In the latest trading session, B2Gold (BTG) closed at $5.55, marking a -6.57% move from the previous day. The stock trailed the S&P 500, which registered a daily gain of 0.53%. Elsewhere, the Dow saw an upswing of 0.52%, while the tech-heavy Nasdaq appreciated by 0.52%.
The gold, silver and copper miner's shares have seen an increase of 37.5% over the last month, surpassing the Basic Materials sector's gain of 1.73% and the S&P 500's gain of 0.71%.
Market participants will be closely following the financial results of B2Gold in its upcoming release. The company plans to announce its earnings on November 5, 2025. The company is predicted to post an EPS of $0.18, indicating a 800% growth compared to the equivalent quarter last year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $0.61 per share and a revenue of $3.21 billion, indicating changes of +281.25% and +68.68%, respectively, from the former year.
Investors should also take note of any recent adjustments to analyst estimates for B2Gold. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. The Zacks Consensus EPS estimate has moved 4.94% higher within the past month. B2Gold currently has a Zacks Rank of #3 (Hold).
Digging into valuation, B2Gold currently has a Forward P/E ratio of 9.71. This indicates a discount in contrast to its industry's Forward P/E of 17.63.
The Mining - Gold industry is part of the Basic Materials sector. With its current Zacks Industry Rank of 47, this industry ranks in the top 20% of all industries, numbering over 250.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming 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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