Cormark Has Bullish Forecast for B2Gold Q1 Earnings

B2Gold Corp. (NYSE:BTG) – Analysts at Cormark upped their Q1 2025 earnings estimates for shares of B2Gold in a research report issued to clients and investors on Monday, March 31st. Cormark analyst R. Gray now expects that the company will post earnings per share of $0.09 for the quarter, up from their prior estimate of $0.06. Cormark has a “Hold” 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 FY2026 earnings at $0.14 EPS.

Other equities research analysts have also issued research reports about the company. TD Securities lowered B2Gold from a “buy” rating to a “hold” rating in a research note on Tuesday, February 4th. CIBC increased their target price on B2Gold from $3.30 to $3.60 and gave the stock a “neutral” rating in a research report on Thursday, March 20th. Finally, Bank of America cut B2Gold from a “buy” rating to an “underperform” rating in a report on Tuesday, January 14th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and one has given a buy rating to the company. Based on data from MarketBeat.com, B2Gold presently has an average rating of “Hold” and an average price target of $4.12.

B2Gold Stock Up 0.7 %

Shares of BTG stock opened at $2.92 on Wednesday. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.83 and a quick ratio of 1.08. B2Gold has a one year low of $2.20 and a one year high of $3.50. The company’s fifty day moving average price is $2.74 and its 200-day moving average price is $2.84. The company has a market capitalization of $3.85 billion, a price-to-earnings ratio of -6.08, a PEG ratio of 0.33 and a beta of 1.09.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of BTG. Old West Investment Management LLC purchased a new stake in shares of B2Gold in the 3rd quarter worth approximately $670,000. FMR LLC raised its stake in B2Gold by 0.7% in the third quarter. FMR LLC now owns 59,489,129 shares of the company’s stock worth $183,862,000 after buying an additional 438,399 shares in the last quarter. Invenomic Capital Management LP purchased a new stake in B2Gold during the third quarter worth $2,636,000. Geode Capital Management LLC boosted its position in B2Gold by 46.7% during the 3rd quarter. Geode Capital Management LLC now owns 2,075,521 shares of the company’s stock valued at $7,544,000 after acquiring an additional 661,107 shares in the last quarter. Finally, BNP Paribas Financial Markets increased its holdings in shares of B2Gold by 62.0% in the 3rd quarter. BNP Paribas Financial Markets now owns 95,482 shares of the company’s stock valued at $294,000 after acquiring an additional 36,555 shares during the period. 61.40% of the stock is currently owned by hedge funds and other institutional investors.

B2Gold Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 20th. Stockholders of record on Friday, March 7th were paid a dividend of $0.02 per share. This represents a $0.08 annualized dividend and a dividend yield of 2.74%. The ex-dividend date of this dividend was Friday, March 7th. B2Gold’s dividend payout ratio is presently -16.67%.

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.