- B2Gold reported a gold revenue of $500 million for the 4th quarter.
- This revenue figure is down by 2.3% compared to the same period last year.
- The company’s gold revenue missed the estimated figure of $544 million.
- Gold production for the 4th quarter was at 186,001 ounces.
- This production number represents a significant decrease of 36% year-over-year.
- For the full year, B2Gold forecasts gold production between 970,000 to 1.08 million ounces.
- Market analysts have given B2Gold 8 ‘Buy’ ratings, 4 ‘Hold’ ratings, and no ‘Sell’ ratings.
A look at B2Gold Corp Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 4 | |
| Growth | 2 | |
| Resilience | 3 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, B2Gold Corp appears to have a positive long-term outlook. The company received strong scores in Value and Dividend, indicating that it is considered favorable in terms of its financial health and potential for returns to shareholders. However, B2Gold Corp received lower scores in Growth, Resilience, and Momentum, suggesting that there may be areas for improvement in terms of its growth prospects, ability to withstand market fluctuations, and momentum in the stock performance.
B2Gold Corporation, a gold exploration and production company based in Vancouver, has mines in Nicaragua and a range of development and exploration assets in Nicaragua, Colombia, and Uruguay. With promising scores in Value and Dividend, investors may find B2Gold Corp to be an attractive option for long-term investment, despite its lower scores in Growth, Resilience, and Momentum, pointing to potential areas for advancement in the future.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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