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Upturn stock ratingUpturn stock rating
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B2Gold Corp (BTG)

Upturn stock ratingUpturn stock rating
$3.61
Last Close (24-hour delay)
Profit since last BUY4.94%
upturn advisory
Consider higher Upturn Star rating
BUY since 23 days
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
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Time period over
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Upturn Advisory Summary

06/30/2025: 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

Well-followed company, solid analyst reports, reliable data for confident investing.

1 Year Target Price $3.95

1 Year Target Price $3.95

Analysts Price Target For last 52 week
$3.95Target price
Low$2.17
Current$3.61
high$3.83

Analysis of Past Performance

Type Stock
Historic Profit -30.38%
Avg. Invested days 28
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 06/30/2025

Key Highlights

Company Size Mid-Cap Stock
Market Capitalization 4.68B USD
Price to earnings Ratio -
1Y Target Price 3.95
Price to earnings Ratio -
1Y Target Price 3.95
Volume (30-day avg) 12
Beta 0.51
52 Weeks Range 2.17 - 3.83
Updated Date 06/30/2025
52 Weeks Range 2.17 - 3.83
Updated Date 06/30/2025
Dividends yield (FY) 2.27%
Basic EPS (TTM) -0.47

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -31.03%
Operating Margin (TTM) 29.61%

Management Effectiveness

Return on Assets (TTM) 6.83%
Return on Equity (TTM) -17.24%

Valuation

Trailing PE -
Forward PE 6.81
Enterprise Value 4766755842
Price to Sales(TTM) 2.37
Enterprise Value 4766755842
Price to Sales(TTM) 2.37
Enterprise Value to Revenue 2.42
Enterprise Value to EBITDA 6.97
Shares Outstanding 1321369984
Shares Floating 1310286522
Shares Outstanding 1321369984
Shares Floating 1310286522
Percent Insiders 0.47
Percent Institutions 66.14

Analyst Ratings

Rating 4
Target Price 3.95
Buy 5
Strong Buy 2
Buy 5
Strong Buy 2
Hold 4
Sell 1
Strong Sell -
Strong Sell -

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 exploration to become a significant mid-tier gold producer. Key milestones include the acquisition of Central Sun Mining in 2009, Volta Resources in 2013, and Papillon Resources in 2014, each expanding its asset base and production capacity. Continued growth through organic project development and strategic acquisitions.

business area logo Core Business Areas

  • Gold Production: B2Gold focuses on gold production from its operating mines. This involves extracting ore, processing it, and producing gold bars or concentrates.
  • Exploration and Development: The company invests in exploration and development projects to discover new gold deposits and expand existing resources. This includes drilling, geological studies, and feasibility assessments.
  • Project Development: B2Gold develops its exploration assets into producing mines. This includes engineering, construction, and commissioning of new facilities.

leadership logo Leadership and Structure

Clive T. Johnson is the Chairman and Randy Reichert is the President & CEO. The organizational structure is typical of a mining company, with departments for exploration, operations, finance, and corporate affairs. They have regional offices located in Canada and in the operational countries.

Top Products and Market Share

overview logo Key Offerings

  • Gold Production: B2Gold's primary product is gold bullion. Revenue is highly correlated with gold prices and production volume. Competitors include Newmont, Barrick Gold, Agnico Eagle, and Kinross Gold. No official market share data readily available due to overall gold market fluidity. Price of gold is dependent on macro-economic factors.

Market Dynamics

industry overview logo Industry Overview

The gold mining industry is characterized by fluctuating gold prices, geopolitical risks, environmental regulations, and intense competition. Demand is driven by investment, jewelry, and industrial uses.

Positioning

B2Gold is a mid-tier gold producer, known for its operational efficiency and project development capabilities. Its competitive advantage lies in its low-cost production and strong focus on responsible mining practices.

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 share of this market through its production capacity and growth projects.

Upturn SWOT Analysis

Strengths

  • Low-cost production
  • Experienced management team
  • Strong cash flow generation
  • Successful track record of project development
  • Geographically diversified asset base

Weaknesses

  • Sensitivity to gold price fluctuations
  • Political risk in some operating jurisdictions
  • Dependence on a limited number of key assets
  • Potential for cost overruns on new projects

Opportunities

  • Further acquisitions of undervalued gold assets
  • Expansion of existing mines through exploration
  • Development of new projects to increase production
  • Leveraging technology to improve operational efficiency
  • Benefiting from rising gold prices

Threats

  • Declining gold prices
  • Increased regulatory scrutiny
  • Geopolitical instability in operating regions
  • Rising input costs (e.g., energy, labor)
  • Environmental risks and liabilities

Competitors and Market Share

competitor logo Key Competitors

  • NEM
  • GOLD
  • AU
  • KGC

Competitive Landscape

B2Gold competes on cost, production volume, and project development expertise. They are smaller than the largest players like Newmont and Barrick Gold, but are agile in their operations.

Major Acquisitions

Anaconda Mining Inc.

  • Year: 2022
  • Acquisition Price (USD millions): 91
  • Strategic Rationale: Acquired to increase resources at the company's Back River Gold Project

Growth Trajectory and Initiatives

Historical Growth: B2Gold has grown through acquisitions and organic project development, increasing production and revenue.

Future Projections: Future growth depends on gold prices, project development, and exploration success. Analyst estimates need to be researched to provide a better outlook.

Recent Initiatives: Recent initiatives include exploration programs, mine expansions, and strategic acquisitions.

Summary

B2Gold is a mid-tier gold producer with a track record of growth through acquisitions and project development. Its low-cost production and strong cash flow are strengths, but it faces challenges from fluctuating gold prices and political risks. Continued investment in exploration and development will be essential for future growth.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company Filings
  • Market Research Reports
  • Analyst Estimates
  • Company Website

Disclaimers:

This analysis is based on publicly available information and analyst estimates. Investment decisions should be based on independent research and consultation with a financial advisor. Market share numbers are based on limited market research and may be estimates

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.