Euro Pacific Asset Management 13F: Adds $1.9M to BTG Stake

Euro Pacific Asset Management recently increased its holdings in B2Gold Corp. (NYSE American: BTG) by 342,964 shares, bringing its total to 8,491,724 shares. This move, disclosed in a Form 13F filing with the SEC, reflects a 4.2% increase in their position, valued at approximately $46.56 million.

What Changed in Euro Pacific Asset Management's B2Gold Corp. Position

Euro Pacific Asset Management raised its stake in B2Gold Corp. by 4.2%, adding 342,964 shares to its portfolio. The investment firm now holds 8,491,724 shares in the gold producer, with the total value of this position reaching about $46.56 million.

B2Gold Corp. Stock Down 5.4%

B2Gold Corp., a company involved in gold production, has a market capitalization of $7.08 billion. It trades on the NYSE American under the ticker BTG. The stock's P/E ratio stands at 9.57, with a forward P/E of 4.99, indicating expected growth in earnings. It has a beta of 1.456, suggesting it is more volatile than the market. Over the past year, the stock has ranged from a low of $3.57 to a high of $6.29, with a 50-day moving average of $4.79 and a 200-day moving average of $4.75. The company maintains a current ratio of 1.58 and a quick ratio of 0.50, with a debt-to-equity ratio of 11.39.

Recent Earnings

In its latest quarter, B2Gold Corp. reported revenues of approximately $3.78 billion, reflecting a 14% growth. The company's net margin was 21.33%, with a return on equity of 22.64%. Earnings per share stood at $0.56. Investors can look forward to the next earnings report scheduled for November 4, 2026.

Dividend

B2Gold Corp. offers a dividend rate of $0.08 per share, yielding 1.46% annually. The payout ratio is 14.29%, indicating a conservative approach to dividend distribution.

About B2Gold Corp.

B2Gold Corp. is a gold mining company based in Vancouver, Canada. It operates major mines including the Fekola Mine in Mali, the Masbate Mine in the Philippines, and the Otjikoto Mine in Namibia. The company also holds a 100% interest in the Gramalote gold project in Colombia and has various exploration assets in Mali, Canada, and Finland. Led by CEO Mr. Michael Andrew Cinnamond, B2Gold was founded in 2006.

Bottom Line

Euro Pacific Asset Management's decision to boost its stake in B2Gold Corp. highlights continued interest in the gold sector. Investors track such filings to gauge institutional confidence, but it's important to remember that 13F filings reflect past holdings and may not represent current positions. As B2Gold prepares for its upcoming earnings release, stakeholders will be watching closely.