B2Gold Corp.

LSE:0QYN Stock Report

Market Cap: CA$7.7b

B2Gold Management

Management criteria checks 4/4

B2Gold's CEO is Mike Cinnamond, appointed in Jun 2026, has a tenure of less than a year. total yearly compensation is $2.46M, comprised of 19.3% salary and 80.7% bonuses, including company stock and options. directly owns 0.023% of the company’s shares, worth CA$1.75M. The average tenure of the management team and the board of directors is 6.8 years and 3.1 years respectively.

Key information

Mike Cinnamond

Chief executive officer

US$2.5m

Total compensation

CEO salary percentage19.29%
CEO tenureless than a year
CEO ownership0.02%
Management average tenure6.8yrs
Board average tenure3.1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Mike Cinnamond's remuneration changed compared to B2Gold's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2026n/an/a

US$544m

Dec 31 2025US$2mUS$475k

US$402m

Sep 30 2025n/an/a

US$219m

Jun 30 2025n/an/a

-US$434m

Mar 31 2025n/an/a

-US$612m

Dec 31 2024US$2mUS$475k

-US$630m

Sep 30 2024n/an/a

-US$731m

Jun 30 2024n/an/a

-US$141m

Mar 31 2024n/an/a

-US$36m

Dec 31 2023US$2mUS$475k

US$10m

Sep 30 2023n/an/a

US$281m

Jun 30 2023n/an/a

US$301m

Mar 31 2023n/an/a

US$258m

Dec 31 2022US$2mUS$480k

US$253m

Sep 30 2022n/an/a

US$232m

Jun 30 2022n/an/a

US$379m

Mar 31 2022n/an/a

US$409m

Dec 31 2021US$2mUS$514k

US$420m

Sep 30 2021n/an/a

US$452m

Jun 30 2021n/an/a

US$591m

Mar 31 2021n/an/a

US$647m

Dec 31 2020US$2mUS$511k

US$628m

Sep 30 2020n/an/a

US$633m

Jun 30 2020n/an/a

US$411m

Mar 31 2020n/an/a

US$328m

Dec 31 2019US$5mUS$454k

US$286m

Compensation vs Market: Mike's total compensation ($USD2.46M) is below average for companies of similar size in the UK market ($USD4.38M).

Compensation vs Earnings: Mike's compensation has been consistent with company performance over the past year.

CEO

Mike Cinnamond (59 yo)

less than a year
Tenure
US$2,459,943
Compensation

Mr. Michael Andrew Cinnamond, also known as Mike, C.P.A., L.L.B., also known as Mike, is President, CEO & Director of B2Gold Corp. from June 4, 2026. He is Director of Oklo Resources Limited from September...

Leadership Team

NamePositionTenureCompensationOwnership
Kelvin Paul Dushnisky
Executive Chair of the Board3.1yrsUS$420.73k0.0075%
CA$ 576.4k
Michael Cinnamond
Presidentless than a yearUS$2.46m0.023%
CA$ 1.8m
William Lytle
Senior VP of Operations & COO15.6yrsUS$2.46m0.016%
CA$ 1.2m
Randall Chatwin
Senior Vice President of Legal & Corporate Communications6.8yrsUS$2.38m0.0098%
CA$ 752.1k
Victor King
Senior Vice President of Exploration12.6yrsUS$2.17m0.019%
CA$ 1.5m
Michael McDonald
Senior VP4.5yrsno data0.0029%
CA$ 221.0k
Ninette Krohnert
Vice President of Human Resourcesno datano data0.0044%
CA$ 338.5k
Dennis Stansbury
Senior Vice President of Engineering & Project Evaluations19.3yrsUS$2.18m0.29%
CA$ 22.1m
Ken Jones
Director of Sustainabilityno datano datano data
Kerry Suffolk
Treasurerno datano datano data
Fareen Mohan
Treasurerno datano datano data
Peter Montano
Vice President of Projectsno datano data0.000060%
CA$ 4.6k
6.8yrs
Average Tenure
59yo
Average Age

Experienced Management: 0QYN's management team is seasoned and experienced (6.8 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Kelvin Paul Dushnisky
Executive Chair of the Board3.1yrsUS$420.73k0.0075%
CA$ 576.4k
Michael Cinnamond
Presidentless than a yearUS$2.46m0.023%
CA$ 1.8m
Clive Johnson
Chair Emeritus19.6yrsUS$4.84m0%
CA$ 0
Jerry Korpan
Independent Director18.7yrsUS$267.16k0.19%
CA$ 14.3m
Kevin Bullock
Independent Director12.6yrsUS$276.78k0.0032%
CA$ 246.4k
Greg Barnes
Lead Independent Director1.7yrsUS$252.05k0.0037%
CA$ 287.8k
Mary-Lynn Oke
Independent Directorless than a yearUS$96.79k0.00066%
CA$ 50.7k
D. C. Maree
Independent Director1.7yrsUS$241.10k0.0084%
CA$ 642.4k
Robin Weisman
Independent Director8.8yrsUS$289.06k0.00025%
CA$ 19.2k
Thabile Makgala
Independent Director3.1yrsUS$247.34kno data
Liane Kelly
Independent Director6.5yrsUS$288.73kno data
3.1yrs
Average Tenure
62yo
Average Age

Experienced Board: 0QYN's board of directors are considered experienced (3.1 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/07 20:34
End of Day Share Price 2026/07/07 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

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

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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 24 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Richard GrayATB Cormark
Brian QuastBMO Capital Markets Equity Research
Lawson WinderBofA Global Research