B2Gold Corp. (NMSE:B2G)
Namibia flag Namibia · Delayed Price · Currency is NAD · Price in ZAR
77.20
+0.84 (1.10%)
At close: Dec 5, 2025

B2Gold Statistics

Total Valuation

B2Gold has a market cap or net worth of NAD 102.83 billion. The enterprise value is 108.07 billion.

Market Cap 102.83B
Enterprise Value 108.07B

Important Dates

The next estimated earnings date is Thursday, February 19, 2026.

Earnings Date Feb 19, 2026
Ex-Dividend Date Dec 2, 2025

Share Statistics

Current Share Class 1.34B
Shares Outstanding n/a
Shares Change (YoY) +9.92%
Shares Change (QoQ) +0.36%
Owned by Insiders (%) 0.76%
Owned by Institutions (%) 65.59%
Float 1.33B

Valuation Ratios

The trailing PE ratio is 27.13 and the forward PE ratio is 6.25.

PE Ratio 27.13
Forward PE 6.25
PS Ratio 2.37
PB Ratio 1.77
P/TBV Ratio 1.79
P/FCF Ratio n/a
P/OCF Ratio 8.20
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 5.15, with an EV/FCF ratio of -35.38.

EV / Earnings 28.51
EV / Sales 2.53
EV / EBITDA 5.15
EV / EBIT 3.83
EV / FCF -35.38

Financial Position

The company has a current ratio of 1.03, with a Debt / Equity ratio of 0.19.

Current Ratio 1.03
Quick Ratio 0.42
Debt / Equity 0.19
Debt / EBITDA 0.52
Debt / FCF -3.61
Interest Coverage 63.38

Financial Efficiency

Return on equity (ROE) is 7.23% and return on invested capital (ROIC) is 27.86%.

Return on Equity (ROE) 7.23%
Return on Assets (ROA) 19.77%
Return on Invested Capital (ROIC) 27.86%
Return on Capital Employed (ROCE) 35.60%
Revenue Per Employee 19.58M
Profits Per Employee 1.71M
Employee Count 2,212
Asset Turnover 0.48
Inventory Turnover 1.97

Taxes

In the past 12 months, B2Gold has paid 8.43 billion in taxes.

Income Tax 8.43B
Effective Tax Rate 67.31%

Stock Price Statistics

The stock price has increased by +50.05% in the last 52 weeks.

Beta (5Y) n/a
52-Week Price Change +50.05%
50-Day Moving Average 80.76
200-Day Moving Average 66.69
Relative Strength Index (RSI) 53.51
Average Volume (20 Days) 1

Short Selling Information

Short Interest n/a
Short Previous Month n/a
Short % of Shares Out n/a
Short % of Float n/a
Short Ratio (days to cover) n/a

Income Statement

In the last 12 months, B2Gold had revenue of NAD 43.30 billion and earned 3.79 billion in profits. Earnings per share was 2.67.

Revenue 43.30B
Gross Profit 26.67B
Operating Income 28.63B
Pretax Income 12.53B
Net Income 3.79B
EBITDA 21.21B
EBIT 28.63B
Earnings Per Share (EPS) 2.67
Full Income Statement

Balance Sheet

The company has 6.49 billion in cash and 11.01 billion in debt, giving a net cash position of -4.52 billion.

Cash & Cash Equivalents 6.49B
Total Debt 11.01B
Net Cash -4.52B
Net Cash Per Share n/a
Equity (Book Value) 58.22B
Book Value Per Share 43.18
Working Capital 602.76M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 12.54 billion and capital expenditures -15.59 billion, giving a free cash flow of -3.05 billion.

Operating Cash Flow 12.54B
Capital Expenditures -15.59B
Free Cash Flow -3.05B
FCF Per Share n/a
Full Cash Flow Statement

Margins

Gross margin is 61.60%, with operating and profit margins of 66.12% and 8.75%.

Gross Margin 61.60%
Operating Margin 66.12%
Pretax Margin 28.93%
Profit Margin 8.75%
EBITDA Margin 48.99%
EBIT Margin 66.12%
FCF Margin n/a

Dividends & Yields

This stock pays an annual dividend of 1.41, which amounts to a dividend yield of 1.82%.

Dividend Per Share 1.41
Dividend Yield 1.82%
Dividend Growth (YoY) -52.06%
Years of Dividend Growth n/a
Payout Ratio 56.55%
Buyback Yield -9.92%
Shareholder Yield -8.10%
Earnings Yield 3.69%
FCF Yield -2.97%
Dividend Details

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

B2Gold has an Altman Z-Score of 2.41 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 2.41
Piotroski F-Score 6