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B2Gold Corp (BTG)
:BTG
Earnings Data
Report Date
May 13, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.07Last Year’s EPS
0.06Same Quarter Last Year
Moderate Buy
Based on 11 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 19, 2025
|% Change Since: 5.64%
|Next Earnings Date:May 13, 2025
Earnings Call Sentiment|Positive
The earnings call highlighted significant growth prospects, strong financial positioning, and successful project execution. However, challenges in production and operational issues in 2024 impacted earnings. The outlook for 2025 is optimistic with resolved issues and anticipated increased production.Company Guidance
During the fourth quarter and full-year 2024 financial results conference call, B2Gold Corporation provided guidance indicating that they met their guidance for the year, achieving the upper end of all-in sustaining costs and the lower end of production targets. Looking ahead to 2025, the company anticipates increased production at Fekola, with plans to start trucking ore and expand Fekola underground operations. Significant growth is expected from the Goose project, projected to produce over 300,000 ounces of gold annually, alongside 180,000 ounces from Fekola Regional. Additional potential production of 240,000 ounces could come from the Gramalote project, contingent on a positive feasibility study. Despite challenges in 2024, including lower-than-budgeted production at Fekola and impacts from currency fluctuations, B2Gold remains financially robust, ending the year with $337 million in cash and cash equivalents and full access to an $800 million revolving credit facility. The company is optimistic about resolving issues with the Mali government and capitalizing on existing assets for a strong production profile in 2025.Production and Growth Prospects
Substantial increase in production expected from Fekola, with plans to start trucking ore and expand to underground mining. Goose is projected to improve over 300,000 ounces of gold annually starting June 2025. Potential for 300,000 ounces of annual production from the Gramalote Project in Colombia, subject to positive feasibility study.
Financial Position and Flexibility
Strong financial position with $337 million in cash and cash equivalents. Recently completed a convertible note offering for $460 million, paying down the revolving credit facility, leaving $800 million capacity. This provides financial flexibility for Goose construction and growth initiatives.
Positive Developments in Mali
Reached an agreement with the Mali government to proceed with Fekola and regional projects, which should enhance relations and allow for future growth. This development removes significant uncertainty regarding operations in Mali.
Successful Project Execution
The Goose project is on track with construction activities completed as scheduled. The 2025 winter ice road opened ahead of schedule, facilitating material transportation. Masbate and Otjikoto operations outperformed expectations, delivering strong free cash flow.
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BTG Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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BTG Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 19, 2025 | $2.66 | $2.81 | +5.64% |
| Nov 06, 2024 | $3.14 | $3.01 | -4.14% |
| Aug 08, 2024 | $2.68 | $2.40 | -10.45% |
| May 07, 2024 | $2.43 | $2.51 | +3.29% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does B2Gold Corp (BTG) report earnings?
B2Gold Corp (BTG) is schdueled to report earning on May 13, 2025, TBA Not Confirmed.
What is B2Gold Corp (BTG) earnings time?
B2Gold Corp (BTG) earnings time is at May 13, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is BTG EPS forecast?
BTG EPS forecast for the fiscal quarter 2025 (Q1) is 0.07.
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