B2Gold Corp. (TSX:BTO)
Canada flag Canada · Delayed Price · Currency is CAD
7.01
-0.04 (-0.57%)
Nov 13, 2026, 4:00 PM EST

B2Gold Statistics

Total Valuation

B2Gold has a market cap or net worth of CAD 9.23 billion. The enterprise value is 9.64 billion.

Market Cap9.23B
Enterprise Value 9.64B

Important Dates

The last earnings date was Wednesday, November 4, 2026.

Earnings Date Nov 4, 2026
Ex-Dividend Date Dec 2, 2026

Share Statistics

B2Gold has 1.32 billion shares outstanding. The number of shares has increased by 3.90% in one year.

Current Share Class 1.32B
Shares Outstanding 1.32B
Shares Change (YoY) +3.90%
Shares Change (QoQ) -0.69%
Owned by Insiders (%) 0.59%
Owned by Institutions (%) 69.43%
Float 1.31B

Valuation Ratios

The trailing PE ratio is 6.05 and the forward PE ratio is 5.89. B2Gold's PEG ratio is 0.19.

PE Ratio 6.05
Forward PE 5.89
PS Ratio 1.70
PB Ratio 1.48
P/TBV Ratio 1.50
P/FCF Ratio 21.82
P/OCF Ratio 6.64
PEG Ratio 0.19
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 3.07, with an EV/FCF ratio of 22.77.

EV / Earnings 5.70
EV / Sales 1.78
EV / EBITDA 3.07
EV / EBIT 4.09
EV / FCF 22.77

Financial Position

The company has a current ratio of 1.77, with a Debt / Equity ratio of 0.12.

Current Ratio 1.77
Quick Ratio 0.57
Debt / Equity 0.12
Debt / EBITDA 0.25
Debt / FCF 1.82
Interest Coverage 23.62

Financial Efficiency

Return on equity (ROE) is 31.35% and return on invested capital (ROIC) is 22.16%.

Return on Equity (ROE) 31.35%
Return on Assets (ROA) 17.44%
Return on Invested Capital (ROIC) 22.16%
Return on Capital Employed (ROCE) 29.81%
Weighted Average Cost of Capital (WACC) 11.40%
Revenue Per Employee 2.46M
Profits Per Employee 768,070
Employee Count2,212
Asset Turnover 0.64
Inventory Turnover 2.22

Taxes

In the past 12 months, B2Gold has paid 1.21 billion in taxes.

Income Tax 1.21B
Effective Tax Rate 41.18%

Stock Price Statistics

The stock price has increased by +20.03% in the last 52 weeks. The beta is 1.36, so B2Gold's price volatility has been higher than the market average.

Beta (5Y) 1.36
52-Week Price Change +20.03%
50-Day Moving Average 7.32
200-Day Moving Average 6.72
Relative Strength Index (RSI) 46.86
Average Volume (20 Days) 5,072,285

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 5.45 billion and earned 1.70 billion in profits. Earnings per share was 1.16.

Revenue5.45B
Gross Profit 3.38B
Operating Income 2.36B
Pretax Income 2.94B
Net Income 1.70B
EBITDA 3.11B
EBIT 2.36B
Earnings Per Share (EPS) 1.16
Full Income Statement

Balance Sheet

The company has 421.73 million in cash and 775.42 million in debt, with a net cash position of -353.69 million or -0.27 per share.

Cash & Cash Equivalents 421.73M
Total Debt 775.42M
Net Cash -353.69M
Net Cash Per Share -0.27
Equity (Book Value) 6.25B
Book Value Per Share 4.71
Working Capital 706.18M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 1.40 billion and capital expenditures -973.67 million, giving a free cash flow of 425.69 million.

Operating Cash Flow 1.40B
Capital Expenditures -973.67M
Depreciation & Amortization 757.12M
Net Borrowing -193.75M
Free Cash Flow 425.69M
FCF Per Share 0.32
Full Cash Flow Statement

Margins

Gross margin is 62.02%, with operating and profit margins of 43.31% and 31.18%.

Gross Margin 62.02%
Operating Margin 43.31%
Pretax Margin 53.99%
Profit Margin 31.18%
EBITDA Margin 57.15%
EBIT Margin 43.31%
FCF Margin 7.78%

Dividends & Yields

This stock pays an annual dividend of 0.11, which amounts to a dividend yield of 1.61%.

Dividend Per Share 0.11
Dividend Yield 1.61%
Dividend Growth (YoY) -0.22%
Years of Dividend Growth n/a
Payout Ratio 8.70%
FCF Payout Ratio 34.42%
Buyback Yield -3.90%
Shareholder Yield -2.30%
Earnings Yield 16.52%
FCF Yield 4.58%
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
Graham Formula Value
Graham Formula Upside

Analyst Forecast

The average price target for B2Gold is 9.98, which is 42.35% higher than the current price. The consensus rating is "Buy".

Price Target 9.98
Price Target Difference 42.35%
Analyst Consensus Buy
Analyst Count 13
Revenue Growth Forecast (3Y) 21.82%
EPS Growth Forecast (3Y) 35.33%

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 3.83 and a Piotroski F-Score of 7.

Altman Z-Score 3.83
Piotroski F-Score 7