B2Gold Corp. (NMSE:B2G)

B2Gold Statistics

Total Valuation

B2Gold has a market cap or net worth of NAD 89.11 billion. The enterprise value is 94.41 billion.

Market Cap	89.11B
Enterprise Value	94.41B

Important Dates

The last earnings date was Wednesday, November 5, 2025.

Earnings Date	Nov 5, 2025
Ex-Dividend Date	Sep 10, 2025

Share Statistics

Current Share Class	1.34B
Shares Outstanding	n/a
Shares Change (YoY)	+9.92%
Shares Change (QoQ)	+0.36%
Owned by Insiders (%)	0.76%
Owned by Institutions (%)	65.45%
Float	1.33B

Valuation Ratios

The trailing PE ratio is 23.51 and the forward PE ratio is 5.23.

PE Ratio	23.51
Forward PE	5.23
PS Ratio	2.06
PB Ratio	1.53
P/TBV Ratio	1.55
P/FCF Ratio	n/a
P/OCF Ratio	7.11
PEG Ratio	n/a

Enterprise Valuation

The stock's EV/EBITDA ratio is 2.68, with an EV/FCF ratio of -30.90.

EV / Earnings	24.91
EV / Sales	2.19
EV / EBITDA	2.68
EV / EBIT	3.32
EV / FCF	-30.90

Financial Position

The company has a current ratio of 1.03, with a Debt / Equity ratio of 0.19.

Current Ratio	1.03
Quick Ratio	0.42
Debt / Equity	0.19
Debt / EBITDA	0.31
Debt / FCF	-3.61
Interest Coverage	63.38

Financial Efficiency

Return on equity (ROE) is 7.23% and return on invested capital (ROIC) is 27.86%.

Return on Equity (ROE)	7.23%
Return on Assets (ROA)	19.77%
Return on Invested Capital (ROIC)	27.86%
Return on Capital Employed (ROCE)	35.60%
Revenue Per Employee	19.58M
Profits Per Employee	1.71M
Employee Count	2,212
Asset Turnover	0.48
Inventory Turnover	1.97

Taxes

In the past 12 months, B2Gold has paid 8.43 billion in taxes.

Income Tax	8.43B
Effective Tax Rate	67.31%

Stock Price Statistics

The stock price has increased by +29.40% in the last 52 weeks.

Beta (5Y)	n/a
52-Week Price Change	+29.40%
50-Day Moving Average	81.43
200-Day Moving Average	65.27
Relative Strength Index (RSI)	31.25
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 43.30 billion and earned 3.79 billion in profits. Earnings per share was 2.67.

Revenue	43.30B
Gross Profit	26.67B
Operating Income	28.63B
Pretax Income	12.53B
Net Income	3.79B
EBITDA	35.35B
EBIT	28.63B
Earnings Per Share (EPS)	2.67

Balance Sheet

The company has 6.49 billion in cash and 11.01 billion in debt, giving a net cash position of -4.52 billion.

Cash & Cash Equivalents	6.49B
Total Debt	11.01B
Net Cash	-4.52B
Net Cash Per Share	n/a
Equity (Book Value)	58.22B
Book Value Per Share	43.18
Working Capital	602.76M

Cash Flow

In the last 12 months, operating cash flow was 12.54 billion and capital expenditures -15.59 billion, giving a free cash flow of -3.05 billion.

Operating Cash Flow	12.54B
Capital Expenditures	-15.59B
Free Cash Flow	-3.05B
FCF Per Share	n/a

Margins

Gross margin is 61.60%, with operating and profit margins of 66.12% and 8.75%.

Gross Margin	61.60%
Operating Margin	66.12%
Pretax Margin	28.93%
Profit Margin	8.75%
EBITDA Margin	81.63%
EBIT Margin	66.12%
FCF Margin	n/a

Dividends & Yields

This stock pays an annual dividend of 1.78, which amounts to a dividend yield of 2.72%.

Dividend Per Share	1.78
Dividend Yield	2.72%
Dividend Growth (YoY)	-40.18%
Years of Dividend Growth	n/a
Payout Ratio	56.55%
Buyback Yield	-9.92%
Shareholder Yield	-7.21%
Earnings Yield	4.25%
FCF Yield	-3.43%

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