Equities Analysts Offer Predictions for B2Gold Q3 Earnings

B2Gold Corp. (TSE:BTO) (NYSE:BTG) – Stifel Canada issued their Q3 2024 earnings per share estimates for B2Gold in a research 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.

A number of other research firms have also weighed in on BTO. Scotiabank lowered B2Gold from an “outperform” rating to a “sector perform” rating in a research note on Friday, August 9th. Canaccord Genuity Group dropped their price target on B2Gold from C$7.50 to C$7.00 and set a “buy” rating for the company in a research note on Tuesday, August 13th. Cibc World Mkts downgraded B2Gold from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, September 24th. Cormark upped their price objective on B2Gold from C$4.25 to C$5.25 in a research report on Monday, September 23rd. Finally, CIBC set a C$3.30 price objective on B2Gold and gave the company an “outperform” rating in a research report on Wednesday, August 14th. Three investment analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, B2Gold presently has a consensus rating of “Moderate Buy” and a consensus target price of C$5.93.

B2Gold Stock Performance

TSE BTO opened at C$4.70 on Wednesday. The firm has a market cap of C$6.16 billion, a price-to-earnings ratio of -27.65, a price-to-earnings-growth ratio of -0.27 and a beta of 1.23. The company has a quick ratio of 3.33, a current ratio of 2.93 and a debt-to-equity ratio of 1.05. The business has a 50-day moving average price of C$4.08 and a 200-day moving average price of C$3.88. B2Gold has a twelve month low of C$3.18 and a twelve month high of C$4.84.

B2Gold (TSE:BTO) (NYSE:BTG) last released its quarterly earnings data on Thursday, August 8th. The company reported C$0.08 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.10 by C($0.02). The business had revenue of C$673.95 million during the quarter. B2Gold had a negative return on equity of 3.47% and a negative net margin of 7.23%.

Insider Activity at B2Gold

In other B2Gold news, Senior Officer Randall Chatwin sold 10,000 shares of the business’s 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 other B2Gold news, Senior Officer Ninette Krohnert sold 16,175 shares of the company’s stock in a transaction on Wednesday, October 9th. The stock was sold at an average price of C$4.11, for a total transaction of C$66,479.25. Also, Senior Officer Randall Chatwin sold 10,000 shares of the stock in a transaction on Monday, September 16th. The shares were sold at an average price of C$4.53, for a total value of C$45,300.00. Insiders sold a total of 87,449 shares of company stock worth $384,111 in the last 90 days. Corporate insiders own 0.66% of the company’s stock.

B2Gold Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, September 23rd. Investors of record on Monday, September 23rd were paid a $0.055 dividend. The ex-dividend date was Tuesday, September 10th. This represents a $0.22 annualized dividend and a dividend yield of 4.68%. B2Gold’s dividend payout ratio is presently -129.41%.

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.