Scotiabank Weighs in on B2Gold’s FY2027 Earnings (TSE:BTO)

B2Gold Corp. (TSE:BTO) (NYSE:BTG) – Investment analysts at Scotiabank decreased their FY2027 earnings per share estimates for shares of B2Gold in a research report issued on Wednesday, July 15th. Scotiabank analyst O. Habib now forecasts that the company will post earnings per share of $0.82 for the year, down from their previous forecast of $1.31. The consensus estimate for B2Gold’s current full-year earnings is $0.56 per share.

B2Gold (TSE:BTO) (NYSE:BTG) last issued its earnings results on Wednesday, May 6th. The company reported C$0.26 EPS for the quarter. B2Gold had a return on equity of 15.70% and a net margin of 14.78%.The business had revenue of C$1.61 billion during the quarter.

Separately, National Bank Financial decreased their price objective on B2Gold from C$10.70 to C$9.75 and set an “outperform” rating for the company in a report on Tuesday, July 14th. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, B2Gold currently has a consensus rating of “Moderate Buy” and a consensus target price of C$8.83.

B2Gold Price Performance

Shares of TSE:BTO opened at C$5.14 on Monday. The business’s 50 day simple moving average is C$6.03 and its two-hundred day simple moving average is C$6.51. The firm has a market cap of C$6.85 billion, a P/E ratio of 13.53, a PEG ratio of -0.27 and a beta of 1.73. The company has a debt-to-equity ratio of 14.16, a quick ratio of 3.33 and a current ratio of 1.19. B2Gold has a 52-week low of C$4.56 and a 52-week high of C$8.60.

Insider Activity

In other news, insider Peter Dominic Montano sold 61,254 shares of the company’s stock in a transaction on Wednesday, June 17th. The shares were sold at an average price of C$6.51, for a total value of C$398,763.54. Following the completion of the sale, the insider owned 456 shares in the company, valued at C$2,968.56. This represents a 99.26% decrease in their position. Also, Director Michael Andrew Cinnamond sold 14,089 shares of the stock in a transaction dated Friday, July 3rd. The shares were sold at an average price of C$5.88, for a total transaction of C$82,843.32. Following the completion of the sale, the director owned 315,371 shares of the company’s stock, valued at approximately C$1,854,381.48. This represents a 4.28% decrease in their position. Over the last ninety days, insiders sold 250,238 shares of company stock worth $1,564,825. Company insiders own 0.66% of the company’s stock.

B2Gold Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 23rd. Investors of record on Tuesday, June 23rd were given a dividend of $0.02 per share. The ex-dividend date of this dividend was Wednesday, June 10th. This represents a $0.08 annualized dividend and a dividend yield of 1.6%. B2Gold’s payout ratio is presently 21.05%.

About B2Gold

B2Gold is a responsible international gold producer headquartered in Vancouver, Canada. Founded in 2007, today, B2Gold has operating gold mines in Canada, Mali, Namibia and the Philippines, and numerous development and exploration projects in various countries.