What is Scotiabank’s Estimate for B2Gold FY2027 Earnings?

B2Gold Corp (NYSEAMERICAN:BTGFree Report) (TSE:BTO) – Scotiabank reduced their FY2027 earnings estimates for shares of B2Gold in a research note issued on Wednesday, May 20th. Scotiabank analyst O. Habib now anticipates that the basic materials company will earn $0.91 per share for the year, down from their prior forecast of $0.93. Scotiabank currently has a “Sector Perform” rating on the stock. The consensus estimate for B2Gold’s current full-year earnings is $0.66 per share.

B2Gold (NYSEAMERICAN:BTGGet Free Report) (TSE:BTO) last posted its quarterly earnings data on Wednesday, May 6th. The basic materials company reported $0.19 EPS for the quarter, beating analysts’ consensus estimates of $0.11 by $0.08. B2Gold had a net margin of 14.91% and a return on equity of 21.36%. The company had revenue of $1.16 billion during the quarter, compared to the consensus estimate of $893.41 million. During the same quarter in the prior year, the company posted $0.09 EPS. The company’s quarterly revenue was up 117.7% compared to the same quarter last year.

Separately, Canadian Imperial Bank of Commerce reaffirmed a “neutral” rating on shares of B2Gold in a research note on Wednesday, February 4th. Two equities research analysts have rated the stock with a Hold rating, According to MarketBeat, the stock presently has a consensus rating of “Hold”.

Read Our Latest Stock Report on BTG

B2Gold Trading Up 1.1%

NYSEAMERICAN BTG opened at $4.67 on Thursday. B2Gold has a 12 month low of $3.18 and a 12 month high of $6.28. The company has a 50-day moving average of $4.74 and a 200-day moving average of $4.77. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.19 and a quick ratio of 0.59. The company has a market cap of $6.23 billion, a P/E ratio of 12.97, a P/E/G ratio of 0.44 and a beta of 0.60.

Institutional Trading of B2Gold

A number of institutional investors have recently modified their holdings of BTG. Northwestern Mutual Wealth Management Co. purchased a new stake in shares of B2Gold during the 4th quarter worth about $45,000. DGS Capital Management LLC purchased a new stake in shares of B2Gold during the 1st quarter worth about $50,000. Ascentis Independent Advisors purchased a new stake in shares of B2Gold during the 1st quarter worth about $50,000. Parkway Wealth Management Group LLC purchased a new stake in shares of B2Gold during the 1st quarter worth about $51,000. Finally, Jefferies Financial Group Inc. purchased a new stake in shares of B2Gold during the 4th quarter worth about $55,000. Hedge funds and other institutional investors own 61.40% of the company’s stock.

About B2Gold

(Get Free Report)

B2Gold Corp. is a Canadian-based intermediate gold producer with a diversified portfolio of operating mines and advanced-stage development projects. Founded in 2007 through the merger of Bema Gold and CGA Mining, the company has grown to become one of the world’s largest new gold producers. Headquartered in Vancouver, British Columbia, B2Gold focuses on efficient, low-cost operations across several continents, combining exploration, development and production within a single strategic framework.

The company’s flagship assets include the Fekola mine in Mali, which commenced production in 2017, the Otjikoto mine in Namibia, and the Masbate mine in the Philippines.

Further Reading

Earnings History and Estimates for B2Gold (NYSEAMERICAN:BTG)

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