Valuation B2Gold Corp.

Equities

Market Closed - Toronto S.E. Other stock markets 04:00:00 2025-12-12 pm EST			5-day change	1st Jan Change
6.350 ^CAD	-1.70%		0.00%	+80.40%

Nov. 19	Prospector Metals Corp. announced that it has received CAD 38.047564 million in funding from Alpayana S.A.C., B2Gold Corp. and other investors	CI
Nov. 21	Prospector Metals Raises $38 Million in a Non-Brokered Private Placement	MT

Data adjusted to current consolidation scope

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Capitalization ¹	5,879	4,154	3,819	4,126	3,212	6,145	-	-
Change	-	-29.34%	-8.06%	8.04%	-22.14%	91.3%	-	-
Enterprise Value (EV) ¹	5,509	3,556	3,224	4,011	3,313	6,480	5,709	4,289
Change	-	-35.45%	-9.33%	24.41%	-17.4%	95.57%	-11.9%	-24.87%
P/E ratio	9.48x	9.84x	14.8x	317x	-5.1x	13.6x	6.01x	3.67x
PBR	-	-	-	-	-	-	-	-
PEG	-	-0.3x	-0.4x	-3.3x	0x	-0x	0x	0.1x
Capitalization / Revenue	3.29x	2.36x	2.2x	2.13x	1.69x	1.94x	1.51x	1.33x
EV / Revenue	3.08x	2.02x	1.86x	2.07x	1.74x	2.05x	1.4x	0.93x
EV / EBITDA	4.56x	3.2x	3.54x	3.7x	3.5x	3.66x	2.57x	1.42x
EV / EBIT	6.07x	4.93x	6.12x	5.88x	5.71x	4.55x	2.58x	1.54x
EV / FCF	9.23x	8.43x	12.7x	-36.3x	-140x	33.8x	5.75x	2.59x
FCF Yield	10.8%	11.9%	7.87%	-2.75%	-0.71%	2.96%	17.4%	38.7%
Dividend per Share ²	0.11	0.16	0.16	0.16	0.16	0.0796	0.08	0.08
Rate of return	1.97%	4.07%	4.5%	5.04%	6.54%	1.73%	1.74%	1.74%
EPS ²	0.59	0.4	0.24	0.01	-0.48	0.3394	0.7647	1.253
Distribution rate	18.6%	40%	66.7%	1,600%	-33.3%	23.5%	10.5%	6.39%
Net sales ¹	1,789	1,762	1,733	1,934	1,902	3,163	4,069	4,628
EBITDA ¹	1,209	1,111	911.1	1,085	947.8	1,773	2,217	3,019
EBIT ¹	907.1	720.7	527.2	682.6	580.4	1,425	2,215	2,781
Net income ¹	628.1	420.1	252.9	10.1	-629.9	521.5	1,026	1,666
Net Debt ¹	-369.7	-597.9	-594.7	-114.8	100.9	334.3	-436.7	-1,856
Reference price ²	5.596	3.935	3.554	3.173	2.446	4.599	4.599	4.599
Nbr of stocks (in thousands)	1,050,592	1,055,585	1,074,567	1,300,441	1,313,105	1,336,138	-	-
Announcement Date	2/23/21	2/23/22	2/22/23	2/21/24	2/19/25	-	-	-

¹USD in Million²USD

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
B2GOLD CORP.	13.81x	2.09x	3.72x	1.7%	6.26B
NEWMONT CORPORATION	13.88x	4.88x	8.2x	1.01%	108B
AGNICO EAGLE MINES LIMITED	20.59x	7.04x	10.39x	0.85%	85.55B
BARRICK MINING CORPORATION	19.01x	4.46x	7.27x	1.31%	72.8B
WHEATON PRECIOUS METALS CORP.	41.12x	24.81x	30.42x	0.56%	53.21B
ANGLOGOLD ASHANTI PLC	15.66x	4.34x	6.87x	3.27%	43.17B
KINROSS GOLD CORPORATION	16.38x	4.72x	7.74x	0.43%	34.45B
NORTHERN STAR RESOURCES LIMITED	17.07x	4.39x	7.82x	2.08%	25.31B
LUNDIN GOLD INC.	24.79x	10.61x	15.03x	3.44%	19.56B
ROYAL GOLD, INC.	27.77x	18.3x	22.3x	0.8%	18.44B
Average	21.01x	8.56x	11.98x	1.54%	46.71B
Weighted average by Cap.	20.54x	8.12x	11.59x	1.3%