B2Gold Corp. (BTG)
NYSEAMERICAN: BTG · Real-Time Price · USD
5.34
+0.05 (0.95%)
At close: Jan 26, 2026, 4:00 PM EST
5.33
-0.01 (-0.19%)
After-hours: Jan 26, 2026, 7:14 PM EST

B2Gold Statistics

Total Valuation

B2Gold has a market cap or net worth of $7.16 billion. The enterprise value is $7.48 billion.

Market Cap7.16B
Enterprise Value 7.48B

Important Dates

The next confirmed earnings date is Wednesday, February 18, 2026, after market close.

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

Share Statistics

B2Gold has 1.34 billion shares outstanding. The number of shares has increased by 9.92% in one year.

Current Share Class 1.34B
Shares Outstanding 1.34B
Shares Change (YoY) +9.92%
Shares Change (QoQ) +0.36%
Owned by Insiders (%) 0.76%
Owned by Institutions (%) 65.38%
Float 1.33B

Valuation Ratios

The trailing PE ratio is 32.64 and the forward PE ratio is 7.73.

PE Ratio 32.64
Forward PE 7.73
PS Ratio 2.86
Forward PS n/a
PB Ratio 2.12
P/TBV Ratio 2.15
P/FCF Ratio n/a
P/OCF Ratio 9.87
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings 34.06
EV / Sales 2.98
EV / EBITDA 6.06
EV / EBIT 4.49
EV / FCF n/a

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 0.51
Debt / FCF n/a
Interest Coverage 63.62

Financial Efficiency

Return on equity (ROE) is 7.23% and return on invested capital (ROIC) is 15.36%.

Return on Equity (ROE) 7.23%
Return on Assets (ROA) 19.84%
Return on Invested Capital (ROIC) 15.36%
Return on Capital Employed (ROCE) 35.73%
Weighted Average Cost of Capital (WACC) 8.86%
Revenue Per Employee $1.13M
Profits Per Employee $99,206
Employee Count2,212
Asset Turnover 0.48
Inventory Turnover 1.97

Taxes

In the past 12 months, B2Gold has paid $488.14 million in taxes.

Income Tax 488.14M
Effective Tax Rate 67.31%

Stock Price Statistics

The stock price has increased by +122.50% in the last 52 weeks. The beta is 0.96, so B2Gold's price volatility has been similar to the market average.

Beta (5Y) 0.96
52-Week Price Change +122.50%
50-Day Moving Average 4.53
200-Day Moving Average 4.06
Relative Strength Index (RSI) 73.47
Average Volume (20 Days) 37,934,237

Short Selling Information

The latest short interest is 50.11 million, so 3.75% of the outstanding shares have been sold short.

Short Interest 50.11M
Short Previous Month 41.38M
Short % of Shares Out 3.75%
Short % of Float 3.78%
Short Ratio (days to cover) 1.55

Income Statement

In the last 12 months, B2Gold had revenue of $2.51 billion and earned $219.44 million in profits. Earnings per share was $0.15.

Revenue2.51B
Gross Profit 1.54B
Operating Income 1.66B
Pretax Income 725.26M
Net Income 219.44M
EBITDA 1.23B
EBIT 1.66B
Earnings Per Share (EPS) $0.15
Full Income Statement

Balance Sheet

The company has $375.65 million in cash and $637.61 million in debt, with a net cash position of -$261.96 million or -$0.20 per share.

Cash & Cash Equivalents 375.65M
Total Debt 637.61M
Net Cash -261.96M
Net Cash Per Share -$0.20
Equity (Book Value) 3.37B
Book Value Per Share 2.50
Working Capital 34.90M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $725.80 million and capital expenditures -$902.67 million, giving a free cash flow of -$176.87 million.

Operating Cash Flow 725.80M
Capital Expenditures -902.67M
Free Cash Flow -176.87M
FCF Per Share -$0.13
Full Cash Flow Statement

Margins

Gross margin is 61.60%, with operating and profit margins of 66.36% and 8.75%.

Gross Margin 61.60%
Operating Margin 66.36%
Pretax Margin 28.93%
Profit Margin 8.75%
EBITDA Margin 49.23%
EBIT Margin 66.36%
FCF Margin n/a

Dividends & Yields

This stock pays an annual dividend of $0.08, which amounts to a dividend yield of 1.50%.

Dividend Per Share $0.08
Dividend Yield 1.50%
Dividend Growth (YoY) -50.00%
Years of Dividend Growth n/a
Payout Ratio 51.67%
Buyback Yield -9.92%
Shareholder Yield -8.42%
Earnings Yield 3.06%
FCF Yield -2.47%
Dividend Details

Analyst Forecast

The average price target for B2Gold is $6.00, which is 12.36% higher than the current price. The consensus rating is "Buy".

Price Target $6.00
Price Target Difference 12.36%
Analyst Consensus Buy
Analyst Count 2
Revenue Growth Forecast (5Y) 13.75%
EPS Growth Forecast (5Y) n/a
Stock Forecasts

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 2.42 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 2.42
Piotroski F-Score 6