B2Gold (BTG) Inventory Average (2013 - 2026)
B2Gold (BTG) recorded quarterly Inventory Average of $645.3 million in Q1 2026, up 5.29% quarter-over-quarter from $612.9 million in Q4 2025, and up 27.38% on a YoY basis from $506.6 million in Q1 2025.
B2Gold (BTG) Inventory Average (2013 - 2026) Analysis & Trends
B2Gold's Inventory Average history runs 14 years deep, the most recent figure standing at $645.3 million for Q1 2026.
- In Q1 2026, Inventory Average rose 27.38% year-over-year to $645.3 million; the TTM figure through Mar 2026 stood at $645.3 million (up 27.38% YoY), while the FY2025 annual figure was $552.4 million, up 34.07% from the prior year.
- Inventory Average was $645.3 million for Q1 2026 at B2Gold, up from $612.9 million in the prior quarter.
- In the past five years, Inventory Average ranged from a high of $645.3 million in Q1 2026 to a low of $275.7 million in Q1 2022.
- Historically, Inventory Average has averaged $408.6 million across 5 years, with a median of $345.1 million in 2023.
- The sharpest annual moves came in 2024 and 2025: Inventory Average rose 0.53% in 2024, then surged 53.61% in 2025.
- A 5-year view of Inventory Average shows it stood at $312.9 million in 2022, then increased by 10.27% to $345.1 million in 2023, then advanced by 23.99% to $427.9 million in 2024, then jumped by 43.25% to $612.9 million in 2025, then advanced by 5.29% to $645.3 million in 2026.
- The last three Inventory Average figures came in at $645.3 million (Q1 2026), $612.9 million (Q4 2025), and $579.8 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Seabridge Gold | 2,186.27 Bn | 2,186.17 Bn | - | - |
| 2 | Barrick Mining | 996.87 Bn | 999.60 Bn | 3.12 Bn | 2.11 Bn |
| 3 | Wheaton Precious Metals | 410.57 Bn | 409.42 Bn | 699.37 Mn | - |
| 4 | Alamos Gold | 136.28 Bn | 135.62 Bn | 442.20 Mn | 229.70 Mn |
| 5 | Gold Fields | 128.61 Bn | 126.83 Bn | - | 411.70 Mn |
| 6 | Kinross Gold | 103.07 Bn | 100.89 Bn | 1.44 Bn | 1.34 Bn |
| 7 | Newmont | 100.59 Bn | 91.98 Bn | 7.29 Bn | 1.51 Bn |
| 8 | Equinox Gold | 47.64 Bn | 47.14 Bn | - | 401.46 Mn |
| 9 | AngloGold Ashanti | 44.52 Bn | 41.55 Bn | 1.94 Bn | 1.07 Bn |
| 10 | B2Gold | 13.96 Bn | 13.25 Bn | 609.77 Mn | 645.30 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 645.30 Mn |
| Dec 31, 2025 | 612.88 Mn |
| Sep 30, 2025 | 579.83 Mn |
| Jun 30, 2025 | 548.38 Mn |
| Mar 31, 2025 | 506.61 Mn |
| Dec 31, 2024 | 427.85 Mn |
| Sep 30, 2024 | 377.47 Mn |
| Jun 30, 2024 | 358.09 Mn |
| Mar 31, 2024 | 342.92 Mn |
| Dec 31, 2023 | 345.06 Mn |
| Sep 30, 2023 | 341.36 Mn |
| Jun 30, 2023 | 344.65 Mn |
| Mar 31, 2023 | 341.11 Mn |
| Dec 31, 2022 | 312.91 Mn |
| Sep 30, 2022 | 297.00 Mn |
| Jun 30, 2022 | 289.59 Mn |
| Mar 31, 2022 | 275.67 Mn |
| Dec 31, 2021 | 271.07 Mn |
| Sep 30, 2021 | 269.73 Mn |
| Jun 30, 2021 | 262.57 Mn |