,764 shares during the period. 61.40% of the stock is owned by institutional investors and hedge funds.

B2Gold Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, December 12th. Stockholders of record on Monday, December 2nd were issued a dividend of $0.04 per share. This represents a $0.16 dividend on an annualized basis and a dividend yield of 6.13%. The ex-dividend date of this dividend was Monday, December 2nd. B2Gold’s dividend payout ratio (DPR) is -28.57%.

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.