FY2027 Earnings Forecast for B2Gold Issued By Scotiabank

B2Gold Corp. (TSE:BTO) (NYSE:BTG) – Equities researchers at Scotiabank cut their FY2027 EPS estimates for shares of B2Gold in a report released on Wednesday, July 15th. Scotiabank analyst O. Habib now forecasts that the company will post earnings per share of $0.82 for the year, down from their previous estimate of $1.31. The consensus estimate for B2Gold’s current full-year earnings is $0.56 per share.

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

Separately, National Bank Financial cut their price objective on B2Gold from C$10.70 to C$9.75 and set an “outperform” rating on the stock in a report on Tuesday, July 14th. One analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of C$8.83.

B2Gold Trading Down 0.2%

BTO opened at C$5.13 on Monday. B2Gold has a 52 week low of C$4.59 and a 52 week high of C$8.60. 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 fifty day simple moving average of C$5.99 and a 200-day simple moving average of C$6.50. The firm has a market cap of C$6.84 billion, a P/E ratio of 13.50, a P/E/G ratio of -0.27 and a beta of 1.73.

Insider Transactions at B2Gold

In related news, insider Peter Dominic Montano sold 61,254 shares of the company’s stock in a transaction that occurred on Wednesday, June 17th. The shares were sold at an average price of C$6.51, for a total transaction of C$398,763.54. Following the sale, the insider directly owned 456 shares of the company’s stock, valued at C$2,968.56. This represents a 99.26% decrease in their position. Also, insider William Lytle sold 14,089 shares of the stock in a transaction that occurred on Friday, July 3rd. The stock was sold at an average price of C$5.88, for a total transaction of C$82,843.32. Following the sale, the insider owned 218,475 shares in the company, valued at approximately C$1,284,633. This trade represents a 6.06% decrease in their ownership of the stock. In the last ninety days, insiders have sold 250,238 shares of company stock valued at $1,564,825. 0.66% of the stock is owned by corporate insiders.

B2Gold Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 23rd. Investors of record on Tuesday, June 23rd were issued a $0.02 dividend. The ex-dividend date was Wednesday, June 10th. This represents a $0.08 dividend on an annualized basis and a dividend yield of 1.6%. B2Gold’s payout ratio is 21.05%.

About B2Gold

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.