Also trades as BTG, BTGN.MX.
BTO.TO
Strong BuyFull HouseAI neutralB2Gold Corp. · Basic Materials · Canada · $7.1B
CAD 7.39 +1.0% · close 6 Oct · scored 7 Oct
Full House: Strong business, sensible price, market agrees. The rare full house.
Does StockRank work? Each month we publish how every decile did, whichever way it went. See the record →
B2Gold is a mid-tier gold producer with production growth anchored by the ramp-up of the Goose project in Nunavut alongside low-cost African operations in Mali and Namibia. Although gold prices benefit from geopolitical friction and management is active in modest share repurchases, mining operations face high sustaining capital expenditure, cost inflation, and jurisdictional uncertainty in West Africa.
ABOUT B2GOLD CORP.
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B2Gold Corp. is a Canadian-based multinational gold producer with a diversified portfolio of operating mines and development projects across Mali, Namibia, the Philippines, and Colombia. The company maintains its competitive position through efficient, low-cost gold production and a proven track record of successful exploration and resource expansion.
FINANCIAL SUMMARY (CAD)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR | TTM | 2026E | 2027E | Fwd CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2.5B | 2.8B | 2.7B | 4.4B | 20.9% | 5.4B | 5.4B | 6.3B | 19.8% |
| EPS (CAD) | 0.34 | 0.01 | -0.69 | 0.43 | 7.7% | 0.80 | 0.49 | — | 15.5% |
| Shares | 1.1B | 1.3B | 1.3B | 1.3B | +24.7% | 1.3B | — | — | — |
| Debt | 81.7M | 274.3M | 625.1M | 854.1M | 118.7% | 651.0M | — | — | — |
| Equity | 4.3B | 5.4B | 4.3B | 5.1B | 6.1% | — | — | — | — |
| Op CF | 850.5M | 1.0B | 1.3B | 1.3B | 14.6% | 1.3B | — | — | — |
| Inv CF | -555.0M | -1.2B | -1.1B | -1.3B | — | — | — | — | — |
| Fin CF | -301.6M | -274.8M | -98.6M | 83.7M | — | — | — | — | — |
Swung more than 76% of stocks we rank over the past year (61% a year).
How this is worked out
What it measures: day-to-day price moves over the past year, as a yearly figure, ranked against every stock we cover. Very calm under 20% a year, Calm 20 to 30%, Average 30 to 40%, Bumpy 40 to 55%, Very bumpy above that.
What we found: across about 13,500 stocks in 34 markets (2002 to 2025), past swings were a good guide to the next year's, and bumpier stocks fell further. How much further changed too much between eras to put a number on it.
Calm is not safe: a calm stock can still slide steadily.
Rules fixed before any data was fetched. Describes the chart, not a recommendation.
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Basic Materials, ranked by industry match, size, and score similarity. Cross-listings of BTO.TO are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| BTO.TO | B2Gold Corp.(you) | $7.1B | 100 | Strong Buy |
| OGC | OceanaGold Corporation | $6.2B | 95 | Strong Buy |
| TXG.TO | Torex Gold Resources Inc. | $4.6B | 97 | Strong Buy |
| IMG.TO | IAMGOLD Corporation | $11.4B | 98 | Strong Buy |
| DPM.TO | DPM Metals Inc. | $9.8B | 93 | Strong Buy |
| KNT.TO | K92 Mining Inc. | $5.1B | 93 | Strong Buy |
| CG.TO | Centerra Gold Inc. | $4.4B | 95 | Strong Buy |
| FVI.TO | Fortuna Mining Corp. | $3.4B | 99 | Strong Buy |
| WDO.TO | Wesdome Gold Mines Ltd. | $3.6B | 96 | Strong Buy |
| ARIS.TO | Aris Mining Corporation | $4.0B | 92 | Strong Buy |
Peer medians: ROE -15.0% · P/E 15.9x · Gross margin 49.0%
Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.