National Bank Financial Comments on B2Gold FY2025 Earnings

B2Gold Corp. (NYSE:BTG) – Analysts at National Bank Financial decreased their FY2025 earnings estimates for B2Gold in a research note issued on Monday, February 10th. National Bank Financial analyst D. Demarco now anticipates that the company will post earnings per share of $0.25 for the year, down from their prior forecast of $0.31. The consensus estimate for B2Gold’s current full-year earnings is $0.21 per share.

Other analysts have also recently issued research reports about the stock. TD Securities cut shares of B2Gold from a “buy” rating to a “hold” rating in a research note on Tuesday, February 4th. CIBC cut their target price on shares of B2Gold from $3.70 to $3.30 and set a “neutral” rating for the company in a research note on Wednesday, January 15th. Bank of America cut shares of B2Gold from a “buy” rating to an “underperform” rating in a research note on Tuesday, January 14th. Finally, StockNews.com cut shares of B2Gold from a “buy” rating to a “hold” rating in a research note on Friday, November 8th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and one has issued a buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $4.02.

B2Gold Stock Performance

Shares of BTG stock opened at $2.56 on Wednesday. The stock has a market cap of $3.37 billion, a P/E ratio of -4.57, a P/E/G ratio of 0.28 and a beta of 1.10. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.83 and a quick ratio of 1.08. The company has a fifty day moving average price of $2.51 and a two-hundred day moving average price of $2.82. B2Gold has a one year low of $2.20 and a one year high of $3.50.

Institutional Trading of B2Gold

Hedge funds have recently modified their holdings of the stock. Van ECK Associates Corp raised its stake in B2Gold by 40.6% in the 3rd quarter. Van ECK Associates Corp now owns 166,079,133 shares of the company’s stock worth $566,312,000 after purchasing an additional 47,967,010 shares in the last quarter. Norges Bank acquired a new stake in B2Gold in the 4th quarter worth about $40,192,000. Two Sigma Advisers LP raised its stake in B2Gold by 66.9% in the 3rd quarter. Two Sigma Advisers LP now owns 17,875,880 shares of the company’s stock worth $55,058,000 after purchasing an additional 7,165,600 shares in the last quarter. American Century Companies Inc. raised its stake in B2Gold by 31.3% in the 4th quarter. American Century Companies Inc. now owns 22,658,771 shares of the company’s stock worth $55,436,000 after purchasing an additional 5,401,334 shares in the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. raised its stake in B2Gold by 69.5% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 11,596,488 shares of the company’s stock worth $35,837,000 after purchasing an additional 4,754,500 shares in the last quarter. Institutional investors and hedge funds own 61.40% of the company’s stock.

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.