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
DateValue
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