B2Gold (BTG) Enterprise Value (2012 - 2026)
B2Gold (BTG) posted quarterly Enterprise Value of -$678.6 million for Q1 2026, down 114.32% year-over-year from $4.7 billion in Q1 2025, and down 19.09% on a QoQ basis from -$569.8 million in Q4 2025.
B2Gold (BTG) Enterprise Value (2012 - 2026) Analysis & Trends
B2Gold (BTG) has reported Enterprise Value for 15 consecutive years, with -$678.6 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Enterprise Value fell 114.32% year-over-year to -$678.6 million; the TTM figure through Mar 2026 stood at -$678.6 million (down 114.32% YoY), while the FY2025 annual figure was -$569.8 million, down 99.26% from the prior year.
- Enterprise Value came in at -$678.6 million for Q1 2026 at B2Gold, down from -$569.8 million in the prior quarter.
- The five-year high for Enterprise Value was -$200.2 million in Q3 2023, with the low at -$678.6 million in Q1 2026.
- Average Enterprise Value over 5 years is -$414.4 million, with a median of -$389.2 million recorded in 2023.
- Across the five-year window, Enterprise Value surged 62.53% in 2023 and slumped 114.32% in 2026, its largest moves.
- Year by year, Enterprise Value stood at -$553.3 million in 2022, then jumped by 62.53% to -$207.3 million in 2023, then tumbled by 37.94% to -$285.9 million in 2024, then tumbled by 99.26% to -$569.8 million in 2025, then dropped by 19.09% to -$678.6 million in 2026.
- According to Business Quant data, Enterprise Value over the past three periods registered -$678.6 million, -$569.8 million, and -$358.9 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Enterprise Value (Qtr) |
|---|---|---|---|---|---|
| 1 | Barrick Mining | 978.09 Bn | 980.39 Bn | 3.12 Bn | 2.30 Bn |
| 2 | Trx Gold | 189.48 Bn | 189.48 Bn | 21.05 Mn | 1.26 Mn |
| 3 | Newmont | 101.22 Bn | 92.61 Bn | 7.29 Bn | -8.61 Bn |
| 4 | OR Royalties | 53.18 Bn | 53.08 Bn | 88.84 Mn | -94.94 Mn |
| 5 | Wheaton Precious Metals | 50.59 Bn | 48.43 Bn | 699.37 Mn | -2.16 Bn |
| 6 | Aura Minerals | 50.25 Bn | 50.25 Bn | 19.58 Mn | -3.35 Mn |
| 7 | Franco Nevada | 40.21 Bn | 39.50 Bn | 526.30 Mn | -714.70 Mn |
| 8 | Gold Fields | 30.19 Bn | 28.41 Bn | - | -1.78 Bn |
| 9 | Kinross Gold | 28.01 Bn | 25.95 Bn | 1.44 Bn | -2.06 Bn |
| 10 | B2Gold | 5.12 Bn | 5.16 Bn | 609.77 Mn | -678.57 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -678.57 Mn |
| Dec 31, 2025 | -569.78 Mn |
| Sep 30, 2025 | -358.90 Mn |
| Jun 30, 2025 | -294.11 Mn |
| Mar 31, 2025 | -316.61 Mn |
| Dec 31, 2024 | -285.95 Mn |
| Sep 30, 2024 | -279.23 Mn |
| Jun 30, 2024 | -377.89 Mn |
| Mar 31, 2024 | -464.35 Mn |
| Dec 31, 2023 | -207.30 Mn |
| Sep 30, 2023 | -200.23 Mn |
| Jun 30, 2023 | -389.18 Mn |
| Mar 31, 2023 | -557.68 Mn |
| Dec 31, 2022 | -553.29 Mn |
| Sep 30, 2022 | -469.86 Mn |
| Jun 30, 2022 | -501.77 Mn |
| Mar 31, 2022 | -539.94 Mn |
| Dec 31, 2021 | -585.11 Mn |
| Sep 30, 2021 | -462.61 Mn |
| Jun 30, 2021 | -306.19 Mn |