B2gold Corp Stock Net Income
| BTO Stock | CAD 6.63 0.88 11.72% |
As of the 2nd of February, B2Gold Corp shows the coefficient of variation of 24828.78, and Mean Deviation of 2.34. B2Gold Corp technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the entity's future prices.
B2Gold Corp Total Revenue |
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Gross Profit | Profit Margin | Market Capitalization | Enterprise Value Revenue 3.0639 | Revenue |
| Last Reported | Projected for Next Year | ||
| Net Loss | -689.6 M | -655.1 M | |
| Net Loss | -720.7 M | -684.6 M | |
| Net Loss | -724.4 M | -688.2 M | |
| Net Loss | (0.43) | (0.41) | |
| Net Income Per E B T | 2.34 | 2.46 |
B2Gold | Net Income |
Evaluating B2Gold Corp's Net Income across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into B2Gold Corp's fundamental strength.
Latest B2Gold Corp's Net Income Growth Pattern
Below is the plot of the Net Income of B2Gold Corp over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in B2Gold Corp financial statement analysis. It represents the amount of money remaining after all of B2Gold Corp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is B2Gold Corp's Net Loss historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in B2Gold Corp's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported (599.65 M) | 10 Years Trend |
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Net Income |
| Timeline |
B2Gold Net Income Regression Statistics
| Arithmetic Mean | (56,289,731) | |
| Geometric Mean | 122,810,819 | |
| Coefficient Of Variation | (708.29) | |
| Mean Deviation | 303,081,402 | |
| Median | 39,131,000 | |
| Standard Deviation | 398,692,889 | |
| Sample Variance | 158956T | |
| Range | 1.4B | |
| R-Value | (0.26) | |
| Mean Square Error | 157702.5T | |
| R-Squared | 0.07 | |
| Significance | 0.31 | |
| Slope | (20,873,064) | |
| Total Sum of Squares | 2543296.3T |
B2Gold Net Income History
B2Gold Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for B2Gold Corp is extremely important. It helps to project a fair market value of B2Gold Stock properly, considering its historical fundamentals such as Net Income. Since B2Gold Corp's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of B2Gold Corp's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of B2Gold Corp's interrelated accounts and indicators.
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B2Gold Corp 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to B2Gold Corp's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of B2Gold Corp.
| 11/04/2025 |
| 02/02/2026 |
If you would invest 0.00 in B2Gold Corp on November 4, 2025 and sell it all today you would earn a total of 0.00 from holding B2Gold Corp or generate 0.0% return on investment in B2Gold Corp over 90 days. B2Gold Corp is related to or competes with New Gold, OceanaGold, Artemis Gold, Eldorado Gold, Osisko Gold, IAMGold, and SSR Mining. B2Gold Corp. operates as a gold producer with three operating mines in Mali, the Philippines, and Namibia More
B2Gold Corp Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure B2Gold Corp's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess B2Gold Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.01 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 12.91 | |||
| Value At Risk | (5.99) | |||
| Potential Upside | 4.6 |
B2Gold Corp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for B2Gold Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as B2Gold Corp's standard deviation. In reality, there are many statistical measures that can use B2Gold Corp historical prices to predict the future B2Gold Corp's volatility.| Risk Adjusted Performance | 0.0107 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.0049 |
B2Gold Corp February 2, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0107 | |||
| Market Risk Adjusted Performance | 0.0149 | |||
| Mean Deviation | 2.34 | |||
| Semi Deviation | 3.93 | |||
| Downside Deviation | 4.01 | |||
| Coefficient Of Variation | 24828.78 | |||
| Standard Deviation | 3.27 | |||
| Variance | 10.68 | |||
| Information Ratio | (0.01) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.0049 | |||
| Maximum Drawdown | 12.91 | |||
| Value At Risk | (5.99) | |||
| Potential Upside | 4.6 | |||
| Downside Variance | 16.09 | |||
| Semi Variance | 15.48 | |||
| Expected Short fall | (2.04) | |||
| Skewness | (0.92) | |||
| Kurtosis | 2.99 |
B2Gold Corp Backtested Returns
B2Gold Corp appears to be slightly risky, given 3 months investment horizon. B2Gold Corp secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that the company had a 0.11 % return per unit of risk over the last 3 months. We have found thirty technical indicators for B2Gold Corp, which you can use to evaluate the volatility of the entity. Please makes use of B2Gold Corp's mean deviation of 2.34, and Coefficient Of Variation of 24828.78 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, B2Gold Corp holds a performance score of 8. The firm shows a Beta (market volatility) of 0.64, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, B2Gold Corp's returns are expected to increase less than the market. However, during the bear market, the loss of holding B2Gold Corp is expected to be smaller as well. Please check B2Gold Corp's downside variance, day median price, and the relationship between the treynor ratio and kurtosis , to make a quick decision on whether B2Gold Corp's price patterns will revert.
Auto-correlation | 0.62 |
Good predictability
B2Gold Corp has good predictability. Overlapping area represents the amount of predictability between B2Gold Corp time series from 4th of November 2025 to 19th of December 2025 and 19th of December 2025 to 2nd of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of B2Gold Corp price movement. The serial correlation of 0.62 indicates that roughly 62.0% of current B2Gold Corp price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.62 | |
| Spearman Rank Test | 0.54 | |
| Residual Average | 0.0 | |
| Price Variance | 0.21 |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
B2Gold Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, B2Gold Corp reported net income of (599.65 Million). This is much higher than that of the Metals & Mining sector and notably higher than that of the Materials industry. The net income for all Canada stocks is significantly higher than that of the company.
B2Gold Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses B2Gold Corp's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of B2Gold Corp could also be used in its relative valuation, which is a method of valuing B2Gold Corp by comparing valuation metrics of similar companies.B2Gold Corp is currently under evaluation in net income category among its peers.
B2Gold Corp Current Valuation Drivers
We derive many important indicators used in calculating different scores of B2Gold Corp from analyzing B2Gold Corp's financial statements. These drivers represent accounts that assess B2Gold Corp's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of B2Gold Corp's important valuation drivers and their relationship over time.
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 (projected) | ||
| Market Cap | 4.1B | 3.8B | 3.9B | 3.2B | 2.9B | 1.8B | |
| Enterprise Value | 3.6B | 3.2B | 3.8B | 3.3B | 3.0B | 1.8B |
B2Gold Fundamentals
| Return On Equity | 0.0723 | ||||
| Return On Asset | 0.2 | ||||
| Profit Margin | 0.09 % | ||||
| Operating Margin | 0.32 % | ||||
| Current Valuation | 10.4 B | ||||
| Shares Outstanding | 1.34 B | ||||
| Shares Owned By Insiders | 0.43 % | ||||
| Shares Owned By Institutions | 66.51 % | ||||
| Number Of Shares Shorted | 33.61 M | ||||
| Price To Earning | 21.37 X | ||||
| Price To Book | 2.22 X | ||||
| Price To Sales | 3.53 X | ||||
| Revenue | 1.9 B | ||||
| Gross Profit | 1.54 B | ||||
| EBITDA | 926.24 M | ||||
| Net Income | (599.65 M) | ||||
| Cash And Equivalents | 336.97 M | ||||
| Cash Per Share | 0.60 X | ||||
| Total Debt | 437.62 M | ||||
| Debt To Equity | 0.21 % | ||||
| Current Ratio | 3.51 X | ||||
| Book Value Per Share | 3.38 X | ||||
| Cash Flow From Operations | 824.38 M | ||||
| Short Ratio | 4.66 X | ||||
| Earnings Per Share | 0.20 X | ||||
| Target Price | 8.91 | ||||
| Beta | 0.96 | ||||
| Market Capitalization | 8.86 B | ||||
| Total Asset | 4.81 B | ||||
| Retained Earnings | (515.31 M) | ||||
| Working Capital | 321.1 M | ||||
| Annual Yield | 0.01 % | ||||
| Net Asset | 4.81 B | ||||
| Last Dividend Paid | 0.1 |
About B2Gold Corp Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze B2Gold Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of B2Gold Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of B2Gold Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with B2Gold Corp
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if B2Gold Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in B2Gold Corp will appreciate offsetting losses from the drop in the long position's value.Moving together with B2Gold Stock
| 0.85 | AG | First Majestic Silver | PairCorr |
| 0.82 | IE | Ivanhoe Energy | PairCorr |
| 0.84 | ORE | Orezone Gold Corp | PairCorr |
| 0.75 | FDY | Faraday Copper Corp | PairCorr |
Moving against B2Gold Stock
The ability to find closely correlated positions to B2Gold Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace B2Gold Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back B2Gold Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling B2Gold Corp to buy it.
The correlation of B2Gold Corp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as B2Gold Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if B2Gold Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for B2Gold Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in B2Gold Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices. To learn how to invest in B2Gold Stock, please use our How to Invest in B2Gold Corp guide.You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..