Cormark Has Bearish Estimate for B2Gold Q3 Earnings

B2Gold Corp. (NYSE:BTG) – Investment analysts at Cormark decreased their Q3 2025 EPS estimates for shares of B2Gold in a report issued on Monday, March 31st. Cormark analyst R. Gray now anticipates that the company will earn $0.09 per share for the quarter, down from their previous forecast of $0.11. Cormark currently has a “Hold” rating on the stock. The consensus estimate for B2Gold’s current full-year earnings is $0.40 per share. Cormark also issued estimates for B2Gold’s Q4 2025 earnings at $0.11 EPS, FY2025 earnings at $0.35 EPS, FY2027 earnings at $0.36 EPS, FY2028 earnings at $0.46 EPS and FY2029 earnings at $0.51 EPS.

Several other research analysts have also weighed in on BTG. CIBC increased their target price on B2Gold from $3.30 to $3.60 and gave the stock a “neutral” rating in a research report on Thursday, March 20th. Bank of America downgraded B2Gold from a “buy” rating to an “underperform” rating in a report on Tuesday, January 14th. Finally, TD Securities cut B2Gold from a “buy” rating to a “hold” rating in a report on Tuesday, February 4th. One 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 stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $4.12.

B2Gold Stock Performance

Shares of BTG stock opened at $2.92 on Tuesday. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.08 and a current ratio of 1.83. The firm has a market capitalization of $3.85 billion, a price-to-earnings ratio of -6.08, a price-to-earnings-growth ratio of 0.33 and a beta of 1.09. B2Gold has a one year low of $2.20 and a one year high of $3.50. The company has a 50 day moving average price of $2.74 and a 200 day moving average price of $2.84.

Hedge Funds Weigh In On B2Gold

Hedge funds and other institutional investors have recently bought and sold shares of the stock. FMR LLC grew its position in B2Gold by 0.7% in the third quarter. FMR LLC now owns 59,489,129 shares of the company’s stock valued at $183,862,000 after acquiring an additional 438,399 shares in the last quarter. Vanguard Group Inc. grew its holdings in B2Gold by 2.2% during the 4th quarter. Vanguard Group Inc. now owns 53,010,477 shares of the company’s stock valued at $129,823,000 after purchasing an additional 1,165,204 shares in the last quarter. Renaissance Technologies LLC grew its holdings in B2Gold by 1.0% during the 4th quarter. Renaissance Technologies LLC now owns 27,186,655 shares of the company’s stock valued at $66,335,000 after purchasing an additional 272,300 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in B2Gold by 0.5% during the 4th quarter. Dimensional Fund Advisors LP now owns 24,389,363 shares of the company’s stock worth $59,510,000 after buying an additional 130,638 shares during the period. Finally, American Century Companies Inc. lifted its holdings in B2Gold by 31.3% in the 4th quarter. American Century Companies Inc. now owns 22,658,771 shares of the company’s stock worth $55,436,000 after buying an additional 5,401,334 shares in the last quarter. 61.40% of the stock is owned by institutional investors and hedge funds.

B2Gold Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 20th. Stockholders of record on Friday, March 7th were paid a $0.02 dividend. The ex-dividend date was Friday, March 7th. This represents a $0.08 dividend on an annualized basis and a dividend yield of 2.74%. B2Gold’s dividend payout ratio (DPR) is currently -16.67%.

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.