Compound Radar

B2Gold Corp. (BTG) Stock Analysis

Canada · Basic Materials / Gold

Price $5.45
Market cap $7.20B
Next earnings Nov 4, 2026
Entry status Watch $4.35–$4.61

Last updated Sep 8, 2026

Health Check

Last analyzed Sep 7, 2026

78
78/100 Elite Quality
  • Financial Health 75
  • Profitability 95
  • Business Quality 65
  • Balance Sheet 65
  • Cash Flow 80

Why this rating?

Health 78/100 — Elite Quality

Strongest Profitability 95/100
Softest Balance Sheet 65/100
Watch

Worth tracking, but timing is mixed — not a clear setup yet.

Company overview

B2Gold Corp. (BTG) is a Gold company in the Basic Materials sector. Compound Radar rates B2Gold Corp. 78/100 (Elite Quality) due to solid business quality, steady revenue growth, and manageable leverage.

Investment profile

  • Quality Moderate
  • Growth Moderate
  • Balance Sheet Adequate
  • Valuation Attractive

Financial highlights

Valuation

  • P/E 9.73
  • Forward P/E 5.16
  • EV/Revenue 2.01

Profitability

  • Revenue Growth 14.0%
  • Gross Margin 63.2%
  • Operating Margin 45.7%
  • Net Margin 21.3%
  • ROE 22.6%

Financial strength

  • Cash $290.03M
  • Debt $456.09M
  • Net Cash $-166.05M
  • Free Cash Flow $895.84M
  • Current Ratio 1.58

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FAQ

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