B2Gold (BTG) Enterprise Value (2012 - 2026)
B2Gold (BTG) recorded quarterly Enterprise Value of -$715.5 million in Q1 2026, down 25.58% quarter-over-quarter from -$569.8 million in Q4 2025, and down 119.53% on a YoY basis from $3.7 billion in Q1 2025.
B2Gold (BTG) Enterprise Value (2012 - 2026) Analysis & Trends
B2Gold's Enterprise Value history runs 15 years deep, the most recent figure standing at -$715.5 million for Q1 2026.
- In Q1 2026, Enterprise Value fell 119.53% year-over-year to -$715.5 million; the TTM figure through Mar 2026 stood at -$715.5 million (down 119.53% YoY), while the FY2025 annual figure was -$569.8 million, down 69.91% from the prior year.
- Enterprise Value was -$715.5 million for Q1 2026 at B2Gold, down from -$569.8 million in the prior quarter.
- In the past five years, Enterprise Value ranged from a high of -$203.4 million in Q1 2024 to a low of -$715.5 million in Q1 2026.
- Historically, Enterprise Value has averaged -$448.8 million across 5 years, with a median of -$428.4 million in 2024.
- The sharpest annual moves came in 2024 and 2026: Enterprise Value surged 68.12% in 2024, then plunged 119.53% in 2026.
- A 5-year view of Enterprise Value shows it stood at -$553.3 million in 2022, then jumped by 62.53% to -$207.3 million in 2023, then sank by 61.77% to -$335.3 million in 2024, then tumbled by 69.91% to -$569.8 million in 2025, then retreated by 25.58% to -$715.5 million in 2026.
- The last three Enterprise Value figures came in at -$715.5 million (Q1 2026), -$569.8 million (Q4 2025), and -$265.7 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Enterprise Value (Qtr) |
|---|---|---|---|---|---|
| 1 | Seabridge Gold | 2,186.27 Bn | 2,186.17 Bn | - | -92.53 Mn |
| 2 | Barrick Mining | 996.87 Bn | 999.60 Bn | 3.12 Bn | 2.73 Bn |
| 3 | Wheaton Precious Metals | 410.57 Bn | 409.42 Bn | 699.37 Mn | -1.15 Bn |
| 4 | Alamos Gold | 136.28 Bn | 135.62 Bn | 442.20 Mn | -667.50 Mn |
| 5 | Gold Fields | 128.61 Bn | 126.83 Bn | - | -1.78 Bn |
| 6 | Kinross Gold | 103.07 Bn | 100.89 Bn | 1.44 Bn | -2.19 Bn |
| 7 | Newmont | 100.59 Bn | 91.98 Bn | 7.29 Bn | -8.61 Bn |
| 8 | Equinox Gold | 47.64 Bn | 47.14 Bn | - | -499.62 Mn |
| 9 | AngloGold Ashanti | 44.52 Bn | 41.55 Bn | 1.94 Bn | -2.97 Bn |
| 10 | B2Gold | 13.96 Bn | 13.25 Bn | 609.77 Mn | -715.50 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -715.50 Mn |
| Dec 31, 2025 | -569.78 Mn |
| Sep 30, 2025 | -265.72 Mn |
| Jun 30, 2025 | -329.40 Mn |
| Mar 31, 2025 | -325.92 Mn |
| Dec 31, 2024 | -335.34 Mn |
| Sep 30, 2024 | -428.39 Mn |
| Jun 30, 2024 | -477.61 Mn |
| Mar 31, 2024 | -203.43 Mn |
| Dec 31, 2023 | -207.30 Mn |
| Sep 30, 2023 | -273.91 Mn |
| Jun 30, 2023 | -389.18 Mn |
| Mar 31, 2023 | -638.21 Mn |
| Dec 31, 2022 | -553.29 Mn |
| Sep 30, 2022 | -593.40 Mn |
| Jun 30, 2022 | -660.04 Mn |
| Mar 31, 2022 | -662.92 Mn |
| Dec 31, 2021 | -585.11 Mn |
| Sep 30, 2021 | -395.79 Mn |
| Jun 30, 2021 | -369.34 Mn |