Scotiabank Weighs in on B2Gold’s FY2027 Earnings (TSE:BTO)

B2Gold Corp. (TSE:BTO) (NYSE:BTG) – Scotiabank cut their FY2027 EPS estimates for B2Gold in a research note issued to investors on Wednesday, May 20th. Scotiabank analyst O. Habib now expects that the company will post earnings of $1.25 per share for the year, down from their previous forecast of $1.27. The consensus estimate for B2Gold’s current full-year earnings is $0.56 per share.

B2Gold (TSE:BTO) (NYSE:BTG) last posted its quarterly earnings results on Wednesday, May 6th. The company reported C$0.26 EPS for the quarter. The business had revenue of C$1.61 billion during the quarter. B2Gold had a net margin of 14.78% and a return on equity of 15.70%.

Separately, National Bank Financial boosted their price objective on B2Gold from C$10.00 to C$10.70 and gave the company an “outperform” rating in a research report on Tuesday, May 12th. One analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, B2Gold currently has a consensus rating of “Moderate Buy” and an average target price of C$9.15.

B2Gold Stock Performance

Shares of BTO stock opened at C$6.42 on Thursday. The company has a quick ratio of 3.33, a current ratio of 1.19 and a debt-to-equity ratio of 14.16. The business has a 50 day moving average of C$6.52 and a two-hundred day moving average of C$6.58. B2Gold has a 52 week low of C$4.41 and a 52 week high of C$8.60. The company has a market cap of C$8.55 billion, a P/E ratio of 16.89, a PEG ratio of -0.27 and a beta of 1.59.

Insider Activity at B2Gold

In related news, insider Randall Chatwin sold 20,000 shares of the business’s stock in a transaction that occurred on Friday, February 20th. The stock was sold at an average price of C$7.25, for a total transaction of C$145,000.00. Following the completion of the transaction, the insider owned 6,199 shares in the company, valued at C$44,942.75. The trade was a 76.34% decrease in their position. Also, insider William Lytle sold 272,373 shares of the business’s stock in a transaction that occurred on Thursday, February 26th. The shares were sold at an average price of C$8.32, for a total value of C$2,266,143.36. Following the transaction, the insider owned 38,975 shares of the company’s stock, valued at C$324,272. This represents a 87.48% decrease in their position. Insiders sold 606,145 shares of company stock worth $4,985,208 in the last 90 days. 0.66% of the stock is currently owned by company insiders.

B2Gold Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 19th. Investors of record on Thursday, March 19th were given a dividend of $0.02 per share. The ex-dividend date was Friday, March 6th. This represents a $0.08 dividend on an annualized basis and a yield of 1.2%. B2Gold’s payout ratio is currently 21.05%.

B2Gold Company Profile

B2Gold Corp is an international, low-cost, senior gold mining company. It has three operating open-pit gold mines in Mali, Namibia, and the Philippines and numerous exploration projects across four continents. Other significant assets include the Gramalote and Kiaka gold projects. The company focuses on acquiring and developing interests in mineral properties with a primary focus on gold deposits as gold production forms all its revenue. There is no dependence on a particular purchaser because the gold is sold into a global market.