B2Gold Corp.

TSX:BTO Stock Report

Market Cap: CA$8.5b

B2Gold Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

TSX:BTO Recent Insider Transactions by Companies or Individuals
DateValueNameEntityRoleSharesMax Price
18 Nov 25SellCA$1,110,000Jerry KorpanIndividual200,000CA$5.55
15 Oct 25SellCA$221,087Andrew BrownIndividual27,915CA$7.92
15 Oct 25SellCA$1,188,019Michael CinnamondIndividual150,000CA$7.92
25 Sep 25SellCA$675,000Michael CinnamondIndividual100,000CA$6.75
24 Sep 25BuyCA$68Robin WeismanIndividual10CA$6.80
24 Sep 25SellCA$47,670Randall ChatwinIndividual7,000CA$6.81
23 Sep 25SellCA$342,000Victor KingIndividual50,000CA$6.84
17 Sep 25SellCA$553,794William LytleIndividual92,453CA$5.99
17 Sep 25SellCA$605,000Michael CinnamondIndividual100,000CA$6.05
11 Sep 25SellCA$77Michael CinnamondIndividual13CA$5.93
04 Sep 25SellCA$39,200Randall ChatwinIndividual7,000CA$5.60
27 Aug 25SellCA$111,400Andrew BrownIndividual20,000CA$5.57
22 Aug 25SellCA$157,061Andrew BrownIndividual28,453CA$5.52
21 Aug 25SellCA$2,240Lindsay Mine Services LtdCompany414CA$5.41
18 Aug 25SellCA$80Daniel MooreIndividual15CA$5.32
14 Aug 25SellCA$235,946Peter MontanoIndividual44,102CA$5.35
13 Aug 25SellCA$37,310Randall ChatwinIndividual7,000CA$5.33
12 Aug 25SellCA$511,500Clive JohnsonIndividual100,000CA$5.13
04 Jul 25SellCA$57,155Randall ChatwinIndividual11,500CA$4.97
25 Jun 25BuyCA$69Robin WeismanIndividual14CA$4.92
04 Jun 25SellCA$35,175Randall ChatwinIndividual7,000CA$5.02
02 Jun 25SellCA$40,754Randall ChatwinIndividual8,200CA$4.97
12 May 25SellCA$66Dennis StansburyIndividual16CA$4.14
14 Apr 25SellCA$555,600Jerry KorpanIndividual120,000CA$4.63
08 Apr 25SellCA$376,972Clive JohnsonIndividual99,465CA$3.79
02 Apr 25SellCA$20,426Michael McDonaldIndividual4,922CA$4.15
21 Mar 25BuyCA$67Robin WeismanIndividual15CA$4.48
20 Mar 25BuyCA$946Michael McDonaldIndividual236CA$4.62
10 Mar 25BuyCA$91,048Neil ReederIndividual23,466CA$3.88
10 Mar 25BuyCA$131,516Michael McDonaldIndividual33,896CA$3.88
10 Mar 25SellCA$90,344Neil ReederIndividual23,466CA$3.85
10 Mar 25SellCA$130,500Michael McDonaldIndividual33,896CA$3.85
07 Mar 25SellCA$108,383Eduard BartzIndividual27,862CA$3.89
27 Feb 25BuyCA$451,575D. C. MareeIndividual111,500CA$4.05
26 Feb 25BuyCA$203,500Greg BarnesIndividual50,000CA$4.07
19 Dec 24SellCA$35,637Randall ChatwinIndividual10,153CA$3.51

Insider Trading Volume

Insider Buying: BTO insiders have sold more shares than they have bought in the past 3 months.

Ownership Breakdown

What is the ownership structure of BTO?
Owner TypeNumber of SharesOwnership Percentage
Private Companies9,5860.000717%
State or Government92,6000.00693%
Individual Insiders10,165,3300.761%
General Public449,845,41033.7%
Institutions876,024,81365.6%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 49.53% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
8.67%
Van Eck Associates Corporation
115,903,653CA$736.0m-11.7%0.36%
7.6%
FMR LLC
101,498,337CA$644.5m26.5%0.02%
4.34%
BlackRock, Inc.
58,027,210CA$368.5m0%no data
4.12%
The Vanguard Group, Inc.
55,005,249CA$349.3m2.57%no data
3.74%
Pale Fire Capital SE
50,015,909CA$317.6m-23.9%24.21%
2.55%
American Century Investment Management Inc
34,067,358CA$216.3m14.6%0.06%
2.33%
Dimensional Fund Advisors LP
31,137,730CA$197.7m4.91%0.02%
1.61%
Two Sigma Investments, LP
21,486,019CA$136.4m-23.6%0.16%
1.36%
Arrowstreet Capital, Limited Partnership
18,171,486CA$115.4m-47%0.05%
1.26%
Two Sigma Advisers, LP
16,805,180CA$106.7m-30.2%0.16%
1.25%
Norges Bank Investment Management
16,738,764CA$106.3m0%0.01%
0.98%
Connor, Clark & Lunn Investment Management Ltd.
13,119,360CA$83.3m34.4%0.18%
0.96%
First Eagle Investment Management, LLC
12,870,583CA$81.7m0.11%0.06%
0.9%
Baker Steel Capital Managers LLP
12,002,500CA$76.2m0%2.8%
0.88%
D. E. Shaw & Co., L.P.
11,748,339CA$74.6m6,800%0.05%
0.87%
BMO Asset Management Corp.
11,689,261CA$74.2m18%0.02%
0.77%
Invesco Ltd.
10,233,332CA$65.0m13.3%0.01%
0.75%
Fidelity International Ltd
10,057,417CA$63.9m18,700%0.02%
0.73%
Franklin Resources, Inc.
9,760,647CA$62.0m-6.04%0.01%
0.69%
Point72 Asset Management, L.P.
9,200,025CA$58.4m239%0.07%
0.69%
Deutsche Asset & Wealth Management
9,165,239CA$58.2m22.2%0.01%
0.68%
Morgan Stanley
9,032,582CA$57.4m1.73%no data
0.67%
Amundi Asset Management SAS
9,000,638CA$57.2m51.6%0.01%
0.56%
Euro Pacific Asset Management, LLC
7,544,575CA$47.9m8.5%2.66%
0.56%
Susquehanna International Group, LLP
7,449,482CA$47.3m58.6%0.05%

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/12/15 14:17
End of Day Share Price 2025/12/12 00:00
Earnings2025/09/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

B2Gold Corp. is covered by 27 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Brian QuastBMO Capital Markets Equity Research
Lawson WinderBofA Global Research
Carey MacRuryCanaccord Genuity