B2Gold(BTG)
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B2Gold Stock Hits 52-Week High: What's Driving Its Performance?
ZACKS· 2025-06-16 17:55
Core Insights - B2Gold Corp. (BTG) reached a new 52-week high of $3.83, closing at $3.77, driven by rising gold prices and strong Q1 financial results [1][10] - The company has a market capitalization of $5 billion and holds a Zacks Rank 3 (Hold) [1] Financial Performance - B2Gold reported adjusted earnings per share (EPS) of 9 cents for Q1 2025, exceeding the Zacks Consensus Estimate of 8 cents, marking a 50% year-over-year improvement [2] - Revenues for Q1 2025 were $532 million, up from $461 million in the same quarter last year [2] Production Outlook - Consolidated gold production for the March-end quarter was 192,752 ounces, a decrease of 10.1% year-over-year, but above the company's expectations [3] - B2Gold anticipates recovering lost production at Fekola in 2025 and expects a significant increase in gold production due to higher-grade ore from Fekola underground in the latter half of 2025 [3] Production Targets - The company is on track to meet total gold production expectations of 970,000-1,075,000 ounces for 2025, compared to 804,778 ounces in 2024 [4] - The Goose Project is expected to pour first gold in Q2 2025 and reach commercial production in Q3 2025, contributing 120,000-150,000 ounces of gold in 2025 [4] Strategic Initiatives - B2Gold's ongoing strategy focuses on maximizing profitable mine production, advancing development and exploration projects, and evaluating additional opportunities [5] - The company completed the 2024 Winter Ice Road campaign, facilitating the construction of the Goose Project [5] Regulatory Developments - In 2024, B2Gold reached an agreement with the Mali government regarding ownership and earnings distribution of the Fekola gold mining complex, with expedited permit issuance for Fekola Regional and underground exploitation [6] Market Conditions - Gold prices are rising due to geopolitical tensions, a depreciating U.S. dollar, potential monetary policy easing, central bank purchases, and tariff conditions [7] - Gold prices surpassed $3,500 per ounce for the first time in April 2025, nearing a record high of around $3,420 [8] Stock Performance - B2Gold's shares have decreased by 54.8% over the past year, contrasting with the industry's growth of 64.5% [9]
B2Gold (BTG) Up 23.5% Since Last Earnings Report: Can It Continue?
ZACKS· 2025-06-06 16:37
Company Overview - B2Gold (BTG) shares have increased by approximately 23.5% over the past month, outperforming the S&P 500 [1] - The most recent earnings report is crucial for understanding the catalysts affecting the stock [1] Earnings Estimates - Fresh estimates for B2Gold have trended upward, with the consensus estimate shifting by 45.83% [2] VGM Scores - B2Gold has a Growth Score of A, a Momentum Score of B, and a Value Score of A, placing it in the top 20% for the value investment strategy [3] - The aggregate VGM Score for B2Gold is A, indicating strong overall performance across multiple investment strategies [3] Outlook - The upward trend in estimates suggests a promising outlook for B2Gold, which holds a Zacks Rank 2 (Buy) [4] - An above-average return is expected from the stock in the coming months [4] Industry Performance - B2Gold is part of the Zacks Mining - Gold industry, where Agnico Eagle Mines (AEM) has gained 6.5% over the past month [5] - Agnico reported revenues of $2.47 billion for the last quarter, reflecting a year-over-year increase of 34.9% [5] - Agnico's EPS for the same period was $1.53, compared to $0.76 a year ago [5] Agnico Eagle Mines Outlook - Agnico is expected to post earnings of $1.45 per share for the current quarter, representing a year-over-year change of 35.5% [6] - The Zacks Consensus Estimate for Agnico has changed by +5.5% over the last 30 days [6] - Agnico also holds a Zacks Rank 2 (Buy) and has a VGM Score of B [6]
B2Gold: Still A Buy, But Gramalote Could Bring Volatility To The Stock
Seeking Alpha· 2025-06-04 15:59
Core Viewpoint - The individual investor adopts a contrarian investment style, focusing on deep value opportunities, particularly in stocks that have recently experienced sell-offs due to non-recurrent events, while also considering insider buying as a positive signal [1] Investment Strategy - The investment portfolio is split approximately 50%-50% between shares and call options, indicating a balanced approach to risk and return [1] - The investor's timeframe for holding positions typically ranges from 3 to 24 months, suggesting a medium-term investment horizon [1] - Fundamental analysis is employed to assess the health of companies, including their leverage and financial ratios compared to sector and industry averages [1] - Technical analysis is utilized to optimize entry and exit points, with a focus on support and resistance levels on weekly charts [1] Stock Selection Criteria - Preference is given to stocks that have undergone a recent sell-off, particularly when there is insider buying at the new lower price, indicating potential recovery [1] - The investor screens through thousands of stocks, primarily in the US, but is open to owning shares in less stable markets, referred to as "banana republics" [1] - Professional background checks are conducted on insiders who purchase shares post-sell-off to ensure credibility and alignment with shareholder interests [1]
B2Gold: Let The Goose Times Roll
Seeking Alpha· 2025-06-03 10:18
Group 1 - Alluvial Gold Research provides detailed analysis on undervalued mining companies, focusing on those with upcoming catalysts that could enhance portfolio performance [1] - Subscribers receive access to current portfolios and real-time buy/sell alerts, indicating a proactive investment strategy [1] Group 2 - The article emphasizes the importance of position sizing in the volatile precious metals sector, recommending that investments in small-cap precious metals stocks should be limited to 5% or less of an investor's portfolio [2]
B2Gold: Golden Goose About To Hatch
Seeking Alpha· 2025-06-01 16:51
Core Viewpoint - B2Gold Corp. is facing challenges due to mine delays and cost overruns at its Back River gold mine, which have impacted its operations and financial performance [1]. Group 1: Company Challenges - The delays and cost overruns at the Back River gold mine are significant issues for B2Gold Corp. [1]. Group 2: Analyst Background - The author of the article has extensive experience in investment management, having spent five years as a co-founder and hedge fund CIO, and previously worked as a hedge fund analyst/portfolio manager [1].
Are You Looking for a Top Momentum Pick? Why B2Gold (BTG) is a Great Choice
ZACKS· 2025-05-30 17:00
Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, with the expectation that established trends will continue [1] Company Overview: B2Gold (BTG) - B2Gold currently holds a Momentum Style Score of B, indicating potential for strong performance based on price changes and earnings estimate revisions [2] - The company has a Zacks Rank of 2 (Buy), suggesting it is positioned for outperformance in the market [3] Price Performance - Over the past week, BTG shares have increased by 13.9%, outperforming the Zacks Mining - Gold industry, which rose by 7.12% [5] - In a longer timeframe, BTG shares have risen 24.09% over the past three months and 19.3% over the last year, while the S&P 500 has shown a decline of -0.42% and a gain of 13.57%, respectively [6] Trading Volume - BTG's average 20-day trading volume is 45,755,264 shares, indicating a bullish sentiment as rising stocks with above-average volume are generally seen as positive [7] Earnings Outlook - In the last two months, 8 earnings estimates for BTG have been revised upwards, with no downward revisions, leading to an increase in the consensus estimate from $0.37 to $0.51 [9] - For the next fiscal year, 7 estimates have also moved higher, reinforcing the positive outlook for the company [9] Conclusion - Given the strong price performance, positive earnings revisions, and favorable trading volume, BTG is positioned as a solid momentum pick with a 2 (Buy) rating and a Momentum Score of B [10]
B2Gold Releases its Ninth Annual Responsible Mining Report and its Fourth Annual Climate Strategy Report
Globenewswire· 2025-05-28 21:00
VANCOUVER, British Columbia, May 28, 2025 (GLOBE NEWSWIRE) -- B2Gold Corp. (TSX: BTO) (NYSE AMERICAN: BTG) (NSX: B2G) (“B2Gold” or the “Company”) is pleased to announce that it has published its ninth annual Responsible Mining Report entitled “Raising the Bar” (the “Report”), which details B2Gold's global economic contributions and its environmental, social, and governance (“ESG”) management practices, together with the Company's performance against key indicators in 2024. Highlights of the Report are prese ...
Are Basic Materials Stocks Lagging B2Gold Corp (BTG) This Year?
ZACKS· 2025-05-28 14:46
Company Overview - B2Gold (BTG) is part of the Basic Materials sector, which includes 232 individual stocks and currently holds a Zacks Sector Rank of 5 [2] - B2Gold belongs to the Mining - Gold industry, which consists of 39 companies and is ranked 18 in the Zacks Industry Rank [6] Performance Metrics - B2Gold has returned approximately 38.5% year-to-date, significantly outperforming the Basic Materials sector average return of 7.5% [4] - Over the past three months, the Zacks Consensus Estimate for B2Gold's full-year earnings has increased by 33.2%, indicating improved analyst sentiment [4] Comparative Analysis - In comparison, another Basic Materials stock, Akzo Nobel NV (AKZOY), has returned 13.3% year-to-date and has a Zacks Rank of 1 (Strong Buy) [5] - The Mining - Gold industry, to which B2Gold belongs, has an average gain of 45.2% this year, suggesting that B2Gold is slightly underperforming its industry [6] - Conversely, Akzo Nobel NV is part of the Chemical - Diversified industry, which has declined by 15.6% year-to-date [6] Investment Outlook - Investors in the Basic Materials sector should monitor B2Gold and Akzo Nobel NV for their continued strong performance [7]
B2Gold: Issuing Debt And Buying Back Shares, And I'm Filling My Stash Too
Seeking Alpha· 2025-05-27 09:41
Company Overview - B2Gold is a mid-tier, geographically diversified gold miner headquartered in Canada, with aggressive expansion plans [1] - The company operates three mines: Fekola in Mali, Masbate in the Philippines, and Otjikoto in Namibia [1] Investment Outlook - The article suggests a potential beneficial long position in B2Gold through stock purchases or call options within the next 72 hours [2]
Can B2Gold (BTG) Run Higher on Rising Earnings Estimates?
ZACKS· 2025-05-26 17:22
Core Viewpoint - B2Gold (BTG) shows a significant improvement in earnings outlook, making it an attractive investment option as analysts continue to raise earnings estimates for the company [1][2]. Earnings Estimate Revisions - The upward trend in earnings estimate revisions reflects growing optimism among analysts regarding B2Gold's earnings prospects, which is expected to positively impact its stock price [2]. - The current quarter's earnings estimate is projected at $0.09 per share, indicating a year-over-year increase of +50%. Over the last 30 days, the Zacks Consensus Estimate has risen by 45.83% due to one upward revision and no negative changes [6]. - For the full year, B2Gold is expected to earn $0.51 per share, representing a substantial change of +218.75% from the previous year. In the past month, four estimates have been revised upward with no negative revisions [7]. Zacks Rank and Performance - B2Gold has achieved a Zacks Rank 2 (Buy), indicating strong agreement among analysts in revising earnings estimates upward. This rank is based on a system that has historically shown strong performance, with Zacks 1 Ranked stocks averaging a +25% annual return since 2008 [3][8]. - Stocks with Zacks Rank 1 (Strong Buy) and 2 (Buy) have been shown to significantly outperform the S&P 500 [8]. Stock Performance - B2Gold's stock has increased by 9.1% over the past four weeks due to strong estimate revisions, suggesting that there may still be further upside potential [9].