What is Stifel Canada’s Forecast for B2Gold Q3 Earnings?

B2Gold Corp. (TSE:BTO) (NYSE:BTG) – Stifel Canada issued their Q3 2024 earnings per share (EPS) estimates for shares of B2Gold in a report issued on Monday, October 21st. Stifel Canada analyst I. Rico forecasts that the company will post earnings of $0.07 per share for the quarter. The consensus estimate for B2Gold’s current full-year earnings is $0.56 per share. Stifel Canada also issued estimates for B2Gold’s FY2025 earnings at $0.84 EPS.

B2Gold (TSE:BTO) (NYSE:BTG) last announced its earnings results on Thursday, August 8th. The company reported C$0.08 EPS for the quarter, missing the consensus estimate of C$0.10 by C($0.02). B2Gold had a negative net margin of 7.23% and a negative return on equity of 3.47%. The company had revenue of C$673.95 million during the quarter.

A number of other brokerages have also recently commented on BTO. Canaccord Genuity Group cut their price target on shares of B2Gold from C$7.50 to C$7.00 and set a “buy” rating on the stock in a research report on Tuesday, August 13th. Cibc World Mkts lowered B2Gold from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, September 24th. CIBC set a C$3.30 target price on B2Gold and gave the stock an “outperform” rating in a report on Wednesday, August 14th. Cormark increased their price target on B2Gold from C$4.25 to C$5.25 in a report on Monday, September 23rd. Finally, Stifel Nicolaus lifted their price objective on shares of B2Gold from C$6.00 to C$6.50 in a research note on Monday. Three investment analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of C$5.93.

B2Gold Stock Performance

B2Gold has a 12 month low of C$3.18 and a 12 month high of C$4.84. The company has a debt-to-equity ratio of 1.05, a quick ratio of 3.33 and a current ratio of 2.93. The company has a 50 day moving average price of C$4.07 and a two-hundred day moving average price of C$3.88. The company has a market cap of C$6.26 billion, a price-to-earnings ratio of -27.53, a P/E/G ratio of -0.27 and a beta of 1.23.

B2Gold Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 23rd. Shareholders of record on Monday, September 23rd were issued a dividend of $0.055 per share. This represents a $0.22 dividend on an annualized basis and a yield of ∞. The ex-dividend date was Tuesday, September 10th. B2Gold’s dividend payout ratio is currently -129.41%.

Insider Transactions at B2Gold

In related news, Senior Officer Randall Chatwin sold 10,000 shares of B2Gold stock in a transaction that occurred on Monday, September 16th. The stock was sold at an average price of C$4.53, for a total transaction of C$45,300.00. In related news, Senior Officer Randall Chatwin sold 10,000 shares of the firm’s stock in a transaction dated Monday, September 16th. The shares were sold at an average price of C$4.53, for a total transaction of C$45,300.00. Also, Senior Officer Michael Stephen Mcdonald sold 56,274 shares of the business’s stock in a transaction dated Tuesday, September 24th. The stock was sold at an average price of C$4.46, for a total transaction of C$250,982.04. Insiders sold a total of 87,449 shares of company stock valued at $384,111 over the last ninety days. 0.66% of the stock is currently owned by insiders.

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.