BTG

B2Gold Corp
NYSE AmericanUSDEQUITY Basic Materials DELAYED
Last price
5.50
▲ 0.12 (2.23%)
MARKET ·

Price

Open
5.41
Prev close
5.38
Day high
5.56
Day low
5.42
Volume
26.46M
Market cap
$7.29B
P/E (TTM)
10.04
52W range
3.57 – 6.29

Trailing performance

Price return · vs SPY
Returnvs SPY
1W
+7.39% +8.8%
1M
+43.75% +40.0%
3M
+19.22% +16.1%
6M
+2.41% -8.7%
YTD
+22.39% +10.1%
1Y
+44.88% +24.9%
3Y
+82.78% +8.6%
5Y

Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.

Fundamentals

TTM · reported
Market cap$7.29B
Enterprise value$7.49B
Revenue (TTM)$3.78B
Gross profit$2.39B
EBITDA$2.08B
Net income$807.17M
EPS (TTM)$0.55
Free cash flow$298.27M
Total cash$290.03M
Total debt$456.09M
Book value / share$3.01
Shares outstanding1.32B
Float1.31B
Short % of float
Dividend yield1.45%
Beta (5Y)1.35

Valuation & profitability ratios

Account required
Trailing P/E10.04
Forward P/E5.23
PEG ratio
Price / sales
Price / book1.84
EV / revenue1.98
EV / EBITDA3.61
Gross margin63.16%
Operating margin45.74%
Profit margin21.33%
Return on equity22.64%
Return on assets17.62%
Debt / equity11.39
Current ratio1.58
Free account required

Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.

Financial statements

Annual · as reported
Last 4 fiscal years
Line item2025202420232022
Total revenue$3.06B$1.90B$1.93B$1.73B
Cost of revenue$0$0$0$0
Gross profit$0$0$0$0
R&D
SG&A
Operating income
Pre-tax income
Tax provision$0$0$0$0
Net income$401.91M-$629.89M$10.10M$252.87M
EBIT$0$0$0$0

Earnings

History & consensus estimates
Reported vs expected · EPS
QuarterEst.ActualSurprise
Jun 2026 0.070.03 -58.9%
Mar 2026 0.110.19 +67.7%
Dec 2025 0.180.11 -39.2%
Sep 2025 0.130.14 +9.2%
Forward consensus
PeriodEPSAnalystsRevenueGrowth
Current quarter 0.14 9 $737.70M -5.8%
Next quarter 0.17 10 $861.77M -18.2%
Current year 0.54 11 $3.85B +25.9%
Next year 1.06 12 $4.74B +23.1%

Analyst targets & ownership

Account required
Mean target$6.15
High target$7.50
Low target$4.00
Implied upside11.82%
Analyst count5
ConsensusBUY
Strong buy / Buy5 / 6
Hold1
Sell / Strong sell0 / 1
Held by insiders0.40%
Held by institutions69.15%
Institutions holding458
Free account required

Price targets, consensus spread, insider and institutional ownership.

Insider net activity

6m · Form 4 rollup
Net shares
0
Net selling
Buy transactions
0
0 shares
Sell transactions
0
Net transactions
0
Buys less sells
Sell : buy shares
Not enough filings
Insider-held shares
5.34M
Total on file

Insider transactions

Account required
DateInsiderAction SharesValueHeld
Aug 11, 26
Korpan (Jerry R)
Director of Issuer
SELL 200.00K $994.60K Direct
Aug 10, 26
Lytle, William
Senior Officer of Issuer
SELL 177.19K $893.57K Direct
Jul 7, 26
Chatwin (Randall C)
Senior Officer of Issuer
SELL 22.00K $88.33K Direct
Jul 3, 26
Bartz, Eduard
Senior Officer of Issuer
EXERCISE 8.48K $33.33K Direct
Jul 3, 26
Bartz, Eduard
Senior Officer of Issuer
SELL 8.48K $35.12K Direct
Jul 3, 26
Brown (Andrew Bruce)
Senior Officer of Issuer
EXERCISE 8.48K $33.33K Direct
Jul 3, 26
Brown (Andrew Bruce)
Senior Officer of Issuer
SELL 4.70K $19.46K Direct
Jul 3, 26
Chatwin (Randall C)
Senior Officer of Issuer
EXERCISE 25.45K $100.00K Direct
Jul 3, 26
Chatwin (Randall C)
Senior Officer of Issuer
SELL 14.09K $58.34K Direct
Jul 3, 26
Cinnamond (Michael Andrew)
Director of Issuer
EXERCISE 25.45K $100.00K Direct
Jul 3, 26
Cinnamond (Michael Andrew)
Director of Issuer
SELL 14.09K $58.34K Direct
Jul 3, 26
King (Victor John)
Senior Officer of Issuer
EXERCISE 25.45K $100.00K Direct
Jul 3, 26
King (Victor John)
Senior Officer of Issuer
SELL 14.09K $58.34K Direct
Jul 3, 26
Krohnert (Ninette)
Senior Officer of Issuer
EXERCISE 8.48K $33.33K Direct
What this is, and what it is not

These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.

A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.

This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.

Free account required

Officer and director trades in their own stock, straight from Form 4 filings.

Insider holders

10 reporting
NameRelationShares heldLatest
Chatwin (Randall C)
Senior Officer of Issuer 119.99K Acquisition or disposition in the public market
Cinnamond (Michael Andrew)
Director of Issuer 329.44K Exercise of rights
Johnson (Clive Thomas)
Director of Issuer 3.36M Exercise of rights
King (Victor John)
Senior Officer of Issuer 280.88K Exercise of rights
Korpan (Jerry R)
Director of Issuer 2.28M Acquisition or disposition in the public market
Krohnert (Ninette)
Senior Officer of Issuer 67.26K Exercise of rights
McDonald (Michael Stephen)
Senior Officer of Issuer 46.84K Exercise of rights
Moore (Daniel Bruce)
Senior Officer of Issuer 137.60K Exercise of rights
Rajala (John Alex)
Senior Officer of Issuer 321.40K Exercise of rights
Stansbury (Dennis)
Senior Officer of Issuer 949.38K Exercise of rights

Moving averages & technicals

Computed from 2Y daily closes
SMA 10
5.19
+5.97% from price
SMA 20
4.60
+20.12% from price
SMA 50
4.21
+30.99% from price
SMA 100
4.46
+23.30% from price
SMA 200
4.61
+19.69% from price
EMA 12
5.03
+9.39% from price
EMA 26
4.65
+18.19% from price
EMA 50
4.46
+23.24% from price
RSI (14)
74.5
Overbought
MACD (12,26,9)
0.37
Hist 0.09
ATR (14)
0.26
4.70% of price
Realised vol 30D
69.9%
Annualised
Bollinger upper
5.91
20, 2σ
Bollinger lower
3.28
20, 2σ
50 / 200 cross
Death
4.21 vs 4.61
Trend bias
Above 200
+19.69%

Risk profile

Daily returns · 1Y window
Beta vs SPY
1.81
More volatile than market
Correlation to SPY
0.38
Loosely linked
Realised vol 30D
69.9%
Annualised
Market vol 1Y
12.9%
SPY, annualised
Max drawdown 1Y
-41.2%
Peak to trough
Max drawdown 5Y
-53.7%
Peak to trough
ATR 14
0.26
4.70% of price
Beta (reported)
1.35
5Y monthly, from filing

Unusual options activity

Account required
Flagged1
Total notional$56.48K
Call notional$56.48K
Put notional$0
Tiltcall-weighted
Likely opening1 of 1
SideStrikeExpiryVolumeOpen int. Vol / OINotionalIV PrintScore
CALL 5.00 Aug 28, 26
5d
1.03K 794 1.3× $56.48K 78% at bid
46
How this is calculated, and what it cannot see

A contract is flagged when today's volume approaches or exceeds its open interest, the position is worth at least $40,000, and at least 150 contracts changed hands. Open interest is what was outstanding at yesterday's close, so volume above it means the flow cannot all be closing — something is being opened.

The score weights four things: volume against open interest, dollar notional, volume against the rest of that chain, and where the last print sat inside the bid/ask spread.

What it cannot see. Volume here is a daily total, so ten small orders and one large one are indistinguishable — this is not block or sweep detection, which needs exchange-level time and sales. The print column compares the last trade to the current quote, which is a proxy for who was the aggressor, not a tagged flag. Quotes are delayed. A single large trade can be a hedge, a roll, or one leg of a spread, and none of those mean what a naked directional bet would mean.

Free account required

Contracts trading at or above their open interest, ranked by notional and where the print landed.

Options analytics

Account required
Put / call volume
0.09
Call-heavy session
Put / call open interest
0.28
Positioning, not flow
Max pain
4.50
-18.5% from spot
ATM implied vol
53.9%
Nearest strike to spot
Skew (10% OTM)
+23.4%
Puts bid over calls
Call volume
1.46K
Contracts, this expiry
Put volume
128
Contracts, this expiry
Heaviest call OI
5.50
1.71K contracts
Heaviest put OI
4.50
277 contracts

Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.

Free account required

Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.

Options chain

Account required
ExpirySpot 5.50
Calls
StrikeLastBidAskVolOIIV
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
Puts
StrikeLastBidAskVolOIIV
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
Free account required

Every listed expiry, both sides of the book, with volume, open interest and implied volatility.

PRIVATE STRATEGY · BY QUALIFICATION

The same data. A different seat.

The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.