B2Gold Corp. (NYSE:BTG – Free Report) – Stock analysts at Stifel Canada boosted their FY2025 earnings estimates for shares of B2Gold in a report released on Monday, April 21st. Stifel Canada analyst I. Rico now forecasts that the company will post earnings of $0.48 per share for the year, up from their previous forecast of $0.47. The consensus estimate for B2Gold’s current full-year earnings is $0.40 per share. Stifel Canada also issued estimates for B2Gold’s FY2026 earnings at $0.48 EPS and FY2027 earnings at $0.78 EPS.
A number of other research analysts have also recently commented on the company. CIBC increased their price target on B2Gold from $3.30 to $3.60 and gave the company a “neutral” rating in a research note on Thursday, March 20th. Cormark upgraded shares of B2Gold from a “hold” rating to a “moderate buy” rating in a report on Tuesday. National Bankshares reissued an “outperform” rating on shares of B2Gold in a research report on Wednesday, April 2nd. TD Securities downgraded B2Gold from a “buy” rating to a “hold” rating in a research note on Tuesday, February 4th. Finally, Raymond James restated an “outperform” rating and set a $4.50 price target on shares of B2Gold in a research report on Friday, April 4th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating, three have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $4.21.
B2Gold Stock Down 3.2 %
BTG opened at $3.29 on Wednesday. The company has a market capitalization of $4.34 billion, a P/E ratio of -6.85, a P/E/G ratio of 0.33 and a beta of 0.93. B2Gold has a fifty-two week low of $2.20 and a fifty-two week high of $3.51. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.08 and a current ratio of 1.83. The stock has a fifty day moving average of $2.93 and a 200-day moving average of $2.82.
Institutional Investors Weigh In On B2Gold
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. HighTower Advisors LLC purchased a new stake in shares of B2Gold in the third quarter worth about $36,000. Barclays PLC lifted its position in B2Gold by 23.7% during the third quarter. Barclays PLC now owns 910,558 shares of the company’s stock valued at $2,804,000 after purchasing an additional 174,477 shares during the last quarter. Geode Capital Management LLC grew its stake in shares of B2Gold by 46.7% in the 3rd quarter. Geode Capital Management LLC now owns 2,075,521 shares of the company’s stock worth $7,544,000 after buying an additional 661,107 shares in the last quarter. Virtu Financial LLC increased its holdings in shares of B2Gold by 26.8% in the 3rd quarter. Virtu Financial LLC now owns 105,206 shares of the company’s stock worth $324,000 after buying an additional 22,232 shares during the last quarter. Finally, Sanctuary Advisors LLC bought a new position in shares of B2Gold in the 3rd quarter valued at about $50,000. Institutional investors own 61.40% of the company’s stock.
B2Gold Cuts Dividend
The company also recently declared a quarterly dividend, which was paid on Thursday, March 20th. Stockholders of record on Friday, March 7th were issued a dividend of $0.02 per share. The ex-dividend date was Friday, March 7th. This represents a $0.08 annualized dividend and a dividend yield of 2.43%. B2Gold’s payout ratio is -16.67%.
B2Gold Company Profile
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.
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