B2Gold Corp. (BTG)
NYSEAMERICAN: BTG · Real-Time Price · USD
5.11
+0.41 (8.72%)
At close: Nov 4, 2026, 4:00 PM EST
5.26
+0.15 (2.93%)
Pre-market: Nov 5, 2026, 5:17 AM EST
B2Gold Ratios and Metrics
Market cap in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Total Valuation
Fiscal Quarter | Current | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Nov '26 Nov 4, 2026 | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
| 6,767 | 6,916 | 4,992 | 6,054 | 6,022 | 6,535 | 4,767 | 3,751 | 3,212 | 4,060 | 3,505 | 3,416 | 4,126 | 3,741 | 4,616 | 4,245 | 3,819 | 3,473 | 3,591 | 4,864 | 4,154 | |
Market Cap Growth (YoY) | 16.53% | 5.83% | 4.72% | 61.41% | 87.47% | 60.96% | 36.01% | 9.80% | -22.14% | 8.52% | -24.08% | -19.53% | 8.04% | 7.73% | 28.54% | -12.72% | -8.06% | -3.82% | -18.65% | 7.51% | -29.34% |
Enterprise Value | 7,061 | 7,115 | 5,071 | 6,310 | 6,335 | 6,710 | 4,901 | 3,893 | 3,175 | 3,718 | 3,090 | 3,401 | 3,972 | 3,415 | 4,099 | 3,754 | 3,414 | 3,064 | 3,138 | 4,360 | 3,775 |
Last Close Price | 5.11 | 5.22 | 3.73 | 4.49 | 4.45 | 4.87 | 3.53 | 2.77 | 2.36 | 2.93 | 2.53 | 2.41 | 2.88 | 2.60 | 3.17 | 3.46 | 3.10 | 2.76 | 2.88 | 3.85 | 3.27 |
Price Ratios
Fiscal Quarter | Current | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Nov '26 Nov 4, 2026 | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
PE Ratio | 8.95 | 5.78 | 6.18 | 11.12 | 14.98 | 29.78 | -10.99 | -6.13 | - | - | - | -94.55 | - | - | 15.35 | 16.45 | 15.10 | - | 9.49 | 11.89 | 9.89 |
PS Ratio | 1.76 | 1.80 | 1.32 | 1.64 | 1.97 | 2.61 | 2.19 | 1.90 | 1.69 | 2.12 | 1.80 | 1.78 | 2.13 | 1.86 | 2.39 | 2.31 | 2.20 | 2.08 | 2.01 | 2.76 | 2.36 |
PB Ratio | 1.54 | 1.57 | 1.25 | 1.63 | 1.65 | 1.94 | 1.44 | 1.18 | 1.06 | 1.27 | 0.91 | 0.87 | 1.06 | 0.92 | 1.12 | 1.34 | 1.23 | 1.17 | 1.20 | 1.61 | 1.40 |
P/TBV Ratio | 1.55 | 1.58 | 1.26 | 1.65 | 1.68 | 1.97 | 1.46 | 1.20 | 1.08 | 1.34 | 0.93 | 0.89 | 1.08 | 0.95 | 1.15 | 1.39 | 1.27 | 1.20 | 1.23 | 1.67 | 1.45 |
P/FCF Ratio | 22.57 | 22.74 | - | 13.88 | 92.76 | - | -14.42 | - | - | - | - | 12.48 | - | - | - | 15.69 | 17.88 | 16.19 | - | 12.51 | 9.32 |
P/OCF Ratio | 6.87 | 6.99 | - | 4.82 | 6.72 | 9.00 | 8.86 | 10.85 | 3.66 | - | 3.22 | 2.80 | 5.78 | 4.80 | 6.06 | 6.13 | 6.41 | 5.87 | 4.39 | 7.09 | 5.74 |
EV Ratios
Fiscal Quarter | Current | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Nov '26 Nov 4, 2026 | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
EV/Sales Ratio | 1.84 | 1.85 | 1.34 | 1.71 | 2.07 | 2.68 | 2.26 | 1.97 | 1.67 | 1.94 | 1.59 | 1.77 | 2.05 | 1.70 | 2.13 | 2.04 | 1.97 | 1.84 | 1.76 | 2.47 | 2.14 |
EV/EBITDA Ratio | 3.34 | 3.28 | 2.45 | 3.18 | 4.07 | 5.41 | 4.65 | 4.14 | 3.40 | 4.90 | 3.64 | 4.12 | 4.59 | 2.94 | 3.88 | 3.80 | 3.72 | 3.41 | 2.91 | 4.02 | 3.47 |
EV/EBIT Ratio | 4.34 | 4.33 | 3.26 | 4.23 | 5.61 | 7.89 | 7.19 | 6.76 | 5.54 | 9.80 | 6.78 | 7.85 | - | 4.75 | 6.64 | 6.74 | 6.53 | 5.92 | 4.57 | 6.24 | 5.31 |
EV/FCF Ratio | 23.55 | 23.40 | - | 14.47 | 97.57 | - | -14.83 | - | - | - | - | 12.43 | - | - | - | 13.88 | 15.98 | 14.29 | - | 11.21 | 8.47 |
Financial Efficiency
Fiscal Quarter | Current | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Nov '26 Nov 4, 2026 | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
Debt / Equity Ratio | 0.12 | 0.12 | 0.11 | 0.14 | 0.16 | 0.19 | 0.13 | 0.13 | 0.14 | 0.08 | 0.01 | 0.01 | 0.05 | 0.01 | 0.01 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.03 |
Debt / EBITDA Ratio | 0.26 | 0.30 | 0.24 | 0.19 | 0.26 | 0.45 | 0.28 | 0.42 | 0.45 | 0.36 | 0.04 | 0.05 | 0.72 | 0.05 | 0.05 | 0.04 | 0.04 | 0.10 | 0.09 | 0.08 | 0.05 |
Debt / FCF Ratio | 1.82 | 1.80 | - | 1.19 | 9.22 | - | -1.34 | - | - | - | - | 0.17 | - | - | - | 0.18 | 0.27 | 0.29 | - | 0.19 | 0.17 |
Net Debt / Equity Ratio | 0.06 | 0.06 | 0.04 | 0.01 | 0.06 | 0.08 | 0.04 | 0.02 | 0.03 | -0.06 | -0.11 | -0.13 | -0.03 | -0.06 | -0.11 | -0.20 | -0.19 | -0.16 | -0.17 | -0.19 | -0.20 |
Net Debt / EBITDA Ratio | 0.12 | 0.12 | 0.08 | 0.02 | 0.14 | 0.21 | 0.13 | 0.08 | 0.10 | -0.25 | -0.50 | -0.63 | -0.13 | -0.22 | -0.43 | -0.63 | -0.65 | -0.54 | -0.48 | -0.53 | -0.55 |
Net Debt / FCF Ratio | 0.84 | 0.83 | 0.98 | 0.09 | 3.28 | -1.48 | -0.40 | -0.15 | -3.78 | -13.66 | -3.29 | -1.91 | 1.04 | -2.01 | -1.70 | -2.31 | -2.78 | -2.27 | -1.17 | -1.48 | -1.34 |
Asset Turnover | 0.64 | 0.64 | 0.69 | 0.67 | 0.57 | 0.48 | 0.41 | 0.38 | 0.39 | 0.40 | 0.38 | 0.42 | 0.45 | 0.48 | 0.45 | 0.50 | 0.48 | 0.48 | 0.52 | 0.51 | 0.51 |
Inventory Turnover | 2.22 | 1.99 | 2.12 | 2.40 | 2.34 | 1.99 | 1.74 | 1.62 | 2.17 | 2.39 | 2.06 | 2.18 | 2.29 | 2.41 | 2.16 | 1.91 | 2.57 | 2.86 | 2.52 | 2.16 | 2.30 |
Quick Ratio | 0.66 | 0.66 | 0.50 | 0.49 | 0.44 | 0.42 | 0.37 | 0.52 | 0.69 | 0.99 | 1.60 | 1.82 | 1.10 | 1.05 | 1.65 | 2.60 | 2.92 | 3.33 | 2.97 | 3.55 | 3.19 |
Current Ratio | 1.77 | 1.77 | 1.58 | 1.19 | 1.06 | 1.03 | 0.98 | 1.22 | 1.55 | 1.83 | 2.93 | 2.99 | 2.27 | 2.18 | 2.79 | 4.00 | 4.43 | 5.21 | 4.64 | 5.17 | 4.53 |
Return on Equity (ROE) | 31.35% | 31.35% | 22.63% | 16.54% | 12.78% | 7.23% | -11.65% | -17.24% | -18.04% | -20.25% | -3.47% | -0.33% | 1.19% | 9.53% | 9.78% | 9.64% | 9.44% | 9.07% | 14.63% | 15.80% | 16.39% |
Return on Assets (ROA) | 17.07% | 17.07% | 17.62% | 16.90% | 13.23% | 10.36% | -1.61% | -2.90% | -3.15% | -5.68% | 5.69% | 6.03% | 6.63% | 10.81% | 9.09% | 9.47% | 9.03% | 9.35% | 12.50% | 12.47% | 12.81% |
Return on Invested Capital (ROIC) | 21.68% | 21.84% | 18.31% | 17.77% | 13.84% | 7.75% | 8.95% | -4.00% | -4.32% | -5.35% | -11.12% | -0.83% | 0.51% | 7.31% | 10.99% | 11.38% | 11.15% | 10.17% | 16.55% | 18.66% | 19.37% |
Return on Capital Employed (ROCE) | 29.20% | 29.50% | 30.80% | 30.70% | 23.40% | 18.30% | 15.70% | 13.40% | 13.50% | 8.90% | 9.40% | 8.70% | 9.80% | 15.90% | 13.40% | 15.90% | 15.20% | 15.50% | 20.50% | 20.70% | 21.30% |
Yields
Fiscal Quarter | Current | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Nov '26 Nov 4, 2026 | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
Earnings Yield | 11.17% | 17.30% | 16.17% | 8.99% | 6.67% | 3.36% | -9.10% | -16.32% | -19.61% | -18.01% | -4.01% | -1.06% | 0.24% | 7.51% | 6.51% | 6.08% | 6.62% | 6.68% | 10.54% | 8.41% | 10.11% |
FCF Yield | 4.43% | 4.40% | 3.39% | 7.20% | 1.08% | -2.71% | -6.93% | -13.35% | -0.74% | 0.35% | 3.70% | 8.01% | -2.68% | 3.46% | 5.74% | 6.37% | 5.59% | 6.18% | 12.41% | 8.00% | 10.73% |
Dividend Yield | 1.57% | - | 2.12% | 1.76% | 1.78% | 2.04% | 3.33% | 4.93% | 6.57% | 5.17% | 5.98% | 6.12% | 5.05% | 5.56% | 4.49% | 4.06% | 4.50% | 4.95% | 4.74% | 3.48% | 4.07% |
Payout Ratio | 14.03% | 6.31% | 6.22% | 13.16% | 15.25% | 134.20% | 16.81% | 44.37% | - | - | - | 115.69% | - | - | 64.33% | 49.99% | 27.22% | - | 112.45% | 52.32% | 30.83% |
Buyback Yield / Dilution | -3.90% | 0.18% | -0.87% | -2.18% | -13.99% | -13.07% | -12.99% | -12.35% | -1.01% | -1.06% | -3.92% | -20.96% | -20.36% | -21.88% | -17.74% | -1.75% | -1.87% | -0.34% | -0.41% | -0.05% | -0.24% |
Total Shareholder Return | -2.34% | 0.18% | 1.25% | -0.42% | -12.21% | -11.04% | -9.66% | -7.42% | 5.55% | 4.11% | 2.06% | -14.85% | -15.31% | -16.32% | -13.25% | 2.31% | 2.64% | 4.61% | 4.32% | 3.44% | 3.83% |