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BTO Stock Chart & Stats
C$5.44
C$0.03(0.55%)
At close: 4:00 PM EDT
C$5.44
C$0.03(0.55%)
Day’s Range― - ―
52-Week RangeC$4.66 - C$8.60
Previous CloseN/A
Volume1.82M
Average Volume (3M)4.42M
Market Cap
C$7.18B
Enterprise ValueC$9.60K
Total Cash (Recent Filing)C$482.40M
Total Debt (Recent Filing)C$520.25M
Price to Earnings (P/E)9.3
Beta2.21
Next Earnings
Aug 06, 2026EPS Estimate
0.1Next Dividend Ex-DateN/A
Dividend Yield2.11%
Share Statistics
EPS (TTM)0.40
Shares Outstanding1,332,417,600
10 Day Avg. Volume3,257,634
30 Day Avg. Volume4,420,173
Financial Highlights & Ratios
PEG Ratio-0.09
Price to Book (P/B)1.66
Price to Sales (P/S)1.91
P/FCF Ratio89.85
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$8.21Price Target Upside50.89% Upside
Rating ConsensusHold
Number of Analyst Covering5
EPS Forecast (FY)0.63
Revenue Forecast (FY)C$4.14B
Bulls Say, Bears Say
Bulls Say
Cash GenerationMaterial and sustained operating cash flow (Q1 OCF $539M; TTM OCF ~$1.23B) and improved free cash flow (~$431M TTM) bolster the company’s ability to fund sustaining/development capex, pay down debt, and pursue buybacks or opportunistic investments without relying on external financing.
Conservative Balance SheetLow leverage (TTM debt-to-equity ~0.14) and a fully available revolving facility provide structural resilience against commodity cycles. This financial flexibility supports capital spending, project development and potential M&A while reducing refinancing and solvency risks during downturns.
Active Capital Allocation & Portfolio OptimizationManagement’s monetization of Fingold ($325M), significant buybacks (~$98M) and revolver repayment show disciplined capital allocation. These structural moves improve liquidity, sharpen the asset base, return capital to shareholders and reduce balance sheet risk over the medium term.
Bears Say
Earnings & FCF VolatilityPronounced historical swings in earnings and free cash flow (including negative FCF in 2023 and only ~35% FCF conversion TTM) reduce cash predictability. This structural volatility complicates long‑term capital planning, makes recurring buybacks/dividends less certain, and raises risk if metals prices or operations deteriorate.
Operational Execution Risk At GooseThe localized crushing‑circuit fire and required Phase 1 repairs and larger Phase 2 upgrades highlight execution risk. Additional capex and ramp uncertainty can suppress medium‑term production, raise unit costs, and burden near‑term cash flow if throughput improvements are delayed or underperform expectations.
Regulatory & Supply Risks (Fekola, Masbate)Fekola’s reliance on a regional exploitation permit (deadline end‑June) and Masbate’s short fuel coverage and diesel exposure pose structural operational risks. Permit delays or prolonged fuel/logistics pressures can defer planned production ramps and increase operating cost volatility across the portfolio.
B2Gold News
BTO FAQ
What was B2Gold Corp.’s price range in the past 12 months?
B2Gold Corp. lowest stock price was C$4.66 and its highest was C$8.60 in the past 12 months.
What is B2Gold Corp.’s market cap?
B2Gold Corp.’s market cap is C$7.18B.
When is B2Gold Corp.’s upcoming earnings report date?
B2Gold Corp.’s upcoming earnings report date is Aug 06, 2026 which is in 5 days.
How were B2Gold Corp.’s earnings last quarter?
B2Gold Corp. released its earnings results on May 06, 2026. The company reported C$0.266 earnings per share for the quarter, beating the consensus estimate of C$0.17 by C$0.097.
Is B2Gold Corp. overvalued?
According to Wall Street analysts B2Gold Corp.’s price is currently Undervalued.
Does B2Gold Corp. pay dividends?
B2Gold Corp. pays a Quarterly dividend of C$0.028 which represents an annual dividend yield of 2.11%. See more information on B2Gold Corp. dividends here
What is B2Gold Corp.’s EPS estimate?
B2Gold Corp.’s EPS estimate is 0.1.
How many shares outstanding does B2Gold Corp. have?
B2Gold Corp. has 1,332,417,600 shares outstanding.
What happened to B2Gold Corp.’s price movement after its last earnings report?
B2Gold Corp. reported an EPS of C$0.266 in its last earnings report, beating expectations of C$0.17. Following the earnings report the stock price went up 11.008%.
Which hedge fund is a major shareholder of B2Gold Corp.?
Currently, no hedge funds are holding shares in TSE:BTO
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
B2Gold Stock Smart Score
Neutral
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10
Analyst Consensus
Hold
Average Price Target:
C$8.21 (50.89% Upside)
C$8.21 (50.89% Upside)
Blogger Sentiment
Bullish
TSE:BTO Sentiment 70%
Sector Average ―
Sector Average ―
Insider Transactions
Sold Shares
Worth C$1.6M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.6%
Last 30 Days ▼ 10.6%
Last 30 Days ▼ 10.6%
Technicals
SMA
Negative
20 days / 200 days
Momentum
13.55%
12-Months-Change
Fundamentals
Return on Equity
2.11%
Trailing 12-Months
Asset Growth
16.98%
Trailing 12-Months
Company Description
B2Gold Corp.
B2Gold Corp. is a prominent gold mining company that manages three active operations: the Fekola Mine in Mali, the Masbate Mine in the Philippines, and the Otjikoto Mine in Namibia. Beyond its direct mining activities, the firm maintains significant equity stakes, including a 25% interest in Calibre Mining Corp. and approximately 19% in BeMetals Corp. Its extensive portfolio also includes various other properties undergoing evaluation and exploration, situated in Mali, Uzbekistan, and Finland. Established in 2006, this corporation's headquarters are located in Vancouver, Canada.
BTO Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed a materially positive financial and operational picture: strong revenue, high operating and free cash flow, a stronger balance sheet, active share repurchases and a significant monetization (Fingold sale). These positives are tempered by a localized operational disruption at Goose (fire) causing a material Q2 production reduction and by short-term fuel/supply-chain and permit timing risks (Masbate fuel sensitivity and the pending Fekola Regional permit). Overall, management framed these as manageable, largely short-term issues against a strong cash and liquidity position.View all TSE:BTO earnings summariesBTO Stock 12 Month Forecast
Average Price Target
C$8.21
▲(50.89% Upside)