National Bank Financial Forecasts Lower Earnings for B2Gold

B2Gold Corp. (NYSE:BTG) – Analysts at National Bank Financial dropped their FY2025 earnings estimates for B2Gold in a research report issued on Monday, February 10th. National Bank Financial analyst D. Demarco now anticipates that the company will post earnings per share of $0.25 for the year, down from their previous estimate of $0.31. The consensus estimate for B2Gold’s current full-year earnings is $0.21 per share.

Several other equities research analysts have also recently issued reports on the stock. Bank of America cut shares of B2Gold from a “buy” rating to an “underperform” rating in a research report on Tuesday, January 14th. StockNews.com cut shares of B2Gold from a “buy” rating to a “hold” rating in a research report on Friday, November 8th. TD Securities cut shares of B2Gold from a “buy” rating to a “hold” rating in a research report on Tuesday, February 4th. Finally, CIBC cut their price objective on shares of B2Gold from $3.70 to $3.30 and set a “neutral” rating for the company in a research report on Wednesday, January 15th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and one has given a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $4.02.

B2Gold Stock Performance

NYSE:BTG opened at $2.59 on Wednesday. B2Gold has a twelve month low of $2.20 and a twelve month high of $3.50. The company has a market cap of $3.41 billion, a P/E ratio of -4.62, a P/E/G ratio of 0.28 and a beta of 1.10. The company’s 50-day moving average price is $2.51 and its 200-day moving average price is $2.82. The company has a current ratio of 1.83, a quick ratio of 1.08 and a debt-to-equity ratio of 0.07.

Institutional Investors Weigh In On B2Gold

A number of institutional investors have recently made changes to their positions in BTG. Creative Planning increased its position in shares of B2Gold by 6.2% during the third quarter. Creative Planning now owns 82,324 shares of the company’s stock valued at $254,000 after acquiring an additional 4,810 shares during the last quarter. Stableford Capital II LLC increased its position in shares of B2Gold by 115.4% during the third quarter. Stableford Capital II LLC now owns 28,000 shares of the company’s stock valued at $90,000 after acquiring an additional 15,000 shares during the last quarter. Vontobel Holding Ltd. increased its position in shares of B2Gold by 26.7% during the third quarter. Vontobel Holding Ltd. now owns 96,615 shares of the company’s stock valued at $299,000 after acquiring an additional 20,356 shares during the last quarter. Blue Trust Inc. increased its position in shares of B2Gold by 72.1% during the third quarter. Blue Trust Inc. now owns 13,755 shares of the company’s stock valued at $42,000 after acquiring an additional 5,764 shares during the last quarter. Finally, E&G Advisors LP acquired a new stake in shares of B2Gold during the third quarter valued at about $31,000. 61.40% of the stock is currently owned by institutional investors and hedge funds.

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.