Cormark Issues Negative Estimate for B2Gold Earnings

B2Gold Corp. (NYSE:BTG) – Analysts at Cormark lowered their Q1 2025 earnings estimates for B2Gold in a research report issued to clients and investors on Friday, February 21st. Cormark analyst R. Gray now expects that the company will post earnings per share of $0.06 for the quarter, down from their prior forecast of $0.07. Cormark has a “Moderate Buy” rating on the stock. The consensus estimate for B2Gold’s current full-year earnings is $0.40 per share. Cormark also issued estimates for B2Gold’s Q3 2025 earnings at $0.11 EPS and Q4 2025 earnings at $0.15 EPS.

BTG has been the topic of a number of other research reports. Bank of America cut B2Gold from a “buy” rating to an “underperform” rating in a research report on Tuesday, January 14th. TD Securities cut shares of B2Gold from a “buy” rating to a “hold” rating in a research note on Tuesday, February 4th. CIBC decreased their target price on shares of B2Gold from $3.70 to $3.30 and set a “neutral” rating on the stock in a research note on Wednesday, January 15th. Finally, StockNews.com cut shares of B2Gold from a “buy” rating to a “hold” rating in a research note on Friday, November 8th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $4.02.

B2Gold Stock Performance

B2Gold stock opened at $2.83 on Monday. B2Gold has a 12-month low of $2.20 and a 12-month high of $3.50. 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 $2.51 and its two-hundred day moving average price is $2.81. The stock has a market cap of $3.73 billion, a PE ratio of -5.90, a P/E/G ratio of 0.33 and a beta of 1.10.

B2Gold Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 20th. Stockholders of record on Friday, March 7th will be given a $0.02 dividend. The ex-dividend date of this dividend is Friday, March 7th. This represents a $0.08 dividend on an annualized basis and a dividend yield of 2.83%. B2Gold’s dividend payout ratio (DPR) is currently -33.33%.

Institutional Investors Weigh In On B2Gold

Institutional investors have recently modified their holdings of the company. Van ECK Associates Corp lifted its holdings in B2Gold by 40.6% in the third quarter. Van ECK Associates Corp now owns 166,079,133 shares of the company’s stock valued at $566,312,000 after buying an additional 47,967,010 shares during the period. FMR LLC raised its position in shares of B2Gold by 0.7% in the 3rd quarter. FMR LLC now owns 59,489,129 shares of the company’s stock worth $183,862,000 after acquiring an additional 438,399 shares in the last quarter. Vanguard Group Inc. lifted its stake in shares of B2Gold by 2.2% in the 4th quarter. Vanguard Group Inc. now owns 53,010,477 shares of the company’s stock valued at $129,823,000 after purchasing an additional 1,165,204 shares during the period. Renaissance Technologies LLC boosted its position in shares of B2Gold by 1.0% during the 4th quarter. Renaissance Technologies LLC now owns 27,186,655 shares of the company’s stock valued at $66,335,000 after purchasing an additional 272,300 shares in the last quarter. Finally, Dimensional Fund Advisors LP boosted its position in shares of B2Gold by 0.5% during the 4th quarter. Dimensional Fund Advisors LP now owns 24,389,363 shares of the company’s stock valued at $59,510,000 after purchasing an additional 130,638 shares in the last quarter. 61.40% of the stock is owned by 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.