Cormark Has Negative Outlook for B2Gold FY2025 Earnings

B2Gold Corp. (TSE:BTO) (NYSE:BTG) – Analysts at Cormark reduced their FY2025 earnings per share estimates for B2Gold in a report released on Monday, November 11th. Cormark analyst R. Gray now anticipates that the company will post earnings of $0.50 per share for the year, down from their prior estimate of $0.52. The consensus estimate for B2Gold’s current full-year earnings is $0.56 per share.

Other equities analysts have also issued reports about the stock. Stifel Nicolaus boosted their target price on shares of B2Gold from C$6.00 to C$6.50 in a report on Monday, October 21st. CIBC set a C$3.30 price objective on B2Gold and gave the stock an “outperform” rating in a research report on Wednesday, August 14th. Canaccord Genuity Group reduced their target price on B2Gold from C$7.50 to C$7.00 and set a “buy” rating on the stock in a research report on Tuesday, August 13th. Cibc World Mkts cut B2Gold from a “strong-buy” rating to a “hold” rating in a report on Tuesday, September 24th. Finally, Scotiabank lowered shares of B2Gold from an “outperform” rating to a “sector perform” rating in a report on Friday, August 9th. Three research analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of C$5.66.

B2Gold Trading Down 2.6 %

Shares of BTO stock opened at C$3.75 on Thursday. The company has a current ratio of 2.93, a quick ratio of 3.33 and a debt-to-equity ratio of 1.05. B2Gold has a twelve month low of C$3.18 and a twelve month high of C$4.84. The company’s 50-day moving average price is C$4.29 and its 200-day moving average price is C$3.95. The stock has a market cap of C$4.91 billion, a price-to-earnings ratio of -22.06, a PEG ratio of -0.27 and a beta of 1.23.

Insider Buying and Selling at B2Gold

In related news, Senior Officer Randall Chatwin sold 10,000 shares of the stock in a transaction on Monday, September 16th. The shares were sold at an average price of C$4.53, for a total value of C$45,300.00. In related news, Senior Officer Ninette Krohnert sold 16,175 shares of the stock in a transaction on Wednesday, October 9th. The stock was sold at an average price of C$4.11, for a total transaction of C$66,479.25. Also, Senior Officer Randall Chatwin sold 10,000 shares of the firm’s stock in a transaction on Monday, September 16th. The shares were sold at an average price of C$4.53, for a total value of C$45,300.00. Insiders sold 87,449 shares of company stock valued at $384,111 in the last 90 days. Company insiders own 0.66% of the company’s stock.

B2Gold Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 12th. Shareholders of record on Monday, December 2nd will be issued a dividend of $0.054 per share. The ex-dividend date is Monday, December 2nd. This represents a $0.22 dividend on an annualized basis and a yield of 5.76%. B2Gold’s dividend payout ratio (DPR) is presently -129.41%.

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.