National Bank Financial Forecasts Weaker Earnings for B2Gold

B2Gold Corp. (TSE:BTO) (NYSE:BTG) – Stock analysts at National Bank Financial dropped their FY2025 earnings per share estimates for shares of B2Gold in a research note issued on Monday, February 10th. National Bank Financial analyst D. Demarco now forecasts that the company will post earnings of $0.36 per share for the year, down from their previous estimate of $0.45. The consensus estimate for B2Gold’s current full-year earnings is $0.56 per share.

A number of other brokerages also recently issued reports on BTO. BMO Capital Markets dropped their price objective on B2Gold from C$8.50 to C$7.00 in a research note on Tuesday, January 14th. TD Securities downgraded B2Gold from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, February 4th. Bank of America downgraded B2Gold from a “buy” rating to an “underperform” rating in a research note on Tuesday, January 14th. Finally, Stifel Nicolaus boosted their price objective on B2Gold from C$6.00 to C$6.50 in a research note on Monday, October 21st. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat, B2Gold presently has a consensus rating of “Hold” and an average target price of C$5.79.

B2Gold Stock Up 0.3 %

Shares of BTO opened at C$3.67 on Wednesday. The company has a market capitalization of C$3.39 billion, a PE ratio of -4.22, a PEG ratio of -0.27 and a beta of 1.23. The company has a current ratio of 1.83, a quick ratio of 3.33 and a debt-to-equity ratio of 7.51. The stock’s 50-day moving average price is C$3.60 and its two-hundred day moving average price is C$3.93. B2Gold has a 12 month low of C$3.16 and a 12 month high of C$4.84.

B2Gold Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, December 12th. Investors of record on Thursday, December 12th were given a $0.054 dividend. This represents a $0.22 dividend on an annualized basis and a yield of 5.89%. The ex-dividend date was Monday, December 2nd. B2Gold’s payout ratio is -25.32%.

Insider Activity at B2Gold

In related news, Senior Officer Randall Chatwin acquired 10,153 shares of the firm’s stock in a transaction on Thursday, December 19th. The stock was purchased at an average cost of C$3.51 per share, with a total value of C$35,637.03. 0.66% of the stock is currently owned by corporate insiders.

About B2Gold

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.