(BTO) B2Gold - Ratings and Ratios

Exchange: TO • Country: Canada • Currency: CAD • Type: Common Stock • ISIN: CA11777Q2099

BTO: Gold, Silver

B2Gold Corp. is a mid-tier gold producer with a diversified portfolio of high-quality assets across three continents. The company operates three core mines: the Fekola Mine in Mali, one of the largest gold mines in Africa; the Masbate Mine in the Philippines, a low-cost open-pit operation with a carbon-in-leach (CIL) processing facility; and the Otjikoto Mine in Namibia, known for its long mine life and consistent production. These assets anchor B2Golds production profile, which has consistently ranked among the lowest cost gold producers globally.

Beyond its operating mines, B2Gold holds strategic stakes in promising development projects and junior explorers. The company owns a 100% interest in the Gramalote gold project in Colombia, a joint venture with AngloGold Ashanti that represents a significant growth opportunity. Additionally, B2Gold holds a 24% equity interest in Calibre Mining Corp., which operates in Nicaragua, and approximately 19% of BeMetals Corp., a base and precious metals explorer. These investments diversify B2Golds exposure across different stages of the mining lifecycle and geographies.

The company also maintains an active exploration pipeline, with a focus on Mali and Finland. In Mali, where it has already proven its operational expertise at Fekola, B2Gold continues to explore for new discoveries. In Finland, the company is targeting orogenic gold systems in the underexplored Central Lapland Greenstone Belt. This balanced approach of operating low-cost mines, advancing development projects, and pursuing greenfield exploration positions B2Gold well for long-term growth.

Founded in 2006 and headquartered in Vancouver, Canada, B2Gold has established itself as a disciplined operator with a track record of delivering on production guidance and maintaining a strong balance sheet. Its shares are listed on the Toronto Stock Exchange under the ticker BTO. As of its latest reporting, the company has a market capitalization of approximately $4.6 billion CAD, with a forward P/E ratio of 6.26, reflecting investor confidence in its future earnings potential. B2Golds price-to-book ratio of 1.06 and price-to-sales ratio of 2.43 suggest a valuation that aligns with industry peers, given its operational performance and growth prospects.

Additional Sources for BTO Stock

Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle

BTO Stock Overview

Market Cap in USD 3,532m
Sector Basic Materials
Industry Gold
GiC Sub-Industry Gold
IPO / Inception

BTO Stock Ratings

Growth 5y -9.21%
Fundamental -39.1%
Dividend 51.6%
Rel. Strength Industry 32.1
Analysts -
Fair Price Momentum 4.25 CAD
Fair Price DCF 2.49 CAD

BTO Dividends

Dividend Yield 12m 3.51%
Yield on Cost 5y 3.97%
Annual Growth 5y 7.78%
Payout Consistency 81.5%

BTO Growth Ratios

Growth Correlation 3m 54%
Growth Correlation 12m 32.5%
Growth Correlation 5y -73.4%
CAGR 5y 3.82%
CAGR/Max DD 5y 0.06
Sharpe Ratio 12m 1.56
Alpha 16.09
Beta 0.70
Volatility 37.28%
Current Volume 6226.3k
Average Volume 20d 3705.7k
What is the price of BTO stocks?
As of March 15, 2025, the stock is trading at CAD 4.26 with a total of 6,226,300 shares traded.
Over the past week, the price has changed by +10.08%, over one month by +18.94%, over three months by +16.35% and over the past year by +27.38%.
Is B2Gold a good stock to buy?
Probably not. Based on ValueRay Fundamental Analyses, B2Gold (TO:BTO) is currently (March 2025) not a good stock to buy. It has a ValueRay Fundamental Rating of -39.05 and therefor a somewhat negative outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of BTO as of March 2025 is 4.25. This means that BTO is currently overvalued and has a potential downside of -0.23%.
Is BTO a buy, sell or hold?
B2Gold has no consensus analysts rating.
What are the forecast for BTO stock price target?
According to ValueRays Forecast Model, BTO B2Gold will be worth about 4.7 in March 2026. The stock is currently trading at 4.26. This means that the stock has a potential upside of +10.33%.
Issuer Forecast Upside
Wallstreet Target Price 5.8 36.6%
Analysts Target Price - -
ValueRay Target Price 4.7 10.3%