B2Gold Statistics
Total Valuation
B2Gold has a market cap or net worth of $6.21 billion. The enterprise value is $6.52 billion.
Important Dates
The last earnings date was Wednesday, November 5, 2025, after market close.
| Earnings Date | Nov 5, 2025 |
| 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 (%) | 65.61% |
| Float | 1.33B |
Valuation Ratios
The trailing PE ratio is 30.52 and the forward PE ratio is 5.31.
| PE Ratio | 30.52 |
| Forward PE | 5.31 |
| PS Ratio | 2.48 |
| Forward PS | n/a |
| PB Ratio | 1.84 |
| P/TBV Ratio | 1.87 |
| P/FCF Ratio | n/a |
| P/OCF Ratio | 8.55 |
| PEG Ratio | n/a |
Financial Ratio HistoryEnterprise Valuation
| EV / Earnings | 29.70 |
| EV / Sales | 2.60 |
| EV / EBITDA | 5.31 |
| EV / EBIT | 3.93 |
| 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 | 0.52 |
| Debt / FCF | n/a |
| 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 | $1.13M |
| Profits Per Employee | $99,206 |
| Employee Count | 2,212 |
| 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 +75.55% 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 | +75.55% |
| 50-Day Moving Average | 4.67 |
| 200-Day Moving Average | 3.80 |
| Relative Strength Index (RSI) | 61.31 |
| Average Volume (20 Days) | 30,852,223 |
Short Selling Information
The latest short interest is 44.04 million, so 3.30% of the outstanding shares have been sold short.
| Short Interest | 44.04M |
| Short Previous Month | 58.61M |
| Short % of Shares Out | 3.30% |
| Short % of Float | 3.32% |
| Short Ratio (days to cover) | 0.77 |
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.
| Revenue | 2.51B |
| 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 StatementBalance Sheet
The company has $375.65 million in cash and $637.61 million in debt, giving 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 SheetCash 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 StatementMargins
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 | 48.99% |
| EBIT Margin | 66.12% |
| FCF Margin | n/a |
Dividends & Yields
This stock pays an annual dividend of $0.08, which amounts to a dividend yield of 1.69%.
| Dividend Per Share | $0.08 |
| Dividend Yield | 1.69% |
| Dividend Growth (YoY) | -50.00% |
| Years of Dividend Growth | n/a |
| Payout Ratio | 51.67% |
| Buyback Yield | -9.92% |
| Shareholder Yield | -8.23% |
| Earnings Yield | 3.54% |
| FCF Yield | -2.85% |
Dividend DetailsAnalyst Forecast
The average price target for B2Gold is $6.00, which is 26.98% higher than the current price. The consensus rating is "Buy".
| Price Target | $6.00 |
| Price Target Difference | 26.98% |
| Analyst Consensus | Buy |
| Analyst Count | 2 |
| Revenue Growth Forecast (5Y) | 13.75% |
| EPS Growth Forecast (5Y) | n/a |
Stock ForecastsFair 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 |
