B2Gold (BTG) closed at $3.33 in the latest trading session, marking a -2.35% move from the prior day. This move lagged the S&P 500's daily loss of 0.01%. At the same time, the Dow lost 0.32%, and the tech-heavy Nasdaq gained 0.05%.
Shares of the gold, silver and copper miner have depreciated by 7.84% over the course of the past month, underperforming the Basic Materials sector's gain of 1.67%, and the S&P 500's gain of 5.37%.
Market participants will be closely following the financial results of B2Gold in its upcoming release. The company plans to announce its earnings on August 7, 2025. The company is forecasted to report an EPS of $0.12, showcasing a 100% upward movement from the corresponding quarter of the prior year.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $0.57 per share and a revenue of $3.08 billion, signifying shifts of +256.25% and +61.77%, respectively, from the last year.
Investors should also take note of any recent adjustments to analyst estimates for B2Gold. These revisions help to show the ever-changing nature of near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 10.93% higher. B2Gold is currently a Zacks Rank #2 (Buy).
From a valuation perspective, B2Gold is currently exchanging hands at a Forward P/E ratio of 6.01. This valuation marks a discount compared to its industry average Forward P/E of 11.69.
The Mining - Gold industry is part of the Basic Materials sector. This industry currently has a Zacks Industry Rank of 15, which puts it in the top 7% of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
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B2Gold Corp (BTG): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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