B2Gold Corp. (BTG)

NYSEAMERICAN: BTG · USD

$5.12

+0.14 (+2.8%)· Recorded snapshot

Market cap	6.8B
Revenue (ttm)	3.8B
Net income (ttm)	807.2M
EPS (ttm)	$0.57
Shares out	1.3B
P/E (trailing)	9.0x
P/E (forward)	6.8x
Dividend	$0.08 (1.57%)
Volume	27,260,978
Beta	1.41

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 3.8B
Net income (ttm): 807.2M
EPS (ttm): $0.57
P/E (trailing): 9.0x
P/E (forward): 6.8x
Market cap: 6.8B

Ticker	Name	Market cap	P/E	P/S	ROIC	5Y rev CAGR	1Y total return	Rating
ALB	Albemarle Corporation	11.4B	198.9x	1.9x	4.1%	+12.8%	+1.9%	Hold
APD	Air Products and Chemicals, Inc.	68.3B	—	5.4x	8.9%	+5.2%	+23.1%	Hold
AVY	Avery Dennison Corporation	13.7B	19.8x	1.5x	15.1%	+3.3%	+1.6%	Hold

Calendar

Next earnings

Upcoming earnings date and setup when available.

Upcoming

DateLoading

Window—

EPS estimate—

Revenue estimate—

Sector percentile context

Refreshed 2026-10-28 19:55 UTC

Forward P/E6.8

P25 n/aP50 n/aP75 n/a

Trailing P/E9

P25 n/aP50 n/aP75 n/a

ROE22.6

P25 n/aP50 n/aP75 n/a

ROIC19.3

P25 n/aP50 n/aP75 n/a

Benchmarks · 1M

All BTG indicators

Market & fundamental data

Available fields

268

Groups with data

Currency

USD

Showing 268 of 268 available metrics for this ticker.

Profile and market data

Ticker identity, listing, currency, market cap, and source dates.

Metric	Value
Amount currency	USD
CIK code	0001429937
Company name	B2Gold Corp.
Country	Canada
Country code	US
CUSIP number	11777Q209
Earnings date	2026-11-04
Earnings time	amc
Employees	2,212
Employees change	-956
Employees growth	-30.18%
Enterprise value	$7B
Exchange	NYSEAMERICAN
Financial currency	USD
Financial report date	2026-06-30
First seen	2026-05-09
Fiscal year end	December
Founded	2006
Industry	Gold
Is primary listing	No
Is SPAC	No
ISIN number	CA11777Q2099
Last earnings date	2026-08-06
Last refreshed	2026-10-28
Last stock split type	Never
Market cap	$6.8B
Market cap category	Mid-Cap
Next earnings date	2026-11-04
Options	Yes
Price	$5.12
Price currency	USD
Sector	Materials
SIC code	1040
Stock price date	2026-10-28
Symbol	BTG
Website	https://www.b2gold.com

Valuation

Multiples, yields, enterprise-value ratios, and valuation checks.

Metric	Value
Adjusted P/E ratio	10.89x
Average P/E ratio (10Y)	46.5x
Average P/E ratio (5Y)	41.79x
Earnings yield	11.08%
EV/Earnings	8.38x
EV/EBIT	4.34x
EV/EBITDA	3.26x
EV/FCF	39.99x
EV/Sales	1.79x
FCF / EV yield	2.5%
FCF yield	2.58%
Forward P/E	6.8x
Graham number	6.55832
Graham upside	29.87%
Industry forward P/E	12.72x
Industry P/E	13.38x
Lynch fair value	$3.99
Lynch upside	-21.08%
P/(FCF - SBC) ratio	44.82x
P/(OCF - SBC) ratio	7.3x
P/B ratio	1.64x
P/E ratio	9.03x
P/FCF ratio	38.8x
P/OCF ratio	7.12x
P/S ratio	1.73x
Price / tangible book value	1.65x
Price/EBITDA ratio	3.16x
Sector forward P/E	15.04x
Sector P/E	22.59x

Profitability

Margins, returns on capital, cash conversion, and quality metrics.

Metric	Value
EBIT margin	41.18%
EBITDA margin	54.84%
Effective tax rate	50.88%
FCF margin	4.47%
Gross margin	63.16%
Operating margin	41.18%
Pretax margin	44.56%
Profit margin	21.33%
Profit per employee	$364,904
Profitable quarters	6
Profitable years	1
Revenue per employee	$1.7M
ROA	17.62%
ROA (5Y)	7.71%
ROCE	30.85%
ROE	22.63%
ROE (5Y)	4.35%
ROIC	19.33%
ROIC (5Y)	7.99%
SBC / revenue	0.6%
Tax / revenue	22.67%

Growth

Revenue, earnings, cash-flow, and forward growth indicators.

Metric	Value
EPS growth (Q)	185.42%
EPS growth (QoQ)	106.23%
EPS growth 3Y	27.69%
EPS growth 5Y	0.42%
EPS growth quarters	7
EPS growth years	1
FCF growth 3Y	-13.87%
FCF growth 5Y	-14.74%
Gross profit growth	87.91%
Gross profit growth (Q)	-5.45%
Gross profit growth 3Y	27%
Gross profit growth 5Y	16.52%
Net income growth (Q)	170.25%
Net income growth (QoQ)	108.73%
Net income growth 3Y	38.97%
Net income growth 5Y	6.42%
Net income growth quarters	7
Net income growth years	1
OCF growth	71.4%
OCF growth 10Y	11.12%
OCF growth 3Y	6.57%
OCF growth 5Y	7.8%
Operating income growth (Q)	21.9%
Operating income growth 3Y	36.13%
Operating income growth 5Y	15.7%
Revenue growth	74.23%
Revenue growth (Q)	14.04%
Revenue growth (QoQ)	-31.87%
Revenue growth 10Y	20.48%
Revenue growth 3Y	25.18%
Revenue growth 5Y	17.47%
Revenue growth quarters	6
Revenue growth years	1

Financial statements

Income-statement and cash-flow amounts, totals and per share.

Metric	Value
Capital expenditures	$-753.5M
Depreciation and amortization	$517M
EBIT	$1.6B
EBITDA	$2.1B
EPS	$0.57
FCF per share	$0.13
Financing cash flow	$-428.7M
Free cash flow	$169.2M
Free cash flow minus SBC	$146.5M
Gross profit	$2.4B
Income taxes	$858.2M
Investing cash flow	$-480.2M
Net borrowing	$-27.6M
Net cash flow	$-24.6M
Net income	$807.2M
Operating cash flow minus SBC	$900M
Operating income	$1.6B
Revenue	$3.8B
Stock-based compensation	$22.7M

Financial strength

Debt, cash, solvency, accounting-quality, and balance-sheet signals.

Metric	Value
Altman Z-Score	3.78
Book value per share	$3.01
Debt / EBITDA	0.22
Debt / equity	0.11
Debt / FCF	2.69
Interest coverage	25.59
Long-term assets	$4.6B
Long-term liabilities	$1B
Net cash (debt)	$-166.1M
Net cash / market cap	-2.53%
Net debt / EBITDA	0.08
Net debt / equity	0.04
Net debt / FCF	0.98
Piotroski F-Score	7
Property, plant and equipment	$3.8B
Shareholders' equity	$4B
Tangible book value	$4B
Tangible book value per share	$3.01
Total assets	$5.7B
Total cash	$290M
Total debt	$456.1M
Total liabilities	$1.7B
WACC	11.66%

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Asset turnover	0.68
Current assets	$1.1B
Current liabilities	$696.9M
Current ratio	1.58
Inventory turnover	2.22
Net working capital	$147.7M
Quick ratio	0.5
Working capital	$405.1M
Working capital turnover	19.61

Dividends and buybacks

Dividend yield, payout, buybacks, and shareholder-yield indicators.

Metric	Value
Buyback yield / dilution	-13.32%
Dividend growth	-20%
Dividend growth (3Y)	-20.63%
Dividend growth (5Y)	-12.94%
Dividend growth years	0
Dividend payment date	2026-09-23
Dividend payment years	8
Dividend payout frequency	Quarterly
Dividend per share	$0.08
Dividend yield	1.58%
Ex-dividend date	2026-09-10
FCF payout ratio	62.46%
Last dividend	$0.02
Payout ratio	14.1%
Shareholder yield	-11.72%

Performance and technicals

Returns, volatility, beta, momentum, RSI, and moving-average context.

Metric	Value
10Y price change	86.08%
10Y return CAGR	9.05%
10Y total return	137.82%
150-day SMA	$4.72
15Y price change	35.83%
15Y return CAGR	3.75%
15Y total return	73.6%
1D price change	2.81%
1M price change	-7.3%
1M total return	-7.3%
1W price change	-2.31%
1W total return	-2.31%
1Y price change	2.42%
1Y return CAGR	4.16%
1Y total return	4.16%
20-day SMA	$5.11
200-day SMA	$4.83
3M price change	31.27%
3M total return	31.74%
3Y price change	56.31%
3Y return CAGR	20.21%
3Y total return	73.72%
50-day SMA	$5.32
50-day SMA vs 200-day SMA	50over200
52-week high	$6.29
52-week high date	2026-02-27
52-week low	$3.57
52-week low date	2026-07-17
5Y price change	14.41%
5Y return CAGR	6.81%
5Y total return	39.03%
6M price change	11.89%
6M total return	12.86%
All-time high	$7.55
All-time high date	2020-08-05
All-time low	$0.60
All-time low date	2016-01-25
Average true range (ATR)	$0.21
Average volume	19.3M
Beta (5Y)	1.41
Change from 52-week high	-18.54%
Change from 52-week low	43.42%
Change from all-time high	-32.72%
Change from all-time low	746.67%
Change from open	3.85%
Day's gap	-1%
Dollar volume	$139.6M
High price	$5.12
Low price	$4.90
Monthly RSI	56.82
Open price	$4.93
Position in 52-week range	100%
Premarket change	-0.2%
Premarket close	$4.98
Premarket price	$4.97
Premarket volume	6.5K
Previous close	$4.98
Price vs 150-day SMA	7.6%
Price vs 20-day SMA	-0.63%
Price vs 200-day SMA	5.22%
Price vs 50-day SMA	-4.42%
Relative volume	1.41
RSI	48.48
Sharpe ratio	0.3
Sharpe ratio (3Y)	0.52
Sharpe ratio (5Y)	0.31
Sortino ratio	0.55
Sortino ratio (3Y)	0.89
Sortino ratio (5Y)	0.58
Volume	27.3M
Weekly RSI	51.98
YTD price change	12.64%
YTD total return	14.05%

Ownership and float

Institutional, insider, float, short-interest, and share-count fields.

Metric	Value
Float	1.3B
Float percentage	99.41%
Shares change (QoQ)	-0.76%
Shares change (YoY)	13.32%
Shares held by insiders	0.59%
Shares held by institutions	68.62%
Shares outstanding	1.3B
Short % of float	5.49%
Short % of shares	5.46%
Short ratio	2.9 days

Deeper analysis on BTG

14 sections in the full report · jump straight to what you need

Forecast

Base and Bull forecast paths with report-date return framing.

→

Valuation

Fair-value bridge, DCF, owner earnings, and peer multiples.

→

Sensitivity

Cost-of-equity and terminal-growth stress table.

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Risks

Kill scenarios, soft-pass flags, and downside catalysts.

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Earnings

Next earnings setup and beat / inline / miss thresholds.

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Position sizing

Entry, exit, conviction, and quarterly monitoring rules.

→

Financials

Revenue, margins, cash flow, and balance-sheet context.

→

Peers

Relative valuation and profitability against the cohort.

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Moat

Economic-profit evidence and competitive advantage risk.

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Industry cycle

Sector phase, capital cycle, and secular tailwinds.

→

Frequently asked questions

About this BTG report

Is a complete BTG research report available?

No complete published report is available for B2Gold Corp. (BTG) on this page. Market-directory data, when present, is not a substitute for a validated stock analysis.

B2Gold Corp. (BTG)

Price

Financial snapshot

Fair-value bridge

Latest news · BTG

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All BTG indicators

Profile and market data

Valuation

Profitability

Growth

Financial statements

Financial strength

Liquidity

Dividends and buybacks

Performance and technicals

Ownership and float

Deeper analysis on BTG

Frequently asked questions