B2Gold (TSE:BTO) Rating Increased to Strong-Buy at Canadian Imperial Bank of Commerce

Canadian Imperial Bank of Commerce upgraded shares of B2Gold (TSE:BTO) (NYSE:BTG) from a hold rating to a strong-buy rating in a research note published on Monday morning,Zacks.com reports.

Several other research firms also recently commented on BTO. ATB Cormark Capital Markets raised shares of B2Gold from a “hold” rating to a “moderate buy” rating and lifted their price target for the stock from C$6.50 to C$11.00 in a research note on Monday. National Bank Financial cut their price objective on shares of B2Gold from C$10.70 to C$9.75 and set an “outperform” rating for the company in a research note on Tuesday, July 14th. TD raised shares of B2Gold from a “hold” rating to a “buy” rating and increased their target price for the company from C$6.00 to C$8.50 in a report on Monday. TD Securities upgraded shares of B2Gold from a “hold” rating to a “strong-buy” rating in a research report on Monday. Finally, Scotia raised shares of B2Gold from a “sector perform” rating to a “sector outperform” rating and set a C$10.00 price target for the company in a research note on Monday. Three analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, B2Gold currently has a consensus rating of “Buy” and a consensus target price of C$9.33.

B2Gold Price Performance

Shares of B2Gold stock opened at C$7.05 on Monday. The firm has a market capitalization of C$9.31 billion, a PE ratio of 12.59, a price-to-earnings-growth ratio of -0.27 and a beta of 1.74. The company has a current ratio of 1.58, a quick ratio of 3.33 and a debt-to-equity ratio of 11.48. B2Gold has a 12 month low of C$4.99 and a 12 month high of C$8.60. The business’s 50-day moving average price is C$5.70 and its 200-day moving average price is C$6.43.

B2Gold (TSE:BTO) (NYSE:BTG) last released its earnings results on Thursday, August 6th. The company reported C$0.04 earnings per share for the quarter. The company had revenue of C$1.12 billion during the quarter. B2Gold had a return on equity of 21.87% and a net margin of 21.20%. Sell-side analysts forecast that B2Gold will post 0.5596659 EPS for the current fiscal year.

B2Gold Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 23rd. Shareholders of record on Tuesday, June 23rd were paid a $0.02 dividend. This represents a $0.08 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend was Wednesday, June 10th. B2Gold’s payout ratio is 14.29%.

Insider Transactions at B2Gold

In other news, insider William Lytle sold 14,089 shares of the firm’s stock in a transaction that occurred on Friday, July 3rd. The shares were sold at an average price of C$5.88, for a total value of C$82,843.32. Following the transaction, the insider owned 218,475 shares in the company, valued at approximately C$1,284,633. This trade represents a 6.06% decrease in their ownership of the stock. Also, insider Ninette Krohnert sold 4,700 shares of B2Gold stock in a transaction on Friday, July 3rd. The stock was sold at an average price of C$5.88, for a total transaction of C$27,636.00. Following the completion of the transaction, the insider directly owned 62,557 shares in the company, valued at approximately C$367,835.16. The trade was a 6.99% decrease in their ownership of the stock. In the last ninety days, insiders have sold 227,252 shares of company stock valued at $1,401,375. Insiders own 0.66% of the company’s stock.

B2Gold News Summary

Here are the key news stories impacting B2Gold this week:

• Positive Sentiment: Mali project receives approval: B2Gold reportedly received the “green light” for its Mali operations, a potentially important catalyst that reduces regulatory uncertainty and supports the company’s operating outlook. B2Gold up 22% as it receives green light for Mali
• Positive Sentiment: TD Securities raised its view: TD upgraded B2Gold from “hold” to “buy” and increased its price target to C$8.50 from C$6.00, implying roughly 21% upside from the cited C$7.04 price. A subsequent update also listed TD’s rating as “strong-buy.” BayStreet analyst ratings
• Positive Sentiment: Scotiabank became more bullish: Scotia upgraded B2Gold from “sector perform” to “sector outperform” and set a C$10.00 target, representing approximately 42% upside from the cited price. The bank was also reported as moving from “hold” to “strong-buy.” BayStreet analyst ratings
• Positive Sentiment: ATB Cormark raised its target sharply: The firm upgraded B2Gold from “hold” to “moderate buy” and lifted its target to C$11.00 from C$6.50, implying about 56% upside from the cited C$7.05 price. BayStreet analyst ratings
• Neutral Sentiment: The analyst revisions strengthen the near-term outlook, but price targets are estimates and the stock remains sensitive to gold prices, Mali execution and regulatory developments. Canadian Analyst Updates: August 10th, 2026

B2Gold Company Profile

B2Gold is a responsible international gold producer headquartered in Vancouver, Canada. Founded in 2007, today, B2Gold has operating gold mines in Canada, Mali, Namibia and the Philippines, and numerous development and exploration projects in various countries.