A month has gone by since the last earnings report for B2Gold (BTG). Shares have added about 23.5% in that time frame, outperforming the S&P 500.
Will the recent positive trend continue leading up to its next earnings release, or is B2Gold due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts.
How Have Estimates Been Moving Since Then?
It turns out, fresh estimates have trended upward during the past month.
The consensus estimate has shifted 45.83% due to these changes.
VGM Scores
At this time, B2Gold has a great Growth Score of A, though it is lagging a bit on the Momentum Score front with a B. Charting a somewhat similar path, the stock was allocated a grade of A on the value side, putting it in the top 20% for this investment strategy.
Overall, the stock has an aggregate VGM Score of A. If you aren't focused on one strategy, this score is the one you should be interested in.
Outlook
Estimates have been trending upward for the stock, and the magnitude of this revision looks promising. It comes with little surprise B2Gold has a Zacks Rank #2 (Buy). We expect an above average return from the stock in the next few months.
Performance of an Industry Player
B2Gold is part of the Zacks Mining - Gold industry. Over the past month, Agnico Eagle Mines (AEM), a stock from the same industry, has gained 6.5%. The company reported its results for the quarter ended March 2025 more than a month ago.
Agnico reported revenues of $2.47 billion in the last reported quarter, representing a year-over-year change of +34.9%. EPS of $1.53 for the same period compares with $0.76 a year ago.
Agnico is expected to post earnings of $1.45 per share for the current quarter, representing a year-over-year change of +35.5%. Over the last 30 days, the Zacks Consensus Estimate has changed +5.5%.
Agnico has a Zacks Rank #2 (Buy) based on the overall direction and magnitude of estimate revisions. Additionally, the stock has a VGM Score of B.
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B2Gold Corp (BTG): Free Stock Analysis Report Agnico Eagle Mines Limited (AEM): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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