B2Gold Corp. (TSX:BTO)
Canada flag Canada · Delayed Price · Currency is CAD
7.93
+0.32 (4.20%)
Aug 24, 2026, 4:00 PM EST

B2Gold Statistics

Total Valuation

B2Gold has a market cap or net worth of CAD 10.48 billion. The enterprise value is 10.76 billion.

Market Cap10.48B
Enterprise Value 10.76B

Important Dates

The last earnings date was Thursday, August 6, 2026.

Earnings Date Aug 6, 2026
Ex-Dividend Date Sep 10, 2026

Share Statistics

B2Gold has 1.32 billion shares outstanding. The number of shares has increased by 13.32% in one year.

Current Share Class 1.32B
Shares Outstanding 1.32B
Shares Change (YoY) +13.32%
Shares Change (QoQ) -0.76%
Owned by Insiders (%) 0.59%
Owned by Institutions (%) 68.00%
Float 1.31B

Valuation Ratios

The trailing PE ratio is 9.96 and the forward PE ratio is 6.98. B2Gold's PEG ratio is 0.23.

PE Ratio 9.96
Forward PE 6.98
PS Ratio 1.95
PB Ratio 1.84
P/TBV Ratio 1.86
P/FCF Ratio 43.60
P/OCF Ratio 8.00
PEG Ratio 0.23
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 3.61, with an EV/FCF ratio of 44.77.

EV / Earnings 9.39
EV / Sales 2.00
EV / EBITDA 3.61
EV / EBIT 4.85
EV / FCF 44.77

Financial Position

The company has a current ratio of 1.58, with a Debt / Equity ratio of 0.11.

Current Ratio 1.58
Quick Ratio 0.50
Debt / Equity 0.11
Debt / EBITDA 0.22
Debt / FCF 2.69
Interest Coverage 25.59

Financial Efficiency

Return on equity (ROE) is 22.63% and return on invested capital (ROIC) is 19.33%.

Return on Equity (ROE) 22.63%
Return on Assets (ROA) 17.62%
Return on Invested Capital (ROIC) 19.33%
Return on Capital Employed (ROCE) 30.85%
Weighted Average Cost of Capital (WACC) 11.38%
Revenue Per Employee 2.43M
Profits Per Employee 518,200
Employee Count2,212
Asset Turnover 0.68
Inventory Turnover 2.22

Taxes

In the past 12 months, B2Gold has paid 1.22 billion in taxes.

Income Tax 1.22B
Effective Tax Rate 50.88%

Stock Price Statistics

The stock price has increased by +43.92% in the last 52 weeks. The beta is 1.35, so B2Gold's price volatility has been higher than the market average.

Beta (5Y) 1.35
52-Week Price Change +43.92%
50-Day Moving Average 5.99
200-Day Moving Average 6.40
Relative Strength Index (RSI) 76.81
Average Volume (20 Days) 5,273,311

Short Selling Information

The latest short interest is 6.92 million, so 0.53% of the outstanding shares have been sold short.

Short Interest 6.92M
Short Previous Month 8.09M
Short % of Shares Out 0.53%
Short % of Float 0.53%
Short Ratio (days to cover) n/a

Income Statement

In the last 12 months, B2Gold had revenue of CAD 5.37 billion and earned 1.15 billion in profits. Earnings per share was 0.80.

Revenue5.37B
Gross Profit 3.39B
Operating Income 2.21B
Pretax Income 2.40B
Net Income 1.15B
EBITDA 2.95B
EBIT 2.21B
Earnings Per Share (EPS) 0.80
Full Income Statement

Balance Sheet

The company has 411.87 million in cash and 647.69 million in debt, with a net cash position of -235.81 million or -0.18 per share.

Cash & Cash Equivalents 411.87M
Total Debt 647.69M
Net Cash -235.81M
Net Cash Per Share -0.18
Equity (Book Value) 5.69B
Book Value Per Share 4.27
Working Capital 575.31M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 1.31 billion and capital expenditures -1.07 billion, giving a free cash flow of 240.34 million.

Operating Cash Flow 1.31B
Capital Expenditures -1.07B
Depreciation & Amortization 715.60M
Net Borrowing -38.22M
Free Cash Flow 240.34M
FCF Per Share 0.18
Full Cash Flow Statement

Margins

Gross margin is 63.16%, with operating and profit margins of 41.18% and 21.33%.

Gross Margin 63.16%
Operating Margin 41.18%
Pretax Margin 44.56%
Profit Margin 21.33%
EBITDA Margin 54.84%
EBIT Margin 41.18%
FCF Margin 4.59%

Dividends & Yields

This stock pays an annual dividend of 0.11, which amounts to a dividend yield of 1.47%.

Dividend Per Share 0.11
Dividend Yield 1.47%
Dividend Growth (YoY) -20.54%
Years of Dividend Growth n/a
Payout Ratio 12.91%
Buyback Yield -13.32%
Shareholder Yield -11.85%
Earnings Yield 10.94%
FCF Yield 2.29%
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

Analyst Forecast

The average price target for B2Gold is 9.16, which is 15.51% higher than the current price. The consensus rating is "Buy".

Price Target 9.16
Price Target Difference 15.51%
Analyst Consensus Buy
Analyst Count 13
Revenue Growth Forecast (3Y) 19.93%
EPS Growth Forecast (3Y) 37.39%

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 3.78 and a Piotroski F-Score of 7.

Altman Z-Score 3.78
Piotroski F-Score 7