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B2Gold Corp (BTG)

Upturn stock ratingUpturn stock rating
$4.32
Last Close (24-hour delay)
Profit since last BUY14.89%
upturn advisory
Consider higher Upturn Star rating
BUY since 25 days
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
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Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
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Upturn Advisory Summary

09/16/2025: BTG (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

12 Analysts rated it

Moderately tracked stock, growing coverage, gaining market and investor attention.

1 Year Target Price $4.53

1 Year Target Price $4.53

Analysts Price Target For last 52 week
$4.53 Target price
52w Low $2.16
Current$4.32
52w High $4.6

Analysis of Past Performance

Type Stock
Historic Profit -26.49%
Avg. Invested days 29
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 2.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 09/16/2025

Key Highlights

Company Size Mid-Cap Stock
Market Capitalization 5.95B USD
Price to earnings Ratio -
1Y Target Price 4.53
Price to earnings Ratio -
1Y Target Price 4.53
Volume (30-day avg) 12
Beta 0.55
52 Weeks Range 2.16 - 4.60
Updated Date 09/16/2025
52 Weeks Range 2.16 - 4.60
Updated Date 09/16/2025
Dividends yield (FY) 2.67%
Basic EPS (TTM) -0.34

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -19.96%
Operating Margin (TTM) 42.79%

Management Effectiveness

Return on Assets (TTM) 8.03%
Return on Equity (TTM) -11.65%

Valuation

Trailing PE -
Forward PE 7.45
Enterprise Value 6079992576
Price to Sales(TTM) 2.74
Enterprise Value 6079992576
Price to Sales(TTM) 2.74
Enterprise Value to Revenue 2.8
Enterprise Value to EBITDA 16.97
Shares Outstanding 1322989952
Shares Floating 1312111238
Shares Outstanding 1322989952
Shares Floating 1312111238
Percent Insiders 0.46
Percent Institutions 68.59

ai summary icon Upturn AI SWOT

B2Gold Corp

stock logo

Company Overview

overview logo History and Background

B2Gold Corp. was founded in 2007. It quickly grew through acquisitions and organic development, focusing on responsible mining practices and shareholder value creation.

business area logo Core Business Areas

  • Gold Production: The company focuses on exploration, development, and operation of gold mines. Their primary business is producing and selling gold.

leadership logo Leadership and Structure

Clive T. Johnson is the Chairman, and Clive T. Johnson is the CEO. The company has a board of directors and an executive management team responsible for overseeing operations and strategy.

Top Products and Market Share

overview logo Key Offerings

  • Gold: B2Gold primarily produces and sells gold from its mining operations. Revenue is highly dependent on prevailing gold prices. Competitors: Newmont (NEM), Barrick Gold (GOLD).

Market Dynamics

industry overview logo Industry Overview

The gold mining industry is driven by macroeconomic factors, investor sentiment, and geopolitical events that influence gold prices. It is capital-intensive with long lead times for project development.

Positioning

B2Gold is a mid-tier gold producer, focused on efficient operations and growth through acquisitions and exploration. Competitive advantages include strong operational performance at key mines.

Total Addressable Market (TAM)

The global gold market is estimated to be worth hundreds of billions of dollars annually. B2Gold is positioned to capture a portion of this market through its production and exploration activities.

Upturn SWOT Analysis

Strengths

  • Strong operational performance at key mines
  • Experienced management team
  • Disciplined capital allocation
  • Growth through strategic acquisitions

Weaknesses

  • Concentration of production in a few key assets
  • Exposure to geopolitical risks in certain operating regions
  • Vulnerability to fluctuations in gold prices
  • Dependence on resource estimates that can change

Opportunities

  • Further acquisitions of undervalued assets
  • Exploration success leading to increased reserves
  • Optimization of existing operations to reduce costs
  • Expansion into new mining-friendly jurisdictions

Threats

  • Declining gold prices
  • Increased operating costs
  • Geopolitical instability
  • Environmental regulations
  • Increased competition from larger gold producers

Competitors and Market Share

competitor logo Key Competitors

  • Newmont (NEM)
  • Barrick Gold (GOLD)
  • Agnico Eagle Mines (AEM)

Competitive Landscape

B2Gold competes with larger and smaller gold producers. Its advantages include efficient operations and a strong management team. Disadvantages include smaller scale and concentration of production.

Major Acquisitions

Papillon Resources

  • Year: 2014
  • Acquisition Price (USD millions): 570
  • Strategic Rationale: Expanded B2Gold's presence in Mali and provided access to the Fekola project.

Growth Trajectory and Initiatives

Historical Growth: B2Gold has grown through a combination of organic development and acquisitions. Historical growth has been driven by increases in production and reserves.

Future Projections: Future growth will likely depend on the success of exploration programs and the acquisition of new assets. Analyst estimates vary depending on gold price forecasts.

Recent Initiatives: Recent initiatives include exploration activities at existing mines and the pursuit of potential acquisition targets.

Summary

B2Gold is a mid-tier gold producer with a history of growth through acquisitions and efficient operations. Its performance is heavily influenced by gold prices and geopolitical factors. The company should focus on diversifying its production base and managing operating costs to enhance shareholder value. Future success depends on continued exploration success and strategic acquisitions.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company Filings
  • Analyst Reports
  • Industry Publications

Disclaimers:

This analysis is for informational purposes only and should not be considered financial advice. Investment decisions should be based on independent research and consultation with a financial advisor.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About B2Gold Corp

Exchange NYSE MKT
Headquaters Vancouver, BC, Canada
IPO Launch date 2008-06-24
President, CEO & Director Mr. Clive Thomas Johnson
Sector Basic Materials
Industry Gold
Full time employees -
Full time employees -

B2Gold Corp. operates as a gold producer company in Canada. The company operates the Fekola Mine in Mali, the Masbate Mine in the Philippines, and the Otjikoto Mine in Namibia. It also owns 100% interest in the Gramalote gold project in Colombia. In addition, the company has a portfolio of other evaluation and exploration assets in Mali and Finland. The company was incorporated in 2006 and is headquartered in Vancouver, Canada.