Scotiabank Has Optimistic Opinion of B2Gold FY2026 Earnings

B2Gold Corp (NYSEAMERICAN:BTG) (TSE:BTO) – Scotiabank boosted their FY2026 earnings per share (EPS) estimates for B2Gold in a research report issued to clients and investors on Thursday, October 22nd. Scotiabank analyst O. Habib now expects that the basic materials company will post earnings per share of $0.38 for the year, up from their previous forecast of $0.37. Scotiabank has a “Sector Outperform” rating on the stock. The consensus estimate for B2Gold’s current full-year earnings is $0.53 per share.

Several other equities analysts have also weighed in on BTG. Canadian Imperial Bank of Commerce raised shares of B2Gold from a “hold” rating to an “outperform” rating and set a $7.50 target price for the company in a report on Monday, August 10th. Jefferies Financial Group lowered their price target on shares of B2Gold from $7.00 to $6.00 and set a “buy” rating on the stock in a report on Monday, July 6th. Royal Bank Of Canada raised their price target on shares of B2Gold from $5.00 to $6.25 and gave the company a “sector perform” rating in a research report on Wednesday, September 16th. TD Securities raised shares of B2Gold from a “hold” rating to a “strong-buy” rating in a report on Monday, August 10th. Finally, Raymond James Financial lifted their price objective on shares of B2Gold from $7.25 to $7.50 and gave the company an “outperform” rating in a report on Friday, September 4th. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, B2Gold has an average rating of “Buy” and a consensus target price of $6.81.

B2Gold Stock Performance

B2Gold stock opened at $4.98 on Monday. B2Gold has a 12 month low of $3.57 and a 12 month high of $6.28. The stock’s 50 day simple moving average is $5.31 and its two-hundred day simple moving average is $4.83.

B2Gold (NYSEAMERICAN:BTG) (TSE:BTO) last announced its quarterly earnings results on Thursday, August 6th. The basic materials company reported $0.03 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.04). The business had revenue of $789.35 million during the quarter, compared to the consensus estimate of $836.33 million. During the same period in the previous year, the firm earned $0.12 earnings per share. The company’s revenue for the quarter was up 14.0% compared to the same quarter last year.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Northwestern Mutual Wealth Management Co. acquired a new position in B2Gold during the second quarter worth $37,000. Sanctuary Advisors LLC acquired a new stake in shares of B2Gold in the second quarter valued at about $41,000. GSA Capital Partners LLP acquired a new stake in shares of B2Gold in the second quarter valued at about $43,000. DGS Capital Management LLC acquired a new stake in shares of B2Gold in the first quarter valued at about $50,000. Finally, Ascentis Independent Advisors acquired a new stake in shares of B2Gold in the first quarter valued at about $50,000. 61.40% of the stock is owned by institutional investors and hedge funds.

About B2Gold

B2Gold Corp. is a Canadian gold mining company engaged in the acquisition, development and operation of gold mines and exploration properties. The company’s activities include mineral exploration, mine development, ore processing and the production and sale of gold.

B2Gold’s principal producing assets have included the Fekola Complex in Mali and the Masbate Mine in the Philippines. The company has also operated the Otjikoto Mine in Namibia and has pursued additional growth through exploration and project development in several jurisdictions.

Founded in 2007 and headquartered in Vancouver, British Columbia, B2Gold expanded from an exploration-focused business into an international gold producer.