Cormark Weighs in on B2Gold’s Q3 Earnings (NYSE:BTG)

B2Gold Corp. (NYSE:BTG) – Investment analysts at Cormark lowered their Q3 2025 EPS estimates for B2Gold in a research note issued on Wednesday, February 5th. Cormark analyst R. Gray now expects that the company will post earnings of $0.12 per share for the quarter, down from their previous forecast of $0.13. The consensus estimate for B2Gold’s current full-year earnings is $0.21 per share.

B2Gold (NYSE:BTG) last released its earnings results on Wednesday, November 6th. The company reported $0.02 earnings per share for the quarter, missing the consensus estimate of $0.05 by ($0.03). The company had revenue of $448.23 million for the quarter, compared to analysts’ expectations of $449.28 million. B2Gold had a negative net margin of 38.42% and a positive return on equity of 7.53%. B2Gold’s revenue for the quarter was down 6.2% on a year-over-year basis. During the same quarter last year, the firm posted $0.05 earnings per share.

A number of other research analysts have also weighed in on the stock. StockNews.com lowered shares of B2Gold from a “buy” rating to a “hold” rating in a report on Friday, November 8th. CIBC decreased their target price on shares of B2Gold from $3.70 to $3.30 and set a “neutral” rating on the stock in a research report on Wednesday, January 15th. Bank of America downgraded shares of B2Gold from a “buy” rating to an “underperform” rating in a research note on Tuesday, January 14th. Finally, TD Securities downgraded shares of B2Gold from a “buy” rating to a “hold” rating in a research note on Tuesday. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $4.02.

B2Gold Trading Up 2.8 %

Shares of BTG stock opened at $2.55 on Thursday. The stock has a fifty day simple moving average of $2.54 and a two-hundred day simple moving average of $2.84. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.08 and a current ratio of 1.83. B2Gold has a 52-week low of $2.20 and a 52-week high of $3.50. The firm has a market capitalization of $3.36 billion, a PE ratio of -4.55, a PEG ratio of 0.27 and a beta of 1.10.

Institutional Trading of B2Gold

A number of hedge funds and other institutional investors have recently made changes to their positions in BTG. Moors & Cabot Inc. increased its holdings in B2Gold by 35.0% in the third quarter. Moors & Cabot Inc. now owns 13,500 shares of the company’s stock valued at $42,000 after buying an additional 3,500 shares during the last quarter. Creative Planning grew its stake in shares of B2Gold by 6.2% in the 3rd quarter. Creative Planning now owns 82,324 shares of the company’s stock valued at $254,000 after purchasing an additional 4,810 shares during the last quarter. Concurrent Investment Advisors LLC boosted its holdings in B2Gold by 24.7% in the 3rd quarter. Concurrent Investment Advisors LLC now owns 26,513 shares of the company’s stock valued at $82,000 after purchasing an additional 5,257 shares in the last quarter. Blue Trust Inc. grew its holdings in B2Gold by 72.1% during the third quarter. Blue Trust Inc. now owns 13,755 shares of the company’s stock worth $42,000 after acquiring an additional 5,764 shares during the period. Finally, Sei Investments Co. increased its holdings in B2Gold by 31.3% in the second quarter. Sei Investments Co. now owns 33,459 shares of the company’s stock valued at $90,000 after buying an additional 7,974 shares in the last quarter. Institutional investors and hedge funds own 61.40% of the company’s stock.

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.