National Bank Financial Predicts Reduced Earnings for B2Gold

B2Gold Corp. (TSE:BTO) (NYSE:BTG) – Investment analysts at National Bank Financial decreased their FY2025 earnings per share estimates for shares of B2Gold in a report issued on Monday, February 10th. National Bank Financial analyst D. Demarco now forecasts that the company will post earnings per share of $0.36 for the year, down from their previous estimate of $0.45. The consensus estimate for B2Gold’s current full-year earnings is $0.56 per share.

A number of other brokerages also recently commented on BTO. Bank of America downgraded B2Gold from a “buy” rating to an “underperform” rating in a research report on Tuesday, January 14th. Stifel Nicolaus boosted their price target on shares of B2Gold from C$6.00 to C$6.50 in a report on Monday, October 21st. BMO Capital Markets decreased their price objective on shares of B2Gold from C$8.50 to C$7.00 in a report on Tuesday, January 14th. Finally, TD Securities cut shares of B2Gold from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, February 4th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of C$5.79.

B2Gold Trading Down 2.2 %

TSE:BTO opened at C$3.63 on Wednesday. B2Gold has a 52 week low of C$3.16 and a 52 week high of C$4.84. The firm has a 50-day moving average price of C$3.61 and a two-hundred day moving average price of C$3.93. The firm has a market cap of C$4.76 billion, a price-to-earnings ratio of -21.35, a price-to-earnings-growth ratio of -0.27 and a beta of 1.23. The company has a debt-to-equity ratio of 1.05, a quick ratio of 3.33 and a current ratio of 2.93.

B2Gold Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, December 12th. Investors of record on Thursday, December 12th were paid a dividend of $0.054 per share. This represents a $0.22 dividend on an annualized basis and a dividend yield of 5.95%. The ex-dividend date was Monday, December 2nd. B2Gold’s payout ratio is currently -129.41%.

Insider Buying and Selling

In related news, Senior Officer Randall Chatwin bought 10,153 shares of the business’s stock in a transaction on Thursday, December 19th. The stock was acquired at an average price of C$3.51 per share, for a total transaction of C$35,637.03. 0.66% of the stock is owned by insiders.

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.