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B2Gold Corp (TSE:BTO)
TSX:BTO
Total Valuation
B2Gold has a market cap or net worth of $8.48B. The enterprise value is C$10.63B.
Market Cap$8.48B
Enterprise ValueC$10.63B
Share Statistics
B2Gold has 1,336,137,700 shares outstanding. The number of shares has decreased by -2.65% in one year.
Shares Outstanding1,336,137,700
Owned by Insiders0.76%
Owned by Institutions10.10%
Financial Efficiency
B2Gold’s return on equity (ROE) is -0.21 and return on invested capital (ROIC) is -11.85%.
Return on Equity (ROE)-0.21
Return on Assets (ROA)-0.13
Return on Invested Capital (ROIC)-11.85%
Return on Capital Employed (ROCE)-0.06
Revenue Per Employee859.87K
Profits Per Employee-271.09K
Employee Count2,212
Asset Turnover0.40
Inventory Turnover1.74
Valuation Ratios
The current PE Ratio of B2Gold is 27.4. B2Gold’s PEG ratio is 0.00085.
PE Ratio27.4
PS Ratio1.68
PB Ratio1.07
Price to Fair Value1.07
Price to FCF17.25K
Price to Operating Cash Flow10.74
PEG Ratio0.00085
Income Statement
In the last 12 months, B2Gold had revenue of 1.90B and earned -629.89M in profits. Earnings per share was -0.48.
Revenue1.90B
Gross Profit1.07B
Operating Income-248.33M
Pretax Income-309.22M
Net Income-629.89M
EBITDA926.24M
Earnings Per Share (EPS)-0.48
Cash Flow
In the last 12 months, operating cash flow was 710.08M and capital expenditures -880.12M, giving a free cash flow of -170.04M billion.
Operating Cash Flow710.08M
Free Cash Flow-170.04M
Free Cash Flow per Share-0.13
Dividends & Yields
B2Gold pays an annual dividend of C$0.028, resulting in a dividend yield of 1.76%
Dividend Per ShareC$0.028
Dividend Yield1.76%
Payout Ratio67.38%
Free Cash Flow Yield―
Earnings Yield―
Stock Price Statistics
Beta1.75
52-Week Price Change76.44%
50-Day Moving Average6.46
200-Day Moving Average5.25
Relative Strength Index (RSI)54.10
Average Volume (3m)6.56M
Important Dates
B2Gold upcoming earnings date is Feb 25, 2026, After Close (Confirmed).
Last Earnings DateNov 5, 2025
Next Earnings DateFeb 25, 2026
Ex-Dividend Date―
Financial Position
B2Gold as a current ratio of 1.55, with Debt / Equity ratio of 13.54%
Current Ratio1.55
Quick Ratio0.73
Debt to Market Cap0.13
Net Debt to EBITDA0.11
Interest Coverage Ratio-7.13
Taxes
In the past 12 months, B2Gold has paid 317.43M in taxes.
Income Tax317.43M
Effective Tax Rate-1.03
Enterprise Valuation
B2Gold EV to EBITDA ratio is 3.57, with an EV/FCF ratio of 17.79K.
EV to Sales1.74
EV to EBITDA3.57
EV to Free Cash Flow17.79K
EV to Operating Cash Flow4.01
Balance Sheet
B2Gold has $375.29M in cash and marketable securities with $636.99M in debt, giving a net cash position of -$261.70M billion.
Cash & Marketable Securities$375.29M
Total Debt$636.99M
Net Cash-$261.70M
Net Cash Per Share-$0.20
Tangible Book Value Per Share$2.32
Margins
Gross margin is 58.56%, with operating margin of -13.06%, and net profit margin of -33.12%.
Gross Margin58.56%
Operating Margin-13.06%
Pretax Margin-16.26%
Net Profit Margin-33.12%
EBITDA Margin48.70%
EBIT Margin29.72%
Analyst Forecast
The average price target for B2Gold is $7.98, which is 11.43% higher than the current price. The consensus rating is Moderate Buy
Price Target$7.98
Price Target Upside25.64% Upside
Analyst ConsensusModerate Buy
Analyst Count10
Revenue Growth Forecast34.31%
EPS Growth Forecast―