b2gold corp. - BTG

BTG

Close Chg Chg %
4.78 -0.04 -0.84%

Closed Market

4.74

-0.04 (0.84%)

Volume: 17.38M

Last Updated:

Dec 24, 2025, 12:59 PM EDT

Company Overview: b2gold corp. - BTG

BTG Key Data

Open

$4.76

Day Range

4.63 - 4.78

52 Week Range

2.20 - 5.94

Market Cap

$6.37B

Shares Outstanding

1.34B

Public Float

1.28B

Beta

0.61

Rev. Per Employee

N/A

P/E Ratio

28.49

EPS

$0.17

Yield

211.73%

Dividend

$0.02

EX-DIVIDEND DATE

Dec 2, 2025

SHORT INTEREST

N/A

AVERAGE VOLUME

32.66M

 

BTG Performance

1 Week
 
4.19%
 
1 Month
 
2.38%
 
3 Months
 
-3.86%
 
1 Year
 
91.50%
 
5 Years
 
-15.54%
 

BTG Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 14
Full Ratings ➔

About b2gold corp. - BTG

B2Gold Corp. is an exploration company, which engages in the acquisition and development of mineral properties. It operates through the following segments: Fekola Mine, Fekola Regional, Masbate Mine, Otjikoto Mine, Goose Project, Other Mineral Properties, and Corporate and Other. The Fekola Regional segment consists of Bantako North, Menankoto, Dandoko, and Bakolobi properties. The Other Mineral Properties segment focuses on the company interests in mineral properties which are at various stages of exploration and evaluation. The Corporate and Other segment includes the corporate operations. The company was founded by Mark Anthony Corra, Thomas A. Garagan, Clive Thomas Johnson, and Roger Thomas Richer on November 30, 2006 and is headquartered in Vancouver, Canada.

BTG At a Glance

B2Gold Corp.
Park Place
Vancouver, British Columbia V6C 2X8
Phone 1-604-681-8371 Revenue 1.90B
Industry Precious Metals Net Income -629,891,000.00
Sector Non-Energy Minerals Employees 6,478
Fiscal Year-end 12 / 2025
View SEC Filings

BTG Valuation

P/E Current 28.916
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) N/A
Price to Sales Ratio 1.684
Price to Book Ratio 1.081
Price to Cash Flow Ratio 3.70
Enterprise Value to EBITDA 3.437
Enterprise Value to Sales 1.759
Total Debt to Enterprise Value 0.131

BTG Efficiency

Revenue/Employee 293,613.77
Income Per Employee -97,235.412
Receivables Turnover 28.598
Total Asset Turnover 0.393

BTG Liquidity

Current Ratio 1.553
Quick Ratio 0.731
Cash Ratio 0.60

BTG Profitability

Gross Margin 37.128
Operating Margin 31.856
Pretax Margin -16.396
Net Margin -33.117
Return on Assets -13.003
Return on Equity -18.544
Return on Total Capital -18.413
Return on Invested Capital -17.045

BTG Capital Structure

Total Debt to Total Equity 14.679
Total Debt to Total Capital 12.80
Total Debt to Total Assets 9.096
Long-Term Debt to Equity 14.129
Long-Term Debt to Total Capital 12.32
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for B2gold Corp. - BTG

Collapse All in section
All values USD millions. 2021 2022 2023 2024 5-year trend
Sales/Revenue
1.76B 1.73B 1.93B 1.90B
Sales Growth
-1.49% -1.68% +11.64% -1.67%
Cost of Goods Sold (COGS) incl D&A
993.71M 1.13B 1.15B 1.20B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
378.89M 383.85M 402.37M 367.41M
Depreciation
378.89M 383.85M 402.37M 367.41M
Amortization of Intangibles
- - - -
-
COGS Growth
+19.63% +13.55% +2.30% +3.60%
Gross Income
768.55M 604.24M 780.00M 706.20M
Gross Income Growth
-19.80% -21.38% +29.09% -9.46%
Gross Profit Margin
+43.61% +34.88% +40.33% +37.13%
2021 2022 2023 2024 5-year trend
SG&A Expense
72.76M 79.32M 83.29M 84.16M
Research & Development
- - - -
-
Other SG&A
72.76M 79.32M 83.29M 84.16M
SGA Growth
+15.98% +9.02% +5.00% +1.05%
Other Operating Expense
3.07M 2.74M 5.21M 16.12M
Unusual Expense
5.92M (7.51M) 361.81M 896.00M
EBIT after Unusual Expense
686.80M 529.70M 329.71M (290.09M)
Non Operating Income/Expense
33.68M 1.58M (15.32M) 13.08M
Non-Operating Interest Income
- 11.96M 18.52M 20.73M
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
11.80M 10.84M 13.93M 34.85M
Interest Expense Growth
-25.34% -8.10% +28.44% +150.25%
Gross Interest Expense
11.80M 10.84M 13.93M 34.85M
Interest Capitalized
- - - -
-
Pretax Income
708.68M 520.43M 300.46M (311.85M)
Pretax Income Growth
-29.99% -26.56% -42.27% -203.79%
Pretax Margin
+40.21% +30.04% +15.53% -16.40%
Income Tax
265.40M 243.89M 278.75M 317.43M
Income Tax - Current - Domestic
270.67M 247.81M 290.08M 319.73M
Income Tax - Current - Foreign
- - - -
-
Income Tax - Deferred - Domestic
(5.27M) (3.92M) (11.34M) (2.30M)
Income Tax - Deferred - Foreign
- - - -
-
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
460.83M 286.72M 41.59M (626.65M)
Minority Interest Expense
40.76M 33.85M 31.49M 3.24M
Net Income
420.07M 252.87M 10.10M (629.89M)
Net Income Growth
-33.12% -39.80% -96.01% -6,338.40%
Net Margin Growth
+23.84% +14.60% +0.52% -33.12%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
420.07M 252.87M 10.10M (629.89M)
Preferred Dividends
- - - -
-
Net Income Available to Common
420.07M 252.87M 10.10M (629.89M)
EPS (Basic)
0.3986 0.2376 0.0082 -0.4813
EPS (Basic) Growth
-33.78% -40.39% -96.55% -5,969.51%
Basic Shares Outstanding
1.05B 1.06B 1.23B 1.31B
EPS (Diluted)
0.3957 0.2361 0.0082 -0.4813
EPS (Diluted) Growth
-33.45% -40.33% -96.53% -5,969.51%
Diluted Shares Outstanding
1.06B 1.07B 1.24B 1.31B
EBITDA
1.07B 906.04M 1.09B 973.32M
EBITDA Growth
-9.99% -15.45% +20.73% -11.02%
EBITDA Margin
+60.81% +52.29% +56.55% +51.17%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 6.026
Number of Ratings 14 Current Quarters Estimate 0.21
FY Report Date 12 / 2025 Current Year's Estimate 0.549
Last Quarter’s Earnings 0.14 Median PE on CY Estimate N/A
Year Ago Earnings 0.16 Next Fiscal Year Estimate 0.806
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 8 5 13 12
Mean Estimate 0.21 0.16 0.55 0.81
High Estimates 0.29 0.26 0.70 1.20
Low Estimate 0.11 0.08 0.42 0.51
Coefficient of Variance 27.74 39.95 16.13 22.66

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 8 7 8
OVERWEIGHT 1 1 1
HOLD 4 5 4
UNDERWEIGHT 1 1 1
SELL 0 0 0
MEAN Overweight Overweight Overweight

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