BTO:CA:TSX-B2Gold Corp (CAD)

COMMON STOCK | Gold | TSX

Last Closing Price

CAD 6.39

Change

-0.15 (-2.29)%

Market Cap

CAD 6.91B

Volume

2.94M

Average Target Price

CAD 9.13 (+42.80%)
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. B2Gold Corp. was incorporated in 2006 and is headquartered in Vancouver, Canada.

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

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

Fiscal Year End : December

Currency: CAD

Country : Canada

Technical Indicators

Beta : 1.00

52 Week High : 9.76

Short Ratio : 1.04

52 Week Low : 5.25

Shorted Shares : 3,966,282

200 Day Moving Average : 6.94

Shorted Shares Previous Month : 4,571,276

50 Day Moving Average : 5.79

Shares Held By Insiders : 11.78%

Shares Held by Institutions : 70.29000000000001%

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2021-04-22 )

Largest Industry Peers for Gold

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

-1.72 (-2.06%)

 CAD66.07B 18.87 11.65
ABX:CA Barrick Gold Corporation

-0.42 (-1.48%)

 CAD50.43B 17.32 6.64
FNV:CA Franco-Nevada Corporation

-0.02 (-0.01%)

 CAD33.84B 82.76 55.23
WPM:CA Wheaton Precious Metals Corp

-0.62 (-1.14%)

 CAD24.22B 38.16 31.24
NCM:CA Newcrest Mining Limited

N/A

 CAD21.97B 18.37 7.20
AEM:CA Agnico Eagle Mines Limited

-1.29 (-1.54%)

 CAD20.47B 31.94 14.85
KL:CA Kirkland Lake Gold Ltd

-0.83 (-1.69%)

 CAD13.10B 13.45 7.54
K:CA Kinross Gold Corporation

-0.22 (-2.28%)

 CAD12.17B 7.27 4.69
EDV:CA Endeavour Mining Corporation

-0.20 (-0.69%)

 CAD7.34B 44.05 14.09
YRI:CA Yamana Gold Inc

-0.14 (-2.26%)

 CAD5.90B 23.23 6.50

ETFs Containing BTO:CA

Symbol Name Weight Mer Price(Change) Market Cap
XMA:CA iShares S&P/TSX Cappe.. 0.00 % 0.55 %

-0.26 (-1.42%)

 CAD0.14B
XMD:CA iShares S&P/TSX Completio.. 0.00 % 0.55 %

-0.17 (-0.56%)

 CAD0.17B
ZJG:CA BMO Junior Gold Index ETF 0.00 % 0.55 %

-1.14 (-1.55%)

 CAD0.07B

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 -10.38% 38% F 8% F
Dividend Return 0.71% 82% B- 47% F
Total Return -9.67% 41% F 8% F
Trailing 12 Months  
Capital Gain -12.47% 13% F 4% F
Dividend Return 2.49% 64% D 44% F
Total Return -9.98% 14% F 4% F
Trailing 5 Years  
Capital Gain 160.82% 77% C+ 89% B+
Dividend Return N/A N/A N/A N/A N/A
Total Return 160.82% 77% C+ 89% B+
Average Annual (5 Year Horizon)  
Capital Gain 25.45% 64% D 91% A-
Dividend Return 0.42% 30% F 12% F
Total Return 25.87% 66% D 91% A-
Risk Return Profile  
Volatility (Standard Deviation) 36.10% 73% C 24% F
Risk Adjusted Return 71.65% 84% B 82% B-
Market Capitalization 6.91B 89% B+ 84% B
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 87%-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 8.89 73% C 73% C
Price/Book Ratio 2.08 52% F 45% F
Price / Cash Flow Ratio 7.27 40% F 52% F
EV/EBITDA 4.62 79% C+ 86% B
Management Effectiveness  
Return on Equity 28.54% 95% A 96% A
Return on Invested Capital 21.24% 84% B 93% A
Return on Assets 17.96% 95% A 98% A+
Debt to Equity Ratio 1.89% 82% B- 92% A-
Technical Ratios  
Short Ratio 1.04 74% C 50% F
Short Percent N/A N/A N/A N/A N/A
Beta 1.00 59% F 54% 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.

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.

Low debt

The company is less leveraged than its peers ,, and is among the top quartile, which makes it more flexible. However, do check the news and look at its sector. Sometimes this is low because the company is not growing and has no growth potential.

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:
Below median total returns

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

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.