B2Gold Corp. (NMSE:B2G)
Namibia flag Namibia · Delayed Price · Currency is NAD · Price in ZAR
97.21
+5.39 (5.87%)
At close: Feb 25, 2026

B2Gold Statistics

Total Valuation

B2Gold has a market cap or net worth of NAD 131.05 billion. The enterprise value is 135.19 billion.

Market Cap 131.05B
Enterprise Value 135.19B

Important Dates

The last earnings date was Wednesday, February 18, 2026.

Earnings Date Feb 18, 2026
Ex-Dividend Date Dec 2, 2025

Share Statistics

Current Share Class 1.34B
Shares Outstanding n/a
Shares Change (YoY) +13.14%
Shares Change (QoQ) +1.04%
Owned by Insiders (%) 0.76%
Owned by Institutions (%) 64.08%
Float 1.26B

Valuation Ratios

The trailing PE ratio is 19.69 and the forward PE ratio is 9.24.

PE Ratio 19.69
Forward PE 9.24
PS Ratio 2.59
PB Ratio 2.17
P/TBV Ratio 2.20
P/FCF Ratio 121.91
P/OCF Ratio 8.84
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 5.42, with an EV/FCF ratio of 125.77.

EV / Earnings 20.32
EV / Sales 2.78
EV / EBITDA 5.42
EV / EBIT 7.56
EV / FCF 125.77

Financial Position

The company has a current ratio of 1.06, with a Debt / Equity ratio of 0.16.

Current Ratio 1.06
Quick Ratio 0.44
Debt / Equity 0.16
Debt / EBITDA 0.38
Debt / FCF 9.22
Interest Coverage 29.86

Financial Efficiency

Return on equity (ROE) is 12.78% and return on invested capital (ROIC) is 13.14%.

Return on Equity (ROE) 12.78%
Return on Assets (ROA) 13.16%
Return on Invested Capital (ROIC) 13.14%
Return on Capital Employed (ROCE) 23.37%
Weighted Average Cost of Capital (WACC) n/a
Revenue Per Employee 22.91M
Profits Per Employee 3.01M
Employee Count 2,212
Asset Turnover 0.57
Inventory Turnover 1.97

Taxes

In the past 12 months, B2Gold has paid 9.11 billion in taxes.

Income Tax 9.11B
Effective Tax Rate 56.32%

Stock Price Statistics

The stock price has increased by +88.10% in the last 52 weeks.

Beta (5Y) n/a
52-Week Price Change +88.10%
50-Day Moving Average 80.67
200-Day Moving Average 73.57
Relative Strength Index (RSI) 64.77
Average Volume (20 Days) 1

Short Selling Information

Short Interest n/a
Short Previous Month n/a
Short % of Shares Out n/a
Short % of Float n/a
Short Ratio (days to cover) n/a

Income Statement

In the last 12 months, B2Gold had revenue of NAD 50.68 billion and earned 6.65 billion in profits. Earnings per share was 4.58.

Revenue 50.68B
Gross Profit 32.64B
Operating Income 18.64B
Pretax Income 16.17B
Net Income 6.65B
EBITDA 25.71B
EBIT 18.64B
Earnings Per Share (EPS) 4.58
Full Income Statement

Balance Sheet

The company has 6.38 billion in cash and 9.91 billion in debt, with a net cash position of -3.53 billion.

Cash & Cash Equivalents 6.38B
Total Debt 9.91B
Net Cash -3.53B
Net Cash Per Share n/a
Equity (Book Value) 60.29B
Book Value Per Share 44.38
Working Capital 1.13B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 14.83 billion and capital expenditures -13.76 billion, giving a free cash flow of 1.07 billion.

Operating Cash Flow 14.83B
Capital Expenditures -13.76B
Free Cash Flow 1.07B
FCF Per Share n/a
Full Cash Flow Statement

Margins

Gross margin is 64.41%, with operating and profit margins of 36.78% and 13.13%.

Gross Margin 64.41%
Operating Margin 36.78%
Pretax Margin 31.91%
Profit Margin 13.13%
EBITDA Margin 50.73%
EBIT Margin 36.78%
FCF Margin 2.12%

Dividends & Yields

This stock pays an annual dividend of 1.41, which amounts to a dividend yield of 1.45%.

Dividend Per Share 1.41
Dividend Yield 1.45%
Dividend Growth (YoY) -52.06%
Years of Dividend Growth n/a
Payout Ratio 30.76%
Buyback Yield -13.14%
Shareholder Yield -11.69%
Earnings Yield 5.08%
FCF Yield 0.82%
Dividend Details

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

B2Gold has an Altman Z-Score of 2.41 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 2.41
Piotroski F-Score 6