B2Gold Corp. (BTG) Stock Analysis
Last updated Oct 27, 2026
Health Check
Last analyzed Oct 23, 2026
- Financial Health 75
- Profitability 95
- Business Quality 65
- Balance Sheet 65
- Cash Flow 80
Why this rating?
Health 78/100 — Elite Quality
Entry timing is weak right now. Quality may be fine; the setup is not.
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 9.05
- Forward P/E 5.59
- EV/Revenue 1.74
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
Similar companies
Peers in Gold, ranked by Financial Health.
Latest quoted price for the name. Helps anchor the setup in today’s market level.
Health Entry- Newmont Corporation Gold NEM$112.64 88 Health 88 / 100
Strong business quality across profitability, growth, balance sheet, and cash flow.
Wait WaitEntry timing is weak right now. Quality may be fine; the setup is not.
- Agnico Eagle Mines Limited Gold AEM$180.71 88 Health 88 / 100
Strong business quality across profitability, growth, balance sheet, and cash flow.
Wait WaitEntry timing is weak right now. Quality may be fine; the setup is not.
- Barrick Mining Corporation Gold B$39.26 87 Health 87 / 100
Strong business quality across profitability, growth, balance sheet, and cash flow.
Good Entry Good EntryA usable setup — not as clean as Strong Entry, but timing is not mixed or weak.
- AngloGold Ashanti plc Gold AU$86.73 80 Health 80 / 100
Strong business quality across profitability, growth, balance sheet, and cash flow.
Wait WaitEntry timing is weak right now. Quality may be fine; the setup is not.
- Kinross Gold Corporation Gold KGC$23.00 80 Health 80 / 100
Strong business quality across profitability, growth, balance sheet, and cash flow.
Good Entry Good EntryA usable setup — not as clean as Strong Entry, but timing is not mixed or weak.
- Franco-Nevada Corporation Gold FNV$236.40 78 Health 78 / 100
Strong business quality across profitability, growth, balance sheet, and cash flow.
Watch WatchWorth tracking, but timing is mixed — not a clear setup yet.
- IAMGOLD Corporation Gold IAG$17.08 78 Health 78 / 100
Strong business quality across profitability, growth, balance sheet, and cash flow.
Watch WatchWorth tracking, but timing is mixed — not a clear setup yet.
- Wheaton Precious Metals Corp. Gold WPM$125.92 77 Health 77 / 100
Strong business quality across profitability, growth, balance sheet, and cash flow.
Watch WatchWorth tracking, but timing is mixed — not a clear setup yet.
FAQ
How Compound Radar scores and tracks B2Gold Corp. (BTG).