Scotiabank Issues Optimistic Estimate for B2Gold Earnings

B2Gold Corp. (TSE:BTO) (NYSE:BTG) – Research analysts at Scotiabank increased their FY2026 EPS estimates for B2Gold in a note issued to investors on Wednesday, July 15th. Scotiabank analyst O. Habib now anticipates that the company will earn $0.62 per share for the year, up from their prior forecast of $0.61. The consensus estimate for B2Gold’s current full-year earnings is $0.56 per share.

B2Gold (TSE:BTO) (NYSE:BTG) last released 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 for the quarter.

Separately, National Bank Financial lowered their target price on shares of B2Gold from C$10.70 to C$9.75 and set an “outperform” rating for the company in a research note on Tuesday, July 14th. One investment analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of C$8.83.

B2Gold Stock Performance

Shares of BTO stock opened at C$5.14 on Friday. The firm’s 50 day moving average is C$6.03 and its 200 day moving average is C$6.51. The company has a current ratio of 1.19, a quick ratio of 3.33 and a debt-to-equity ratio of 14.16. The stock has a market capitalization of C$6.85 billion, a P/E ratio of 13.53, a P/E/G ratio of -0.27 and a beta of 1.73. B2Gold has a 12-month low of C$4.56 and a 12-month high of C$8.60.

Insider Activity

In other news, insider Randall Chatwin sold 22,000 shares of B2Gold stock in a transaction that occurred on Tuesday, July 7th. The shares were sold at an average price of C$5.70, for a total transaction of C$125,400.00. Following the sale, the insider owned 119,989 shares of the company’s stock, valued at approximately C$683,937.30. The trade was a 15.49% decrease in their position. Also, insider Neil Reeder sold 8,482 shares of the business’s 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$49,874.16. Following the completion of the sale, the insider owned 10,067 shares in the company, valued at approximately C$59,193.96. This trade represents a 45.73% decrease in their ownership of the stock. Insiders sold 250,238 shares of company stock valued at $1,564,825 in the last quarter. 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. Shareholders of record on Tuesday, June 23rd were paid a $0.02 dividend. The ex-dividend date of this dividend was Wednesday, June 10th. This represents a $0.08 dividend on an annualized basis and a dividend yield of 1.6%. B2Gold’s dividend payout ratio (DPR) is 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.