Scotiabank Has Negative Estimate for B2Gold FY2026 Earnings

B2Gold Corp (NYSEAMERICAN:BTG) (TSE:BTO) – Scotiabank lowered their FY2026 earnings per share (EPS) estimates for B2Gold in a research report issued on Wednesday, August 19th. Scotiabank analyst O. Habib now expects that the basic materials company will earn $0.37 per share for the year, down from their previous forecast of $0.44. Scotiabank currently has a “Sector Outperform” rating on the stock. The consensus estimate for B2Gold’s current full-year earnings is $0.49 per share.

BTG has been the topic of a number of other research reports. Royal Bank Of Canada cut their price target on shares of B2Gold from $5.75 to $5.00 and set a “sector perform” rating on the stock in a report on Thursday, July 9th. TD Securities upgraded shares of B2Gold from a “hold” rating to a “strong-buy” rating in a research report on Monday, August 10th. ATB Cormark Capital Markets raised shares of B2Gold from a “hold” rating to a “moderate buy” rating in a research note on Monday, August 10th. Canadian Imperial Bank of Commerce upgraded B2Gold from a “hold” rating to an “outperform” rating and set a $7.50 target price for the company in a report on Monday, August 10th. Finally, Jefferies Financial Group decreased their target price on B2Gold from $7.00 to $6.00 and set a “buy” rating for the company in a research report on Monday, July 6th. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, B2Gold presently has an average rating of “Buy” and a consensus price target of $6.17.

B2Gold Price Performance

BTG stock opened at $5.72 on Monday. B2Gold has a one year low of $3.57 and a one year high of $6.28. The firm has a 50-day moving average of $4.24 and a two-hundred day moving average of $4.65. The firm has a market capitalization of $7.56 billion, a PE ratio of 10.40, a P/E/G ratio of 0.38 and a beta of 0.66. The company has a current ratio of 1.58, a quick ratio of 0.58 and a debt-to-equity ratio of 0.11.

B2Gold (NYSEAMERICAN:BTG) (TSE:BTO) last issued its quarterly earnings results on Thursday, August 6th. The basic materials company reported $0.03 earnings per share for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.04). The company had revenue of $789.35 million during the quarter, compared to analysts’ expectations of $836.33 million. B2Gold had a return on equity of 17.05% and a net margin of 21.47%.The company’s revenue for the quarter was up 14.0% compared to the same quarter last year. During the same period in the prior year, the business posted $0.12 EPS.

Institutional Investors Weigh In On B2Gold

A number of institutional investors have recently modified their holdings of BTG. Northwestern Mutual Wealth Management Co. acquired a new position in shares of B2Gold in the second quarter worth $37,000. Sanctuary Advisors LLC acquired a new stake in B2Gold during the second quarter valued at $41,000. GSA Capital Partners LLP acquired a new stake in B2Gold during the second quarter valued at $43,000. DGS Capital Management LLC purchased a new position in B2Gold in the first quarter valued at about $50,000. Finally, Ascentis Independent Advisors purchased a new position in B2Gold in the first quarter valued at about $50,000. Institutional investors and hedge funds own 61.40% of the company’s stock.

B2Gold Company Profile

B2Gold Corp. is a Canadian-based intermediate gold producer with a diversified portfolio of operating mines and advanced-stage development projects. Founded in 2007 through the merger of Bema Gold and CGA Mining, the company has grown to become one of the world’s largest new gold producers. Headquartered in Vancouver, British Columbia, B2Gold focuses on efficient, low-cost operations across several continents, combining exploration, development and production within a single strategic framework.

The company’s flagship assets include the Fekola mine in Mali, which commenced production in 2017, the Otjikoto mine in Namibia, and the Masbate mine in the Philippines.