FY2025 Earnings Forecast for B2Gold Issued By Cormark

B2Gold Corp. (TSE:BTO) (NYSE:BTG) – Equities research analysts at Cormark decreased their FY2025 earnings per share estimates for shares of B2Gold in a note issued to investors on Monday, November 11th. Cormark analyst R. Gray now expects that the company will post earnings of $0.50 per share for the year, down from their previous estimate of $0.52. The consensus estimate for B2Gold’s current full-year earnings is $0.56 per share.

A number of other research analysts also recently issued reports on BTO. Canaccord Genuity Group cut their price objective on shares of 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. Stifel Nicolaus lifted their price target on shares of B2Gold from C$6.00 to C$6.50 in a report on Monday, October 21st. BMO Capital Markets decreased their price objective on B2Gold from C$6.50 to C$6.00 and set an “outperform” rating for the company in a report on Monday, September 16th. 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. Finally, Cibc World Mkts cut B2Gold from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, September 24th. Three analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of C$5.66.

B2Gold Price Performance

BTO opened at C$3.79 on Thursday. The firm has a market capitalization of C$4.96 billion, a PE ratio of -22.41, a price-to-earnings-growth ratio of -0.27 and a beta of 1.23. The company has a debt-to-equity ratio of 1.05, a current ratio of 2.93 and a quick ratio of 3.33. The business’s 50-day moving average is C$4.29 and its two-hundred day moving average is C$3.95. B2Gold has a 1 year low of C$3.18 and a 1 year high of C$4.84.

B2Gold Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 12th. Stockholders of record on Monday, December 2nd will be paid a $0.054 dividend. This represents a $0.22 annualized dividend and a dividend yield of 5.70%. The ex-dividend date of this dividend is Monday, December 2nd. B2Gold’s payout ratio is -129.41%.

Insider Buying and Selling

In related news, Director Clive Thomas Johnson acquired 70,000 shares of the firm’s stock in a transaction dated Friday, October 4th. The stock was acquired at an average price of C$4.29 per share, with a total value of C$300,300.00. Also, Senior Officer Ninette Krohnert sold 16,175 shares of the firm’s stock in a transaction dated Wednesday, October 9th. The stock was sold at an average price of C$4.11, for a total value of C$66,479.25. Insiders sold 87,449 shares of company stock valued at $384,111 over the last quarter. 0.66% of the stock is currently owned by company 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.