FY2027 Earnings Estimate for B2Gold Issued By Scotiabank

B2Gold Corp. (TSE:BTO) (NYSE:BTG) – Equities research analysts at Scotiabank cut their FY2027 earnings per share estimates for shares of B2Gold in a research note issued on Thursday, October 22nd. Scotiabank analyst O. Habib now forecasts that the company will post earnings per share of $0.79 for the year, down from their prior forecast of $0.80. Scotiabank currently has a “Strong-Buy” rating on the stock. The consensus estimate for B2Gold’s current full-year earnings is $0.56 per share.

BTO has been the subject of a number of other reports. National Bank Financial cut their price objective on B2Gold from C$10.70 to C$9.75 and set an “outperform” rating for the company in a research report on Tuesday, July 14th. TD upgraded B2Gold from a “hold” rating to a “buy” rating and increased their target price for the company from C$6.00 to C$8.50 in a research report on Monday, August 10th. TD Securities raised shares of B2Gold from a “hold” rating to a “strong-buy” rating in a research note on Monday, August 10th. Scotia raised shares of B2Gold from a “sector perform” rating to a “sector outperform” rating and set a C$10.00 price target on the stock in a research note on Monday, August 10th. Finally, Canadian Imperial Bank of Commerce raised shares of B2Gold from a “hold” rating to a “strong-buy” rating in a report on Monday, August 10th. Three research analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, B2Gold presently has an average rating of “Buy” and a consensus target price of C$9.95.

B2Gold Stock Performance

Shares of BTO stock opened at C$6.74 on Monday. The company has a current ratio of 1.58, a quick ratio of 3.33 and a debt-to-equity ratio of 11.48. B2Gold has a 12-month low of C$5.02 and a 12-month high of C$8.60. The business’s 50 day moving average is C$7.45 and its two-hundred day moving average is C$6.70. The company has a market capitalization of C$8.90 billion, a P/E ratio of 12.04, a P/E/G ratio of -0.27 and a beta of 1.86.

B2Gold (TSE:BTO) (NYSE:BTG) last released its quarterly earnings results on Thursday, August 6th. The company reported C$0.04 earnings per share for the quarter. The company had revenue of C$1.12 billion during the quarter. B2Gold had a return on equity of 21.87% and a net margin of 21.20%.

Insider Activity

In related news, insider William Lytle sold 177,190 shares of B2Gold stock in a transaction dated Monday, August 10th. The stock was sold at an average price of C$7.16, for a total value of C$1,268,680.40. Following the sale, the insider directly owned 41,285 shares in the company, valued at approximately C$295,600.60. The trade was a 81.10% decrease in their position. Also, Director Jerry Korpan sold 200,000 shares of the business’s stock in a transaction that occurred on Tuesday, August 11th. The stock was sold at an average price of C$7.06, for a total value of C$1,412,000.00. Following the sale, the director owned 2,280,000 shares of the company’s stock, valued at approximately C$16,096,800. This trade represents a 8.06% decrease in their ownership of the stock. Insiders own 0.66% of the company’s stock.

B2Gold Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 23rd. Investors of record on Wednesday, September 23rd were issued a $0.02 dividend. This represents a $0.08 annualized dividend and a yield of 1.2%. The ex-dividend date was Thursday, September 10th. B2Gold’s payout ratio is presently 14.29%.

B2Gold Company Profile

B2Gold is a responsible international gold producer headquartered in Vancouver, Canada. Founded in 2007, today, B2Gold has operating gold mines in Canada, Mali, Namibia and the Philippines, and numerous development and exploration projects in various countries.