BTG vs EGO vs KGC Stock Comparison

B2Gold, Eldorado Gold and Kinross Gold Prices as of Oct 29, 2026 Peers: Industry group
BTG B2Gold Corp
$4.98 -6.7% 1M +4.4% 1Y
Market cap
$6.04B
P/E
7.4x
Revenue (TTM)
—
Div. yield
–
Gold Basic Materials
3 wins
EGO Eldorado Gold Corp /Fi
$32.38 -16.8% 1M +29.1% 1Y
Market cap
$6.19B
P/E
9.8x
Revenue (TTM)
$18.04B
Div. yield
–
Gold Basic Materials
3 wins
KGC Kinross Gold Corp
$21.58 -11.3% 1M -6.6% 1Y
Market cap
$24.32B
P/E
7.7x
Revenue (TTM)
$8.44B
Div. yield
0.00%
Gold Basic Materials
5 wins

Head to Head

11 decided of 12

Kinross Gold leads on 5 of the 12 questions below (Kinross Gold 5, B2Gold 3, Eldorado Gold 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionBTGEGOKGCLeader
Larger companyMarket capitalisation $6.04B $6.19B $24.32B KGC
Cheaper on earningsLower P/E, profitable companies only 7.4x 9.8x 7.7x BTG
Cheaper on forward earningsLower price / next fiscal year consensus EPS 8.6x 10.8x 9.1x BTG
Faster revenue growthRevenue growth, trailing twelve months — +37.4% +31.0% EGO
More profitableNet margin, trailing twelve months — 3.5% 37.6% KGC
Better return on capitalReturn on invested capital 44.5% 8.3% 41.6% BTG
Less leveragedLower net debt / EBITDA 0.1x 1.3x -0.3x KGC
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +4.4% +29.1% -6.6% EGO
Better 5-year returnAnnualised price return, 5 years +3.8%/yr +29.3%/yr +29.2%/yr EGO
Less volatileAnnualised volatility, 1 year 60.5% 60.2% 54.7% KGC
Higher overall scoreMean of the five percentile scores vs peers 76/100 60/100 78/100 KGC

Percentile Scorecard

BTGEGOKGC

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisBTGEGOKGC
Valuation 93 #13 of 163 91 #15 of 163 90 #17 of 163
Growth 84 #24 of 148 87 #20 of 148 82 #27 of 148
Profitability 96 #6 of 123 46 #67 of 123 99 #2 of 123
Financial Health 65 #58 of 164 31 #114 of 164 76 #40 of 164
Shareholder Returns 41 #64 of 108 46 #59 of 108 40 #65 of 108
Overall 76 60 78
  • BTG ranked among 176 companies in Metals and Mining
  • EGO ranked among 176 companies in Metals and Mining
  • KGC ranked among 176 companies in Metals and Mining

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodBTGEGOKGCSPY
1 month -6.7%-16.8%-11.3% +0.7%
3 months +29.0%-1.0%-8.7% +3.7%
6 months +10.7%+4.1%-28.6% +7.1%
Year to date +10.4%-9.9%-23.4% +12.8%
1 year +4.4%+29.1%-6.6% +11.9%
3 years +53.7%+197.6%+309.5% +85.2%
3 years, per year +15.4%+43.9%+60.0% +22.8%
5 years +20.3%+261.4%+259.1% +67.6%
5 years, per year +3.8%+29.3%+29.2% +10.9%
10 years +79.1%+94.5%+477.0% +262.0%
10 years, per year +6.0%+6.9%+19.2% +13.7%

Risk

MeasureBTGEGOKGCSPY
Volatility, 1Y 60.5%60.2%54.7% 12.7%
Downside volatility, 1Y 60.6%61.2%57.4% 12.6%
Beta vs S&P 500, 1Y 2.142.021.96 1.00
Return / volatility, 1Y 0.070.48-0.12 0.94
Max drawdown, 5Y -53.7%-57.7%-56.0% -25.4%
From 52-week high -19.8%-34.9%-43.3% -1.2%
52-week high $6.21$49.71$38.07 $779.14
52-week low $3.64$24.93$21.58 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleBTGEGOKGC
P/E now vs peer median 8.1xmedian 13.2x 10.4xmedian 13.2x 8.3xmedian 13.2x
P/S now vs peer median —median 3.1x 0.4xmedian 3.1x 3.1xmedian 3.1x
EV/EBITDA now vs peer median 4.9xmedian 7.2x 6.6xmedian 7.2x 4.4xmedian 7.2x
P/FCF now vs peer median 6.7xmedian 15.2x 36.2xmedian 15.2x 4.7xmedian 15.2x
P/B now vs peer median 1.7xmedian 2.2x 0.9xmedian 2.2x 2.6xmedian 2.2x
PEG now vs peer median 0.42median 0.30 0.09median 0.30 0.07median 0.30

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsBTGEGOKGC
Revenue – $18.04B $8.44B
Gross profit $1.86B $1.10B $4.90B
Operating income $1.93B $971.70M $4.47B
Net income $828.55M $660.53M $3.21B
Free cash flow $1.00B $177.66M $5.48B
R&D – $51.20M $170.00M
EPS (diluted) $0.55 $3.08 $2.59
Cash & equivalents $286.58M $396.83M $2.64B
Total debt $2.06B $1.99B $816.70M
Shares (diluted) 1.48B 205.41M 1.22B
Enterprise value $4.53B $3.67B $14.24B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricBTGEGOKGC
P/E 8.1x 10.4x 8.3x
P/FCF 6.7x 36.2x 4.7x
P/Operating cash flow 6.7x 15.1x 5.5x
P/S – 0.4x 3.1x
P/B 1.7x 0.9x 2.6x
P/Tangible book 1.7x 0.9x 2.6x
EV/EBITDA 4.9x 6.6x 4.4x
EV/EBIT 3.5x 8.2x 5.4x
EV/Revenue – 0.4x 2.9x
EV/FCF 6.8x 45.1x 4.4x
EV/Operating cash flow 6.8x 18.8x 5.1x
PEG (3Y EPS CAGR) 0.42 0.09 0.07

Growth

14 metrics
MetricBTGEGOKGC
Revenue growth (1Y) – 37.4% 31.0%
Revenue CAGR (3Y) – 167.0% 26.2%
Gross profit growth (1Y) 107.1% 42.7% 61.9%
Gross profit CAGR (3Y) 35.3% 68.6% 79.0%
Operating income growth (1Y) 1,748% 54.3% 68.2%
Operating income CAGR (3Y) 46.0% 35.7% 115.3%
Net income growth (1Y) 298.7% 81.3% 74.0%
Net income CAGR (3Y) 33.4% 59.5% 56.0%
EPS growth (1Y) 272.5% 70.2% 91.2%
EPS CAGR (3Y) 19.0% 113.5% 119.3%
Operating cash flow growth (1Y) 86.2% -7.1% 27.4%
Operating cash flow CAGR (3Y) 9.5% 23.8% 38.4%
Free cash flow growth (1Y) 86.2% 426.1% 31.1%
Free cash flow CAGR (3Y) 9.5% 391.0% 34.6%

Profitability

14 metrics
MetricBTGEGOKGC
Gross margin – 6.1% 58.0%
EBITDA margin – 6.7% 65.2%
Operating margin – 5.4% 52.9%
Pretax margin – 5.0% 52.3%
Net margin – 3.5% 37.6%
FCF margin – 1.0% 64.9%
Operating cash flow margin – 2.4% 55.9%
Return on equity 44.1% 9.7% 32.3%
Return on assets 29.1% – 23.3%
Return on invested capital 44.5% 8.3% 41.6%
Return on capital employed – – –
Asset turnover – – 0.6x
Cash conversion (OCF / net income) 1.2x 0.6x 1.5x
Stock comp / revenue – 0.1% 0.2%

Financial Health

11 metrics
MetricBTGEGOKGC
Debt / assets 7.9% – 5.9%
Debt / equity 0.1x 0.3x 0.1x
Net debt / EBITDA 0.1x 1.3x -0.3x
Debt / FCF 0.5x 11.2x 0.1x
Liabilities / assets 30.3% – 27.6%
Equity / assets 69.7% – 72.4%
Interest coverage 31.7x 64.4x 171.8x
Current ratio – – –
Quick ratio – – –
Cash ratio – – –
Altman Z-score – – –

Shareholder Returns

7 metrics
MetricBTGEGOKGC
Dividend yield 1.6% 0.6% 0.7%
Net buyback yield -3.6% -0.8% -1.6%
Shareholder yield -2.0% -0.1% -0.9%
Payout ratio (earnings) – – 3.1%
Payout ratio (FCF) – – 1.8%
Dividend growth (1Y) – – -145.6%
Dividend CAGR (3Y) – – -38.0%

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusBTGEGOKGC
Forward P/E 8.6xFY2026 10.8xFY2026 9.1xFY2026
EPS, next fiscal year $0.58FY2026 $3.01FY2026 $2.36FY2026
EPS growth, next FY +26.1%FY2026 +73.0%FY2026 +29.0%FY2026
EPS growth, the year after +51.7% +73.4% +6.8%
Revenue, next fiscal year $3.59BFY2026 $2.77BFY2026 $8.30BFY2026
Revenue growth, next FY +17.5%FY2026 +53.2%FY2026 +18.1%FY2026
Revenue growth, the year after +25.6% +45.6% +3.8%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersBTGEGOKGC
Held by institutions 59.9% 96.7% –
Institutions holding 301 238 –
Change in shares held, QoQ +6.2% +37.6% –
Institutions buying 155 151 –
Institutions selling 85 58 –
Buyers to sellers 1.82 2.60 –

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

BTGEGOKGC
BTG 1.00 0.73 0.81
EGO 0.73 1.00 0.81
KGC 0.81 0.81 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, BTG, EGO and KGC?

Kinross Gold (KGC) is the largest by market capitalisation: B2Gold (BTG) $6.04B, Eldorado Gold (EGO) $6.19B, Kinross Gold (KGC) $24.32B.

Which stock is cheaper, BTG, EGO and KGC?

B2Gold (BTG) trades on the lowest price-to-earnings ratio (B2Gold (BTG) 7.4x, Eldorado Gold (EGO) 9.8x, Kinross Gold (KGC) 7.7x). On next year's consensus earnings, B2Gold (BTG) is cheapest (B2Gold (BTG) 8.6x, Eldorado Gold (EGO) 10.8x, Kinross Gold (KGC) 9.1x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Eldorado Gold (EGO) grew revenue fastest over the trailing twelve months: Eldorado Gold (EGO) +37.4%, Kinross Gold (KGC) +31.0%.

Which company is more profitable?

Kinross Gold (KGC) has the highest net margin (Eldorado Gold (EGO) 3.5%, Kinross Gold (KGC) 37.6%). On return on invested capital, B2Gold (BTG) leads (B2Gold (BTG) 44.5%, Eldorado Gold (EGO) 8.3%, Kinross Gold (KGC) 41.6%).

Which stock has performed better?

Over the past year Eldorado Gold (EGO) returned the most: B2Gold (BTG) +4.4%, Eldorado Gold (EGO) +29.1%, Kinross Gold (KGC) -6.6%. Over five years, Eldorado Gold (EGO) compounded fastest (B2Gold (BTG) +3.8%/yr, Eldorado Gold (EGO) +29.3%/yr, Kinross Gold (KGC) +29.2%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Kinross Gold (KGC) has been the steadiest (B2Gold (BTG) 60.5%, Eldorado Gold (EGO) 60.2%, Kinross Gold (KGC) 54.7%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, BTG, EGO and KGC?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Kinross Gold (KGC) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.