BTG

Based on B2Gold Corp.'s historical closing prices, adjusted for stock splits and dividend reinvestment. Past performance does not guarantee future results. This is for informational purposes only and is not financial advice.

What does B2Gold Corp. do?

B2Gold is a gold mining company that operates three producing mines — Fekola in Mali, Masbate in the Philippines, and Otjikoto in Namibia. It also holds equity stakes in other mining companies and maintains exploration assets in several countries. Revenue comes primarily from selling gold produced at these mines.

Does BTG pay dividends?

Yes, B2Gold pays a regular dividend, which distinguishes it from many peers in the mid-cap gold mining space. The dividend reflects the company's cash generation from its three operating mines. Investors should check B2Gold's investor relations page for the current dividend rate and payment schedule.

When does BTG report earnings?

B2Gold reports financial results on a quarterly basis, in line with standard practice for companies listed on North American exchanges. Each quarterly report typically includes production figures from all three mines alongside financial results. Visit B2Gold's investor relations page for the latest earnings release schedule.

Is BTG a good stock to buy?

UQS Score rates BTG as Good overall. The Growth pillar is the standout strength, while Quality and Risk also score positively. The main structural weakness is the Moat pillar, which is rated Weak — reflecting the commodity-driven nature of gold mining. The full pillar breakdown is available to UQS Pro members.

Is BTG overvalued?

The UQS Valuation pillar for BTG is rated Good, suggesting the stock is not trading at an extreme premium relative to its fundamentals. That said, gold miners' valuations are sensitive to gold price movements, which can shift the picture quickly. Pro members can view the detailed valuation metrics behind this rating.

How does BTG compare to its competitors?

Compared to peers like K92 Mining, Eldorado Gold, and NovaGold, B2Gold stands out for its multi-mine, multi-continent operating base and its regular dividend. NovaGold is pre-production, while K92 is single-asset. Eldorado offers a European geographic tilt. B2Gold's diversification across three producing mines is a distinguishing structural feature.

What is BTG's market cap bracket?

B2Gold is classified as a mid-cap company. This places it in the middle tier of publicly traded gold producers — larger than many junior miners but smaller than the major global gold companies. Mid-cap miners like B2Gold often balance growth potential with established cash flows.

Who founded B2Gold Corp.?

B2Gold was founded in 2006 and incorporated formally in 2008, with its roots in the Vancouver-based mining community. The company's founding team had prior experience building and operating gold mining businesses. Detailed founding history is publicly available through B2Gold's corporate disclosures.

Is BTG a long-term quality investment?

From a long-term quality perspective, BTG's Good overall UQS Score reflects a company with reasonable fundamentals, a growing production base, and a manageable risk profile. The Weak Moat rating is the key structural caveat — gold producers depend heavily on commodity prices rather than durable competitive advantages. UQS Pro members can track how these pillars evolve over time.

What is the main competitive advantage of B2Gold?

B2Gold's primary differentiator is its geographically diversified portfolio of three producing mines, which reduces dependence on any single asset or jurisdiction. Its regular dividend also sets it apart from many mid-tier peers. However, the UQS Moat pillar is rated Weak, reflecting the limited pricing power inherent to gold commodity producers.

What sector does BTG belong to?

BTG belongs to the Basic Materials sector, specifically within the gold mining industry. Gold miners are sensitive to commodity price cycles, currency movements, and geopolitical conditions in the countries where they operate. B2Gold's three-country footprint spans Mali, the Philippines, and Namibia.

Is BTG a growth stock or value stock?

Based on UQS pillar labels, BTG leans toward growth — the Growth pillar is rated Strong, while the Valuation pillar is rated Good rather than Attractive. This suggests the market recognizes B2Gold's expansion trajectory without pricing it at a deep discount. It does not fit neatly into a pure value or pure growth category.

B2Gold Corp. shows solid profitability with healthy returns on capital and reasonable margins.

B2Gold Corp. is growing rapidly with strong revenue and earnings expansion.

B2Gold Corp. carries minimal financial risk with conservative leverage and strong solvency.

B2Gold Corp. appears attractively valued relative to its earnings, cash flows, and sector peers.

B2Gold Corp. operates in a highly competitive environment with limited sustainable advantages. The Moat pillar evaluates competitive advantages across five dimensions: Switching Costs, Network Effects, Cost Advantage, Intangible Assets, and Scale & Ecosystem. Sign in to customize moat ratings for BTG.

The UQS (Unified Quality Score) for B2Gold Corp. is calculated using a proprietary 6-pillar framework with 29 financial metrics. Each pillar evaluates a different dimension on a 0–100 scale, then combines into a single weighted score. Scoring thresholds are calibrated per sector. Momentum is an optional Pro toggle — without it, you get the 5-pillar / 25-metric core shown below.

Quality (25%) measures profitability and capital efficiency — ROIC, ROE, margins, GP/Assets, and FCF Yield.

Moat (25%) assesses B2Gold Corp.'s competitive advantages across switching costs, network effects, cost advantages, intangible assets, and ecosystem scale.

Growth (20%) tracks revenue trajectory and earnings momentum, combining historical results with analyst forward estimates.

Risk (15%) is inversely scored — lower leverage and strong balance sheet health result in higher scores.

Valuation (15%) measures whether B2Gold Corp. is fairly priced using earnings yield, price-to-FCF, PEG ratio, and EV/EBITDA relative to sector peers.

Six investor-inspired presets are available, each with different pillar weights: Balanced, Buffett, Munger, Lynch, Cathie Wood, and Graham. The public score shown here uses the Balanced preset. Learn more in our FAQ.