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BTG B2Gold Corp.

New York Stock Exchange Arca · Gold · Basic Materials

$5.14
+0.07 (+1.38%)

B2Gold Corp. operates as a prominent gold mining enterprise, currently running three active production sites across different continents. Its primary operational mines include the Fekola Mine in Mali, the Masbate Mine situated in the Philippines, and the Otjikoto Mine located in Namibia. In addition to its wholly-owned assets, the company holds a 25% ownership stake in Calibre Mining Corp. and an …

Market Cap: $6.85Bwww.b2gold.com

Price (90d)

$5.03
$3.65$4.23$4.81$5.39
Apr 30Aug 7

Signal Score (90d)

43
4382122161
Aug 8Aug 10

Quote

Day Range
$5.12 – $5.25
52-Week Range
$3.57 – $6.29
Volume
$12.45M
Market Cap
$6.85B
50-Day Avg
$4.10
200-Day Avg
$4.60
Prev Close
$5.07
Open
$5.16

Valuation & Ratios

P/E Ratio
14.55
EPS
$0.30
P/B Ratio
1.67
P/S Ratio
1.95
Debt/Equity
0.18
Current Ratio
1.06
Dividend Yield
+1.8%
Gross Margin
+50.0%

Returns & Efficiency

Return on Equity
+11.2%
Return on Assets
+6.8%
FCF Yield
+1.1%
EV/EBITDA
4.28

Revenue & Net Income (Annual)

Fiscal YearRevenueNet IncomeEPS
2025$3.06B$401.91M$0.31
2024$1.90B$-629.89M$-0.48
2023$1.93B$10.10M$0.01
2022$1.73B$252.87M$0.24
2021$1.76B$420.06M$0.40

Social Signal Score

55
5d
30d
55
4 mentions
+37.4%
60d
55
4 mentions
+10.1%
90d
55
4 mentions
+2.7%
news: 4

Earnings

Wed, Nov 4(in 3 months)

Consensus estimate $0.16 per share

2of 7 quarters beat consensus

Typical surprise -20.0% (median, so one quarter with a near-zero estimate can't distort it)

  • Thu, Aug 6$0.03 vs $0.07miss
  • Wed, May 6$0.19 vs $0.11beat
  • Wed, Feb 18$0.11 vs $0.20miss
  • Wed, Nov 5$0.14 vs $0.15miss
  • Thu, Aug 7$0.12 vs $0.15miss
  • Wed, May 7$0.09 vs $0.08beat

Estimates and results for BTG via Financial Modeling Prep. Beating consensus says the company cleared the bar analysts set, not that the business grew.

Valuation

Project earnings forward and see what return today's price implies.

Seeded from BTG's reported EPS growth of -6.2% a year over 4 years.

EPS in 5 years
$0.22
Implied price
$3.30
Return from $5.14
-8.5% a year

To earn 15.0% a year on these assumptions you'd need to buy at $1.64 -68.1% below today's price.

How sensitive is that answer?

Annual return across nearby assumptions. If the result is only attractive in one corner, that is the finding.

growth \ P/E1113151719
-16.2%-23.1%-20.5%-18.2%-16.2%-14.3%
-11.2%-18.6%-15.8%-13.3%-11.1%-9.1%
-6.2%-14.0%-11.0%-8.5%-6.1%-4.0%
-1.2%-9.4%-6.3%-3.6%-1.1%1.1%
3.8%-4.8%-1.6%1.3%3.9%6.2%

This is arithmetic on assumptions you chose, not a forecast or a recommendation. It ignores dividends, buybacks, share issuance and debt, and it assumes a company still earning money in 5 years. Change any input and the answer changes a lot — that sensitivity is the honest result, not a flaw in the model.

Mentions (4)

  • Newsseekingalpha.com·5d ago·Neutral

    B2Gold: Fekola Regional Permitted, Prepay Ended - Cash Flow Set To Surge B2Gold is at a pivotal inflection, with the Goose Mine ramping up, the Fekola Regional permit secured, and the gold prepay agreement completed. Q2 2026 results highlighted underlying operational strength, with production and AISC outperforming expectations despite headline EPS misses and Goose Mine disruptions. Fekola Regional's permit unlocks high-margin growth, while the asset sale to Agnico Eagle and prepay completion st

    View source ↗
  • Newsmarketbeat.com·6d ago·Neutral

    B2Gold Q2 Earnings Call Highlights B2Gold NYSEAMERICAN: BTG said the Government of Mali granted the Menankoto Exploitation Permit, clearing the company to begin mining-related activities within the permit area and advance the Fekola Regional deposit. The company requested a temporary trading halt before its second-quarter conference call to disseminate the material news.

    View source ↗
  • Newsseekingalpha.com·7d ago·Neutral

    B2Gold: Goose Setbacks Don't Change The Re-Rating Story B2Gold Corp. remains a Strong Buy, supported by robust operations, attractive valuation, and potential re-rating catalysts despite operational setbacks at Goose. BTG's gold prepay agreement has ended, freeing future cash flow while enabling full exposure to spot gold prices, while buybacks and dividends yield a combined 8.2%. Guidance was modestly reduced to 820,000–920,000 ounces in 2026, but AISC guidance improved, and the Menankoto permi

    View source ↗
  • Newsseekingalpha.com·7d ago·Positive

    B2Gold: Mali Delivers, And So Does The Quarter B2Gold secured the critical Fekola Regional permit in Mali, unlocking a clear pathway to 150,000 ounces of annual gold production from 2028. Q2 results exceeded expectations with strong production, lower costs, and improved guidance; the gold prepay overhang is now removed, setting up a cash flow surge in H2 2026. B2Gold remains deeply undervalued, trading at a significant discount to sector multiples even after a 20% share price jump.

    View source ↗