Insider buying last 90 days
No open-market insider purchases were filed for BTG in the last 90 days.
From Form 4 filings, dated to when each was filed.
Every BTG insider filing, plotted on the chart in Gekko.Open BTG in Gekko
NYSE Arca: BTG
B2Gold (BTG) Stock Analysis & Forecast
Sep 28 close
$5.28−0.20 (−3.6%)
Gekko Brief
AI summaryThis week's news centers on B2Gold's Mali operations and analyst sentiment following the Menankoto exploitation permit grant for the Fekola Complex, with commentary noting buybacks and operational catalysts including Fekola Regional's permit and Goose's ramp toward 4,000 tpd by H2 2027. Separately, the Otjikoto mine's production has exceeded expectations, lifting 2026 production guidance, while multiple pieces reference a Buy-rated consensus among analysts, with one report citing a consensus price target of C$9.33 and another noting a target as high as C$11.00. A Bank of America filing disclosing a 8,552,263-share stake, valued near $31.985 million, is also on record.
BTG closed at $5.28, down 3.6% on the day, though it sits above both its 50-day average of $4.96 and 200-day average of $4.77, with the shorter average above the longer one. Over the past month the shares are down 9.4%, but three-month and six-month returns stand at 39.3% and 24.2% respectively, against a 52-week range of $3.57 to $6.29. The GekkoIndex reads 58.1, placing BTG in the Neutral zone, while price sits 11.6% above the $4.73 Gekko Fair Value.
Looking ahead, B2Gold's next earnings report is scheduled for 4 November 2026, 36 days out and beyond a typical 20-day holding window. Over the last 30 days, one unusual options signal appeared, tied to $1,158,220 in call premium against no put premium. Seasonally, the next 20 trading days have averaged a 12.2% gain over 5 years, rising in 5 of them. The consensus analyst target stands at $6.45, implying 22.2% upside from current levels.
Written by AI and checked automatically against the figures on this page. Generated Sep 29, 2026 from the data above.
B2Gold price vs fair value
Close $5.28200-day averageGekko Fair Value $4.73
B2Gold quick facts
- Market cap
- $7.04B
- P/E ratio
- 9.8
- Forward P/E
- 5.4
- EPS, TTM
- $0.56
- Revenue, TTM
- $3.78B
- Profit margin
- 21.3%
- Dividend yield
- 1.50%
- Beta
- 1.46
- Volume
- 24.23M avg 24.22M
- 1-year return
- +8.9%
- Typical daily move
- ±4.3%
- Typical 20-day move
- ±8.5%
- 50-day average
- $4.96
- 200-day average
- $4.77
- Next earnings
- Nov 4
- Shares outstanding
- 1.32B
B2Gold swing-trade checklist
B2Gold scores 4 supportive, 1 mixed and 1 headwind across the 6 checklist items with data.
Six things swing traders check before a 20-day hold, read from the latest data.
4 supportive1 mixed1 headwind
- Trendsupportive
Above 50 and 200-day
Close $5.28 is above the 50-day ($4.96) and 200-day ($4.77) averages, and the 50-day is above the 200-day.
See the chart - GekkoIndexmixed
58.1, Neutral
Reading 58.1 is in the Neutral zone.
See the GekkoIndex - Fair valueheadwind
11.6% above
Price is 11.6% above Gekko Fair Value (more than 5% above).
See fair value - Smart moneysupportive
Leans bullish
Last 30 days: 1 unusual options signal.
See smart money - Earnings risksupportive
Reports in 36 days
Next report Nov 4, 2026, 36 days away — outside a typical 20-trading-day hold.
See earnings - Seasonalitysupportive
+12.2% on average
From this point in the calendar, the next 20 trading days averaged +12.2% over 5 years, rising in 5 of them.
See seasonality
A description of current data, not a recommendation. How this page works
B2Gold stock chart and price history
B2Gold closed at $5.28 on Sep 28, 2026, +8.9% over the past year, inside a 52-week range of $3.57 to $6.29.
Close50-day average200-day averageVolume
Use the left and right arrow keys to read daily values.
Performance Breakdown
- 1 month
- −9.4%
- 3 months
- +39.3%
- 6 months
- +24.2%
- 1 year
- +8.9%
The full BTG chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open BTG in Gekko
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About B2Gold
B2Gold is a gold mining company that operates three producing mines spread across different continents: the Fekola Mine in Mali, the Masbate Mine in the Philippines, and the Otjikoto Mine in Namibia. These operations form the core of the business and are what the company is primarily known for.
Beyond its own mines, B2Gold holds a 25% ownership stake in Calibre Mining Corp. and close to a 19% interest in BeMetals Corp. It also maintains a set of evaluation and exploration properties located in Mali, Uzbekistan, and Finland, reflecting activity beyond its currently producing sites.
B2Gold was founded in 2006 and is headquartered in Vancouver, Canada. Its shares are listed on the NYSE Arca under the ticker BTG.
- Listed
- NYSE Arca
- Sector
- Non-energy minerals
- Industry
- Precious metals
- Website
- b2gold.com
B2Gold GekkoIndex: the smart money zone
B2Gold’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 58.1, in the Neutral zone, up 1.8 points over five sessions.
58.1Neutral
Up 1.8 points over five sessions.
Reading for Sep 28, 2026
What followed past readings in each zone
| Zone | Readings | 5 days | 20 days | ||
|---|---|---|---|---|---|
| Buying | 46 | +1.2% | +1.5% | ||
| Accumulation | 195 | +1.8% | +6.1% | ||
| Neutral (current zone) | 368 | +0.4% | +2.0% | ||
| Distribution | 61 | −1.0% | 0.0% | ||
| Selling | 2 | Too few readings yet | |||
Average BTG share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Neutral readings averaged +1.1% over 20 days. Past behaviour doesn’t guarantee future results.
Neutral zone: No clear directional signal. About the five zones →
See every daily GekkoIndex reading plotted over the BTG price, zone by zone.Track BTG in Gekko
Is B2Gold stock overvalued? Gekko Fair Value
B2Gold trades 11.6% above Gekko Fair Value of $4.73, so the shares are overvalued on Gekko’s estimate.
Gekko’s own estimate of what B2Gold shares are worth, recalculated every trading day.
$4.73
Gekko Fair Value, Sep 29, 2026
11.6% Overvalued
Gekko Fair Value on every chart, with the gap to price updating daily.Open BTG in Gekko
B2Gold insider and Congress trading
No open-market insider purchases were filed for B2Gold, and no Congress trades were disclosed, in the last 90 days.
Plus buybacks, unusual options and fund positions, each dated to when it became public.
Congress trades last 90 days
No trades in BTG were disclosed by members of Congress in the last 90 days.
From congressional disclosures, which report amounts as ranges.
Congress disclosures for BTG, plotted on the chart in Gekko.Open BTG in Gekko
Buybacks
B2Gold has been buying back its own shares.
- Bought back, quarter ended Jun 30, 2026
- $89.92M
- As a share of market cap
- 1.28%
- Trailing four quarters
- $178.3M
From company filings.
Unusual options activity last 30 days
1signal, 100% of the flagged premium in calls.
Latest: Bullish flow on Sep 26, $1.16M in unusual premium.
Every signal with its contract, strike and premium.Unlock in Gekko
B2Gold earnings: next date and track record
B2Gold reports on Nov 4, 2026 (36 days away), and beat the EPS estimate in 2 of its last 8 reports.
Next earnings report
Nov 4, 2026
36 days away
- EPS estimate
- $0.16
- Revenue estimate
- $807.1M
2 of 8reports beat the EPS estimate
±8.8%average move across the report
3 of 8reports followed by a gain
Share-price move across each report
Last earnings call, Aug 6, 2026 AI summary
- What they said
- B2Gold reported Q2 2026 results amid a significant development: Mali granted the Menankoto exploitation permit for the Fekola Complex, triggering a trading halt. Leadership transitions were highlighted, including Mike Cinnamond as new CEO and Michael McDonald as incoming CFO. The board acknowledged recent share price underperformance while emphasizing operational discipline, capital returns, and long-term value creation across their portfolio.
- Guidance
- Management provided no specific revenue or earnings targets in this excerpt. Focus remains on disciplined execution, reinvesting in operations and exploration, and balancing growth investment with shareholder capital returns. The Menankoto permit is expected to support continued Fekola regional development.
| Reported | EPS | Revenue | Move |
|---|---|---|---|
| Aug 6, 2026 | $0.03 est $0.07 | $789.4M est $836.3M | +22.7% |
| May 6, 2026 | $0.19 est $0.15 | $1.16B est $893.4M | +16.7% |
| Feb 18, 2026 | $0.11 est $0.21 | $1.05B est $1.14B | −2.5% |
| Nov 5, 2025 | $0.14 est $0.15 | $774.3M est $1.15B | −5.0% |
| Aug 7, 2025 | $0.12 est $0.15 | $692.2M est $702.3M | −4.8% |
| May 7, 2025 | $0.09 est $0.08 | $532.1M est $615.9M | −5.0% |
| Feb 19, 2025 | $0.01 est $0.07 | $499.8M est $500.0M | +6.8% |
| Nov 6, 2024 | $0.02 est $0.05 | $448.2M est $569.0M | −7.0% |
“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.
B2Gold stock forecast and analyst price targets
Analysts’ average 12-month price target for B2Gold is $6.45, +22.2% from the last close.
$6.45consensus 12-month target, +22.2% from the last close
+2.0%average 20-day move after past Neutral readings
+12.2%average move over the next 20 trading days in the last 5 years
±4.3%typical daily move, from the 14-day average range
Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.
B2Gold seasonality: the next 20 trading days
Over the next 20 trading days from Sep 26, B2Gold averaged +12.2% across the last 5 years, rising in 5 of them.
Next 20 trading days, by year
Average move and hit rate
| Window | Average | Years higher |
|---|---|---|
| Next 5 trading days | +2.8% | 3 of 5 |
| Next 10 trading days | +2.7% | 4 of 5 |
| Next 15 trading days | +8.6% | 5 of 5 |
| Next 20 trading days | +12.2% | 5 of 5 |
| Next 30 trading days | +5.0% | 3 of 5 |
For scale, BTG’s typical 20-trading-day move in either direction is about 8.5%.
B2Gold market cap and key statistics
B2Gold’s market cap is $7.04B, with a P/E ratio of 9.8 and revenue of $3.78B over the last twelve months.
Valuation
- Market cap
- $7.04B
- P/E ratio
- 9.8
- Forward P/E
- 5.4
- EPS, TTM
- $0.56
- Gekko Fair Value
- $4.73
Trading
- Volume
- 24.23M
- Avg volume, 20 days
- 24.22M
- 52-week high
- $6.29
- 52-week low
- $3.57
- Shares outstanding
- 1.32B
Financials
- Revenue, TTM
- $3.78B
- Profit margin
- 21.3%
- Return on equity
- 22.6%
- Quarterly earnings growth, YoY
- +185.4%
Risk and income
- Beta
- 1.46
- Typical daily move
- ±4.3%
- Typical 20-day move
- ±8.5%
- Dividend yield
- 1.50%
B2Gold stock news this week
Coverage of B2Gold this week reads neutral: 1 positive, 2 neutral and 0 negative headlines.
- B2Gold (TSE:BTO) Share Price Crosses Above 200 Day Moving Average - Should You Sell?MarketBeat, Sep 24
- B2Gold (TSE:BTO) Share Price Crosses Above 200 Day Moving Average – Should You Sell?Defense World, Sep 24
- Bank of America Corp DE Buys Shares of 8,552,263 B2Gold Corp $BTGMarketBeat, Sep 23
- B2Gold Corp. (BTO.TO) Stock Price, News, Quote & HistoryYahoo! Finance Canada, Sep 23
- B2Gold: Mali Said Yes, And The Buybacks Can Now Do The Heavy LiftingSeeking Alpha, Sep 23
- Wall Street Bulls Look Optimistic About B2Gold (BTG): Should You Buy?Zacks Investment Research, Sep 22
B2Gold peers
B2Gold’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.
| Stock | GekkoIndex zone | vs Fair Value |
|---|---|---|
| NEMNewmont | Accumulation | 18.4% below |
| AEMAgnico Eagle Mines | Accumulation | 7.4% below |
| BBarrick Mining | Accumulation | 7.3% above |
| WPMWheaton Precious Metals | Accumulation | 4.2% above |
| FNVFranco-Nevada | Accumulation | 10.4% above |
| KGCKinross Gold | Buying | 2.6% below |
A peer links to its own page where one exists.
B2Gold stock FAQ
What is B2Gold’s market cap?
B2Gold’s market cap is $7.04B at the Sep 28, 2026 close of $5.28, with 1.32B shares outstanding. The shares trade on a P/E ratio of 9.8.
What is the B2Gold stock forecast?
The consensus analyst 12-month price target for B2Gold is $6.45, +22.2% from the last close. Gekko doesn’t publish price predictions of its own.
Is B2Gold stock overvalued or undervalued?
On Gekko’s estimate B2Gold is overvalued: the Sep 28, 2026 close of $5.28 is 11.6% above Gekko Fair Value of $4.73. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.
When does B2Gold report earnings next?
B2Gold is expected to report on Nov 4, 2026 (36 days away). Analysts expect earnings of $0.16 per share on revenue of $807.1M. B2Gold beat the earnings estimate in 2 of its last 8 reports, moving 8.8% on average across the report.
What is B2Gold’s 52-week high and low?
B2Gold’s 52-week high is $6.29 and its 52-week low is $3.57; it closed at $5.28 on Sep 28, 2026, +8.9% over the past year.
Is B2Gold stock a buy right now?
Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 4 of the 6 items with data read as supportive (trend, smart money, earnings risk and seasonality), 1 as mixed (gekkoindex) and 1 as a headwind (fair value). The checklist is a description of current data, not a recommendation.
Is there unusual options activity in B2Gold?
Gekko flagged 1 unusual options signal in B2Gold over the last 30 days, with $1.16M of flagged premium in calls and $0 in puts. The latest, bullish flow, was on Sep 26, 2026 with $1.16M in unusual premium. The signal-by-signal table is in Gekko.
How this page works
During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →
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