B2Gold Corp. (BTG)
NYSEAMERICAN: BTG · Real-Time Price · USD
3.875
-0.135 (-3.37%)
Jun 24, 2026, 4:00 PM EDT - Market closed

B2Gold Statistics

Total Valuation

B2Gold has a market cap or net worth of $5.37 billion. The enterprise value is $5.45 billion.

Market Cap5.37B
Enterprise Value 5.45B

Important Dates

The next estimated earnings date is Thursday, August 6, 2026, after market close.

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

Share Statistics

B2Gold has 1.33 billion shares outstanding. The number of shares has increased by 13.43% in one year.

Current Share Class 1.33B
Shares Outstanding 1.33B
Shares Change (YoY) +13.43%
Shares Change (QoQ) +0.23%
Owned by Insiders (%) 0.61%
Owned by Institutions (%) 60.94%
Float 1.25B

Valuation Ratios

The trailing PE ratio is 9.86 and the forward PE ratio is 4.81.

PE Ratio 9.86
Forward PE 4.81
PS Ratio 1.46
Forward PS n/a
PB Ratio 1.45
P/TBV Ratio 1.46
P/FCF Ratio 12.31
P/OCF Ratio 4.27
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 2.74, with an EV/FCF ratio of 12.49.

EV / Earnings 10.01
EV / Sales 1.48
EV / EBITDA 2.74
EV / EBIT 3.64
EV / FCF 12.49

Financial Position

The company has a current ratio of 1.19, with a Debt / Equity ratio of 0.14.

Current Ratio 1.19
Quick Ratio 0.49
Debt / Equity 0.14
Debt / EBITDA 0.26
Debt / FCF 1.19
Interest Coverage 29.69

Financial Efficiency

Return on equity (ROE) is 16.54% and return on invested capital (ROIC) is 16.65%.

Return on Equity (ROE) 16.54%
Return on Assets (ROA) 16.90%
Return on Invested Capital (ROIC) 16.65%
Return on Capital Employed (ROCE) 30.74%
Weighted Average Cost of Capital (WACC) 10.75%
Revenue Per Employee $1.67M
Profits Per Employee $246,048
Employee Count2,212
Asset Turnover 0.67
Inventory Turnover 2.12

Taxes

In the past 12 months, B2Gold has paid $776.32 million in taxes.

Income Tax 776.32M
Effective Tax Rate 57.68%

Stock Price Statistics

The stock price has increased by +3.82% in the last 52 weeks. The beta is 1.30, so B2Gold's price volatility has been higher than the market average.

Beta (5Y) 1.30
52-Week Price Change +3.82%
50-Day Moving Average 4.61
200-Day Moving Average 4.76
Relative Strength Index (RSI) 35.00
Average Volume (20 Days) 22,855,222

Short Selling Information

The latest short interest is 55.66 million, so 4.18% of the outstanding shares have been sold short.

Short Interest 55.66M
Short Previous Month 62.68M
Short % of Shares Out 4.18%
Short % of Float 4.44%
Short Ratio (days to cover) 2.25

Income Statement

In the last 12 months, B2Gold had revenue of $3.69 billion and earned $544.26 million in profits. Earnings per share was $0.38.

Revenue3.69B
Gross Profit 2.42B
Operating Income 1.50B
Pretax Income 1.35B
Net Income 544.26M
EBITDA 1.99B
EBIT 1.50B
Earnings Per Share (EPS) $0.38
Full Income Statement

Balance Sheet

The company has $482.06 million in cash and $519.89 million in debt, with a net cash position of -$37.83 million or -$0.03 per share.

Cash & Cash Equivalents 482.06M
Total Debt 519.89M
Net Cash -37.83M
Net Cash Per Share -$0.03
Equity (Book Value) 3.71B
Book Value Per Share 2.75
Working Capital 210.52M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $1.26 billion and capital expenditures -$820.49 million, giving a free cash flow of $436.04 million.

Operating Cash Flow 1.26B
Capital Expenditures -820.49M
Depreciation & Amortization 493.51M
Net Borrowing 45.52M
Free Cash Flow 436.04M
FCF Per Share $0.33
Full Cash Flow Statement

Margins

Gross margin is 65.49%, with operating and profit margins of 40.56% and 14.76%.

Gross Margin 65.49%
Operating Margin 40.56%
Pretax Margin 36.50%
Profit Margin 14.76%
EBITDA Margin 53.95%
EBIT Margin 40.56%
FCF Margin 11.82%

Dividends & Yields

This stock pays an annual dividend of $0.08, which amounts to a dividend yield of 2.07%.

Dividend Per Share $0.08
Dividend Yield 2.07%
Dividend Growth (YoY) -33.33%
Years of Dividend Growth n/a
Payout Ratio 21.29%
Buyback Yield -13.43%
Shareholder Yield -11.38%
Earnings Yield 10.14%
FCF Yield 8.12%
Dividend Details

Analyst Forecast

The average price target for B2Gold is $6.55, which is 69.03% higher than the current price. The consensus rating is "Buy".

Price Target $6.55
Price Target Difference 69.03%
Analyst Consensus Buy
Analyst Count 13
Revenue Growth Forecast (3Y) 22.85%
EPS Growth Forecast (3Y) 40.12%
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 2.96 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 2.96
Piotroski F-Score 6