What is Scotiabank’s Forecast for B2Gold FY2026 Earnings?

B2Gold Corp (NYSEAMERICAN:BTG) (TSE:BTO) – Equities research analysts at Scotiabank boosted their FY2026 earnings estimates for shares of B2Gold in a research report issued on Wednesday, July 15th. Scotiabank analyst O. Habib now anticipates that the basic materials company will post earnings of $0.44 per share for the year, up from their previous forecast of $0.43. The consensus estimate for B2Gold’s current full-year earnings is $0.62 per share.

B2Gold (NYSEAMERICAN:BTG) (TSE:BTO) last posted its quarterly earnings results on Wednesday, May 6th. The basic materials company reported $0.19 earnings per share for the quarter, topping analysts’ consensus estimates of $0.11 by $0.08. The business had revenue of $1.16 billion for the quarter, compared to the consensus estimate of $893.41 million. B2Gold had a net margin of 14.91% and a return on equity of 21.36%. B2Gold’s revenue for the quarter was up 117.7% compared to the same quarter last year. During the same period in the prior year, the business posted $0.09 earnings per share.

A number of other research firms also recently commented on BTG. Royal Bank Of Canada dropped their price objective on B2Gold from $5.75 to $5.00 and set a “sector perform” rating on the stock in a report on Thursday, July 9th. Jefferies Financial Group reduced their target price on shares of B2Gold from $7.00 to $6.00 and set a “buy” rating for the company in a research note on Monday, July 6th. One analyst has rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of $5.50.

B2Gold Stock Up 0.3%

BTG opened at $3.67 on Friday. The company has a market capitalization of $4.85 billion, a PE ratio of 10.19, a price-to-earnings-growth ratio of 0.29 and a beta of 0.66. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.19 and a quick ratio of 0.59. B2Gold has a fifty-two week low of $3.31 and a fifty-two week high of $6.28. The business has a 50-day moving average of $4.31 and a 200-day moving average of $4.71.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in B2Gold by 11.1% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 387,839 shares of the basic materials company’s stock worth $1,749,000 after purchasing an additional 38,598 shares during the last quarter. TD Waterhouse Canada Inc. boosted its position in B2Gold by 22.1% during the fourth quarter. TD Waterhouse Canada Inc. now owns 422,008 shares of the basic materials company’s stock worth $1,900,000 after purchasing an additional 76,384 shares during the period. Ruffer LLP acquired a new position in B2Gold during the fourth quarter valued at approximately $2,054,000. Kingswood Wealth Advisors LLC acquired a new position in B2Gold during the fourth quarter valued at approximately $65,000. Finally, Concurrent Investment Advisors LLC raised its position in shares of B2Gold by 17.5% in the fourth quarter. Concurrent Investment Advisors LLC now owns 26,079 shares of the basic materials company’s stock valued at $118,000 after purchasing an additional 3,888 shares during the period. Institutional investors and hedge funds own 61.40% of the company’s stock.

About B2Gold

B2Gold Corp. is a Canadian-based intermediate gold producer with a diversified portfolio of operating mines and advanced-stage development projects. Founded in 2007 through the merger of Bema Gold and CGA Mining, the company has grown to become one of the world’s largest new gold producers. Headquartered in Vancouver, British Columbia, B2Gold focuses on efficient, low-cost operations across several continents, combining exploration, development and production within a single strategic framework.

The company’s flagship assets include the Fekola mine in Mali, which commenced production in 2017, the Otjikoto mine in Namibia, and the Masbate mine in the Philippines.