Raymond James Has Negative Outlook of B2Gold FY2025 Earnings

B2Gold Corp. (TSE:BTO) (NYSE:BTG) – Analysts at Raymond James decreased their FY2025 earnings per share (EPS) estimates for B2Gold in a research report issued on Tuesday, January 14th. Raymond James analyst F. Hamed now forecasts that the company will earn $0.60 per share for the year, down from their previous estimate of $0.65. The consensus estimate for B2Gold’s current full-year earnings is $0.56 per share.

A number of other analysts also recently commented on the company. BMO Capital Markets dropped their price objective on B2Gold from C$8.50 to C$7.00 in a report on Tuesday. Stifel Nicolaus upped their price target on B2Gold from C$6.00 to C$6.50 in a research note on Monday, October 21st. Bank of America lowered B2Gold from a “buy” rating to an “underperform” rating in a research note on Tuesday. Cormark increased their target price on shares of B2Gold from C$4.25 to C$5.25 in a research report on Monday, September 23rd. Finally, Cibc World Mkts cut shares of B2Gold from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, September 24th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of C$5.79.

B2Gold Stock Performance

TSE:BTO opened at C$3.47 on Friday. The company has a market cap of C$4.55 billion, a P/E ratio of -20.41, a P/E/G ratio of -0.27 and a beta of 1.23. The firm’s 50 day moving average is C$3.75 and its two-hundred day moving average is C$3.97. B2Gold has a fifty-two week low of C$3.18 and a fifty-two week high of C$4.84. The company has a quick ratio of 3.33, a current ratio of 2.93 and a debt-to-equity ratio of 1.05.

Insider Activity

In other B2Gold news, Senior Officer Randall Chatwin bought 10,153 shares of the company’s stock in a transaction dated Thursday, December 19th. The shares were acquired at an average cost of C$3.51 per share, with a total value of C$35,637.03. Insiders own 0.66% of the company’s stock.

B2Gold Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, December 12th. Stockholders of record on Thursday, December 12th were given a dividend of $0.054 per share. The ex-dividend date of this dividend was Monday, December 2nd. This represents a $0.22 dividend on an annualized basis and a dividend yield of 6.22%. B2Gold’s payout ratio is currently -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.