FY2025 Earnings Estimate for B2Gold Issued By Cormark

B2Gold Corp. (TSE:BTO) (NYSE:BTG) – Equities research analysts at Cormark reduced their FY2025 earnings per share (EPS) estimates for shares of B2Gold in a report issued on Monday, November 11th. Cormark analyst R. Gray now forecasts that the company will earn $0.50 per share for the year, down from their prior forecast of $0.52. The consensus estimate for B2Gold’s current full-year earnings is $0.56 per share.

Other equities research analysts also recently issued reports about the company. Cibc World Mkts downgraded B2Gold from a “strong-buy” rating to a “hold” rating in a report on Tuesday, September 24th. Scotiabank lowered shares of B2Gold from an “outperform” rating to a “sector perform” rating in a report on Friday, August 9th. CIBC set a C$3.30 target price on shares of B2Gold and gave the company an “outperform” rating in a research note on Wednesday, August 14th. BMO Capital Markets decreased their price target on B2Gold from C$6.50 to C$6.00 and set an “outperform” rating for the company in a research note on Monday, September 16th. Finally, Stifel Nicolaus upped their price objective on B2Gold from C$6.00 to C$6.50 in a research note on Monday, October 21st. Three investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to MarketBeat.com, B2Gold currently has a consensus rating of “Moderate Buy” and a consensus price target of C$5.66.

B2Gold Trading Down 0.5 %

TSE BTO opened at C$3.77 on Thursday. The company’s fifty day simple moving average is C$4.29 and its 200-day simple moving average is C$3.95. The stock has a market cap of C$4.94 billion, a P/E ratio of -22.18, a PEG ratio of -0.27 and a beta of 1.23. B2Gold has a 52 week low of C$3.18 and a 52 week high of C$4.84. The company has a current ratio of 2.93, a quick ratio of 3.33 and a debt-to-equity ratio of 1.05.

Insider Activity at B2Gold

In other news, Senior Officer Ninette Krohnert sold 16,175 shares of the business’s stock in a transaction that occurred on Wednesday, October 9th. The stock was sold at an average price of C$4.11, for a total transaction of C$66,479.25. Also, Senior Officer Michael Stephen Mcdonald sold 56,274 shares of the firm’s stock in a transaction that occurred on Tuesday, September 24th. The shares were sold at an average price of C$4.46, for a total value of C$250,982.04. Insiders sold 87,449 shares of company stock worth $384,111 in the last 90 days. 0.66% of the stock is currently owned by company insiders.

B2Gold Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 12th. Stockholders of record on Monday, December 2nd will be given a dividend of $0.054 per share. This represents a $0.22 dividend on an annualized basis and a dividend yield of 5.73%. The ex-dividend date of this dividend is Monday, December 2nd. B2Gold’s payout ratio is -129.41%.

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.