B2Gold (TSE:BTO) Lowered to Hold Rating by Cormark

Cormark downgraded shares of B2Gold (TSE:BTO) (NYSE:BTG) from a moderate buy rating to a hold rating in a report released on Monday,Zacks.com reports. Cormark also issued estimates for B2Gold’s Q3 2025 earnings at $0.13 EPS, Q4 2025 earnings at $0.16 EPS, FY2025 earnings at $0.50 EPS, FY2027 earnings at $0.51 EPS, FY2028 earnings at $0.66 EPS and FY2029 earnings at $0.73 EPS.

A number of other equities analysts also recently issued reports on BTO. TD Securities downgraded shares of B2Gold from a “strong-buy” rating to a “hold” rating in a report on Tuesday, February 4th. BMO Capital Markets dropped their price target on shares of B2Gold from C$7.00 to C$6.50 in a research note on Monday. Finally, Bank of America cut B2Gold from a “buy” rating to an “underperform” rating in a report on Tuesday, January 14th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and four have assigned a buy rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of C$5.94.

B2Gold Trading Down 1.4 %

Shares of TSE:BTO opened at C$4.09 on Monday. The stock’s 50-day simple moving average is C$3.90 and its two-hundred day simple moving average is C$3.99. The stock has a market capitalization of C$3.78 billion, a price-to-earnings ratio of -4.71, a PEG ratio of -0.27 and a beta of 1.23. B2Gold has a 52-week low of C$3.16 and a 52-week high of C$4.84. The company has a debt-to-equity ratio of 7.51, a quick ratio of 3.33 and a current ratio of 1.83.

B2Gold Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 20th. Shareholders of record on Thursday, March 20th were paid a $0.02 dividend. The ex-dividend date was Friday, March 7th. This represents a $0.08 dividend on an annualized basis and a yield of 1.96%. B2Gold’s payout ratio is presently -25.32%.

Insider Activity

In other B2Gold news, Senior Officer Eduard Bartz sold 27,862 shares of B2Gold stock in a transaction on Friday, March 7th. The shares were sold at an average price of C$3.89, for a total value of C$108,383.18. Following the sale, the insider now directly owns 16 shares in the company, valued at approximately C$62.24. The trade was a 99.94 % decrease in their position. Also, Director Gregory Barnes acquired 50,000 shares of the company’s stock in a transaction on Wednesday, February 26th. The shares were bought at an average cost of C$4.07 per share, with a total value of C$203,500.00. Insiders have sold 168,420 shares of company stock worth $649,531 over the last ninety days. Corporate insiders own 0.66% of the company’s stock.

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.