B2Gold (NYSEAMERICAN:BTG) Announces Quarterly Earnings Results, Misses Estimates By $0.04 EPS

B2Gold (NYSEAMERICAN:BTG) (TSE:BTO) announced its quarterly earnings data on Thursday. The basic materials company reported $0.03 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.04), Briefing.com reports. B2Gold had a return on equity of 21.36% and a net margin of 14.91%.The company had revenue of $789.35 million for the quarter, compared to the consensus estimate of $836.33 million. During the same quarter in the prior year, the company earned $0.12 EPS. The company’s revenue for the quarter was up 14.0% on a year-over-year basis.

B2Gold Stock Performance

B2Gold stock traded up $0.94 during trading hours on Friday, hitting $5.03. The company had a trading volume of 71,334,042 shares, compared to its average volume of 31,617,436. The firm has a 50-day moving average of $4.03 and a 200 day moving average of $4.65. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.19 and a quick ratio of 0.59. The firm has a market cap of $6.64 billion, a PE ratio of 13.97, a PEG ratio of 0.33 and a beta of 0.66. B2Gold has a one year low of $3.46 and a one year high of $6.28.

Key Headlines Impacting B2Gold

Here are the key news stories impacting B2Gold this week:

• Positive Sentiment: Mali granted B2Gold’s subsidiary the Menankoto exploitation permit. Along with the existing Dandoko exploration permit, the authorization expands the company’s Fekola Regional land position and supports potential future growth around its Fekola mine. B2Gold granted Fekola Regional exploitation permit by Mali government
• Positive Sentiment: B2Gold reported strong operating performance at its Fekola, Masbate and Otjikoto mines, with quarterly gold production above expectations and all-in sustaining costs below expectations. Higher gold prices also helped lift revenue 14% year over year to approximately $789 million. B2Gold Reports Q2 2026 Results
• Neutral Sentiment: Trading in BTG was temporarily halted for news pending, likely reflecting the market’s reaction to the Mali permit announcement. The stock also experienced unusually high options activity, indicating heightened investor interest and positioning but not establishing a clear directional signal. B2Gold sees unusually large options volume
• Negative Sentiment: Second-quarter adjusted EPS was $0.03, below the $0.07 analyst consensus, while revenue also trailed estimates of approximately $836 million. Earnings declined from $0.12 per share a year earlier, and B2Gold narrowed its 2026 production guidance, despite higher gold prices and solid mine-level performance. BTG Q2 earnings miss estimates

Analysts Set New Price Targets

Several research firms have issued reports on BTG. Royal Bank Of Canada dropped their price target on shares of B2Gold from $5.75 to $5.00 and set a “sector perform” rating on the stock in a research report on Thursday, July 9th. Jefferies Financial Group cut their price objective 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 Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $5.50.

Hedge Funds Weigh In On B2Gold

Several institutional investors and hedge funds have recently modified their holdings of BTG. Geode Capital Management LLC raised its stake in B2Gold by 12.5% in the 4th quarter. Geode Capital Management LLC now owns 1,631,425 shares of the basic materials company’s stock worth $7,919,000 after purchasing an additional 180,666 shares in the last quarter. Northwestern Mutual Wealth Management Co. acquired a new position in B2Gold in the 4th quarter valued at $45,000. Goldman Sachs Group Inc. lifted its position in shares of B2Gold by 32.0% during the 4th quarter. Goldman Sachs Group Inc. now owns 9,569,165 shares of the basic materials company’s stock valued at $43,157,000 after acquiring an additional 2,319,482 shares during the period. Cerity Partners LLC acquired a new stake in shares of B2Gold during the 4th quarter worth $55,000. Finally, Deutsche Bank AG grew its holdings in shares of B2Gold by 68.5% during the 4th quarter. Deutsche Bank AG now owns 15,447,214 shares of the basic materials company’s stock worth $69,667,000 after purchasing an additional 6,281,975 shares in the last quarter. 61.40% of the stock is currently owned by institutional investors and hedge funds.

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.