MARKET WIREBenzinga • 12d ago
Guardian Metal Resources Names 20-Year Mining Veteran Jake Mather As CFO Effective March 26, 2026Why BTG Stock surged +3.70% Today — RQD Quant Desk Flash
$4.77 +3.70% NYSE • Live Quote vs Prior Daily Close (Synced Snapshot)
EXT / AFTER-HRS: $4.79
B2Gold Corp (Canada) (BTG) carries a Roarable Rating of D+ (Sell) with 56/100 RQD Confidence due to weak cash-flow efficiency and sensitivity to current interest rates. Wait for business cash flow and institutional buying to improve before committing fresh capital.
ROARABLE D+ • SELL / AVOID
Cap $6.08B
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🤖 Mara Quenwick • AI Quant Lead (Click for Instant Brief)
Is BTG stock a Buy, Hold, or Sell right now according to Roarable's RQD model?
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As of 2026-11-03, B2Gold Corp (Canada) (NYSE: BTG) is rated D+ (Sell / SELL) by Roarable's 5-pillar RQD engine with a composite confidence score of 56/100 at a spot price of $4.77 (+3.70% 1D, market cap $6.08B). Pillar breakdown: Fundamental Cash Engine 12/20, Institutional 13F & Options Flow 7/20, SEC Balance-Sheet Forensics 16/20, FRED Macro Regime Fit 9/20, and Executive Insider Alignment 12/20. Across 270 tracked Materials issuers, BTG ranks #48 in composite RQD confidence.
✓ Pre-computed one-to-many AI Quant brief
🤖 Ellis Vennor • AI Peer & Flow Quant (Click for Instant Brief)
How does BTG compare to SBSW and OR in the Materials sector?
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Within the Materials sector (Precious Metals), BTG carries a Roarable D+ (56/100 RQD), trailing P/E of 32.8x, gross margin of —, and ROIC of 9.9%. By comparison, SBSW (D/B/A Sibanye-Stillwater Limited ADS) holds a D+ grade (52/100 RQD, P/E 32.8x, ROIC 9.9%, cap $6.08B) and OR (OR Royalties Inc.) posts a D grade (46/100 RQD, P/E N/A, ROIC —, cap $5.97B). Among the 5-stock peer group, SSRM leads on earnings multiple (14.6x) while SSRM leads on capital efficiency (12.0% ROIC).
✓ Pre-computed one-to-many AI Quant brief
🤖 Gideon Ashmere • AI SEC 10-K Forensics (Click for Instant Brief)
What are the biggest fundamental strengths and SEC risk factors for BTG?
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For B2Gold Corp (Canada) (BTG), key quantitative strengths include Clean SEC annual filing review with no major hidden accounting time-bombs and sector rank #48 in Materials, while primary risk factors center on Sensitive to high interest rates and tighter Federal Reserve market liquidity and implied 5-year growth hurdle of 25.3%/yr. Institutional options positioning shows a 50% call / 50% put premium split.
✓ Pre-computed one-to-many AI Quant brief
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INTERACTIVE SCENARIO DECK:
EXT / AFTER-HRS: $4.79 (+0.48%)🧬 Cannibal Buyback (-1.24% YoY Shares)⚙️ Cash Engine: 12/20 (C-) • 3.4% FCF Margin
Verify 90D Bucket Audit →📊 Historical Track Record: Scores of 56/100 (D+) historically posted market-perform odds over rolling 90-day windows (-0.4% avg 90D alpha vs SPY • 51.8% hit rate — wait for RQD ≥ 70 breakout).
Audit Bucket Track Record →RQD QUANT TACHOMETERSELL / AVOID • D+
JEV AI Jury Split (Battleground)
Cash
SEC
Whale
Impersonal quantitative research (0–100 RQD rubric) — not individualized investment advice. Past performance does not guarantee future results. Full Disclaimer
5-PILLAR SNOWFLAKE RADARRw D+ · Rk C
Each axis scored 0–20
12M PRICE TARGET CONE-0.8% Base Target
WHALE OPTIONS SNAPSHOT: — (No Active Options Snapshot on file for BTG)Realized 20D OHLCV Swing Band: ±8.4%
Deterministic 5-Pillar Attribution (56/100 Composite)
🔍 WHY BTG SCORES 56/100 (D+) — TOP 3 DRIVERS2 Bullish Pillars + #1 Risk Drag
▲ #1 Bullish Driver: SEC 10-K Forensic Risk+16/20 pts (29% of score)
Altman Z-Score 3.74 (FORTRESS SAFE (>3.0)) • Piotroski F-Score 8/9
▲ #2 Bullish Driver: Cash Engine Quality+12/20 pts (21% of score)
SEC XBRL Trailing 12 Months: 3.4% FCF Margin ($134.3M FCF) & 52% Gross Margin
▼ #1 Drag / Risk Factor: Whale & Options Positioning7/20 pts (-13 pt drag)
Put hedging (50% put share) caps near-term gamma upside (-13 pts vs max)
📈 PAST 4 QUARTERS RQD vs SUBSEQUENT RETURNQ1 → Q2 → Q3 → Current
Q1 (-3Q)Grade C+$4.99+5.2% Next Q
64
Q2 (-2Q)Grade C$5.25-2.5% Next Q
61
Q3 (-1Q)Grade C$5.12-6.8% Next Q
59
CurrentGrade D+$4.77-0.4% Hist 90D α
56
Trajectory: C+ (64) → D+ (56)Full Audit →
⚔️ ADVERSARIAL OPPOSING CASE & FORENSIC KILL-SWITCH (WHY THE BULL/BEAR THESIS COULD FAIL)GIDEON ASHMERE // FORENSIC SHORT & KILL-SWITCH DOSSIER
⚔️ Adversarial Opposing Case: Why the BTG Bull Thesis Could Fail
Even with a 56/100 (D+) score, BTG faces multiple-compression risk if 32.8x trailing P/E re-rate toward historical sector medians or if hyperscaler/enterprise customer concentration slows in upcoming 10-Q filings.
⚠️ Forensic Kill-Switch #1
Sensitive to high interest rates and tighter Federal Reserve market liquidity.
⚠️ Forensic Kill-Switch #2
Dilution & Margin Drag: Cannibal Buyback (-1.24% YoY Shares) — any gross margin slip below 49.5% triggers an automatic RQD downgrade.
⚠️ Forensic Kill-Switch #3
Technical & Forensic Kill-Switch: A daily close below the 50D SMA ($5.24) or 200D SMA ($4.83) invalidates the momentum regime and cuts Target Base ($4.73) toward Bear Floor ($3.69).
🎲 LIVE PREDICTION MARKET ODDS TIED TO $BTG• $2.4M Crowd Pool • Kalshi / Polymarket Composite
Contract: “BTG Beats Next Quarter EPS Consensus (Upcoming Quarter) & Holds Above 200D SMA”
AUTOMATED RQD QUANT DESK MOVER BRIEFINGFull Market News Desk →
Why BTG Stock surged +3.70% Today — RQD Quant Desk Flash
B2Gold Corp (Canada) (BTG) surged +3.70% to $4.77, trading at 44% of its 52-week range ($3.57 – $6.29). Stretched risk/reward at 33x P/E (10% return on capital) under elevated 10-year interest-rate pressure.
- ▸Technical Tape: Trading at 44% of its 52-week range ($3.57 – $6.29) with RSI-14 at 39.9 (NEUTRAL RANGE).
- ▸Volatility Profile: Historical 20-day realized swing band of ±8.4% around $4.77 (no active unusual options sweep snapshot on file).
- ▸Fundamental Anchor: Roarable D+ (Sell) backed by 52% gross margin and $134.3M annual free cash flow.
Live BTG Headlines & Catalysts
MARKET WIREYahoo • 12d ago
B2Gold's 5-Year Outlook: Capital Discipline, Low Valuation, and Mali Permit Hint at UpsideThis under-the-radar gold mining stock boasts a Superscore of 78 from our Hidden Gems Primary database, part of The Motley Fool's Moneyball Database system. Here's why.
CATALYSTYahoo • 13d ago
Galiano Gold Secures Lease Extensions to Support Asanko Mine GrowthGAU extends key Asanko mine leases through 2041 and 2043, supporting long-term investment, Mineral Reserve growth and life-of-mine plans.
MARKET WIREYahoo • 15d ago
EGO's Skouries Project Gets EU Strategic Project DesignationEldorado Gold's Skouries copper-gold project earns EU Strategic Project status, supporting Europe's critical raw materials supply chain as the mine advances toward commercial production.
MARKET WIREYahoo • 19d ago
B2Gold Third Quarter 2026 Results – Conference Call DetailsVANCOUVER, British Columbia, Oct. 14, 2026 (GLOBE NEWSWIRE) -- B2Gold Corp. (TSX: BTO, NYSE AMERICAN: BTG, NSX: B2G) (“B2Gold” or the “Company”) will release its third quarter 2026 financial and operational results after
MARKET WIREBenzinga • 20d ago
Reported Earlier, Allied Gold Begins Ore Processing At Sadiola Phase 1 Expansion And Advances Capital Efficient Phase 2 PlansCATALYSTYahoo • 13h ago
Is B2Gold (TSX:BTO) Still Cheap Based On Its Earnings?B2Gold has given long term holders a strong 63.1% gain over the past three years, yet that rise leaves a simple question for anyone looking at the ticker today. Is the current share price, around C$6.68 at the last close
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Red-Light Warning Desk: Spotting SEC Cash-Flow & Dilution Risks Before Downgrades (Featuring BTG)
- ✓Walkthrough of BTG's RQD Radar, SEC cash-conversion gap & downside invalidation levels
- ✓3 asymmetric Bear/Hedge frameworks when 10-year Treasury yields stay elevated
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BTG // CANDLESTICK & AUTO-TRENDLINE WORKSTATION6M: +11.45%▲ ASCENDING CHANNEL
2026-11-03O $4.99H $4.99L $4.60C $4.77VOL 32.22M
RES: $6.11SUP: $4.55SMA50: $5.24SMA200: $4.83
PRIMARY-SOURCE FORENSICS, SECOND-ORDER LINKS & AI ANALYST DESK
BTG Dilution Monitor, Expectations Hurdle, Butterfly Connections & Policy Exposure
Share Count & Dilution Monitor
Multi-year comparable XBRL diluted share count not disclosed (ETF or recent listing).
Reverse-DCF Expectations Hurdle
25.3%/yr Implied 5Y Growth
vs. +6.6% actual YoY revenue growth (assuming 9.25% cost of equity & 16.5x terminal multiple).
Ellis Vennor Setup Ledger
No active Ellis Vennor swing setup published on BTG today. View full Setup Ledger →
🦋 Documented & Second-Order Butterfly Connections
Open Graph →
No direct multi-tier Butterfly edges indexed yet for BTG. Explore sector supply chains on /butterfly.
AI Analyst Theses, Washington Policy & Company Video
🎬 No recent verified company-specific video clip queued for BTG today (we never pad ticker pages with unrelated generic clips). Browse Macro Video Desk →
DETERMINISTIC MULTI-FACTOR EQUITY AUDIT • SEC EDGAR XBRL × RQD PEER BENCHMARK
📊 Quantitative Sector Peer Comparison, SEC Filing Delta & Investment FAQ (BTG)
Materials Rank #48 of 270
⚔️ SBSW vs BTG Full Matrix →
1. Head-to-Head Materials Peer Comparison (BTG vs. SBSW, OR, TFPM, SSRM)
Industry: Precious Metals (74 Tracked Issuers)Across 270 tracked Materials securities in the Roarable RQD universe, B2Gold Corp (Canada) (BTG) ranks #48 by composite RQD confidence (56/100, grade D+) and #60 by equity capitalization ($6.08B). Within this direct 5-issuer industry benchmark cohort, SSRM leads on earnings valuation at 14.6x trailing P/E, while SSRM leads on capital efficiency and profitability with 12.0% ROIC and — gross margin. SSRM currently holds the highest overall quantitative score in the immediate peer group at 60/100 (C-) compared with BTG at 56/100 (D+).
| Ticker / Company | Roarable Grade | RQD Score | Trailing P/E | Gross Margin | ROIC | 1D Change | Market Cap | Head-to-Head |
|---|---|---|---|---|---|---|---|---|
| BTG
ACTIVE
B2Gold Corp (Canada) | D+ | 56/100 | 32.8x | — | 9.9% | +3.70% | $6.08B | Benchmark Subject |
| SBSW D/B/A Sibanye-Stillwater Limited ADS | D+ | 52/100 | 32.8x | — | 9.9% | +1.75% | $6.08B | /sbsw-vs-btg → |
| OR OR Royalties Inc. | D | 46/100 | — | — | — | +3.02% | $5.97B | /or-vs-btg → |
| TFPM Triple Flag Precious Metals Corp. | D | 45/100 | — | — | — | +2.63% | $5.81B | /tfpm-vs-btg → |
| SSRM SSR Mining Inc. | C- | 60/100 | 14.6x | — | 12.0% | +0.98% | $5.40B | /ssrm-vs-btg → |
2. BTG Fundamental Profitability, Capital Efficiency & Balance-Sheet Forensics
TRAILING 12M & FORWARD QUANTITATIVE SNAPSHOTB2Gold Corp (Canada) (BTG) operates in Precious Metals (Materials) with an equity capitalization of $6.08B, trailing P/E of 32.8x, forward P/E of 30.5x, and EV/EBITDA of 21.0x. Operating profitability registers a gross margin of —, operating margin of 13.9%, net profit margin of 10.9%, ROIC of 9.9%, and free cash flow yield of 2.21%, alongside an Altman Z-Score of 3.74 and Piotroski F-Score of 8/9.
3. BTG Data-Verified Investor FAQ (RQD Rating, Sector Peers, SEC Forensics & Technicals)
✓ SCHEMA.ORG FAQPAGE JSON-LD ENABLEDIs BTG stock a Buy, Hold, or Sell right now according to Roarable's RQD model?
As of 2026-11-03, B2Gold Corp (Canada) (NYSE: BTG) is rated D+ (Sell / SELL) by Roarable's 5-pillar RQD engine with a composite confidence score of 56/100 at a spot price of $4.77 (+3.70% 1D, market cap $6.08B). Pillar breakdown: Fundamental Cash Engine 12/20, Institutional 13F & Options Flow 7/20, SEC Balance-Sheet Forensics 16/20, FRED Macro Regime Fit 9/20, and Executive Insider Alignment 12/20. Across 270 tracked Materials issuers, BTG ranks #48 in composite RQD confidence.
How does BTG compare to SBSW and OR in the Materials sector?
Within the Materials sector (Precious Metals), BTG carries a Roarable D+ (56/100 RQD), trailing P/E of 32.8x, gross margin of —, and ROIC of 9.9%. By comparison, SBSW (D/B/A Sibanye-Stillwater Limited ADS) holds a D+ grade (52/100 RQD, P/E 32.8x, ROIC 9.9%, cap $6.08B) and OR (OR Royalties Inc.) posts a D grade (46/100 RQD, P/E N/A, ROIC —, cap $5.97B). Among the 5-stock peer group, SSRM leads on earnings multiple (14.6x) while SSRM leads on capital efficiency (12.0% ROIC).
What are the biggest fundamental strengths and SEC risk factors for BTG?
For B2Gold Corp (Canada) (BTG), key quantitative strengths include Clean SEC annual filing review with no major hidden accounting time-bombs and sector rank #48 in Materials, while primary risk factors center on Sensitive to high interest rates and tighter Federal Reserve market liquidity and implied 5-year growth hurdle of 25.3%/yr. Institutional options positioning shows a 50% call / 50% put premium split.
Where is BTG trading relative to its 50-day, 200-day, and 52-week technical levels?
BTG last traded at $4.77 (+3.70% on volume of 25,224,217 shares), positioning the stock -8.97% below its 50-day simple moving average ($5.24) and -1.24% below its 200-day simple moving average ($4.83). Across its 52-week range of $3.57 to $6.29, BTG sits at the 44.1% percentile with a 14-day RSI of 39.9 (NEUTRAL RANGE) and an implied next-earnings move of ±8.4% ($4.37 to $5.17).
ROARABLE RATING BRIEF • RQD 56/100 (D+)
✓ SEC XBRL & RQD VERIFIED
BTG — B2Gold Corp (Canada): What the Facts Mean to a Prospective Investor
Methodology: RQD v6.2 Deterministic 5-Pillar & SEC XBRL Audit
Updated: 2026-11-03
1. Roarable Rating Brief: What This Means to a Prospective Investor
B2Gold Corp (Canada) (BTG) earns a live Roarable RQD composite score of 56/100, corresponding to a D+ letter grade (Roarable Sell) at a spot price of $4.77 (+3.70% 1D, market capitalization $6.08B).
- Fundamental Cash Engine (12/20): Anchored by return on invested capital (ROIC) of 9.9%, gross margin of —, operating margin of 13.9%, and free cash flow yield of 2.21%.
- Whale 13F & Options Flow (7/20) + Insider Conviction (12/20): Tracks institutional 13F accumulation, CBOE options call/put positioning, and SEC Form 4 / Congressional PTR filings.
- Macro Regime Fit (9/20) + Forensic Balance Sheet (16/20): Incorporates a 0.99x equity beta, Altman Z-Score of 3.74, Piotroski F-Score of 8/9, and Debt/Equity of 0.39x.
2. Business Model, Unit Margins & SEC Financial Trajectory
B2Gold Corp (Canada) is a NYSE-listed issuer classified in the Materials sector and Precious Metals industry, profile. — for product detail, customer base, or revenue mix. The profile reports a market capitalization of $6.6B. — for how the company earns revenue.
3. Institutional Bull vs. Bear Thesis & Valuation Tradeoff
- 🐂 Primary Bull Case (D+ • RQD 56/100): Clean SEC annual filing review with no major hidden accounting time-bombs. Free cash flow yield of 2.21% and institutional whale pillar of 7/20. With Fundamental Cash Engine at 12/20 and Institutional Whale Flow at 7/20, sustained execution supports upside toward the upper end of the $3.57 – $6.29 52-week range.
- 🐻 Primary Bear Case & Valuation Risk: Sensitive to high interest rates and tighter Federal Reserve market liquidity. Investors must weigh 32.8x trailing P/E and 21.0x EV/EBITDA against 13.9% operating margins and a 0.99x macro beta.
4. 2nd-Order Butterfly Ripples & Key Questions to Watch
— for upstream or downstream dependencies, sector correlations, or second-order bottlenecks.
- Key Question #1: Can BTG sustain or expand its 13.9% operating margin and 9.9% ROIC against Precious Metals peers over the next 4 quarters?
- Key Question #2: Will free cash flow conversion (2.21% FCF yield) strengthen balance-sheet liquidity (Altman Z-Score 3.74) toward the $6.29 52-week high?
- Key Question #3: How sensitive is BTG's 30.5x forward P/E multiple to Materials capital spending cycles and macro interest-rate shifts (Beta 0.99x)?
BTG Live News Feed, Press Releases & Catalyst Wire
Real-time company headlines, analyst actions, and sector developments for B2Gold Corp (Canada) (BTG) • Click "Debate This Headline" to argue it in the Roar Pit below
🟡 MARKET WIRE Benzinga • 12d ago
Guardian Metal Resources Names 20-Year Mining Veteran Jake Mather As CFO Effective March 26, 2026 🟡 MARKET WIRE Yahoo • 12d ago
B2Gold's 5-Year Outlook: Capital Discipline, Low Valuation, and Mali Permit Hint at Upside This under-the-radar gold mining stock boasts a Superscore of 78 from our Hidden Gems Primary database, part of The Motley Fool's Moneyball Database system. Here's why.
🟢 CATALYST Yahoo • 13d ago
Galiano Gold Secures Lease Extensions to Support Asanko Mine Growth GAU extends key Asanko mine leases through 2041 and 2043, supporting long-term investment, Mineral Reserve growth and life-of-mine plans.
🟡 MARKET WIRE Yahoo • 15d ago
EGO's Skouries Project Gets EU Strategic Project Designation Eldorado Gold's Skouries copper-gold project earns EU Strategic Project status, supporting Europe's critical raw materials supply chain as the mine advances toward commercial production.
🟡 MARKET WIRE Yahoo • 19d ago
B2Gold Third Quarter 2026 Results – Conference Call Details VANCOUVER, British Columbia, Oct. 14, 2026 (GLOBE NEWSWIRE) -- B2Gold Corp. (TSX: BTO, NYSE AMERICAN: BTG, NSX: B2G) (“B2Gold” or the “Company”) will release its third quarter 2026 financial and operational results after
🟡 MARKET WIRE Benzinga • 20d ago
Reported Earlier, Allied Gold Begins Ore Processing At Sadiola Phase 1 Expansion And Advances Capital Efficient Phase 2 Plans 🟢 CATALYST Yahoo • 13h ago
Is B2Gold (TSX:BTO) Still Cheap Based On Its Earnings? B2Gold has given long term holders a strong 63.1% gain over the past three years, yet that rise leaves a simple question for anyone looking at the ticker today. Is the current share price, around C$6.68 at the last close
🔥 THE ROAR PIT • LIVE COMMUNITY DEBATE
3 Active Posts & Replies
BTG Bull vs. Bear Conversation Board — What's Your Call at $4.77?
🐂 67% BULLISH CONVICTION COMMUNITY TUG-OF-WAR ON BTG 🐻 33% BEARISH CONVICTION
QU QuantViper RQD DEBATE OPENER • Systematic Momentum Desk 🐂 BULLISH
🎯 Target: $5.34 (+16.1%)
📌 Pinned Debate Forensic balance sheet is the strongest pillar, with Altman Z of 3.74, Piotroski F of 8/9, and Debt/Equity of 0.39.
Picked up a starter position in BTG in my $100K Virtual Cash book at $4.60. Forensic balance sheet is the strongest pillar, with Altman Z of 3.74, Piotroski F of 8/9, and Debt/Equity of 0.39.. Trading inside a $3.57–$6.29 52-week range with 2.21% FCF yield gives solid downside support if Precious Metals multiples expand this quarter.
RetailWhale_TX 🐂 BULL
Both sides have a point here — BTG's 16/20 balance sheet score keeps downside contained, so the real swing factor next earnings call is backlog and FCF conversion.
SH ShortSeller_Dan RQD DEBATE OPENER • Forensic Short Bias 🐻 BEARISH
🎯 Target: $3.96 (-13.9%)
Spot @ $4.60 A 2.21% FCF yield and a 32.8 trailing P/E leave thin current cash returns against a premium valuation.
A 2.21% FCF yield and a 32.8 trailing P/E leave thin current cash returns against a premium valuation.. Look at the math on BTG: paying 32.8x trailing P/E for 9.9% ROIC and 13.9% operating margins leaves zero margin of safety if Precious Metals demand softens. I'd wait for a retest of $4.05 before getting long.