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BTO Stock Chart & Stats
C$7.98
C$0.03(0.55%)
At close: 4:00 PM EDT
C$7.98
C$0.03(0.55%)
Day’s Range― - ―
52-Week RangeC$5.02 - C$8.60
Previous CloseN/A
Volume1.82M
Average Volume (3M)3.45M
Market Cap
C$8.84B
Enterprise ValueC$8.21B
Total Cash (Recent Filing)C$289.56M
Total Debt (Recent Filing)C$455.34M
Price to Earnings (P/E)8.2
Beta2.35
Next Earnings
Nov 04, 2026EPS Estimate
0.17Next Dividend Ex-DateN/A
Dividend Yield1.66%
Share Statistics
EPS (TTM)0.58
Shares Outstanding1,321,387,000
10 Day Avg. Volume3,349,648
30 Day Avg. Volume3,451,730
Financial Highlights & Ratios
PEG Ratio-0.09
Price to Book (P/B)1.66
Price to Sales (P/S)1.91
P/FCF Ratio89.85
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$8.91Price Target Upside11.66% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering7
EPS Forecast (FY)0.57
Revenue Forecast (FY)C$3.82B
Bulls Say, Bears Say
Bulls Say
Profitability RecoveryThe return to solid profitability and healthy margins shows meaningful earnings recovery from the 2024 loss. If operating performance remains stable, stronger margins can support exploration, mine investment, shareholder returns, and internal funding of future growth over the medium term.
Conservative LeverageLow leverage gives B2Gold greater resilience when operating conditions or capital requirements change. A relatively modest debt burden should reduce financing pressure, preserve capacity for mine development, and allow management to address operational needs without relying heavily on new borrowing.
Long-term Production GrowthThe Menankoto permit converts a regional development opportunity into an authorized project with a defined ramp-up and lengthy expected production period. Adding more than 150,000 ounces annually could broaden the production base and strengthen B2Gold's medium-term growth profile.
Bears Say
Weak Free Cash Flow ConversionOperating cash generation has been solid, but substantial capital spending and working-capital swings have sharply reduced free cash flow. This weak conversion limits funds available for debt reduction, mine expansion, and shareholder returns, making sustained profitability more dependent on disciplined spending.
Goose Operational DisruptionThe Goose crusher fire creates a durable execution risk while remediation and ramp-up continue. Variable throughput, downtime, and incremental capital costs can weigh on production and margins, while the absence of detailed 2027 metrics makes the mine's contribution harder to forecast.
Higher Fekola Regional Tax BurdenHigher effective taxes and the revised priority dividend structure would reduce the cash flow retained from Fekola Regional ounces. Even with successful production growth, these fiscal terms could constrain project economics, lower distributable cash, and make returns more sensitive to operating performance.
B2Gold News
BTO FAQ
What was B2Gold Corp’s price range in the past 12 months?
B2Gold Corp lowest stock price was C$5.01 and its highest was C$8.60 in the past 12 months.
What is B2Gold Corp’s market cap?
B2Gold Corp’s market cap is C$8.84B.
When is B2Gold Corp’s upcoming earnings report date?
B2Gold Corp’s upcoming earnings report date is Nov 04, 2026 which is in 10 days.
How were B2Gold Corp’s earnings last quarter?
B2Gold Corp released its earnings results on Aug 06, 2026. The company reported C$0.042 earnings per share for the quarter, missing the consensus estimate of C$0.102 by -C$0.06.
Is B2Gold Corp overvalued?
According to Wall Street analysts B2Gold Corp’s price is currently Undervalued.
Does B2Gold Corp pay dividends?
B2Gold Corp pays a Quarterly dividend of C$0.028 which represents an annual dividend yield of 1.66%. See more information on B2Gold Corp dividends here
What is B2Gold Corp’s EPS estimate?
B2Gold Corp’s EPS estimate is 0.17.
How many shares outstanding does B2Gold Corp have?
B2Gold Corp has 1,321,387,000 shares outstanding.
What happened to B2Gold Corp’s price movement after its last earnings report?
B2Gold Corp reported an EPS of C$0.042 in its last earnings report, missing expectations of C$0.102. Following the earnings report the stock price went up 22.469%.
Which hedge fund is a major shareholder of B2Gold Corp?
Currently, no hedge funds are holding shares in TSE:BTO
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
B2Gold Stock Smart Score
Neutral
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
C$8.91 (11.66% Upside)
C$8.91 (11.66% Upside)
Blogger Sentiment
Bullish
TSE:BTO Sentiment 94%
Sector Average 68%
Sector Average 68%
Insider Transactions
Sold Shares
Worth C$3.1M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.1%
Last 30 Days ▼ 6.9%
Last 30 Days ▼ 6.9%
News Sentiment
Very Bearish
Bullish news 0%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-7.04%
12-Months-Change
Fundamentals
Return on Equity
21.87%
Trailing 12-Months
Asset Growth
8.35%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
B2Gold Corp
B2Gold Corp. is a prominent gold mining company that manages three active operations: the Fekola Mine in Mali, the Masbate Mine in the Philippines, and the Otjikoto Mine in Namibia. Beyond its direct mining activities, the firm maintains significant equity stakes, including a 25% interest in Calibre Mining Corp. and approximately 19% in BeMetals Corp. Its extensive portfolio also includes various other properties undergoing evaluation and exploration, situated in Mali, Uzbekistan, and Finland. Established in 2006, this corporation's headquarters are located in Vancouver, Canada.
BTO Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call delivered several meaningful positives: a material permitting milestone for Fekola Regional that unlocks long-term production growth (>150,000 oz/year from 2028), in-line Q2 production (204k oz) with outperformance at key mines (Fekola, Masbate, Otjikoto), a $325 million asset sale, elimination of prepay/collar encumbrances heading into 2027, narrowed company guidance and lower AISC expectations, and continued active capital returns. Offsetting these positives were notable near-term cash pressures—negative free cash flow of $258 million in Q2 driven by front-loaded cash taxes (45% of expected 2026 tax paid in Q2), realized losses from collar contracts (~$71M), and operational disruption and incremental costs at Goose due to the April crusher fire. While there are short-term cash-flow and operational headwinds, the strategic and operational milestones materially strengthen the company’s medium-term outlook.View all TSE:BTO earnings summariesBTO Stock 12 Month Forecast
Average Price Target
C$8.91
▲(11.66% Upside)