B2Gold (NYSE:BTG) Downgraded by Cormark to Hold

B2Gold (NYSE:BTG) was downgraded by research analysts at Cormark from a “moderate buy” rating to a “hold” rating in a research note issued on Monday,Zacks.com reports. Cormark also issued estimates for B2Gold’s Q3 2025 earnings at $0.09 EPS, Q4 2025 earnings at $0.11 EPS, FY2025 earnings at $0.35 EPS, FY2027 earnings at $0.36 EPS, FY2028 earnings at $0.46 EPS and FY2029 earnings at $0.51 EPS.

Several other research analysts have also recently issued reports on the company. TD Securities cut B2Gold from a “buy” rating to a “hold” rating in a research report on Tuesday, February 4th. CIBC raised their price objective on B2Gold from $3.30 to $3.60 and gave the company a “neutral” rating in a research note on Thursday, March 20th. Finally, Bank of America lowered shares of B2Gold from a “buy” rating to an “underperform” rating in a research note on Tuesday, January 14th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $4.12.

B2Gold Trading Down 1.0 %

BTG opened at $2.85 on Monday. The firm has a market capitalization of $3.76 billion, a PE ratio of -5.94, a P/E/G ratio of 0.33 and a beta of 1.09. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.83 and a quick ratio of 1.08. B2Gold has a fifty-two week low of $2.20 and a fifty-two week high of $3.50. The company’s 50-day moving average is $2.72 and its 200 day moving average is $2.84.

Institutional Investors Weigh In On B2Gold

Several large investors have recently modified their holdings of BTG. Charles Schwab Investment Management Inc. grew its holdings in B2Gold by 3.8% during the third quarter. Charles Schwab Investment Management Inc. now owns 3,957,155 shares of the company’s stock valued at $12,243,000 after purchasing an additional 143,663 shares during the period. FMR LLC raised its stake in B2Gold by 0.7% in the 3rd quarter. FMR LLC now owns 59,489,129 shares of the company’s stock valued at $183,862,000 after acquiring an additional 438,399 shares during the period. BNP Paribas Financial Markets lifted its holdings in B2Gold by 62.0% during the third quarter. BNP Paribas Financial Markets now owns 95,482 shares of the company’s stock valued at $294,000 after purchasing an additional 36,555 shares during the last quarter. Walleye Capital LLC bought a new position in B2Gold during the third quarter worth about $2,008,000. Finally, Flow Traders U.S. LLC purchased a new position in shares of B2Gold in the third quarter worth about $35,000. Hedge funds and other institutional investors own 61.40% of the company’s stock.

B2Gold Company Profile

B2Gold Corp. operates as a gold producer company. It operates the Fekola Mine in Mali, the Masbate Mine in the Philippines, and the Otjikoto Mine in Namibia. The company also has an 100% interest in the Gramalote gold project in Colombia; 24% interest in the Calibre Mining Corp.; and approximately 19% interest in BeMetals Corp.