- B2Gold’s second-quarter gold revenue was reported at $692.2 million.
- Revenue increased by 41% compared to the same quarter last year.
- However, it missed the estimated revenue of $703.1 million.
- The adjusted basic earnings per share (EPS) came in at 12 cents.
- This EPS is a significant rise from 6 cents in the previous year but slightly below the estimate of 13 cents.
- Analyst recommendations for B2Gold include 7 buy ratings, 4 hold ratings, and 1 sell rating.
A look at B2Gold Corp Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 3 | |
| Growth | 2 | |
| Resilience | 3 | |
| Momentum | 4 | |
| 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
Analysts view B2Gold Corp‘s long-term outlook positively, as indicated by its overall Smartkarma Smart Scores. With strong scores in Value, Momentum, and Resilience, the company is positioned well for future growth and stability. B2Gold Corp‘s focus on value creation, combined with its solid momentum and resilience, bodes well for its performance over the long run.
Although the company scores lower in Growth and Dividend factors, B2Gold Corp‘s robust presence in gold exploration and production, particularly in Nicaragua, highlights its potential for sustained success. With a diverse portfolio of development and exploration assets in multiple countries, B2Gold Corp is strategically positioned to capitalize on opportunities in the gold market.
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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