b2gold corp. - BTG

BTG

Close Chg Chg %
5.52 -0.11 -1.90%

Open Market

5.42

-0.11 (1.90%)

Volume: 8.82M

Last Updated:

Sep 10, 2026, 11:51 AM EDT

Company Overview: b2gold corp. - BTG

BTG Key Data

Open

$5.34

Day Range

5.29 - 5.45

52 Week Range

3.57 - 6.28

Market Cap

$7.20B

Shares Outstanding

1.32B

Public Float

1.31B

Beta

0.76

Rev. Per Employee

N/A

P/E Ratio

9.01

EPS

$0.60

Yield

144.66%

Dividend

$0.02

EX-DIVIDEND DATE

Sep 10, 2026

SHORT INTEREST

N/A

AVERAGE VOLUME

30.12M

 

BTG Performance

1 Week
 
-2.85%
 
1 Month
 
8.35%
 
3 Months
 
29.45%
 
1 Year
 
21.38%
 
5 Years
 
48.91%
 

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 3.06B
Industry Precious Metals Net Income 401.91M
Sector Non-Energy Minerals 2025 Sales Growth 60.946%
Fiscal Year-end 12 / 2026 Employees 6,327
View SEC Filings

BTG Valuation

P/E Current 9.277
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 14.87
Price to Sales Ratio 2.181
Price to Book Ratio 1.682
Price to Cash Flow Ratio 7.61
Enterprise Value to EBITDA 3.745
Enterprise Value to Sales 2.266
Total Debt to Enterprise Value 0.086

BTG Efficiency

Revenue/Employee 483,837.206
Income Per Employee 63,522.681
Receivables Turnover 33.854
Total Asset Turnover 0.573

BTG Liquidity

Current Ratio 1.064
Quick Ratio 0.473
Cash Ratio 0.363

BTG Profitability

Gross Margin 50.005
Operating Margin 46.12
Pretax Margin 31.933
Net Margin 13.129
Return on Assets 7.517
Return on Equity 12.222
Return on Total Capital 9.588
Return on Invested Capital 10.629

BTG Capital Structure

Total Debt to Total Equity 16.649
Total Debt to Total Capital 14.273
Total Debt to Total Assets 10.177
Long-Term Debt to Equity 15.707
Long-Term Debt to Total Capital 13.465
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for B2gold Corp. - BTG

Collapse All in section
All values USD millions. 2022 2023 2024 2025 5-year trend
Sales/Revenue
1.73B 1.93B 1.90B 3.06B
Sales Growth
-1.68% +11.64% -1.67% +60.95%
Cost of Goods Sold (COGS) incl D&A
1.13B 1.15B 1.20B 1.53B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
383.85M 402.37M 367.41M 440.83M
Depreciation
383.85M 402.37M 367.41M 440.83M
Amortization of Intangibles
- - - -
-
COGS Growth
+13.55% +2.30% +3.60% +27.98%
Gross Income
604.24M 780.00M 706.20M 1.53B
Gross Income Growth
-21.38% +29.09% -9.46% +116.76%
Gross Profit Margin
+34.88% +40.33% +37.13% +50.01%
2022 2023 2024 2025 5-year trend
SG&A Expense
79.32M 83.29M 84.16M 92.04M
Research & Development
- - - -
-
Other SG&A
79.32M 83.29M 84.16M 92.04M
SGA Growth
+9.02% +5.00% +1.05% +9.36%
Other Operating Expense
2.74M 5.21M 16.12M 26.90M
Unusual Expense
(7.51M) 361.81M 896.00M 123.48M
EBIT after Unusual Expense
529.70M 329.71M (290.09M) 1.29B
Non Operating Income/Expense
1.58M (15.32M) 13.08M (273.10M)
Non-Operating Interest Income
11.96M 18.52M 20.73M 12.45M
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
10.84M 13.93M 34.85M 37.70M
Interest Expense Growth
-8.10% +28.44% +150.25% +8.19%
Gross Interest Expense
10.84M 13.93M 34.85M 37.70M
Interest Capitalized
- - - -
-
Pretax Income
520.43M 300.46M (311.85M) 977.55M
Pretax Income Growth
-26.56% -42.27% -203.79% +413.47%
Pretax Margin
+30.04% +15.53% -16.40% +31.93%
Income Tax
243.89M 278.75M 317.43M 550.10M
Income Tax - Current - Domestic
247.81M 290.08M 319.73M 694.65M
Income Tax - Current - Foreign
- - - -
-
Income Tax - Deferred - Domestic
(3.92M) (11.34M) (2.30M) (144.55M)
Income Tax - Deferred - Foreign
- - - -
-
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
286.72M 41.59M (626.65M) 426.70M
Minority Interest Expense
33.85M 31.49M 3.24M 24.79M
Net Income
252.87M 10.10M (629.89M) 401.91M
Net Income Growth
-39.80% -96.01% -6,338.40% +163.81%
Net Margin Growth
+14.60% +0.52% -33.12% +13.13%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
252.87M 10.10M (629.89M) 401.91M
Preferred Dividends
- - - -
-
Net Income Available to Common
252.87M 10.10M (629.89M) 401.91M
EPS (Basic)
0.2376 0.0082 -0.4813 0.3032
EPS (Basic) Growth
-40.39% -96.55% -5,969.51% +163.00%
Basic Shares Outstanding
1.06B 1.23B 1.31B 1.33B
EPS (Diluted)
0.2361 0.0082 -0.4813 0.2766
EPS (Diluted) Growth
-40.33% -96.53% -5,969.51% +157.47%
Diluted Shares Outstanding
1.07B 1.24B 1.31B 1.48B
EBITDA
906.04M 1.09B 973.32M 1.85B
EBITDA Growth
-15.45% +20.73% -11.02% +90.35%
EBITDA Margin
+52.29% +56.55% +51.17% +60.52%

Snapshot

Average Recommendation BUY Average Target Price 6.791
Number of Ratings 14 Current Quarters Estimate 0.16
FY Report Date 09 / 2026 Current Year's Estimate 0.588
Last Quarter’s Earnings 0.03 Median PE on CY Estimate N/A
Year Ago Earnings 0.46 Next Fiscal Year Estimate 1.057
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 10 10 13 12
Mean Estimate 0.16 0.19 0.59 1.06
High Estimates 0.37 0.41 0.98 1.72
Low Estimate 0.05 0.10 0.37 0.58
Coefficient of Variance 59.08 49.68 29.46 30.96

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 11 11 7
OVERWEIGHT 1 1 1
HOLD 1 1 5
UNDERWEIGHT 1 1 1
SELL 0 0 0
MEAN Buy Buy Overweight

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