B2Gold (BTG) Divestments (2012 - 2026)
B2Gold (BTG) posted quarterly Divestments of -$176.0 million for Q1 2026, up 9.76% year-over-year from -$160.4 million in Q1 2025, and up 4.21% on a QoQ basis from -$183.8 million in Q4 2025.
B2Gold (BTG) Divestments (2012 - 2026) Analysis & Trends
B2Gold (BTG) has reported Divestments for 15 consecutive years, with -$176.0 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Divestments rose 9.76% year-over-year to -$176.0 million; the TTM figure through Mar 2026 stood at -$873.7 million (down 21.55% YoY), while the FY2025 annual figure was -$892.7 million, down 16.96% from the prior year.
- Divestments came in at -$176.0 million for Q1 2026 at B2Gold, up from -$183.8 million in the prior quarter.
- The five-year high for Divestments was -$55.5 million in Q3 2022, with the low at -$287.4 million in Q4 2023.
- Average Divestments over 5 years is -$180.4 million, with a median of -$183.8 million recorded in 2025.
- Across the five-year window, Divestments tumbled 323.01% in 2023 and surged 43.5% in 2024, its largest moves.
- Year by year, Divestments stood at -$120.6 million in 2022, then slumped by 138.27% to -$287.4 million in 2023, then grew by 12.33% to -$252.0 million in 2024, then rose by 27.07% to -$183.8 million in 2025, then grew by 4.21% to -$176.0 million in 2026.
- According to Business Quant data, Divestments over the past three periods registered -$176.0 million, -$183.8 million, and -$277.5 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Divestments (Qtr) |
|---|---|---|---|---|---|
| 1 | Barrick Mining | 978.09 Bn | 980.39 Bn | 3.12 Bn | -4.00 Mn |
| 2 | Trx Gold | 189.48 Bn | 189.48 Bn | 21.05 Mn | - |
| 3 | Newmont | 101.22 Bn | 92.61 Bn | 7.29 Bn | - |
| 4 | OR Royalties | 53.18 Bn | 53.08 Bn | 88.84 Mn | - |
| 5 | Wheaton Precious Metals | 50.59 Bn | 48.43 Bn | 699.37 Mn | - |
| 6 | Aura Minerals | 50.25 Bn | 50.25 Bn | 19.58 Mn | - |
| 7 | Franco Nevada | 40.21 Bn | 39.50 Bn | 526.30 Mn | - |
| 8 | Gold Fields | 30.19 Bn | 28.41 Bn | - | - |
| 9 | Kinross Gold | 28.01 Bn | 25.95 Bn | 1.44 Bn | - |
| 10 | B2Gold | 5.12 Bn | 5.16 Bn | 609.77 Mn | -176.04 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -176.04 Mn |
| Dec 31, 2025 | -183.77 Mn |
| Sep 30, 2025 | -277.46 Mn |
| Jun 30, 2025 | -236.44 Mn |
| Mar 31, 2025 | -195.08 Mn |
| Dec 31, 2024 | -251.97 Mn |
| Sep 30, 2024 | -163.35 Mn |
| Jun 30, 2024 | -108.41 Mn |
| Mar 31, 2024 | -239.58 Mn |
| Dec 31, 2023 | -287.42 Mn |
| Sep 30, 2023 | -234.95 Mn |
| Jun 30, 2023 | -191.89 Mn |
| Mar 31, 2023 | -131.09 Mn |
| Dec 31, 2022 | -120.63 Mn |
| Sep 30, 2022 | -55.54 Mn |
| Jun 30, 2022 | -134.77 Mn |
| Mar 31, 2022 | -77.84 Mn |
| Dec 31, 2021 | -84.49 Mn |
| Sep 30, 2021 | -76.50 Mn |
| Jun 30, 2021 | -65.96 Mn |