B2Gold Corp Common shares (Canada) (BTG) Company Bio
B2Gold Corporation explores and develops gold & mineral properties in Nicaragua, the Philippines, Namibia, Burkina Faso, and Chile. The company was founded in 2006 and is based in Vancouver, Canada.
BTG Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for B2Gold Corp with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that B2Gold Corp ranked in the 95th percentile in terms of potential gain offered. Specifically, our DCF analysis implies the stock is trading below its fair value by an estimated 5329.83%. In terms of the factors that were most noteworthy in this DCF analysis for BTG, they are:
In the past 2.97 years, B2Gold Corp has a compound free cash flow growth rate of 1.5%; that's higher than 94.89% of free cash flow generating stocks in the Basic Materials sector.
The business' balance sheet suggests that 4% of the company's capital is sourced from debt; this is greater than only 12.51% of the free cash flow producing stocks we're observing.
BTG's estimated cost of debt, based largely on its market capitalization and its interest coverage ratio, is 2%; for context, that number is higher than 51% of tickers in our DCF set.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Basic Materials that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as BTG, try SIM, AVTR, ITP, DOW, and FRTA.
Source: Mining - Fekola Mine located near Mali's border with Senegal and about 520 km from the country's capital, Bamako. Investment Thesis Vancouver-based gold miner B2Gold Corp. (BTG) released its first-quarter results on May 5, 2020. Now, here we are nearly four weeks later, and it is time to look...
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