BTG vs NEM vs BVN Stock Comparison

B2Gold, Newmont and Buenaventura Mining Prices as of Oct 28, 2026 Peers: Industry group
BTG B2Gold Corp
$5.13 -2.7% 1M +4.7% 1Y
Market cap
$6.57B
P/E
8.0x
Revenue (TTM)
—
Div. yield
–
Gold Basic Materials
2 wins
NEM NEWMONT Corp /DE/
$113.92 -1.9% 1M +43.6% 1Y
Market cap
$116.30B
P/E
12.6x
Revenue (TTM)
$26.61B
Div. yield
0.01%
Gold Basic Materials
4 wins

Head to Head

11 decided of 12

Buenaventura Mining leads on 5 of the 12 questions below (Buenaventura Mining 5, Newmont 4, B2Gold 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionBTGNEMBVNLeader
Larger companyMarket capitalisation $6.57B $116.30B $6.97B NEM
Cheaper on earningsLower P/E, profitable companies only 8.0x 12.6x 8.0x BVN
Cheaper on forward earningsLower price / next fiscal year consensus EPS 8.8x 11.9x 6.6x BVN
Faster revenue growthRevenue growth, trailing twelve months — +23.7% +75.7% BVN
More profitableNet margin, trailing twelve months — 34.7% 60.4% BVN
Better return on capitalReturn on invested capital 44.5% 8.6% — BTG
Less leveragedLower net debt / EBITDA 0.1x -0.5x — NEM
Higher dividend yieldTrailing dividend yield 0.00% 0.01% 0.00% –
Better 1-year returnPrice return, last 12 months +4.7% +43.6% +29.4% NEM
Better 5-year returnAnnualised price return, 5 years +4.4%/yr +16.1%/yr +29.4%/yr BVN
Less volatileAnnualised volatility, 1 year 60.4% 48.0% 52.6% NEM
Higher overall scoreMean of the five percentile scores vs peers 76/100 72/100 73/100 BTG

Percentile Scorecard

BTGNEMBVN

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

AxisBTGNEMBVN
Valuation 92 #14 of 162 73 #45 of 162 60 #65 of 162
Growth 84 #24 of 147 83 #26 of 147 85 #23 of 147
Profitability 96 #6 of 122 84 #21 of 122 78 #28 of 122
Financial Health 64 #60 of 164 54 #76 of 164 55 #75 of 164
Shareholder Returns 44 #60 of 107 65 #38 of 107 89 #13 of 107
Overall 76 72 73
  • BTG ranked among 176 companies in Metals and Mining
  • NEM ranked among 176 companies in Metals and Mining
  • BVN 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

PeriodBTGNEMBVNSPY
1 month -2.7%-1.9%-10.6% +0.9%
3 months +36.8%+24.7%-5.3% +5.9%
6 months +19.0%+5.9%-4.7% +8.5%
Year to date +13.7%+14.1%+2.8% +13.3%
1 year +4.7%+43.6%+29.4% +12.4%
3 years +57.8%+192.3%+239.0% +88.1%
3 years, per year +16.4%+43.0%+50.3% +23.5%
5 years +23.9%+111.0%+263.1% +68.2%
5 years, per year +4.4%+16.1%+29.4% +11.0%
10 years +84.5%+222.0%+121.6% +263.4%
10 years, per year +6.3%+12.4%+8.3% +13.8%

Risk

MeasureBTGNEMBVNSPY
Volatility, 1Y 60.4%48.0%52.6% 12.7%
Downside volatility, 1Y 60.6%51.3%56.9% 12.7%
Beta vs S&P 500, 1Y 2.131.801.88 1.00
Return / volatility, 1Y 0.080.910.56 0.98
Max drawdown, 5Y -53.7%-65.0%-54.0% -25.4%
From 52-week high -17.4%-15.7%-34.5% -0.9%
52-week high $6.21$135.14$43.67 $779.14
52-week low $3.64$78.90$21.16 $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.

MultipleBTGNEMBVN
P/E now vs peer median 8.3xmedian 13.4x 12.9xmedian 13.4x 8.3xmedian 13.4x
P/S now vs peer median —median 3.2x 4.4xmedian 3.2x 5.0xmedian 3.2x
EV/EBITDA now vs peer median 5.0xmedian 7.3x 14.1xmedian 7.3x —median 7.3x
P/FCF now vs peer median 6.9xmedian 14.8x 11.8xmedian 14.8x 69.6xmedian 14.8x
P/B now vs peer median 1.7xmedian 2.3x 3.3xmedian 2.3x 1.7xmedian 2.3x
PEG now vs peer median 0.44median 0.31 0.11median 0.31 0.63median 0.31

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 monthsBTGNEMBVN
Revenue – $26.61B $1.45B
Gross profit $1.86B $18.41B –
Operating income $1.93B $5.60B $349.40M
Net income $828.55M $9.44B $646.41M
Free cash flow $1.00B $10.07B –
R&D – $193.00M –
EPS (diluted) $0.55 $8.79 $1.08
Cash & equivalents $286.58M $8.83B $529.84M
Total debt $2.06B $5.09B $700.74M
Shares (diluted) 1.48B 1.05B 811.63M
Enterprise value $5.06B $81.44B $4.60B

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
MetricBTGNEMBVN
P/E 8.3x 12.9x 8.3x
P/FCF 6.9x 11.8x 69.6x
P/Operating cash flow 6.9x 9.0x –
P/S – 4.4x 5.0x
P/B 1.7x 3.3x 1.7x
P/Tangible book 1.7x 3.3x 1.7x
EV/EBITDA 5.0x 14.1x –
EV/EBIT 3.6x 20.5x 20.0x
EV/Revenue – 4.3x 4.8x
EV/FCF 7.0x 11.4x –
EV/Operating cash flow 7.0x 8.8x –
PEG (3Y EPS CAGR) 0.44 0.11 0.63

Growth

14 metrics
MetricBTGNEMBVN
Revenue growth (1Y) – 23.7% 75.7%
Revenue CAGR (3Y) – 34.0% 39.5%
Gross profit growth (1Y) 107.1% 41.0% –
Gross profit CAGR (3Y) 35.3% 55.7% –
Operating income growth (1Y) 1,748% 298.7% 252.6%
Operating income CAGR (3Y) 46.0% 45.7% 122.1%
Net income growth (1Y) 298.7% 30.4% 55.3%
Net income CAGR (3Y) 33.4% 136.8% 0.6%
EPS growth (1Y) 272.5% 34.6% 58.4%
EPS CAGR (3Y) 19.0% 119.7% 13.2%
Operating cash flow growth (1Y) 86.2% 42.0% –
Operating cash flow CAGR (3Y) 9.5% 60.7% –
Free cash flow growth (1Y) 86.2% 64.6% –
Free cash flow CAGR (3Y) 9.5% 136.1% –

Profitability

14 metrics
MetricBTGNEMBVN
Gross margin – 69.2% –
EBITDA margin – 30.6% –
Operating margin – 21.0% 24.1%
Pretax margin – 52.8% 55.1%
Net margin – 34.7% 60.4%
FCF margin – 37.9% –
Operating cash flow margin – 49.2% –
Return on equity 44.1% 26.5% 16.5%
Return on assets 29.1% 16.3% 11.7%
Return on invested capital 44.5% 8.6% –
Return on capital employed – 10.7% 7.0%
Asset turnover – 0.5x 0.3x
Cash conversion (OCF / net income) 1.2x 1.4x –
Stock comp / revenue – – –

Financial Health

11 metrics
MetricBTGNEMBVN
Debt / assets 7.9% 8.7% 11.6%
Debt / equity 0.1x 0.1x 0.2x
Net debt / EBITDA 0.1x -0.5x –
Debt / FCF 0.5x 0.5x –
Liabilities / assets 30.3% 38.4% 29.1%
Equity / assets 69.7% 61.6% 70.9%
Interest coverage 31.7x – –
Current ratio – 2.5x 2.0x
Quick ratio – 1.9x 3.8x
Cash ratio – 1.6x 1.7x
Altman Z-score – 4.28 3.70

Shareholder Returns

7 metrics
MetricBTGNEMBVN
Dividend yield 1.6% 0.9% 3.9%
Net buyback yield -3.5% 4.8% –
Shareholder yield -2.0% 5.7% 3.9%
Payout ratio (earnings) – 11.7% –
Payout ratio (FCF) – 10.9% –
Dividend growth (1Y) – -1.2% –
Dividend CAGR (3Y) – -7.4% –

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.

ConsensusBTGNEMBVN
Forward P/E 8.8xFY2026 11.9xFY2026 6.6xFY2026
EPS, next fiscal year $0.58FY2026 $9.57FY2026 $4.31FY2026
EPS growth, next FY +26.1%FY2026 +38.9%FY2026 +39.9%FY2026
EPS growth, the year after +51.7% +10.1% -8.8%
Revenue, next fiscal year $3.59BFY2026 $24.82BFY2026 $2.16BFY2026
Revenue growth, next FY +17.5%FY2026 +9.5%FY2026 +24.9%FY2026
Revenue growth, the year after +25.6% +20.0% +10.9%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersBTGNEMBVN
Held by institutions 59.9% 77.2% 44.5%
Institutions holding 301 1,787 273
Change in shares held, QoQ +6.2% +1.5% -0.7%
Institutions buying 155 842 143
Institutions selling 85 719 99
Buyers to sellers 1.82 1.17 1.44

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.

BTGNEMBVN
BTG 1.00 0.78 0.70
NEM 0.78 1.00 0.80
BVN 0.70 0.80 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, BTG, NEM and BVN?

Newmont (NEM) is the largest by market capitalisation: B2Gold (BTG) $6.57B, Newmont (NEM) $116.30B, Buenaventura Mining (BVN) $6.97B.

Which stock is cheaper, BTG, NEM and BVN?

Buenaventura Mining (BVN) trades on the lowest price-to-earnings ratio (B2Gold (BTG) 8.0x, Newmont (NEM) 12.6x, Buenaventura Mining (BVN) 8.0x). On next year's consensus earnings, Buenaventura Mining (BVN) is cheapest (B2Gold (BTG) 8.8x, Newmont (NEM) 11.9x, Buenaventura Mining (BVN) 6.6x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Buenaventura Mining (BVN) grew revenue fastest over the trailing twelve months: Newmont (NEM) +23.7%, Buenaventura Mining (BVN) +75.7%.

Which company is more profitable?

Buenaventura Mining (BVN) has the highest net margin (Newmont (NEM) 34.7%, Buenaventura Mining (BVN) 60.4%). On return on invested capital, B2Gold (BTG) leads (B2Gold (BTG) 44.5%, Newmont (NEM) 8.6%).

Which stock has performed better?

Over the past year Newmont (NEM) returned the most: B2Gold (BTG) +4.7%, Newmont (NEM) +43.6%, Buenaventura Mining (BVN) +29.4%. Over five years, Buenaventura Mining (BVN) compounded fastest (B2Gold (BTG) +4.4%/yr, Newmont (NEM) +16.1%/yr, Buenaventura Mining (BVN) +29.4%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: B2Gold (BTG) 0.00%, Newmont (NEM) 0.01%, Buenaventura Mining (BVN) 0.00%. B2Gold (BTG) and Buenaventura Mining (BVN) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Newmont (NEM) has been the steadiest (B2Gold (BTG) 60.4%, Newmont (NEM) 48.0%, Buenaventura Mining (BVN) 52.6%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, BTG, NEM and BVN?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Buenaventura Mining (BVN) 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.