B2Gold Corp. (BTG)
NYSEAMERICAN: BTG · Real-Time Price · USD
5.30
-0.38 (-6.69%)
At close: Nov 10, 2026, 4:00 PM EST
5.33
+0.03 (0.57%)
After-hours: Nov 10, 2026, 6:54 PM EST

B2Gold Statistics

Total Valuation

B2Gold has a market cap or net worth of $7.00 billion. The enterprise value is $7.29 billion.

Market Cap7.00B
Enterprise Value 7.29B

Important Dates

The last earnings date was Wednesday, November 4, 2026, after market close.

Earnings Date Nov 4, 2026
Ex-Dividend Date Dec 2, 2026

Share Statistics

B2Gold has 1.32 billion shares outstanding. The number of shares has increased by 3.90% in one year.

Current Share Class 1.32B
Shares Outstanding 1.32B
Shares Change (YoY) +3.90%
Shares Change (QoQ) -0.69%
Owned by Insiders (%) 0.59%
Owned by Institutions (%) 69.01%
Float 1.31B

Valuation Ratios

The trailing PE ratio is 6.49 and the forward PE ratio is 6.46.

PE Ratio 6.49
Forward PE 6.46
PS Ratio 1.96
Forward PS n/a
PB Ratio 1.70
P/TBV Ratio 1.72
P/FCF Ratio 25.03
P/OCF Ratio 7.61
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 3.55, with an EV/FCF ratio of 25.99.

EV / Earnings 6.51
EV / Sales 2.03
EV / EBITDA 3.55
EV / EBIT 4.69
EV / FCF 25.99

Financial Position

The company has a current ratio of 1.77, with a Debt / Equity ratio of 0.12.

Current Ratio 1.77
Quick Ratio 0.57
Debt / Equity 0.12
Debt / EBITDA 0.25
Debt / FCF 1.82
Interest Coverage 23.62

Financial Efficiency

Return on equity (ROE) is 31.35% and return on invested capital (ROIC) is 22.16%.

Return on Equity (ROE) 31.35%
Return on Assets (ROA) 17.44%
Return on Invested Capital (ROIC) 22.16%
Return on Capital Employed (ROCE) 29.81%
Weighted Average Cost of Capital (WACC) 11.44%
Revenue Per Employee $1.74M
Profits Per Employee $541,028
Employee Count2,212
Asset Turnover 0.64
Inventory Turnover 2.22

Taxes

In the past 12 months, B2Gold has paid $853.27 million in taxes.

Income Tax 853.27M
Effective Tax Rate 41.18%

Stock Price Statistics

The stock price has increased by +35.55% in the last 52 weeks. The beta is 1.36, so B2Gold's price volatility has been higher than the market average.

Beta (5Y) 1.36
52-Week Price Change +35.55%
50-Day Moving Average 5.22
200-Day Moving Average 4.84
Relative Strength Index (RSI) 53.69
Average Volume (20 Days) 24,861,031

Short Selling Information

The latest short interest is 67.24 million, so 5.10% of the outstanding shares have been sold short.

Short Interest 67.24M
Short Previous Month 84.36M
Short % of Shares Out 5.10%
Short % of Float 5.14%
Short Ratio (days to cover) 3.33

Income Statement

In the last 12 months, B2Gold had revenue of $3.84 billion and earned $1.20 billion in profits. Earnings per share was $0.82.

Revenue3.84B
Gross Profit 2.38B
Operating Income 1.66B
Pretax Income 2.07B
Net Income 1.20B
EBITDA 2.19B
EBIT 1.66B
Earnings Per Share (EPS) $0.82
Full Income Statement

Balance Sheet

The company has $297.07 million in cash and $546.20 million in debt, with a net cash position of -$249.14 million or -$0.19 per share.

Cash & Cash Equivalents 297.07M
Total Debt 546.20M
Net Cash -249.14M
Net Cash Per Share -$0.19
Equity (Book Value) 4.41B
Book Value Per Share 3.32
Working Capital 497.43M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $985.71 million and capital expenditures -$685.85 million, giving a free cash flow of $299.85 million.

Operating Cash Flow 985.71M
Capital Expenditures -685.85M
Depreciation & Amortization 531.41M
Net Borrowing -135.99M
Free Cash Flow 299.85M
FCF Per Share $0.23
Full Cash Flow Statement

Margins

Gross margin is 62.02%, with operating and profit margins of 43.31% and 31.18%.

Gross Margin 62.02%
Operating Margin 43.31%
Pretax Margin 53.99%
Profit Margin 31.18%
EBITDA Margin 57.15%
EBIT Margin 43.31%
FCF Margin 7.81%

Dividends & Yields

This stock pays an annual dividend of $0.08, which amounts to a dividend yield of 1.51%.

Dividend Per Share $0.08
Dividend Yield 1.51%
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio 9.75%
FCF Payout Ratio 35.14%
Buyback Yield -3.90%
Shareholder Yield -2.40%
Earnings Yield 15.40%
FCF Yield 3.99%
Dividend Details

Analyst Forecast

The average price target for B2Gold is $6.30, which is 18.87% higher than the current price. The consensus rating is "Buy".

Price Target $6.30
Price Target Difference 18.87%
Analyst Consensus Buy
Analyst Count 13
Revenue Growth Forecast (3Y) 21.82%
EPS Growth Forecast (3Y) 35.33%
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
Graham Formula Value
Graham Formula 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 3.83 and a Piotroski F-Score of 7.

Altman Z-Score 3.83
Piotroski F-Score 7