# B2Gold Corp (BTG)

Source page: https://stoqly.net/companies/btg

- **Ticker:** BTG (NYSE)
- **Sector:** Materials / Gold And Silver Ores
- **SEC CIK:** 0001429937
- **Latest annual report:** 40-F filed 2026-03-11 (https://www.sec.gov/Archives/edgar/data/1429937/000110465926026310/tm266740d1_40f.htm)
- **Data updated:** 2026-11-01

## Key figures

- **Last close:** $4.60 on 2026-10-30
- **Market cap:** $6.8B
- **P/E (trailing):** 16.4x
- **EPS, trailing 12 months:** $0.28
- **Return on invested capital:** 23.6%
- **Return on equity:** 12.2%
- **Net debt:** $218M
- **Net debt / EBITDA:** 0.1x
- **Change in share count:** +13.1%
- **Piotroski F-score:** 4/9
- **Insider buys, last 90 days:** $0.0M
- **Insider sells, last 90 days:** $0.0M

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## Annual results

From SEC EDGAR XBRL filings. Full table: https://stoqly.net/companies/btg/figures.csv

| US$ millions | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---:|---:|---:|---:|---:|---:|---:|---:|---:|---:|
| Operating income | 126 | 87 | 286 | 508 | 1,053 | 714 | 502 | 327 | -248 | 1,382 |
| Net income | 39 | 57 | 29 | 293 | 628 | 420 | 253 | 10 | -630 | 402 |
| Diluted EPS (US$) | 0.04 | 0.06 | 0.02 | 0.29 | 0.59 | 0.40 | 0.24 | 0.01 | -0.48 | 0.28 |
| Operating cash flow | 412 | 155 | 451 | 492 | 951 | 724 | 596 | 714 | 878 | 896 |
| Cash | 145 | 147 | 103 | 141 | 480 | 673 | 652 | 307 | 337 | 380 |
| Debt and leases | 487 | 702 | 480 | 262 | 110 | 75 | 57 | 192 | 438 | 598 |

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Source: SEC EDGAR filings and end-of-day prices, via Stoqly. For information only — not investment advice or a recommendation to buy, sell or hold any security.