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B2Gold Corp. (BTG)

Basic Materials | Gold | Vancouver, Canada | NYSE American
5.18 USD +0.19 (3.808%) ⇧ (Oct. 15, 2026, 4 p.m. EDT)

Short-term:★★★⯪☆Long-term:★★★★☆Dividends:★★⯪☆☆
Hot Take ↕ | Oct. 10, 2026, 4:05 a.m. EDT

B2Gold presents a compelling long-term opportunity where the market appears to have oversold a fundamentally resilient mining business. The company boasts exceptional profitability metrics, including a 21% profit margin and a 22% return on equity, alongside robust free cash flow generation. While the trailing twelve-month revenue growth has been modest, the forward-looking picture is significantly brighter, with analysts projecting nearly double-digit earnings growth and a forward P/E of just 5x, suggesting deep undervaluation relative to its operational quality. The short-term outlook is mixed but leans positive. The stock recently suffered a 10% slide due to an earnings miss, yet the broader trend remains constructive, having rallied 63% year-over-year. Technical indicators show the price hovering near its 50-day average, which often acts as a support level for accumulation. However, the statistical forecasting model offers very little guidance, citing low confidence and wide intervals, which suggests the immediate price path is noisy and driven by sector volatility rather than a clear trend. The options market tells a different story, acting as a contrarian signal to the weak statistical forecast. Traders are aggressively buying calls, creating a heavy wall of open interest that suggests a belief in a breakout above current levels. This speculative fervor, combined with the attractive valuation and strong cash generation, supports a 'buy' stance for investors willing to overlook the short-term earnings stumble. The dividend yield is currently low and not a primary driver of value, serving instead as a minor income supplement to the capital appreciation potential.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.266631
AutoARIMA0.272898
AutoETS0.274588
MSTL0.275556

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 32%
H-stat 2.76
Ljung-Box p 0.000
Jarque-Bera p 0.001
Excess Kurtosis 0.54
Attribute Value
Sector Basic Materials
Ex Dividend Date 2026-09-09
Last Dividend Date 2026-09-09
Debt to Equity Ratio 11.389
Revenue per Share 2.839
Market Cap 6,843,146,240
Trailing P/E 9.42
Forward P/E 5.17
Beta 1.41
Profit Margins 21.33%
Website https://www.b2gold.com

As of Oct. 10, 2026, 4:05 a.m. EDT: Speculators are heavily positioning for upside, evidenced by massive open interest in out-of-the-money calls (over 93k contracts) compared to negligible put volume. The call skew shows significant concentration at strikes above the current price, while put activity remains thin and focused near the money, indicating a bullish bias rather than hedging.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.37% 1.26% 3.22% 3.75%
Dividend History
Date Dividend Yield %
2026-09-10 0.02 0.373134
2026-06-10 0.02 0.515464
2026-03-06 0.02 0.375940
2025-06-11 0.02 0.557103
2025-03-07 0.02 0.746269
2024-12-02 0.04 1.449275
2024-09-10 0.04 1.454545
2024-06-11 0.04 1.532567
2024-03-06 0.04 1.492537
2023-12-01 0.04 1.173020
2023-09-20 0.04 1.269841
2023-06-15 0.04 1.120448
2023-03-07 0.04 1.204819
2022-12-06 0.04 1.204819
2022-09-20 0.04 1.242236
2022-06-17 0.04 1.098901
2022-03-08 0.04 0.892857
2021-12-07 0.04 1.049869
2021-09-21 0.04 1.114206
2021-06-21 0.04 0.894855
2021-03-05 0.04 0.886918
2020-12-07 0.04 0.688468
2020-09-21 0.04 0.611621
2020-06-22 0.02 0.376648
2020-03-06 0.01 0.225734
2019-11-26 0.01 0.278552
Additional Data
dividendYield 1.54
exDividendDate 2026-09-10
trailingAnnualDividendRate 0.08
trailingAnnualDividendYield 0.016032064
lastDividendValue 0.02
lastDividendDate 2026-09-10
dividendDate 2026-09-23

Info Dump

Attribute Value
52 Week Change -0.06666666
Address1 Park Place
Address2 Suite 3400 666 Burrard Street
All Time High 7.55
All Time Low 0.24
Ask 5.21
Ask Size 77,400
Audit Risk 2
Average Analyst Rating 1.8 - Buy
Average Daily Volume10 Day 18,308,700
Average Daily Volume3 Month 24,268,303
Average Volume 24,268,303
Average Volume10Days 18,308,700
Beta 1.411
Bid 5.16
Bid Size 61,200
Board Risk 7
Book Value 3.007
City Vancouver
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 8
Country Canada
Crypto Tradeable 0
Currency USD
Current Price 5.18
Current Ratio 1.581
Custom Price Alert Confidence HIGH
Date Short Interest 1,790,726,400
Day High 5.19
Day Low 4.98
Debt To Equity 11.389
Display Name B2Gold
Dividend Date 1,790,121,600
Dividend Yield 1.54
Earnings Call Timestamp End 1,793,908,800
Earnings Call Timestamp Start 1,793,908,800
Earnings Growth 1.854
Earnings Quarterly Growth 1.703
Earnings Timestamp 1,793,822,400
Earnings Timestamp End 1,793,822,400
Earnings Timestamp Start 1,793,822,400
Ebitda 2,075,753,984
Ebitda Margins 0.54842997
Enterprise To Ebitda 3.393
Enterprise To Revenue 1.861
Enterprise Value 7,043,555,328
Eps Current Year 0.5609
Eps Forward 1.00201
Eps Trailing Twelve Months 0.55
Esg Populated 0
Ex Dividend Date 1,788,998,400
Exchange ASE
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fax 604 681 6209
Fifty Day Average 5.3018
Fifty Day Average Change -0.121799946
Fifty Day Average Change Percent -0.022973321
Fifty Two Week Change Percent -6.666666
Fifty Two Week High 6.29
Fifty Two Week High Change -1.1100001
Fifty Two Week High Change Percent -0.17647061
Fifty Two Week Low 3.57
Fifty Two Week Low Change 1.6099999
Fifty Two Week Low Change Percent 0.45098037
Fifty Two Week Range 3.57 - 6.29
Financial Currency USD
First Trade Date Milliseconds 1,214,314,200,000
Five Year Avg Dividend Yield 3.39
Float Shares 1,313,524,714
Forward Eps 1.00201
Forward P E 5.169609
Free Cashflow 298,274,496
Full Exchange Name NYSE American
Fullday Change 0.0050001144
Fullday Change Percent 0.09643422
Fullday Price 5.19
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,790,812,800
Gross Margins 0.63159
Gross Profits 2,390,539,008
Has Pre Post Market Data 1
Held Percent Insiders 0.00404
Held Percent Institutions 0.69617
Implied Shares Outstanding 1,321,070,762
Industry Gold
Industry Disp Gold
Industry Key gold
Is Earnings Date Estimate 0
Language en-US
Last Dividend Date 1,788,998,400
Last Dividend Value 0.02
Last Fiscal Year End 1,767,139,200
Long Business Summary B2Gold Corp. operates as a gold producer company in Canada. The company operates the Fekola Mine in Mali; the Masbate Mine in the Philippines; the Otjikoto Mine in Namibia; the Goose Mine in Canada. 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, Canada and Finland. The company was incorporated in 2006 and is headquartered in Vancouver, Canada.
Long Name B2Gold Corp.
Market us_market
Market Cap 6,843,146,240
Market State PRE
Max Age 86,400
Message Board Id finmb_35511785
Most Recent Quarter 1,782,777,600
Net Income To Common 807,168,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 7,389,533,979
Number Of Analyst Opinions 5
Open 5.08
Operating Cashflow 922,692,992
Operating Margins 0.45736
Overall Risk 7
Payout Ratio 0.1455
Phone 604 681 8371
Pre Market Change 0.0050001144
Pre Market Change Percent 0.09643422
Pre Market Price 5.19
Pre Market Time 1,792,156,692
Previous Close 4.99
Price Eps Current Year 9.235158
Price Hint 2
Price To Book 1.7226471
Price To Sales Trailing12 Months 1.8079963
Profit Margins 0.21326
Quick Ratio 0.497
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key buy
Recommendation Mean 1.76923
Region US
Regular Market Change 0.19
Regular Market Change Percent 3.80762
Regular Market Day High 5.19
Regular Market Day Low 4.98
Regular Market Day Range 4.98 - 5.19
Regular Market Open 5.08
Regular Market Previous Close 4.99
Regular Market Price 5.18
Regular Market Time 1,792,094,400
Regular Market Volume 20,635,964
Return On Assets 0.17624001
Return On Equity 0.22635001
Revenue Growth 0.14
Revenue Per Share 2.839
Sand P52 Week Change 0.16207206
Sector Basic Materials
Sector Disp Basic Materials
Sector Key basic-materials
Share Holder Rights Risk 3
Shares Outstanding 1,321,070,762
Shares Percent Shares Out 0.0546
Shares Short 72,088,477
Shares Short Previous Month Date 1,788,134,400
Shares Short Prior Month 76,691,322
Short Name B2Gold Corp
Short Ratio 2.88
Source Interval 15
State BC
Symbol BTG
Target High Price 7.5
Target Low Price 3.75
Target Mean Price 6.4
Target Median Price 7.0
Total Cash 290,032,000
Total Cash Per Share 0.219
Total Debt 456,086,016
Total Revenue 3,784,933,888
Tradeable 0
Trailing Annual Dividend Rate 0.08
Trailing Annual Dividend Yield 0.016032064
Trailing Eps 0.55
Trailing P E 9.418181
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 4.80465
Two Hundred Day Average Change 0.37535
Two Hundred Day Average Change Percent 0.078122236
Type Disp Equity
Volume 20,635,964
Website https://www.b2gold.com
Zip V6C 2X8