B2Gold Corp. (BTG)
NYSEAMERICAN: BTG · Real-Time Price · USD
5.34
+0.07 (1.33%)
Aug 20, 2026, 3:34 PM EDT - Market open

B2Gold Statistics

Total Valuation

B2Gold has a market cap or net worth of $6.96 billion. The enterprise value is $7.17 billion.

Market Cap6.96B
Enterprise Value 7.17B

Important Dates

The last earnings date was Thursday, August 6, 2026, after market close.

Earnings Date Aug 6, 2026
Ex-Dividend Date Sep 10, 2026

Share Statistics

B2Gold has 1.32 billion shares outstanding. The number of shares has increased by 13.32% in one year.

Current Share Class 1.32B
Shares Outstanding 1.32B
Shares Change (YoY) +13.32%
Shares Change (QoQ) -0.76%
Owned by Insiders (%) 0.59%
Owned by Institutions (%) 68.26%
Float 1.31B

Valuation Ratios

The trailing PE ratio is 8.62 and the forward PE ratio is 5.86.

PE Ratio 8.62
Forward PE 5.86
PS Ratio 1.84
Forward PS n/a
PB Ratio 1.74
P/TBV Ratio 1.75
P/FCF Ratio 41.13
P/OCF Ratio 7.54
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 3.45, with an EV/FCF ratio of 42.34.

EV / Earnings 8.88
EV / Sales 1.89
EV / EBITDA 3.45
EV / EBIT 4.60
EV / FCF 42.34

Financial Position

The company has a current ratio of 1.58, with a Debt / Equity ratio of 0.11.

Current Ratio 1.58
Quick Ratio 0.50
Debt / Equity 0.11
Debt / EBITDA 0.22
Debt / FCF 2.69
Interest Coverage 25.59

Financial Efficiency

Return on equity (ROE) is 22.63% and return on invested capital (ROIC) is 19.33%.

Return on Equity (ROE) 22.63%
Return on Assets (ROA) 17.62%
Return on Invested Capital (ROIC) 19.33%
Return on Capital Employed (ROCE) 30.85%
Weighted Average Cost of Capital (WACC) 11.36%
Revenue Per Employee $1.71M
Profits Per Employee $364,904
Employee Count2,212
Asset Turnover 0.68
Inventory Turnover 2.22

Taxes

In the past 12 months, B2Gold has paid $858.20 million in taxes.

Income Tax 858.20M
Effective Tax Rate 50.88%

Stock Price Statistics

The stock price has increased by +42.29% in the last 52 weeks. The beta is 1.35, so B2Gold's price volatility has been higher than the market average.

Beta (5Y) 1.35
52-Week Price Change +42.29%
50-Day Moving Average 4.18
200-Day Moving Average 4.61
Relative Strength Index (RSI) 72.05
Average Volume (20 Days) 23,693,751

Short Selling Information

The latest short interest is 60.84 million, so 4.60% of the outstanding shares have been sold short.

Short Interest 60.84M
Short Previous Month 60.57M
Short % of Shares Out 4.60%
Short % of Float 4.63%
Short Ratio (days to cover) 3.18

Income Statement

In the last 12 months, B2Gold had revenue of $3.78 billion and earned $807.17 million in profits. Earnings per share was $0.56.

Revenue3.78B
Gross Profit 2.39B
Operating Income 1.56B
Pretax Income 1.69B
Net Income 807.17M
EBITDA 2.08B
EBIT 1.56B
Earnings Per Share (EPS) $0.56
Full Income Statement

Balance Sheet

The company has $290.03 million in cash and $456.09 million in debt, with a net cash position of -$166.05 million or -$0.13 per share.

Cash & Cash Equivalents 290.03M
Total Debt 456.09M
Net Cash -166.05M
Net Cash Per Share -$0.13
Equity (Book Value) 4.00B
Book Value Per Share 3.01
Working Capital 405.12M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $922.69 million and capital expenditures -$753.45 million, giving a free cash flow of $169.24 million.

Operating Cash Flow 922.69M
Capital Expenditures -753.45M
Depreciation & Amortization 517.01M
Net Borrowing -27.62M
Free Cash Flow 169.24M
FCF Per Share $0.13
Full Cash Flow Statement

Margins

Gross margin is 63.16%, with operating and profit margins of 41.18% and 21.33%.

Gross Margin 63.16%
Operating Margin 41.18%
Pretax Margin 44.56%
Profit Margin 21.33%
EBITDA Margin 54.84%
EBIT Margin 41.18%
FCF Margin 4.47%

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) -20.00%
Years of Dividend Growth n/a
Payout Ratio 14.27%
Buyback Yield -13.32%
Shareholder Yield -11.81%
Earnings Yield 11.60%
FCF Yield 2.43%
Dividend Details

Analyst Forecast

The average price target for B2Gold is $6.15, which is 15.17% higher than the current price. The consensus rating is "Buy".

Price Target $6.15
Price Target Difference 15.17%
Analyst Consensus Buy
Analyst Count 13
Revenue Growth Forecast (3Y) 20.63%
EPS Growth Forecast (3Y) 37.32%
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 3.78 and a Piotroski F-Score of 7.

Altman Z-Score 3.78
Piotroski F-Score 7