BTO:CA:TSX-B2Gold Corp (CAD)

COMMON STOCK | Gold | TSX

Last Closing Price

CAD 6.41

Change

-0.18 (-2.73)%

Market Cap

CAD 6.81B

Volume

3.11M

Average Target Price

CAD 11.56 (+80.27%)
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict

About

B2Gold Corp. operates as a gold producer with three operating mines in Mali, the Philippines, and Namibia. It operates the Fekola Mine in Mali, the Masbate Mine in the Philippines, and the Otjikoto Mine in Namibia. The company also has an 81% interest in the Kiaka Project in Burkina Faso. In addition, it has a portfolio of other evaluation and exploration assets in Mali, Burkina Faso, Namibia, Uzbekistan, and Finland. The company was incorporated in 2006 and is headquartered in Vancouver, Canada. Address: Three Bentall Centre, Vancouver, BC, Canada, V7X 1J1

Company Website : http://www.b2gold.com

Address : Three Bentall Centre, Vancouver, BC, Canada, V7X 1J1

Employees : 2,212

Fiscal Year End : December

Currency: CAD

Country : Canada

Technical Indicators

Beta : 1.30

52 Week High : 9.85

Short Ratio : 0.99

52 Week Low : 3.07

Shorted Shares : 3,542,491

200 Day Moving Average : 8.20

Shorted Shares Previous Month : 3,982,090

50 Day Moving Average : 7.15

Shares Held By Insiders : 11.8%

Shares Held by Institutions : 72.38%

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2021-01-15 )

Largest Industry Peers for Gold

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
NGT:CA Newmont Corporation

-1.22 (-1.53%)

 CAD63.62B 24.73 11.85
ABX:CA Barrick Gold Corporation

-0.45 (-1.50%)

 CAD52.38B 17.31 6.25
FNV:CA Franco-Nevada Corporation

-2.07 (-1.32%)

 CAD29.44B 111.30 58.68
WPM:CA Wheaton Precious Metals Corp

-1.22 (-2.35%)

 CAD22.80B 53.42 36.00
NCM:CA Newcrest Mining Limited

N/A

 CAD21.42B 31.66 8.10
AEM:CA Agnico Eagle Mines Limited

-0.96 (-1.09%)

 CAD21.18B 33.22 14.28
KL:CA Kirkland Lake Gold Ltd

-0.84 (-1.65%)

 CAD13.36B 17.67 9.72
K:CA Kinross Gold Corporation

-0.23 (-2.53%)

 CAD11.16B 10.45 5.64
YRI:CA Yamana Gold Inc

-0.27 (-4.02%)

 CAD6.29B 54.55 10.54
SSRM:CA SSR Mining Inc

-0.90 (-3.98%)

 CAD4.76B 43.59 23.60

ETFs Containing BTO:CA

Symbol Name Weight Mer Price(Change) Market Cap
FXM:CA CI First Asset Morningsta.. 0.00 % 0.60 %

N/A

 CAD0.08B
HEP:CA Horizons Enhanced Income .. 0.00 % 0.65 %

-0.80 (-2.51%)

 CAD0.14B
XMA:CA iShares S&P/TSX Cappe.. 0.00 % 0.55 %

-0.38 (-2.11%)

 CAD0.13B
XMD:CA iShares S&P/TSX Completio.. 0.00 % 0.55 %

-0.25 (-0.88%)

 CAD0.15B
ZGD:CA BMO Equal Weight Global G.. 0.00 % 0.55 %

-2.55 (-3.34%)

 CAD0.25B
ZJG:CA BMO Junior Gold Index ETF 0.00 % 0.55 %

-2.16 (-2.94%)

 CAD0.11B
FST:CA First Trust Canadian Capi.. 0.00 % 0.60 %

-0.07 (-0.20%)

 CAD0.04B
MCSM:CA Manulife Multifactor Cana.. 0.00 % 0.68 %

-0.07 (-0.22%)

 CAD0.11B
HGGG:CA Harvest Global Gold Giant.. 0.00 % 0.40 %

N/A

 CAD8.55M

Market Performance

  Market Performance vs.
Industry/Classification (Gold)		 Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -10.10% 23% F 4% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -10.10% 24% F 4% F
Trailing 12 Months  
Capital Gain 19.14% 36% F 78% C+
Dividend Return 2.63% 64% D 63% D
Total Return 21.77% 38% F 79% C+
Trailing 5 Years  
Capital Gain 504.72% 81% B- 95% A
Dividend Return N/A N/A N/A N/A N/A
Total Return 504.72% 81% B- 95% A
Average Annual (5 Year Horizon)  
Capital Gain 35.79% 73% C 94% A
Dividend Return 0.21% 10% F 8% F
Total Return 36.01% 76% C 94% A
Risk Return Profile  
Volatility (Standard Deviation) 54.68% 47% F 12% F
Risk Adjusted Return 65.85% 85% B 79% C+
Market Capitalization 6.81B 91% A- 90% A-
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Gold)		 Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 10.60 76% C 72% C-
Price/Book Ratio 2.40 43% F 36% F
Price / Cash Flow Ratio 13.85 34% F 21% F
EV/EBITDA 5.29 87% B+ 83% B
Management Effectiveness  
Return on Equity 30.77% 95% A 96% A
Return on Invested Capital 15.40% 91% A- 90% A-
Return on Assets 21.79% 98% A+ 99% A+
Debt to Equity Ratio 11.85% 57% F 82% B-
Technical Ratios  
Short Ratio 0.99 69% D+ 49% F
Short Percent N/A N/A N/A N/A N/A
Beta 1.30 39% F 35% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (CAD)

Quarterly Financials (CAD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

Underpriced compared to earnings

The stock is trading low compared to its peers on a price to earning basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Superior return on equity

The company management has delivered better return on equity in the most recent 4 quarters then its peers, placing it in the top quartile.

Superior capital utilization

The company management has delivered better return on invested capital in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior return on assets

The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Underpriced on free cash flow basis

The stock is trading low compared to its peers on a price to free cash flow basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Superior Earnings Growth

This stock has shown top quartile earnings growth in the previous 5 years compared to its sector.

Superior Revenue Growth

This stock has shown top quartile revenue growth in the previous 5 years compared to its sector.

High Gross Profit to Asset Ratio

This stock is in the top quartile compared to its peers on Gross Profit to Asset Ratio. This is a popular measure among value investors for showing superior returns in the long run.

What to not like:
High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.