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B2Gold Corp
F:5BG

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B2Gold Corp
F:5BG
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Price: 4.132 EUR 9.17%
Market Cap: €5.4B

Operating Margin

45.5%
Current
Improving
by 10.3%
vs 3-y average of 35.2%

Operating Margin shows how much profit a company makes from its regular business activities after covering operating costs. It helps measure how efficiently the company turns sales into profit.

Operating Margin
45.5%
=
Operating Income
$1.4B
/
Revenue
$3.1B

Operating Margin shows how much profit a company makes from its regular business activities after covering operating costs. It helps measure how efficiently the company turns sales into profit.

Operating Margin
45.5%
=
Operating Income
€1.4B
/
Revenue
$3.1B

Peer Comparison

Country Company Market Cap Operating
Margin
CA
B2Gold Corp
TSX:BTO
9B CAD
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RU
Polyus PJSC
LSE:PLZL
70.4T USD
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ZA
Gold Fields Ltd
JSE:GFI
729.3B ZAR
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ZA
Harmony Gold Mining Company Ltd
JSE:HAR
172.6B ZAR
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CN
Zijin Mining Group Co Ltd
SSE:601899
908B CNY
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US
Newmont Corporation
NYSE:NEM
123.9B USD
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CA
Agnico Eagle Mines Ltd
TSX:AEM
146B CAD
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CA
Barrick Mining Corp
F:ABR0
61B EUR
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CA
Barrick Gold Corp
TSX:ABX
98.3B CAD
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HK
Zijin Gold International Co Ltd
HKEX:2259
487.4B HKD
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CA
Wheaton Precious Metals Corp
TSX:WPM
86.3B CAD
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Market Distribution

Higher than 94% of companies in Canada
Percentile
94rd
Based on 4 855 companies
94rd percentile
45.5%
Low
-4 710 029.9% — -65.8%
Typical Range
-65.8% — 11%
High
11% — 71 100%
Distribution Statistics
Canada
Min -4 710 029.9%
30th Percentile -65.8%
Median -2.4%
70th Percentile 11%
Max 71 100%

B2Gold Corp
Glance View

B2Gold Corp. stands as a dynamic presence in the international gold mining industry, weaving its story through both its resource-rich mining operations and robust financial stewardship. Founded in 2007 and headquartered in Vancouver, British Columbia, the company has rapidly ascended from its original ventures in Nicaragua to establish mines across Mali, the Philippines, and Namibia. With a keen eye on efficiency and expansion, B2Gold focuses on the full spectrum of mining activities: from exploration and development to production and sale. This comprehensive approach enables the company to consistently optimize its operations, harnessing the economies of scale and technological advancements to bolster production while managing costs effectively. Central to B2Gold's business model is its strategic emphasis on low-cost production. By rigorously controlling expenses, the company maintains profitability even amid fluctuating gold prices, thus ensuring steady financial health and shareholder value. The company's revenue generation primarily hinges on gold sales, a process dictated by both market prices and its prowess in extraction efficiency. B2Gold's management also prides itself on leveraging operational excellence and local expertise to navigate geopolitical challenges and build strong community relationships in its operating locales. This synergy of strategic insight and operational prowess crafts B2Gold's narrative as a formidable player in the quest for gold amidst the volatility of global markets.

5BG Intrinsic Value
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What is Operating Margin?
Operating Margin shows how much profit a company makes from its regular business activities after covering operating costs. It helps measure how efficiently the company turns sales into profit.
How is Operating Margin calculated?

Operating Margin is calculated by dividing the Operating Income by the Revenue.

Operating Margin
45.5%
=
Operating Income
$1.4B
/
Revenue
$3.1B
What is B2Gold Corp's current Operating Margin?

The current Operating Margin for B2Gold Corp is 45.5%, which is above its 3-year median of 35.2%.

How has Operating Margin changed over time?

Over the last 3 years, B2Gold Corp’s Operating Margin has increased from 29.8% to 45.5%. During this period, it reached a low of 29.8% on Dec 31, 2022 and a high of 45.5% on Jan 1, 2026.

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