Cormark Issues Negative Forecast for B2Gold Earnings

B2Gold Corp. (NYSE:BTG) – Stock analysts at Cormark lowered their Q3 2025 EPS estimates for shares of B2Gold in a report issued on Monday, March 31st. Cormark analyst R. Gray now anticipates that the company will post earnings per share of $0.09 for the quarter, down from their previous estimate of $0.11. 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 Q4 2025 earnings at $0.11 EPS, FY2025 earnings at $0.35 EPS, FY2027 earnings at $0.36 EPS, FY2028 earnings at $0.46 EPS and FY2029 earnings at $0.51 EPS.

Several other research firms also recently weighed in on BTG. Bank of America downgraded B2Gold from a “buy” rating to an “underperform” rating in a research report on Tuesday, January 14th. CIBC lifted their price objective on B2Gold from $3.30 to $3.60 and gave the stock a “neutral” rating in a research report on Thursday, March 20th. Finally, TD Securities downgraded shares of B2Gold from a “buy” rating to a “hold” rating in a research note on Tuesday, February 4th. One analyst has rated the stock with a sell rating, seven have issued a hold rating and one has assigned a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $4.12.

B2Gold Trading Up 1.8 %

Shares of BTG opened at $2.90 on Tuesday. B2Gold has a 1-year low of $2.20 and a 1-year high of $3.50. 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 firm has a 50 day simple moving average of $2.73 and a 200-day simple moving average of $2.84. The stock has a market cap of $3.82 billion, a price-to-earnings ratio of -6.04, a price-to-earnings-growth ratio of 0.33 and a beta of 1.09.

B2Gold Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 20th. Investors of record on Friday, March 7th were given a dividend of $0.02 per share. The ex-dividend date of this dividend was Friday, March 7th. This represents a $0.08 annualized dividend and a yield of 2.76%. B2Gold’s dividend payout ratio (DPR) is presently -16.67%.

Institutional Trading of B2Gold

Hedge funds have recently added to or reduced their stakes in the business. PKO Investment Management Joint Stock Co purchased a new position in shares of B2Gold during the 4th quarter worth about $1,516,000. Mackenzie Financial Corp increased its position in B2Gold by 56.7% during the fourth quarter. Mackenzie Financial Corp now owns 1,019,331 shares of the company’s stock worth $2,501,000 after purchasing an additional 368,961 shares during the last quarter. Towarzystwo Funduszy Inwestycyjnych Allianz Polska S.A. purchased a new position in B2Gold during the fourth quarter worth approximately $276,000. Vident Advisory LLC boosted its holdings in shares of B2Gold by 17.0% in the 4th quarter. Vident Advisory LLC now owns 315,546 shares of the company’s stock valued at $770,000 after purchasing an additional 45,915 shares during the last quarter. Finally, Two Sigma Advisers LP grew its stake in shares of B2Gold by 15.7% during the 4th quarter. Two Sigma Advisers LP now owns 20,675,400 shares of the company’s stock valued at $50,448,000 after buying an additional 2,799,520 shares during the period. 61.40% of the stock is owned by institutional investors and hedge funds.

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.