B2gold Corp Stock Analysis

BTO Stock  CAD 7.25  0.07  0.97%   
Below is the normalized historical share price chart for B2Gold Corp extending back to December 06, 2007. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of B2Gold Corp stands at 7.25, as last reported on the 24th of January, with the highest price reaching 7.29 and the lowest price hitting 7.09 during the day.
200 Day MA
5.5883
50 Day MA
6.2348
Beta
0.96
 
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B2Gold Corp holds a debt-to-equity ratio of 0.206. At this time, B2Gold Corp's Net Debt is very stable compared to the past year. As of the 24th of January 2026, Short Term Debt is likely to grow to about 33.2 M, while Short and Long Term Debt Total is likely to drop about 258.3 M. With a high degree of financial leverage come high-interest payments, which usually reduce B2Gold Corp's Earnings Per Share (EPS).

Asset vs Debt

Equity vs Debt

B2Gold Corp's liquidity is one of the most fundamental aspects of both its future profitability and its ability to meet different types of ongoing financial obligations. B2Gold Corp's cash, liquid assets, total liabilities, and shareholder equity can be utilized to evaluate how much leverage the Company is using to sustain its current operations. For traders, higher-leverage indicators usually imply a higher risk to shareholders. In addition, it helps B2Gold Stock's retail investors understand whether an upcoming fall or rise in the market will negatively affect B2Gold Corp's stakeholders.
For most companies, including B2Gold Corp, marketable securities, inventories, and receivables are the most common assets that could be converted to cash. However, for B2Gold Corp, the most critical issue when managing liquidity is ensuring that current assets are properly aligned with current liabilities. If they are not, B2Gold Corp's management will need to obtain alternative financing to ensure there are always enough cash equivalents on the balance sheet to meet obligations.
B2Gold Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0395

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Estimated Market Risk

 2.91
  actual daily
26
74% of assets are more volatile

Expected Return

 0.12
  actual daily
2
98% of assets have higher returns

Risk-Adjusted Return

 0.04
  actual daily
3
97% of assets perform better
Based on monthly moving average B2Gold Corp is performing at about 3% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of B2Gold Corp by adding it to a well-diversified portfolio.
Price Book
2.1133
Enterprise Value Ebitda
9.7113
Price Sales
3.8639
Shares Float
1.3 B
Dividend Share
0.1
At this time, B2Gold Corp's Liabilities And Stockholders Equity is very stable compared to the past year. As of the 24th of January 2026, Common Stock is likely to grow to about 4.2 B, while Total Stockholder Equity is likely to drop about 1.7 B. . At this time, B2Gold Corp's Price Fair Value is very stable compared to the past year.
B2Gold Corp is overvalued with Real Value of 5.69 and Hype Value of 7.25. The main objective of B2Gold Corp stock analysis is to determine its intrinsic value, which is an estimate of what B2Gold Corp is worth, separate from its market price. There are two main types of B2Gold Corp's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect B2Gold Corp's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of B2Gold Corp's stock to identify patterns and trends that may indicate its future price movements.
The B2Gold Corp stock is traded in Canada on Toronto Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Canada. B2Gold Corp is usually not traded on Civic Holiday, Labour Day, Thanksgiving Day, Christmas Day, Boxing Day, New Year 's Day, Family Day, Good Friday, Victoria Day, Canada Day. B2Gold Stock trading window is adjusted to America/Toronto timezone.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in B2Gold Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
To learn how to invest in B2Gold Stock, please use our How to Invest in B2Gold Corp guide.

B2Gold Stock Analysis Notes

About 66.0% of the company shares are held by institutions such as insurance companies. The book value of B2Gold Corp was currently reported as 3.45. The company last dividend was issued on the 2nd of December 2025. B2Gold Corp had 1:4 split on the 30th of December 2008. B2Gold Corp. operates as a gold producer with three operating mines in Mali, the Philippines, and Namibia. The company was incorporated in 2006 and is headquartered in Vancouver, Canada. B2GOLD CORP operates under Gold classification in Canada and is traded on Toronto Stock Exchange. It employs 2212 people. For more info on B2Gold Corp please contact Clive Johnson at 604 681 8371 or go to https://www.b2gold.com.

B2Gold Corp Quarterly Total Revenue

774.27 Million

B2Gold Corp Investment Alerts

The company reported the revenue of 1.9 B. Net Loss for the year was (599.65 M) with profit before overhead, payroll, taxes, and interest of 1.54 B.
About 66.0% of the company shares are held by institutions such as insurance companies

B2Gold Largest EPS Surprises

Earnings surprises can significantly impact B2Gold Corp's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2024-08-08
2024-06-300.070.06-0.0114 
2024-05-07
2024-03-310.050.060.0120 
2024-02-21
2023-12-310.080.07-0.0112 
View All Earnings Estimates

B2Gold Market Capitalization

The company currently falls under 'Mid-Cap' category with a current market capitalization of 9.69 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate B2Gold Corp's market, we take the total number of its shares issued and multiply it by B2Gold Corp's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

B2Gold Profitablity

B2Gold Corp's profitability indicators refer to fundamental financial ratios that showcase B2Gold Corp's ability to generate income relative to its revenue or operating costs. If, let's say, B2Gold Corp is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, B2Gold Corp's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of B2Gold Corp's profitability requires more research than a typical breakdown of B2Gold Corp's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of 0.09 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.32 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.32.
Last ReportedProjected for Next Year
Return On Tangible Assets(0.12)(0.11)
Return On Capital Employed(0.05)(0.05)
Return On Assets(0.12)(0.11)
Return On Equity(0.19)(0.18)

Management Efficiency

B2Gold Corp has return on total asset (ROA) of 0.1984 % which means that it generated a profit of $0.1984 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0723 %, meaning that it generated $0.0723 on every $100 dollars invested by stockholders. B2Gold Corp's management efficiency ratios could be used to measure how well B2Gold Corp manages its routine affairs as well as how well it operates its assets and liabilities. As of the 24th of January 2026, Return On Tangible Assets is likely to grow to -0.11. In addition to that, Return On Capital Employed is likely to grow to -0.05. At this time, B2Gold Corp's Total Assets are very stable compared to the past year. As of the 24th of January 2026, Non Current Assets Total is likely to grow to about 4.7 B, while Net Tangible Assets are likely to drop about 2.1 B.
Last ReportedProjected for Next Year
Book Value Per Share 2.09  1.49 
Tangible Book Value Per Share 2.09  1.47 
Enterprise Value Over EBITDA 3.21  3.37 
Price Book Value Ratio 1.23  1.75 
Enterprise Value Multiple 3.21  3.37 
Price Fair Value 1.23  1.75 
Enterprise ValueB1.8 B
Leadership effectiveness at B2Gold Corp is a strong indicator of its financial stability. We analyze various metrics to provide insights into the stock's investment viability.
Dividend Yield
0.0139
Operating Margin
0.3176
Profit Margin
0.0875
Forward Dividend Yield
0.0153
Beta
0.96

Technical Drivers

As of the 24th of January, B2Gold Corp shows the coefficient of variation of 6342.97, and Mean Deviation of 2.09. B2Gold Corp technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the entity's future prices.

B2Gold Corp Price Movement Analysis

Execute Study
The output start index for this execution was thirty-five with a total number of output elements of twenty-six. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. B2Gold Corp middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for B2Gold Corp. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

B2Gold Corp Outstanding Bonds

B2Gold Corp issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. B2Gold Corp uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most B2Gold bonds can be classified according to their maturity, which is the date when B2Gold Corp has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

B2Gold Corp Predictive Daily Indicators

B2Gold Corp intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of B2Gold Corp stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

B2Gold Corp Forecast Models

B2Gold Corp's time-series forecasting models are one of many B2Gold Corp's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary B2Gold Corp's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

B2Gold Corp Debt to Cash Allocation

B2Gold Corp has accumulated 437.62 M in total debt with debt to equity ratio (D/E) of 0.21, which may suggest the company is not taking enough advantage from borrowing. B2Gold Corp has a current ratio of 3.44, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist B2Gold Corp until it has trouble settling it off, either with new capital or with free cash flow. So, B2Gold Corp's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like B2Gold Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for B2Gold to invest in growth at high rates of return. When we think about B2Gold Corp's use of debt, we should always consider it together with cash and equity.

B2Gold Corp Total Assets Over Time

B2Gold Corp Assets Financed by Debt

The debt-to-assets ratio shows the degree to which B2Gold Corp uses debt to finance its assets. It includes both long-term and short-term borrowings maturing within one year. It also includes both tangible and intangible assets, such as goodwill.

B2Gold Corp Debt Ratio

    
  7.5   
It appears that most of the B2Gold Corp's assets are financed through equity. Typically, companies with high debt-to-asset ratios are said to be highly leveraged. The higher the ratio, the greater risk will be associated with the B2Gold Corp's operation. In addition, a high debt-to-assets ratio may indicate a low borrowing capacity of B2Gold Corp, which in turn will lower the firm's financial flexibility.

B2Gold Corp Corporate Bonds Issued

B2Gold Short Long Term Debt Total

Short Long Term Debt Total

258.25 Million

At this time, B2Gold Corp's Short and Long Term Debt Total is very stable compared to the past year.

About B2Gold Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how B2Gold Corp prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling B2Gold shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as B2Gold Corp. By using and applying B2Gold Stock analysis, traders can create a robust methodology for identifying B2Gold entry and exit points for their positions.
Last ReportedProjected for Next Year
Pretax Profit Margin(0.15)(0.14)
Operating Profit Margin(0.12)(0.11)
Net Loss(0.30)(0.28)
Gross Profit Margin 0.51  0.42 

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As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding B2Gold Corp to your portfolios without increasing risk or reducing expected return.

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When determining whether B2Gold Corp is a strong investment it is important to analyze B2Gold Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact B2Gold Corp's future performance. For an informed investment choice regarding B2Gold Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in B2Gold Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
To learn how to invest in B2Gold Stock, please use our How to Invest in B2Gold Corp guide.
You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Please note, there is a significant difference between B2Gold Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if B2Gold Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, B2Gold Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.