Cormark Has Pessimistic View of B2Gold FY2025 Earnings

B2Gold Corp. (TSE:BTO) (NYSE:BTG) – Equities researchers at Cormark reduced their FY2025 EPS estimates for B2Gold in a research 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 previous forecast of $0.52. The consensus estimate for B2Gold’s current full-year earnings is $0.56 per share.

BTO has been the subject of a number of other research reports. CIBC set a C$3.30 price target on B2Gold and gave the company an “outperform” rating in a research report on Wednesday, August 14th. Cibc World Mkts downgraded shares of B2Gold from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, September 24th. Stifel Nicolaus lifted their price objective on shares of B2Gold from C$6.00 to C$6.50 in a research report on Monday, October 21st. BMO Capital Markets lowered their price target on B2Gold from C$6.50 to C$6.00 and set an “outperform” rating on the stock in a report on Monday, September 16th. Finally, Scotiabank downgraded B2Gold from an “outperform” rating to a “sector perform” rating in a research note on Friday, August 9th. Three analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. Based on data from MarketBeat, B2Gold presently has an average rating of “Moderate Buy” and a consensus target price of C$5.66.

B2Gold Price Performance

Shares of TSE:BTO opened at C$3.77 on Thursday. The company has a debt-to-equity ratio of 1.05, a quick ratio of 3.33 and a current ratio of 2.93. The company has a market capitalization of C$4.94 billion, a PE ratio of -22.18, a price-to-earnings-growth ratio of -0.27 and a beta of 1.23. The stock has a fifty day moving average of C$4.29 and a 200-day moving average of C$3.95. B2Gold has a one year low of C$3.18 and a one year high of C$4.84.

B2Gold Cuts Dividend

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

Insider Buying and Selling

In other news, Senior Officer Randall Chatwin sold 10,000 shares of the stock in a transaction dated Monday, September 16th. The stock was sold at an average price of C$4.53, for a total transaction of C$45,300.00. 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. Over the last quarter, insiders have sold 87,449 shares of company stock worth $384,111. Insiders own 0.66% of the company’s stock.

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.