B2Gold Corp. (TSE:BTO – Free Report) (NYSE:BTG) – Analysts at Scotiabank dropped their FY2026 earnings per share estimates for B2Gold in a report released on Thursday, May 14th. Scotiabank analyst O. Habib now anticipates that the company will post earnings per share of $0.59 for the year, down from their prior estimate of $0.64. The consensus estimate for B2Gold’s current full-year earnings is $0.56 per share. Scotiabank also issued estimates for B2Gold’s FY2027 earnings at $1.27 EPS.
Separately, National Bank Financial lifted their target price on B2Gold from C$10.00 to C$10.70 and gave the stock an “outperform” rating in a report on Tuesday. One investment analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, B2Gold currently has a consensus rating of “Moderate Buy” and a consensus price target of C$9.15.
B2Gold Stock Down 2.7%
BTO opened at C$7.16 on Friday. B2Gold has a fifty-two week low of C$4.01 and a fifty-two week high of C$8.60. The company has a debt-to-equity ratio of 14.16, a quick ratio of 3.33 and a current ratio of 1.19. The company has a market capitalization of C$9.54 billion, a P/E ratio of 18.84, a P/E/G ratio of -0.27 and a beta of 1.59. The stock has a fifty day moving average of C$6.57 and a 200-day moving average of C$6.58.
B2Gold (TSE:BTO – Get Free Report) (NYSE:BTG) last posted its earnings results on Wednesday, May 6th. The company reported C$0.26 earnings per share for the quarter. B2Gold had a return on equity of 15.70% and a net margin of 14.78%.The company had revenue of C$1.61 billion during the quarter.
Insider Activity at B2Gold
In related news, insider William Lytle sold 272,373 shares of the business’s stock in a transaction dated Thursday, February 26th. The stock was sold at an average price of C$8.32, for a total value of C$2,266,143.36. Following the completion of the transaction, the insider owned 38,975 shares of the company’s stock, valued at C$324,272. The trade was a 87.48% decrease in their ownership of the stock. Also, Director Kevin Bullock sold 13,400 shares of the business’s stock in a transaction dated Friday, May 8th. The shares were sold at an average price of C$7.14, for a total value of C$95,676.00. Following the completion of the transaction, the director directly owned 42,100 shares of the company’s stock, valued at approximately C$300,594. This trade represents a 24.14% decrease in their position. Insiders sold a total of 606,145 shares of company stock valued at $4,985,208 over the last quarter. 0.66% of the stock is owned by corporate insiders.
B2Gold Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Thursday, March 19th. Investors of record on Thursday, March 19th were paid a $0.02 dividend. This represents a $0.08 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend was Friday, March 6th. B2Gold’s payout ratio is 21.05%.
B2Gold Company Profile
B2Gold Corp is an international, low-cost, senior gold mining company. It has three operating open-pit gold mines in Mali, Namibia, and the Philippines and numerous exploration projects across four continents. Other significant assets include the Gramalote and Kiaka gold projects. The company focuses on acquiring and developing interests in mineral properties with a primary focus on gold deposits as gold production forms all its revenue. There is no dependence on a particular purchaser because the gold is sold into a global market.
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