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StockVS

NYSE American · Gold · USD

B2Gold Corp. (BTG) Stock Analysis

B2Gold Corp. (BTG) is a Gold stock listed on NYSE American and quoted in US Dollar.

Last Updated: October 22, 2026

BTG

$4.87

−$0.38 (−7.24%)

Oct 22, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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BTG Key Statistics

As of Oct 22, 2026
Trading
Open
$5.09
Previous Close
$5.25
Day's Range
4.86–5.09
52-Week Range
3.57–6.29
Volume
22.51M
BetaHow much the share price moves relative to the wider market. 1.0 moves in line with it; above 1.0 swings more, below 1.0 less.
1.41
Valuation
Market Cap
$6.90B
P/E Ratio
9.49
Forward P/EShare price divided by forecast earnings for the year ahead, rather than the year just past.
5.21
P/S ratioMarket value divided by annual revenue. Useful for companies that are not yet profitable, where a P/E cannot be calculated.
1.82
EPS (ttm)Profit attributable to each share over the last twelve months.
0.55
Financials (FY)
Revenue (FY)
$3.06B+60.95%
Net Income (FY)
$401.91M
Profit marginThe share of revenue left as profit after all costs and taxes.
21.33%
Shares OutstandingThe total number of shares held by all investors. Market value is this figure multiplied by the share price.
1.32B
1-Year Return
−5.70%
Dividend and dates
Dividend
$0.08+1.53%
Ex-Dividend Date
September 10, 2026
Earnings Date
November 4, 2026
Avg Volume
23.99M

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

Key facts

As of October 22, 2026, BTG closed at $4.87, −5.70% over 1 year.

B2Gold Corp. (BTG) has a market capitalization of $6.90B.

In fiscal 2025, BTG reported revenue of $3.06B.

BTG Stock Return by Calendar Year

B2Gold Corp. (BTG) 10-year return: what $10,000 became

1 year
$10,000 $9,430
−5.70%
5 years
$10,000 $13,464
+34.64%
10 years
$10,000 $22,123
+121.23%

If you had invested $10,000 in B2Gold Corp. (BTG) 10 years ago, at the close on October 21, 2016, it would have been worth $22,123 at the close on October 22, 2026: +121.23% in total, +8.26% a year, with dividends reinvested. A historical calculation from closing prices adjusted for splits and dividends, before fees and taxes.

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

YearReturn
2026 (partial year)+8.94%
2025+87.24%
2024−18.07%
2023−7.22%
2022−5.12%
2021−26.97%
2020+42.35%
2019+37.72%
2018−5.81%
2017+30.81%
2016 (partial year)−30.50%

As of October 22, 2026.

BTG Revenue and Earnings by Fiscal Year

FY ends December
Fiscal yearRevenueNet incomeNet margin
2025$3.06B$401.91M13.1%
2024$1.90B−$629.89M−33.1%
2023$1.93B$10.10M0.5%
2022$1.73B$252.87M14.6%
Fiscal yearRevenueGross profitOperating incomeNet incomeNet margin
2025$3.06B$1.53B$1.40B$401.91M13.1%
2024$1.90B$706.20M$594.80M−$629.89M−33.1%
2023$1.93B$780.00M$674.64M$10.10M0.5%
2022$1.73B$604.24M$516.53M$252.87M14.6%

Annual figures as reported, in the company's reporting currency. As of December 31, 2025.

BTG Dividend History

$0.04−75.0% vs 2024

Dividends per share, 2025 · 2 payments

YearDividends per sharePaymentsChange
2026*$0.063—
2025$0.042−75.0%
2024$0.164+0.0%
2023$0.164+0.0%
YearDividends per sharePaymentsChange
2026 (partial year)$0.063—
2025$0.042−75.0%
2024$0.164+0.0%
2023$0.164+0.0%
2022$0.164+0.0%
2021$0.164+45.5%
2020$0.114+1,000.0%
2019$0.011—

Most recent payment: $0.02 per share, ex-dividend September 10, 2026. Per-share amounts summed by calendar year from ex-dividend dates. Partial years are shown muted and marked with an asterisk.

BTG Valuation vs Gold Median

Median of 93 stocks
MetricBTGGold medianvs median
P/E9.4911.5218% below
P/S ratio1.824.3158% below
Profit margin21.33%31.40%10.1 pts below

Medians across 93 Gold stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of October 22, 2026.

Recent News

All 20 articles ↓

News provided by third-party sources. Not financial advice.

Analysis

Data-derived

Company Overview

The market values B2Gold Corp. (BTG) at $6.90B. It is classified in the Gold industry, within the Basic Materials sector.

Over the past 52 weeks the price has ranged from $3.57 to $6.29. The most recent close on file for BTG is $4.87, dated October 22, 2026. That is −$0.38 (−7.24%) against the previous close. The latest close sits 36.41% above that 52-week low.

Financial Health

Fiscal 2025 revenue came to $3.06B. That is +60.95% against the prior fiscal year, when revenue was $1.90B. The same year closed with net income of $401.91M. Profit margin runs at 21.33%. That is 10.1 percentage points below the Gold median of 31.4%. Earnings per share on a trailing basis come to 0.55.

Across the 4 fiscal years on file, revenue moves from $1.73B in 2022 to $3.06B in 2025. Of those 4 years, 3 report positive net income.

Valuation Assessment

On trailing earnings, the shares are priced at 9.49 times earnings. That is 17.59% below the Gold median of 11.52. The forward P/E on file is 5.21. Measured against sales, the shares trade at 1.82 times revenue. On price-to-sales that is 57.72% below the Gold median of 4.31. The medians here are taken across 93 Gold companies that report the metric.

The reported beta is 1.41. Annualized volatility over the trailing 10 years is 47.85%. Over the trailing twelve months the total return is −5.70%. Measured over 10 years, that is +8.26% a year compounded.

Growth & Income

The trailing dividend yield is 1.53%. That is 0.5 percentage points above the Gold median yield of 1.04%. The indicated annual rate is $0.08 a share. The ex-dividend date on file is September 10, 2026. Dividends are recorded for 8 calendar years; 2026 shows 3 payments totalling $0.06 a share. The year before, 2025, totalled $0.04 a share.

The strongest complete calendar year on file is 2025 at +87.24%; the weakest is 2021 at −26.97%. Of the 9 complete calendar years on file, 4 finished higher. 2026 is still running; the total return is +8.94% year to date.

Peer Comparison

B2Gold Corp. (BTG) operates in the Gold industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
B2Gold Corp. BTG $6.90B 9.5
Newmont Corporation NEM $120.24B 14.4
Agnico Eagle Mines Limited AEM $89.20B 15.1
Barrick Mining Corporation ABX.TO CA$89.01B 10.1

Market caps are shown in each company's own trading currency, without conversion, and the peers are listed in order of these unconverted figures.

The Gold industry average P/E ratio is 11.5x. B2Gold Corp. trades at a P/E of 9.5.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 22, 2026.

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About B2Gold Corp.

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.

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