B2Gold Corp. (TSX:BTO)
Canada flag Canada · Delayed Price · Currency is CAD
6.29
-0.06 (-0.94%)
At close: Dec 5, 2025

B2Gold Statistics

Total Valuation

B2Gold has a market cap or net worth of CAD 8.40 billion. The enterprise value is 8.83 billion.

Market Cap 8.40B
Enterprise Value 8.83B

Important Dates

The next estimated earnings date is Thursday, February 19, 2026.

Earnings Date Feb 19, 2026
Ex-Dividend Date Dec 2, 2025

Share Statistics

B2Gold has 1.34 billion shares outstanding. The number of shares has increased by 9.92% in one year.

Current Share Class 1.34B
Shares Outstanding 1.34B
Shares Change (YoY) +9.92%
Shares Change (QoQ) +0.36%
Owned by Insiders (%) 0.76%
Owned by Institutions (%) 65.59%
Float 1.33B

Valuation Ratios

The trailing PE ratio is 29.17 and the forward PE ratio is 6.11. B2Gold's PEG ratio is 0.08.

PE Ratio 29.17
Forward PE 6.11
PS Ratio 2.41
PB Ratio 1.79
P/TBV Ratio 1.81
P/FCF Ratio n/a
P/OCF Ratio 8.31
PEG Ratio 0.08
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 5.15, with an EV/FCF ratio of -35.85.

EV / Earnings 28.90
EV / Sales 2.53
EV / EBITDA 5.15
EV / EBIT 3.83
EV / FCF -35.85

Financial Position

The company has a current ratio of 1.03, with a Debt / Equity ratio of 0.19.

Current Ratio 1.03
Quick Ratio 0.42
Debt / Equity 0.19
Debt / EBITDA 0.52
Debt / FCF -3.61
Interest Coverage 63.38

Financial Efficiency

Return on equity (ROE) is 7.23% and return on invested capital (ROIC) is 27.86%.

Return on Equity (ROE) 7.23%
Return on Assets (ROA) 19.77%
Return on Invested Capital (ROIC) 27.86%
Return on Capital Employed (ROCE) 35.60%
Revenue Per Employee 1.58M
Profits Per Employee 138,183
Employee Count 2,212
Asset Turnover 0.48
Inventory Turnover 1.97

Taxes

In the past 12 months, B2Gold has paid 679.93 million in taxes.

Income Tax 679.93M
Effective Tax Rate 67.31%

Stock Price Statistics

The stock price has increased by +60.05% in the last 52 weeks. The beta is 0.96, so B2Gold's price volatility has been similar to the market average.

Beta (5Y) 0.96
52-Week Price Change +60.05%
50-Day Moving Average 6.55
200-Day Moving Average 5.24
Relative Strength Index (RSI) 53.18
Average Volume (20 Days) 5,615,040

Short Selling Information

The latest short interest is 6.92 million, so 0.53% of the outstanding shares have been sold short.

Short Interest 6.92M
Short Previous Month 8.09M
Short % of Shares Out 0.53%
Short % of Float 0.53%
Short Ratio (days to cover) n/a

Income Statement

In the last 12 months, B2Gold had revenue of CAD 3.49 billion and earned 305.66 million in profits. Earnings per share was 0.22.

Revenue 3.49B
Gross Profit 2.15B
Operating Income 2.31B
Pretax Income 1.01B
Net Income 305.66M
EBITDA 1.71B
EBIT 2.31B
Earnings Per Share (EPS) 0.22
Full Income Statement

Balance Sheet

The company has 523.24 million in cash and 888.12 million in debt, giving a net cash position of -364.88 million or -0.27 per share.

Cash & Cash Equivalents 523.24M
Total Debt 888.12M
Net Cash -364.88M
Net Cash Per Share -0.27
Equity (Book Value) 4.70B
Book Value Per Share 3.48
Working Capital 48.61M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 1.01 billion and capital expenditures -1.26 billion, giving a free cash flow of -246.35 million.

Operating Cash Flow 1.01B
Capital Expenditures -1.26B
Free Cash Flow -246.35M
FCF Per Share -0.18
Full Cash Flow Statement

Margins

Gross margin is 61.60%, with operating and profit margins of 66.12% and 8.75%.

Gross Margin 61.60%
Operating Margin 66.12%
Pretax Margin 28.93%
Profit Margin 8.75%
EBITDA Margin 48.99%
EBIT Margin 66.12%
FCF Margin n/a

Dividends & Yields

This stock pays an annual dividend of 0.11, which amounts to a dividend yield of 1.76%.

Dividend Per Share 0.11
Dividend Yield 1.76%
Dividend Growth (YoY) -49.25%
Years of Dividend Growth 6
Payout Ratio 56.55%
Buyback Yield -9.92%
Shareholder Yield -8.17%
Earnings Yield 3.64%
FCF Yield -2.93%
Dividend Details

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 2.41 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 2.41
Piotroski F-Score 6