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BTG logo BTG
Upturn stock rating
BTG logo

B2Gold Corp (BTG)

Upturn stock rating
$5.23
Last Close (24-hour delay)
Profit since last BUY39.1%
upturn advisory
Consider higher Upturn Star rating
BUY since 52 days
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Upturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

10/23/2025: BTG (2-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

rating

Below Average Performance

These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.

Number of Analysts

rating

12 Analysts rated it

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

1 Year Target Price $5.79

1 Year Target Price $5.79

Analysts Price Target For last 52 week
$5.79 Target price
52w Low $2.16
Current$5.23
52w High $5.94

Analysis of Past Performance

Type Stock
Historic Profit -11.01%
Avg. Invested days 32
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance 2.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulation Last Close 10/23/2025

Key Highlights

Company Size Mid-Cap Stock
Market Capitalization 6.92B USD
Price to earnings Ratio -
1Y Target Price 5.79
Price to earnings Ratio -
1Y Target Price 5.79
Volume (30-day avg) 12
Beta 0.65
52 Weeks Range 2.16 - 5.94
Updated Date 10/24/2025
52 Weeks Range 2.16 - 5.94
Updated Date 10/24/2025
Dividends yield (FY) 2.30%
Basic EPS (TTM) -0.35

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 8.44
Enterprise Value 6785102984
Price to Sales(TTM) 3.19
Enterprise Value 6785102984
Price to Sales(TTM) 3.19
Enterprise Value to Revenue 3.12
Enterprise Value to EBITDA 18.93
Shares Outstanding 1322986184
Shares Floating 1312455214
Shares Outstanding 1322986184
Shares Floating 1312455214
Percent Insiders 0.46
Percent Institutions 67.1

ai summary icon Upturn AI SWOT

B2Gold Corp

stock logo

Company Overview

overview logo History and Background

B2Gold Corp. was founded in 2007. It evolved from a junior exploration company to a mid-tier gold producer through strategic acquisitions and organic growth.

business area logo Core Business Areas

  • Gold Production: B2Gold Corp. focuses on gold mining, exploration, and development across multiple international sites.

leadership logo Leadership and Structure

The company is led by a board of directors and a management team with extensive experience in the mining industry. Organizational structure involves functional departments for operations, finance, exploration, and sustainability.

Top Products and Market Share

overview logo Key Offerings

  • Gold Production: B2Gold Corp's primary product is gold bullion. Market share fluctuates with production volume but remains significant within the mid-tier gold mining sector. Competitors include Kinross Gold, Gold Fields, and AngloGold Ashanti.

Market Dynamics

industry overview logo Industry Overview

The gold mining industry is influenced by gold prices, geopolitical risks, environmental regulations, and technological advancements. It is a global market with numerous players ranging from junior explorers to major producers.

Positioning

B2Gold Corp. is a mid-tier gold producer known for efficient operations and responsible mining practices. Competitive advantages include low production costs at certain mines and successful exploration programs.

Total Addressable Market (TAM)

The TAM for gold mining is in the trillions of USD, considering the global demand for gold in jewelry, investment, and industrial applications. B2Gold Corp is positioned to capture a share of this market through its mining operations.

Upturn SWOT Analysis

Strengths

  • Low-cost production at key mines
  • Strong exploration capabilities
  • Geographically diversified asset base
  • Experienced management team

Weaknesses

  • Exposure to geopolitical risks
  • Dependence on gold prices
  • Operational challenges at certain mines
  • Environmental liabilities

Opportunities

  • Acquisition of new gold mining assets
  • Expansion of existing mine operations
  • Discovery of new gold deposits
  • Technological advancements in mining

Threats

  • Decline in gold prices
  • Increased regulatory scrutiny
  • Geopolitical instability in mining regions
  • Rising operating costs

Competitors and Market Share

competitor logo Key Competitors

  • AUY
  • IAG
  • NEM

Competitive Landscape

B2Gold competes with other mid-tier and major gold producers. Its competitive advantage lies in low-cost production at key mines. Disadvantages include smaller market capitalization compared to larger competitors.

Major Acquisitions

Oklo Resources

  • Year: 2022
  • Acquisition Price (USD millions): 67
  • Strategic Rationale: Expanded presence in Mali, adding significant exploration potential.

Growth Trajectory and Initiatives

Historical Growth: B2Gold has grown through acquisitions and organic production increases.

Future Projections: Analyst estimates project continued growth in production and revenue, dependent on gold prices and operational efficiency.

Recent Initiatives: Recent initiatives include exploration programs, mine expansions, and sustainability efforts.

Summary

B2Gold is a mid-tier gold producer with a diversified asset base and low-cost production at key mines. Its growth depends on gold prices and successful exploration efforts. Geopolitical risks and regulatory scrutiny pose potential challenges, but acquisitions also present opportunities.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company Filings
  • Analyst Reports
  • Industry Publications

Disclaimers:

The information provided is for informational purposes only and does not constitute financial advice. Market share data is based on estimated production and revenue figures and may not be precise. Investment decisions should be based on thorough research and consultation with a financial advisor.

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

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

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

Upturn 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.