B2Gold Q4 EPS Estimate Decreased by National Bank Financial

B2Gold Corp. (TSE:BTO) (NYSE:BTG) – Investment analysts at National Bank Financial dropped their Q4 2024 earnings estimates for shares of B2Gold in a report released on Monday, February 10th. National Bank Financial analyst D. Demarco now expects that the company will post earnings of $0.04 per share for the quarter, down from their previous forecast of $0.10. The consensus estimate for B2Gold’s current full-year earnings is $0.56 per share.

Other equities research analysts have also recently issued reports about the company. TD Securities cut B2Gold from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, February 4th. BMO Capital Markets dropped their price objective on B2Gold from C$8.50 to C$7.00 in a report on Tuesday, January 14th. Stifel Nicolaus increased their target price on B2Gold from C$6.00 to C$6.50 in a report on Monday, October 21st. Finally, Bank of America downgraded B2Gold from a “buy” rating to an “underperform” rating in a research note on Tuesday, January 14th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of C$5.79.

B2Gold Stock Performance

Shares of TSE:BTO opened at C$3.66 on Thursday. B2Gold has a 12-month low of C$3.16 and a 12-month high of C$4.84. The company’s 50 day moving average price is C$3.61 and its two-hundred day moving average price is C$3.93. The firm has a market cap of C$4.79 billion, a PE ratio of -21.53, a PEG ratio of -0.27 and a beta of 1.23. The company has a quick ratio of 3.33, a current ratio of 2.93 and a debt-to-equity ratio of 1.05.

Insider Transactions at B2Gold

In related news, Senior Officer Randall Chatwin acquired 10,153 shares of the stock in a transaction that occurred on Thursday, December 19th. The stock was acquired at an average cost of C$3.51 per share, for a total transaction of C$35,637.03. Company insiders own 0.66% of the company’s stock.

B2Gold Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, December 12th. Shareholders of record on Thursday, December 12th were paid a dividend of $0.054 per share. This represents a $0.22 annualized dividend and a yield of 5.90%. The ex-dividend date of this dividend was Monday, December 2nd. B2Gold’s payout ratio is -129.41%.

About B2Gold

B2Gold Corp. operates as a gold producer company. It operates the Fekola Mine in Mali, the Masbate Mine in the Philippines, and the Otjikoto Mine in Namibia. The company also has an 100% interest in the Gramalote gold project in Colombia; 24% interest in the Calibre Mining Corp.; and approximately 19% interest in BeMetals Corp.