B2Gold (NYSE:BTG) Lowered to Hold Rating by Cormark

Cormark cut shares of B2Gold (NYSE:BTG) from a moderate buy rating to a hold rating in a research note issued to investors on Friday morning,Zacks.com reports. Cormark also issued estimates for B2Gold’s Q4 2025 earnings at $0.26 EPS and FY2025 earnings at $0.62 EPS.

Other equities analysts have also recently issued reports about the company. Raymond James Financial increased their price target on B2Gold from $4.75 to $6.00 and gave the stock an “outperform” rating in a report on Friday, October 10th. Zacks Research lowered shares of B2Gold from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, August 13th. National Bankshares restated an “outperform” rating on shares of B2Gold in a report on Wednesday, July 16th. Scotiabank reiterated a “sector perform” rating on shares of B2Gold in a report on Thursday, October 23rd. Finally, CIBC increased their price objective on shares of B2Gold from $4.50 to $6.50 and gave the stock a “neutral” rating in a research report on Friday, October 10th. Two investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, B2Gold has a consensus rating of “Hold” and an average target price of $6.25.

B2Gold Trading Up 2.9%

Shares of NYSE BTG traded up $0.11 during midday trading on Friday, reaching $3.91. The stock had a trading volume of 55,138,461 shares, compared to its average volume of 44,330,984. The company’s 50 day moving average price is $4.76 and its 200 day moving average price is $3.94. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.08 and a current ratio of 1.83. B2Gold has a twelve month low of $2.20 and a twelve month high of $5.94. The firm has a market cap of $5.20 billion, a price-to-earnings ratio of -8.15, a price-to-earnings-growth ratio of 0.33 and a beta of 0.44.

B2Gold (NYSE:BTG) last released its earnings results on Wednesday, November 5th. The company reported $0.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.13 by $0.01. B2Gold had a negative net margin of 33.12% and a positive return on equity of 5.65%. During the same period last year, the business earned $0.02 EPS. The company’s revenue for the quarter was up 74.7% compared to the same quarter last year. As a group, sell-side analysts expect that B2Gold will post 0.4 EPS for the current year.

B2Gold Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 15th. Stockholders of record on Tuesday, December 2nd will be paid a $0.02 dividend. This represents a $0.08 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date is Tuesday, December 2nd. B2Gold’s payout ratio is presently 57.14%.

Institutional Trading of B2Gold

Hedge funds have recently added to or reduced their stakes in the stock. Easterly Investment Partners LLC grew its position in shares of B2Gold by 12.8% during the 1st quarter. Easterly Investment Partners LLC now owns 2,195,610 shares of the company’s stock valued at $6,257,000 after acquiring an additional 248,375 shares during the period. Independent Wealth Network Inc. purchased a new position in B2Gold in the first quarter valued at approximately $28,000. Cadence Wealth Management LLC lifted its stake in B2Gold by 22.8% in the first quarter. Cadence Wealth Management LLC now owns 291,889 shares of the company’s stock valued at $832,000 after purchasing an additional 54,193 shares during the last quarter. Cetera Investment Advisers grew its holdings in B2Gold by 350.6% during the first quarter. Cetera Investment Advisers now owns 124,625 shares of the company’s stock valued at $354,000 after purchasing an additional 96,969 shares during the period. Finally, Caliber Wealth Management LLC KS purchased a new stake in B2Gold in the first quarter worth $144,000. Institutional investors own 61.40% of the company’s stock.

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.