B2Gold Corp. (BTG)
NYSEAMERICAN: BTG · Real-Time Price · USD
5.12
-0.26 (-4.83%)
Feb 19, 2026, 3:11 PM EST - Market open

B2Gold Statistics

Total Valuation

B2Gold has a market cap or net worth of $7.17 billion. The enterprise value is $7.44 billion.

Market Cap7.17B
Enterprise Value 7.44B

Important Dates

The last earnings date was 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 13.14% in one year.

Current Share Class 1.34B
Shares Outstanding 1.34B
Shares Change (YoY) +13.14%
Shares Change (QoQ) +1.04%
Owned by Insiders (%) 0.76%
Owned by Institutions (%) 63.73%
Float 1.26B

Valuation Ratios

The trailing PE ratio is 18.29 and the forward PE ratio is 10.04.

PE Ratio 18.29
Forward PE 10.04
PS Ratio 2.34
Forward PS n/a
PB Ratio 1.97
P/TBV Ratio 2.00
P/FCF Ratio 110.47
P/OCF Ratio 8.01
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 4.87, with an EV/FCF ratio of 114.58.

EV / Earnings 18.51
EV / Sales 2.43
EV / EBITDA 4.87
EV / EBIT 6.61
EV / FCF 114.58

Financial Position

The company has a current ratio of 1.06, with a Debt / Equity ratio of 0.16.

Current Ratio 1.06
Quick Ratio 0.47
Debt / Equity 0.16
Debt / EBITDA 0.39
Debt / FCF 9.22
Interest Coverage 29.86

Financial Efficiency

Return on equity (ROE) is 12.78% and return on invested capital (ROIC) is 13.13%.

Return on Equity (ROE) 12.78%
Return on Assets (ROA) 13.16%
Return on Invested Capital (ROIC) 13.13%
Return on Capital Employed (ROCE) 23.37%
Weighted Average Cost of Capital (WACC) 9.23%
Revenue Per Employee $1.38M
Profits Per Employee $181,694
Employee Count2,212
Asset Turnover 0.57
Inventory Turnover 1.97

Taxes

In the past 12 months, B2Gold has paid $550.10 million in taxes.

Income Tax 550.10M
Effective Tax Rate 56.32%

Stock Price Statistics

The stock price has increased by +94.68% in the last 52 weeks. The beta is 1.00, so B2Gold's price volatility has been similar to the market average.

Beta (5Y) 1.00
52-Week Price Change +94.68%
50-Day Moving Average 4.87
200-Day Moving Average 4.24
Relative Strength Index (RSI) 50.15
Average Volume (20 Days) 48,145,079

Short Selling Information

The latest short interest is 69.58 million, so 5.21% of the outstanding shares have been sold short.

Short Interest 69.58M
Short Previous Month 47.51M
Short % of Shares Out 5.21%
Short % of Float 5.53%
Short Ratio (days to cover) 1.43

Income Statement

In the last 12 months, B2Gold had revenue of $3.06 billion and earned $401.91 million in profits. Earnings per share was $0.28.

Revenue3.06B
Gross Profit 1.97B
Operating Income 1.13B
Pretax Income 976.80M
Net Income 401.91M
EBITDA 1.53B
EBIT 1.13B
Earnings Per Share (EPS) $0.28
Full Income Statement

Balance Sheet

The company has $380.42 million in cash and $598.31 million in debt, with a net cash position of -$217.89 million or -$0.16 per share.

Cash & Cash Equivalents 380.42M
Total Debt 598.31M
Net Cash -217.89M
Net Cash Per Share -$0.16
Equity (Book Value) 3.64B
Book Value Per Share 2.69
Working Capital 68.42M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $895.84 million and capital expenditures -$830.91 million, giving a free cash flow of $64.93 million.

Operating Cash Flow 895.84M
Capital Expenditures -830.91M
Free Cash Flow 64.93M
FCF Per Share $0.05
Full Cash Flow Statement

Margins

Gross margin is 64.41%, with operating and profit margins of 36.78% and 13.13%.

Gross Margin 64.41%
Operating Margin 36.78%
Pretax Margin 31.91%
Profit Margin 13.13%
EBITDA Margin 49.94%
EBIT Margin 36.78%
FCF Margin 2.12%

Dividends & Yields

This stock pays an annual dividend of $0.08, which amounts to a dividend yield of 1.56%.

Dividend Per Share $0.08
Dividend Yield 1.56%
Dividend Growth (YoY) -50.00%
Years of Dividend Growth n/a
Payout Ratio 28.57%
Buyback Yield -13.14%
Shareholder Yield -11.66%
Earnings Yield 5.60%
FCF Yield 0.91%
Dividend Details

Analyst Forecast

The average price target for B2Gold is $6.00, which is 17.19% higher than the current price. The consensus rating is "Buy".

Price Target $6.00
Price Target Difference 17.19%
Analyst Consensus Buy
Analyst Count 2
Revenue Growth Forecast (5Y) 18.64%
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

Altman Z-Score n/a
Piotroski F-Score 5