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

B2Gold Corp. (TSE:BTO) (NYSE:BTG) – Equities research analysts at Scotiabank lowered their FY2027 earnings estimates for B2Gold in a research report issued to clients and investors on Thursday, March 19th. Scotiabank analyst O. Habib now expects that the company will earn $1.43 per share for the year, down from their prior forecast of $1.44. 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 data on Wednesday, February 18th. The company reported C$0.15 EPS for the quarter. B2Gold had a return on equity of 12.15% and a net margin of 13.18%.The business had revenue of C$1.41 billion for the quarter.

Separately, National Bank Financial upped their price target on B2Gold from C$9.25 to C$10.00 and gave the stock an “outperform” rating in a report on Tuesday, December 9th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of C$8.31.

B2Gold Price Performance

Shares of TSE:BTO opened at C$5.66 on Monday. The company has a market cap of C$7.60 billion, a price-to-earnings ratio of 20.21, a PEG ratio of -0.27 and a beta of 1.21. The business has a 50 day moving average price of C$7.08 and a 200 day moving average price of C$6.66. The company has a quick ratio of 3.33, a current ratio of 1.06 and a debt-to-equity ratio of 17.54. B2Gold has a twelve month low of C$3.62 and a twelve month high of C$8.60.

Insider Buying and Selling at B2Gold

In other B2Gold news, insider Randall Chatwin sold 20,000 shares of the stock in a transaction 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 directly owned 6,199 shares in the company, valued at C$44,942.75. This represents a 76.34% decrease in their ownership of the stock. Also, insider William Lytle sold 272,373 shares of B2Gold stock in a transaction 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 directly owned 38,975 shares of the company’s stock, valued at approximately C$324,272. The trade was a 87.48% decrease in their ownership of the stock. Insiders have sold 583,159 shares of company stock valued at $4,821,759 over the last quarter. Corporate insiders own 0.66% of the company’s stock.

B2Gold Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 19th. Shareholders of record on Thursday, March 19th were given a $0.02 dividend. This represents a $0.08 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date was Friday, March 6th. B2Gold’s dividend payout ratio is 28.57%.

About B2Gold

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.