Scotiabank Has Bullish Estimate for B2Gold FY2025 Earnings

B2Gold Corp. (TSE:BTO) (NYSE:BTG) – Analysts at Scotiabank upped their FY2025 earnings per share (EPS) estimates for shares of B2Gold in a note issued to investors on Wednesday, January 8th. Scotiabank analyst O. Habib now anticipates that the company will earn $0.38 per share for the year, up from their previous estimate of $0.37. The consensus estimate for B2Gold’s current full-year earnings is $0.56 per share.

A number of other brokerages also recently commented on BTO. BMO Capital Markets lowered their price objective on B2Gold from C$6.50 to C$6.00 and set an “outperform” rating on the stock in a research note on Monday, September 16th. Cormark increased their price objective on shares of B2Gold from C$4.25 to C$5.25 in a research report on Monday, September 23rd. Stifel Nicolaus lifted their target price on B2Gold from C$6.00 to C$6.50 in a research report on Monday, October 21st. Finally, Cibc World Mkts lowered B2Gold from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, September 24th. Three analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of C$5.66.

B2Gold Stock Performance

BTO opened at C$3.77 on Thursday. The firm has a market capitalization of C$4.94 billion, a PE ratio of -22.18, a PEG ratio of -0.27 and a beta of 1.23. The firm’s 50-day moving average price is C$3.89 and its 200 day moving average price is C$3.97. B2Gold has a twelve month low of C$3.18 and a twelve month high of C$4.84. The company has a current ratio of 2.93, a quick ratio of 3.33 and a debt-to-equity ratio of 1.05.

B2Gold Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, December 12th. Investors of record on Thursday, December 12th were paid a dividend of $0.054 per share. The ex-dividend date was Monday, December 2nd. This represents a $0.22 annualized dividend and a yield of 5.73%. B2Gold’s dividend payout ratio is currently -129.41%.

Insider Activity

In related news, Senior Officer Randall Chatwin bought 10,153 shares of the stock in a transaction on Thursday, December 19th. The shares were bought at an average cost of C$3.51 per share, for a total transaction of C$35,637.03. Company insiders own 0.66% of the company’s stock.

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.