OakChart

B2gold Corp

BTGBasic Materials·Gold·Canada·Mid·AMEX·Nov 11 • 8:18 AM ET

5.35+0.04 (0.75%)
2026-11-11 14:22 CET
Market cap
7,016.58 USD m
Revenue, TTM
3,838.45 USD m
Net income, TTM
1,196.75 USD m
Free cash flow, TTM
302.43 USD m
EPS diluted, TTM
0.82
P/E
6.56
Compare

Price

BTG against its 20, 50 and 200-day averages
2050200beat
4.005.006.0035.7M71.4MMay 26Jun 26Jul 26Aug 26Sep 26Oct 26Nov 26BTGclose 5.3520-day 5.1050-day 5.23200-day 4.845.35

14.9% under 6.29 on 27 Feb 2026. Last 15 sessions, 26.7% high to low

Profile

BTG
52-week range, 66% of the way up
3.576.28

B2Gold Corp. is an exploration company, which engages in the acquisition and development of mineral properties. It operates through the following segments: Fekola Mine, Fekola Regional, Masbate Mine, Otjikoto Mine, Goose Project, Other Mineral Properties, and Corporate and Other. The Fekola Regional segment consists of Bantako North, Menankoto, Dandoko, and Bakolobi properties. The Other Mineral Properties segment focuses on the company interests in mineral properties which are at various stages of exploration and evaluation. The Corporate and Other segment includes the corporate operations. The company was founded by Mark Anthony Corra, Thomas A. Garagan, Clive Thomas Johnson, and Roger Thomas Richer on November 30, 2006 and is headquartered in Vancouver, Canada.

Employees6327
IPOFeb 11, 2008
Beta0.63
ATR, 14d0.26
Rel volume0.03
Short float5.12%
Insider own0.85%
Inst own66.24%

Snapshot

6 groups

Valuation

Index-
Market Cap7.07B
Enterprise Value7.36B
Income1.20B
Sales3.84B
Book/sh3.32
Cash/sh0.22
Dividend Est.0.08 (1.50%)
Dividend TTM0.08 (1.50%)
Dividend Ex-DateDec 02, 2026
Dividend Gr. 3/5Y-20.63% -6.17%
Payout26.37%
Employees6327
IPOFeb 11, 2008

Ratios

P/E6.56
Forward P/E6.09
PEG0.18
P/S1.84
P/B1.61
P/C23.80
P/FCF23.38
EV/EBITDA3.25
EV/Sales1.92
Quick Ratio0.66
Current Ratio1.77
Debt/Eq0.13
LT Debt/Eq0.12
Option/ShortYes / Yes

Earnings

EPS (ttm)0.82
EPS next Y0.88
EPS next Q0.18
EPS this Y27.37%
EPS next Y50.06%
EPS next 5Y33.85%
EPS past 3/5Y8.47% -12.82%
Sales past 3/5Y20.89% 11.34%
EPS Y/Y TTM441.99%
Sales Y/Y TTM53.11%
EPS Q/Q2066.92%
Sales Q/Q6.84%
EarningsNov 04 AMC
EPS/Sales Surpr.16.38% 1.61%

Ownership

Insider Own0.85%
Insider Trans0.00%
Inst Own66.24%
Inst Trans1.68%
ROA20.09%
ROE31.11%
ROIC24.50%
Gross Margin47.81%
Oper. Margin44.74%
Profit Margin31.18%
SMA205.00%
SMA502.38%
SMA20010.63%
Trades-

Technical

Shs Outstand1.32B
Shs Float1.31B
Short Float5.12%
Short Ratio2.73
Short Interest67.11M
52W High6.28 -14.88%
52W Low3.57 49.86%
Volatility5.51% 4.30%
ATR (14)0.26
RSI (14)54.46
Beta0.63
Rel Volume0.03
Avg Volume24.60M
Volume36,967

Performance

Perf Week4.70%
Perf Month2.49%
Perf Quarter5.52%
Perf Half Y-0.19%
Perf YTD18.63%
Perf Year30.17%
Perf 3Y77.74%
Perf 5Y14.56%
Perf 10Y126.69%
Recom1.43
Target Price6.99
Prev Close5.31
Price5.35
Change %0.75%

Analyst ratings

latest 10 of 14
DateActionAnalystRating changeTargetImplied
Aug 10, 2026UpgradeBScotiabankSector Perform → Sector Outperform
Jun 30, 2025ResumedRRaymond JamesOutperform$4.50-15.9%
Feb 04, 2025DowngradeTTD SecuritiesBuy → Hold
Jan 14, 2025DowngradeBBofA SecuritiesBuy → Underperform
Feb 29, 2024InitiatedJJefferiesBuy$3.50-34.6%
Sep 12, 2023ResumedRRBC Capital MktsSector Perform$4.25-20.6%
Apr 20, 2023ResumedBBMO Capital MarketsOutperform
Dec 10, 2021DowngradeJJP MorganNeutral → Underweight$5-6.5%
Feb 10, 2021ResumedJJP MorganNeutral
Aug 19, 2020DowngradeRRBC Capital MktsOutperform → Sector Perform

Peers

Mkt cap
TickerCompanyMkt cap
IAGIamgold Corp10.78B
OGCOceanaGold Corp6.24B
AAUCAllied Gold Corp3.12B
EGOEldorado Gold Corp9.43B
EQXEquinox Gold Corp13.31B
SSRMSSR Mining Inc5.73B
KGCKinross Gold Corp25.80B
AUAngloGold Ashanti Plc47.45B
GFIGold Fields Ltd ADR33.97B
AUGOAura Minerals Inc6.81B

Held by

AUM
TickerCompanyAUM
GDXVanEck Gold Miners ETFAUM: 28.26B
GDXJVanEck Junior Gold Miners ETFAUM: 8.32B
DISVDimensional International Small Cap Value ETFAUM: 5.08B
DFICDimensional International Core Equity 2 ETFAUM: 15.39B
DFISDimensional International Small Cap ETFAUM: 5.80B
DFAIDimensional International Core Equity Market ETFAUM: 18.24B
DFAXDimensional World ex U.S. Core Equity 2 ETFAUM: 11.94B
IGEiShares North American Natural Resources ETFAUM: 815.83M
CVYInvesco Zacks Multi-Asset Income ETFAUM: 119.03M
LCOLOGIQ Contrarian Opportunities ETFAUM: 50.81M

News

latest 14 of 204
  • B2Gold Beats On Spot-Price Leverage And Cuts Cost Guidance Again, But Lower Volumes Keep Earnings Flat (Earnings Whispers)
  • B2Gold: Q3 Earnings Snapshot (Associated Press) +8.72%
  • B2Gold Reports Q3 2026 Results - Lowers Annual All-In Sustaining Cost Guidance and Remains On-Track to Achieve Production Guidance (GlobeNewswire)
  • B2Gold Must Show Goose Recovery And First Fekola Regional Ounces After Permit Breakthrough (Earnings Whispers)
  • B2Gold Third Quarter 2026 Results - Conference Call Details (GlobeNewswire)
  • Loading…
  • Tanzania Gold Exports Climb 37% as East African Mine Builds Advance (PR Newswire)
  • B2Gold Provides Operations Update for the Goose Mine and Announces Drill Results at the Back River Gold District (GlobeNewswire)
  • Mines Do Not Usually Fail on Geology. They Stall on Land Access (PR Newswire)
  • B2Gold Corp's Dividend Analysis (GuruFocus.com)
  • Gold Forecast to Reach $4,900 an Ounce as Central Bank Buying Holds (PR Newswire) +5.18%
  • B2Gold Reports Fatality at the Masbate Gold Project (GlobeNewswire)
  • B2Gold secures exploitation permit for Fekola Regional in Mali (Mining Technology)
  • B2Gold Corp (BTG) (Q2 2026) Earnings Call Highlights: Fekola Regional Permit Secured, Guidance ... (GuruFocus.com) +22.98%

Quarterly earnings

actual against estimate
PeriodReportedEPS actEPS estEPS repSales actSales estAnalysts
2026Q32026-11-040.1400.1200.280836822.7612
2026Q22026-08-060.0300.0730.285789.35836.3312
2026Q12026-05-060.1900.1210.1381,159893.4111
2025Q42026-02-180.1100.1880.1101,0541,14311
2025Q32025-11-050.1400.1250.013782.95845.8611
2025Q22025-08-070.1200.1310.105692.21711.511
2025Q12025-05-070.0900.0760.039532.11569.8212
2024Q42025-02-190.0100.062-0.009499.79501.8211
2024Q32024-11-060.0200.054-0.483448.23449.2813
2024Q22024-08-080.0600.072-0.018492.57472.6812
2024Q12024-05-070.0600.0510.030461.44436.1812
2023Q42024-02-210.0700.080-0.087511.9751212
2023Q32023-11-080.0500.064-0.033477.89462.1213
2023Q22023-08-020.0700.0680.064470.85463.7313
2023Q12023-05-090.1000.0710.080473.56432.6712
2022Q42023-02-220.1100.1200.147592.4759210

Annual earnings

PeriodEPS actEPS estEPS repSales actSales est
2019FY0.2300.2370.2871,1561,318
2020FY0.4900.5070.5951,7891,790
2021FY0.3600.3790.3961,7621,760
2022FY0.2500.2530.2361,7331,733
2023FY0.2800.2900.0081,9341,934
2024FY0.1600.207-0.4811,9021,911
2025FY0.4600.5330.2803,0613,115
2026FY-0.586--3,821
2027FY-0.879--4,417
2028FY-1.103--5,335
2029FY-0.939--4,984
2030FY-0.860--4,326

Estimate revisions

last 14 periods
PeriodTypeDateEstimatesUpDownMeanLowHigh
2026Q4S2026-11-05321971.93858.141,050
2026Q4S2026-11-04310951.76736.011,070
2026Q4S2026-10-21310951.76736.011,070
2026Q4S2026-10-09311951.76736.011,070
2026Q4S2026-10-02311931.04736.011,070
2026Q4S2026-08-07312931.04736.011,070
2026Q4S2026-07-212011,010955.911,063
2026Q4S2026-07-082021,010955.911,063
2026Q4S2026-06-202021,1731,0631,284
2026Q4S2026-05-263021,1751,0631,284
2026Q4S2026-05-083121,1751,0631,284
2026Q4S2026-05-073111,1951,0631,341
2026Q4S2026-04-233101,2161,1291,341
2026Q4S2026-04-103101,2171,1291,342

Estimate history

EPS, annual0.0570.0180.2870.5950.3960.2360.008-0.4810.2770.8155
Period201720182019202020212022202320242025TTM
EPS, quarterly-0.483-0.0090.0390.1050.0130.110.1380.2850.282
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Sales, annual638.6771051.4241155.6371788.9281762.2641732.591934.2721902.033061.2383838.45
Period201720182019202020212022202320242025TTM
Sales, quarterly448.229499.788532.107692.206782.9481053.9771158.655789.354836.466
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Shares, annual979.228992.9171028.6951049.4331054.6291072.991300.6911318.0411340.6221317.053
Period201720182019202020212022202320242025MRQ
Shares, quarterly1311.2461318.0411320.1121322.8811330.1341340.6221333.8081321.0711317.053
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26

Income statement, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Total Revenue3,838.453,061.241,902.031,934.271,732.591,762.261,788.931,155.641,051.42
Cost of Goods Sold Incl. D&A2,003.201,530.461,195.841,154.271,128.35993.71830.64705.18670.70
Gross Profit1,835.251,530.78706.20780.00604.24768.55958.29450.46380.72
Selling, General and Administrative Excl. Other100.3092.0484.1683.2979.3272.7662.7371.7069.61
Other Operating Expense17.7226.9016.125.212.743.076.483.173.40
Operating Income1,717.231,411.84605.91691.51522.18692.72889.07375.59307.72
Interest Expense70.3737.7034.8513.9310.8411.8015.8026.5530.65
Unusual Expense-360.90123.48896.00361.81-7.515.92-159.96-93.2012.15
Net Income Before Taxes2,064.28977.55-311.85300.46520.43708.681,012.26481.28267.13
Income Taxes853.27550.10317.43278.75243.89265.40362.02173.53132.36
Consolidated Net Income1,219.00426.70-626.6541.59286.72460.83672.41308.86134.77
Net Income From Continuing Operations1,196.75401.91-629.8910.10252.87420.07628.06286.40118.58
Net Income1,196.75401.91-629.8910.10252.87420.07628.06293.3828.94
EPS (Recurring)0.660.33-0.000.210.230.400.490.220.03
EPS (Basic, Before Extraordinaries)0.900.30-0.480.010.240.400.600.290.03
EPS (Diluted)0.820.28-0.480.010.240.400.590.290.02
EBITDA2,262.521,852.67973.321,093.88906.041,071.621,190.56626.90555.92
Non-Operating Income (Expense)56.52-273.1013.08-15.321.5833.68-20.9639.032.21
Other After Tax Adjustments0.000.000.000.000.000.000.000.000.00
Stock Option Compensation Expense19.7018.3417.7715.3821.1216.5912.5912.6013.46
Price To Earnings Ratio5.905.90-12.2616.259.869.3213.9693.59
Price To Sales Ratio2.022.181.682.032.192.373.303.562.91
Gross Margin47.8150.0137.1340.3334.8843.6153.5738.9836.21
Operating Margin44.7446.1231.8635.7530.1439.3149.7032.5029.27
Net Margin31.1813.13-33.120.5214.6023.8435.1125.392.75
Shares Outstanding1,317.051,340.621,318.041,300.691,072.991,054.631,049.431,028.69992.92
Market Capitalization7,016.587,016.583,199.824,109.643,836.214,148.435,883.304,113.262,891.84

Income statement, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q22025Q12024Q4
Total Revenue836.47789.351,158.651,053.98782.95692.21532.11499.79
Cost of Goods Sold Incl. D&A470.52481.07548.89502.73392.60340.77294.36325.83
Gross Profit365.95308.29609.77551.25390.35351.44237.75173.96
Selling, General and Administrative Excl. Other22.3724.4425.2628.2422.2223.9217.6728.96
Other Operating Expense8.763.353.951.6711.405.997.843.98
Operating Income334.82280.50580.56521.35356.73321.53212.23141.02
Interest Expense14.1915.3918.4022.404.734.855.7210.85
Unusual Expense-249.47-127.01-22.3837.9628.1021.7535.675.63
Net Income Before Taxes581.97626.56497.07358.68199.89286.97132.01110.26
Income Taxes169.74207.52296.42179.59174.66125.6470.20117.63
Consolidated Net Income413.57419.62205.55180.2623.12160.7562.56-9.33
Net Income From Continuing Operations408.90417.33199.94170.5819.31154.4257.59-11.88
Net Income408.90417.33199.94170.5819.31154.4257.59-11.88
EPS (Recurring)0.160.230.130.130.030.110.06-0.01
EPS (Basic, Before Extraordinaries)0.310.310.150.130.010.120.04-0.01
EPS (Diluted)0.280.290.140.110.010.100.04-0.01
EBITDA453.89401.58741.80665.25461.39424.24301.79234.92
Non-Operating Income (Expense)11.86234.44-87.47-102.32-124.01-7.95-38.83-14.28
Other After Tax Adjustments0.000.000.000.000.000.000.000.00
Stock Option Compensation Expense6.244.266.272.935.125.984.237.10
Price To Earnings Ratio5.906.1811.1027.17----
Price To Sales Ratio2.021.481.842.382.922.452.121.69
Gross Margin43.7539.0652.6352.3049.8650.7744.6834.81
Operating Margin40.0335.5450.1149.4645.5646.4539.8928.22
Net Margin48.8852.8717.2616.182.4722.3110.82-2.38
Shares Outstanding1,317.051,321.071,333.811,340.621,330.131,322.881,320.111,318.04
Market Capitalization7,016.584,983.256,084.886,025.996,548.804,770.153,756.413,199.82

Balance sheet, annual

Currency USD, millions
Metric2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY
Cash & Short Term Investments385.29348.54306.89651.95673.00479.69140.60102.75147.47
Short Term Receivables90.4266.5148.7043.2842.3528.2046.7424.3641.94
Inventories627.23477.59346.50332.03272.35238.06217.92233.97206.44
Other Current Assets26.739.168.647.9158.4116.7624.241.95-
Total Current Assets1,129.67901.79710.731,035.171,046.12762.70429.50363.03395.85
Net Property, Plant & Equipment3,760.343,291.433,563.492,274.732,231.832,387.022,046.732,035.101,973.16
Total Investments and Advances459.17227.56276.29184.12165.13104.69140.2178.7293.61
Long-Term Note Receivable-----0.003.985.057.72
Intangible Assets--------0.00
Deferred Tax Assets76.440.0016.930.001.4624.551.3410.9127.43
Other Assets453.70393.21307.18187.22116.7683.4361.3155.00187.38
Total Assets5,879.324,814.004,874.623,681.233,561.293,362.382,683.072,547.802,685.16
Short Term Debt Incl. Current Port. of LT Debt33.8716.4216.2615.5225.4134.1126.0325.01302.63
Accounts Payable174.80156.35167.12114.79111.7289.0683.3780.3295.09
Income Tax Payable267.07103.56120.6895.6292.28154.7153.4066.9026.45
Other Current Liabilities585.51304.369.427.681.798.212.2735.0270.37
Total Current Liabilities1,061.26580.69313.47233.62231.19286.09165.06207.25494.54
Long Term Debt564.44421.46175.8741.7149.7375.91235.82454.53399.55
Provision for Risks Charges176.40158.95263.38103.69123.66110.1680.16126.11111.33
Deferred Tax Liabilities151.34169.74188.11182.51187.89220.90145.59103.3881.52
Other Liabilities284.37447.4623.827.927.828.734.793.6831.82
Total Liabilities2,237.801,778.30964.64569.44600.29701.79631.42894.951,118.76
Non-Equity Reserves0.000.000.000.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.000.000.000.00
Common Equity3,593.572,983.073,810.383,008.132,860.292,572.021,990.241,610.951,552.10
Total Shareholders Equity3,593.572,983.073,810.383,008.132,860.292,572.021,990.241,610.951,552.10
Accumulated Minority Interest47.9552.6399.60103.66100.7188.5761.4141.9114.29
Total Equity3,641.523,035.703,909.973,111.792,961.012,660.592,051.651,652.851,566.39
Total Liabilities & Stockholders Equity5,879.324,814.004,874.623,681.233,561.293,362.382,683.072,547.802,685.16
Book Value Per Share2.682.262.932.802.712.451.931.621.59
Tangible Book Value Per Share2.682.262.932.802.712.451.931.621.59
Full-Time Employees6,3276,4786,1504,9954,6896,1204,2175,2425,392
Price to Book Ratio1.601.051.041.331.452.282.071.802.00
Return on Assets7.52-13.000.246.9812.1320.7810.954.532.26
Return on Equity12.22-18.540.308.6215.4727.5315.917.503.79
Return on Invested Capital9.67-18.500.258.2914.4423.7213.181.402.91
Quick Ratio0.470.731.163.013.351.831.280.620.38
Current Ratio1.061.552.274.434.522.672.601.750.80

Cash flow, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Net Income1,205.30426.70-626.6541.59286.72460.83672.41308.86134.77
Depreciation537.48440.83367.41402.37383.85378.89301.49251.31248.20
Other Funds (Non Cash)-757.21199.031,410.28397.0540.76-10.64-168.41-102.63-11.65
Funds from Operations1,040.68922.011,148.74829.67707.42823.81857.60516.62399.74
Extraordinary Item0.000.000.000.000.000.000.000.000.00
Changes in Working Capital-89.84-44.62-282.78-119.80-116.08-105.9380.60-47.0214.28
Income Taxes Payable112.84219.53-21.1849.660.99-44.40101.31-12.8340.67
Cash from Operating Activities950.84877.39865.96709.87591.34717.88938.19469.60414.03
Capital Expenditures-707.30-862.83-918.39-810.85-342.07-302.32-352.57-261.16-221.86
Net Assets From Acquisitions0.000.000.00-13.38-3.340.000.000.000.00
Sale of Fixed Assets and Businesses321.510.007.5041.930.0031.6824.5351.530.00
Purchase or Sale of Investments-9.88-31.66150.43-42.28-11.75-13.95-11.580.000.00
Purchase of Investments-51.34-86.61-47.82-42.28-11.75-13.95-11.580.000.00
Sale Or Maturity of Investments41.4754.95198.250.000.000.000.000.000.00
Other Uses-2.710.00-2.84-20.77-78.04-1.690.00-54.43-52.15
Other Sources1.751.750.000.0046.420.001.671.270.54
Cash from Investing Activities-396.63-892.74-763.30-845.34-388.78-286.28-337.96-262.79-273.47
Cash Dividends Paid-102.29-103.44-184.63-186.72-170.64-168.37-115.27-10.270.00
Change in Capital Stock-114.0470.1513.2012.8514.286.4446.1572.9322.81
Repurchase of Common Pref Stock-202.89-9.850.000.000.000.000.000.000.00
Sale of Common Pref Stock88.8580.0013.2012.8514.286.4446.1572.9322.81
Proceedsfrom Stock Options13.9513.9210.070.000.000.000.000.000.00
Issuance or Reduction of Debt, Net-115.46199.24242.49133.40-22.20-32.16-187.03-229.40-204.30
Change in Long Term Debt-115.46199.24242.49133.40-22.20-32.17-187.03-229.40-204.30
Issuance of Long Term Debt110.56663.25457.78150.000.000.00291.423.46282.12
Reduction of Long Term Debt-226.01-464.00-215.29-16.60-22.20-32.17-478.45-232.86-486.42
Net Financing Active Other Cash Flow-243.84-66.78-121.95-141.27-21.65-30.01-6.63-2.96-2.17
Other Financing Activities Uses-244.04-66.78-122.87-146.14-30.33-36.19-9.21-2.96-2.17
Cash from Financing Activities-598.5677.09-57.42-187.93-206.83-228.00-266.41-169.69-183.67
Exchange Rate Effect-31.43-18.29-15.16-21.66-16.78-10.295.270.72-1.61
Net Change in Cash-75.7743.4530.08-345.05-21.05193.31339.0937.84-44.72
Free Cash Flow302.4365.240.20-24.97312.90471.68633.80208.44192.16
Preferred Dividends (Cash Flow)-0.000.000.000.000.000.000.000.00
Price to Free Cash Flow38.69---26.7213.8011.4020.7415.92
Deferred Taxes & Investment Tax Credit--144.55-2.30-11.34-3.92-5.2752.1059.0828.42

Balance sheet, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Cash & Short Term Investments297.07290.03482.06385.29375.65310.31
Short Term Receivables95.9783.8681.3390.4273.9453.88
Inventories713.57696.87663.37627.23598.54561.12
Other Current Assets35.0031.2382.0126.7322.3324.63
Total Current Assets1,141.601,101.991,308.771,129.671,070.47949.93
Net Property, Plant & Equipment4,083.813,775.763,745.823,760.343,766.733,596.70
Total Investments and Advances462.20404.90429.02459.17345.33296.19
Deferred Tax Assets0.0024.1846.7276.4416.1731.39
Other Assets532.38442.41434.31453.70493.51432.16
Total Assets6,220.005,749.255,964.635,879.325,692.225,306.37
Short Term Debt Incl. Current Port. of LT Debt30.5732.6128.7533.8730.0731.41
Accounts Payable177.96189.45184.38174.80156.98157.82
Income Tax Payable306.62316.13429.19267.07242.69139.04
Other Current Liabilities129.02158.68455.93585.51605.83640.78
Total Current Liabilities644.17696.871,098.251,061.261,035.57969.05
Long Term Debt515.64423.48491.13564.44607.54411.48
Provision for Risks Charges155.00171.87174.19176.40181.97173.00
Deferred Tax Liabilities251.06198.21195.53151.34203.11182.24
Other Liabilities248.25254.22292.06284.37293.24254.05
Total Liabilities1,814.131,744.662,251.162,237.802,321.431,989.83
Non-Equity Reserves0.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.00
Common Equity4,369.413,971.883,670.923,593.573,325.083,269.94
Total Shareholders Equity4,369.413,971.883,670.923,593.573,325.083,269.94
Accumulated Minority Interest36.4732.7242.5547.9545.7046.60
Total Equity4,405.884,004.593,713.473,641.523,370.783,316.54
Total Liabilities & Stockholders Equity6,220.005,749.255,964.635,879.325,692.225,306.37
Book Value Per Share3.323.012.752.682.502.47
Tangible Book Value Per Share3.323.012.752.682.502.47
Full-Time Employees---6,327--
Price to Book Ratio1.601.241.651.802.001.52
Return on Assets20.0914.609.847.524.19-8.27
Return on Equity31.1122.2916.0212.226.90-12.34
Return on Invested Capital8.379.494.804.100.494.19
Quick Ratio0.660.580.590.470.460.40
Current Ratio1.771.581.191.061.030.98

Cash flow, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Net Income405.67416.71205.55177.3722.97164.69
Depreciation116.20119.77161.24140.27105.84106.09
Other Funds (Non Cash)-220.37-473.30-71.427.8713.3973.93
Funds from Operations372.2390.34377.45200.65173.50309.29
Extraordinary Item0.000.000.000.000.000.00
Changes in Working Capital-147.05-172.75153.2976.67-8.39-47.79
Income Taxes Payable-12.34-106.71168.9662.93116.8112.47
Cash from Operating Activities225.18-82.41530.74277.33165.11261.50
Capital Expenditures-186.59-177.10-177.68-165.92-262.34-250.66
Net Assets From Acquisitions0.000.000.000.000.000.00
Sale of Fixed Assets and Businesses-1.87323.380.000.000.000.00
Purchase or Sale of Investments-12.0710.542.29-10.63-18.290.42
Purchase of Investments-10.32-6.810.00-34.21-26.83-22.52
Sale Or Maturity of Investments-1.7417.352.2923.588.5422.94
Other Uses-2.400.29-0.640.05-0.056.13
Other Sources0.000.000.001.75-0.060.06
Cash from Investing Activities-202.93157.10-176.04-174.75-280.74-244.05
Cash Dividends Paid-25.24-25.71-26.31-25.04-26.20-26.87
Preferred Dividends (Cash Flow)0.000.000.000.000.000.00
Change in Capital Stock-25.27-80.59-52.6144.4219.604.04
Repurchase of Common Pref Stock-31.92-91.54-79.560.13-10.000.00
Sale of Common Pref Stock6.6510.9526.9544.2929.604.04
Proceedsfrom Stock Options0.000.000.0013.950.000.00
Issuance or Reduction of Debt, Net92.82-76.36-77.32-54.60203.720.03
Change in Long Term Debt92.82-76.36-77.32-54.60203.720.03
Issuance of Long Term Debt93.87-0.1225.00-8.19206.5411.39
Reduction of Long Term Debt-1.05-76.24-102.32-46.40-2.82-11.36
Net Financing Active Other Cash Flow-46.64-76.17-81.20-39.84-4.81-9.82
Other Financing Activities Uses-46.77-76.13-81.30-39.84-4.81-9.82
Cash from Financing Activities-10.20-264.10-244.23-80.02186.78-41.25
Exchange Rate Effect-4.55-2.95-14.20-9.73-11.451.67
Net Change in Cash7.50-192.3796.2812.8259.70-22.13
Free Cash Flow58.07-246.82364.75126.44-81.3025.06
Price to Free Cash Flow38.6993.4020.57---

Revenue breakdown

Revenue split-

Short interest

shares short against float, oldest to newest
SettlementOf floatShares shortFloatAvg volume
2026-10-305.12%67.1M1310.2M25.00M
2026-10-155.13%67.2M1310.2M24.18M
2026-09-305.50%72.1M1310.1M24.58M
2026-09-156.44%84.4M1310.1M25.34M
2026-08-315.85%76.7M1310.1M24.66M
2026-08-146.10%76.0M1246.2M22.85M
2026-07-314.95%61.9M1251.0M23.12M
2026-07-154.86%60.8M1251.0M26.35M
2026-06-304.84%60.6M1251.8M27.14M
2026-06-154.65%58.2M1251.8M28.96M
2026-05-294.60%57.5M1251.7M29.84M
2026-05-154.41%55.7M1261.8M32.46M
2026-04-304.96%62.7M1262.6M34.60M
2026-04-154.20%53.1M1262.6M38.36M
2026-03-314.14%52.3M1262.9M40.41M
2026-03-134.53%57.2M1262.9M39.23M
2026-02-274.94%62.1M1257.1M39.33M
2026-02-135.58%70.2M1257.1M39.01M
2026-01-305.16%65.8M1275.1M40.19M
2026-01-155.46%69.6M1275.1M39.47M

Option chain

expiry 2026-11-13
TypeStrikeBidAskLastIVOpen intVolumeDeltaThetaVega
call1.004.004.604.3019.89020.0011.000.983-0.0410.000
call1.503.604.003.8012.83413.0010.000.977-0.0410.000
call2.003.103.603.2511.7864.003.000.969-0.0400.000
call2.502.653.102.829.49710.006.000.961-0.0390.000
call3.002.252.402.055.4561.000.000.950-0.0370.000
call3.501.552.101.876.14811.002.000.937-0.0350.001
call4.001.201.451.403.52662.008.000.916-0.0320.001
call4.500.700.951.152.49352.000.000.881-0.0280.001
call5.000.250.400.351.15326958.000.780-0.0230.001
call5.500.000.100.060.9421,4561.000.356-0.0300.002
call6.000.000.050.051.3231561.000.161-0.0270.001
call6.500.000.100.011.8823140.000.123-0.0320.001
call7.000.000.050.032.3362.002.000.104-0.0350.001
call7.500.000.200.002.7380.000.000.092-0.0370.001
call8.000.000.200.123.0981.001.000.084-0.0390.001
call8.500.000.200.093.4261.002.000.078-0.0410.001
call9.000.000.200.093.7271.001.000.073-0.0430.001
call9.500.000.200.094.0061.000.000.069-0.0440.001
call10.000.000.200.034.2431.000.000.066-0.0450.001
put1.000.000.050.0811.8184.000.00-0.017-0.0410.000
put1.500.000.200.139.0124.000.00-0.023-0.0410.000
put2.000.000.100.007.0990.000.00-0.030-0.0400.000
put2.500.000.100.005.6410.000.00-0.039-0.0390.000
put3.000.000.100.004.4530.000.00-0.049-0.0370.000
put3.500.000.050.003.2990.000.00-0.054-0.0280.001
put4.000.000.050.042.5111180.00-0.085-0.0320.001
put4.500.000.050.031.7226090.00-0.117-0.0280.001
put5.000.000.100.030.88116910.00-0.220-0.0230.001
put5.500.150.300.251.00510812.00-0.644-0.0290.002
put6.000.550.850.652.1129.001.00-0.838-0.0260.001
put6.501.051.301.212.3941.000.00-0.876-0.0310.001
put7.001.551.801.572.9102.002.00-0.895-0.0340.001
put7.502.052.302.083.3623.003.00-0.907-0.0370.001
put8.002.552.800.003.7660.000.00-0.916-0.0390.001
put8.503.003.303.084.1332.002.00-0.922-0.0400.001
put9.003.503.903.605.3572.002.00-0.927-0.0420.001
put9.504.004.304.074.7782.002.00-0.931-0.0430.001
put10.004.504.804.454.8600.000.00-0.934-0.0440.001

Latest SEC filings

30
FiledFormDescriptionPeriodLink
2026-11-056-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-11-04SEC
2026-11-046-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-09-30SEC
2026-10-156-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-10-14SEC
2026-09-286-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-09-28SEC
2026-08-316-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-08-28SEC
2026-08-076-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-06-30SEC
2026-08-076-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-08-07SEC
2026-08-076-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-08-06SEC
2026-08-05S-8Initial registration statement for securities to be offered to employees pursuant to employee benefit plansSEC
2026-07-136-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-07-10SEC
2026-06-11SDSpecialized Disclosure ReportSEC
2026-06-086-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-06-05SEC
2026-06-086-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-06-08SEC
2026-05-266-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-05-25SEC
2026-05-15SCHEDULE 13G/ASEC
2026-05-076-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-03-31SEC
2026-05-076-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-05-06SEC
2026-04-286-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-04-13SEC
2026-04-236-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-04-23SEC
2026-04-206-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-04-20SEC
2026-04-206-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-04-19SEC
2026-04-206-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-04-17SEC
2026-04-17SCHEDULE 13GSEC
2026-04-146-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-04-13SEC
2026-04-016-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-04-01SEC
2026-03-266-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-03-25SEC
2026-03-1140-FRegistration Statement Pursuant to Section 12 of the Securities Exchange Act of 1934 or Annual Report pursuant to Section 13(a) or 15(d) of the Securities Exchange Act of 19342025-12-31SEC
2026-02-236-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-02-23SEC
2026-02-196-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162025-12-31SEC
2026-02-196-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-02-18SEC

Insider activity by month

MonthBoughtBuysSoldSells
2026-110000
2026-100000
2026-090000
2026-080000
2026-070000
2026-060000
2026-050000
2026-040000
2026-030000
2026-020000
2026-010000
2025-120000
2025-110000

Institutional holders

Manager% owned
VAN ECK ASSOCIATES CORP6.84%
Pale Fire Capital SE4.85%
L1 Capital Pty Ltd3.67%
AMERICAN CENTURY COMPANIES INC2.95%
DIMENSIONAL FUND ADVISORS LP2.81%
VANGUARD CAPITAL MANAGEMENT LLC2.77%
TWO SIGMA INVESTMENTS, LP2.74%
Connor, Clark & Lunn Investment Management Ltd.2.43%
MILLENNIUM MANAGEMENT LLC1.86%
D. E. Shaw & Co., Inc.1.43%

Funds

Fund% owned
VanEck Gold Miners ETF3.67%
VanEck Junior Gold Miners ETF2.18%
Franklin Convertible Securities Fund1.90%
VANGUARD TOTAL INTERNATIONAL STOCK INDEX FUND1.40%
DFA INTERNATIONAL SMALL CAP VALUE PORTFOLIO1.02%
VANGUARD DEVELOPED MARKETS INDEX FUND0.92%
iShares Convertible Bond ETF0.73%
First Eagle Gold Fund0.71%
State Street(R) SPDR(R) Bloomberg Convertible Securities ETF0.54%
ABSOLUTE CONVERTIBLE ARBITRAGE FUND0.49%

OakChart. BTG. Cached 15 minutes.

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