- B2Gold reported an adjusted basic earnings per share (EPS) of 1 cent for the fourth quarter, down from 7 cents in the same period last year.
- The adjusted EPS missed the market estimate of 6 cents for the quarter.
- The company maintains its annual gold production forecast of 970,000 to 1.08 million ounces.
- B2Gold has reduced its quarterly dividend to 2 cents per share, down from 4 cents in the previous period, aligning with market estimates of 2 cents.
- Market analysts have given B2Gold 5 buy ratings, 5 hold ratings, and 1 sell rating.
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
According to Smartkarma Smart Scores, B2Gold Corp shows a strong outlook in terms of value and dividend, both scoring high at 4. This indicates that the company is deemed to have solid financial health and potential for returns to shareholders. However, the growth score for B2Gold Corp is moderate at 2, suggesting a slower pace of expansion compared to its peers. In terms of resilience and momentum, the company scores 3, reflecting a decent ability to weather economic fluctuations and maintain a stable performance in the market.
B2Gold Corporation, a gold exploration and production company based in Vancouver, has a promising outlook on the horizon according to Smartkarma Smart Scores. With a focus on value and dividends, the company’s strength lies in its financial stability and potential returns for investors. Despite a more moderate growth score, B2Gold Corp demonstrates resilience and momentum in navigating market challenges and maintaining a steady performance. With mines in Nicaragua and a diverse portfolio of development and exploration assets across Latin America, the company seems positioned for sustainable growth in the long term.
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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