B2Gold (NYSE:BTG) Downgraded to “Hold” Rating by Cormark

B2Gold (NYSE:BTG) was downgraded by stock analysts at Cormark from a “moderate buy” rating to a “hold” rating in a research report issued to clients and investors on Monday,Zacks.com reports. Cormark also issued estimates for B2Gold’s Q3 2025 earnings at $0.09 EPS, Q4 2025 earnings at $0.11 EPS, FY2025 earnings at $0.35 EPS, FY2027 earnings at $0.36 EPS, FY2028 earnings at $0.46 EPS and FY2029 earnings at $0.51 EPS.

BTG has been the topic of several other reports. TD Securities cut shares of B2Gold from a “buy” rating to a “hold” rating in a research note on Tuesday, February 4th. Bank of America downgraded B2Gold from a “buy” rating to an “underperform” rating in a research report on Tuesday, January 14th. Finally, CIBC lifted their price objective on B2Gold from $3.30 to $3.60 and gave the company a “neutral” rating in a research note on Thursday, March 20th. One analyst has rated the stock with a sell rating, seven have issued a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $4.12.

B2Gold Trading Down 1.0 %

Shares of BTG opened at $2.85 on Monday. B2Gold has a twelve month low of $2.20 and a twelve month high of $3.50. The stock has a market cap of $3.76 billion, a PE ratio of -5.94, a P/E/G ratio of 0.33 and a beta of 1.09. 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’s 50-day moving average price is $2.72 and its 200-day moving average price is $2.84.

Hedge Funds Weigh In On B2Gold

A number of hedge funds and other institutional investors have recently modified their holdings of BTG. Norges Bank bought a new stake in B2Gold in the 4th quarter worth approximately $40,192,000. Two Sigma Advisers LP raised its stake in shares of B2Gold by 66.9% during the third quarter. Two Sigma Advisers LP now owns 17,875,880 shares of the company’s stock worth $55,058,000 after acquiring an additional 7,165,600 shares in the last quarter. American Century Companies Inc. lifted its holdings in shares of B2Gold by 31.3% in the 4th quarter. American Century Companies Inc. now owns 22,658,771 shares of the company’s stock worth $55,436,000 after acquiring an additional 5,401,334 shares during the last quarter. Invesco Ltd. boosted its stake in shares of B2Gold by 32.7% in the 4th quarter. Invesco Ltd. now owns 15,987,385 shares of the company’s stock valued at $39,009,000 after purchasing an additional 3,939,040 shares in the last quarter. Finally, Bank of America Corp DE grew its holdings in shares of B2Gold by 577.0% during the 4th quarter. Bank of America Corp DE now owns 4,519,757 shares of the company’s stock valued at $11,028,000 after purchasing an additional 3,852,095 shares during the last quarter. 61.40% of the stock is currently owned by hedge funds and other institutional investors.

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.