B2GOLD CORP BTG

Basic materials SIC 1040 - Gold and Silver Ores NYSE

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No price or market cap here: this company files no 10-K, so the only share count SEC publishes for it counts its ordinary shares in its home market, while its US listing is a depositary receipt standing for some number of them. That number is in no filing, so a price multiplied by that count is not this company's value and is not shown. The financial statements below are as filed.

Valuation FY2025 figures against the last close

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Annual financial statements

Income statement

Fiscal year	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016
Operating income	$1.38B	-$248.3M	$327.4M	$502.4M	$713.6M	$1.05B	$508.0M	$286.1M	$86.7M	$126.3M
Net income	$426.7M	-$626.7M	$41.6M	$286.7M	$460.8M	$672.4M	$315.8M	$45.1M	$61.6M	$38.6M

Balance sheet

Fiscal year	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016
Total assets	$5.88B	$4.81B	$4.87B	$3.68B	$3.56B	$3.36B	$2.68B	$2.55B	$2.69B	$2.34B
Total equity	$3.64B	$3.04B	$3.91B	$3.11B	$2.96B	$2.66B	$2.05B	$1.65B	$1.57B	$1.45B

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001104659-26-026310.

Others in SIC 1040

Ticker	Company	Market cap	P/E	Revenue growth
NEM	NEWMONT Corp /DE/	$134.97B	20.0x	21.3%
CDE	Coeur Mining, Inc.	$21.83B	22.4x	96.4%
NG	NOVAGOLD RESOURCES INC	$3.54B	—	—
PPTA	PERPETUA RESOURCES CORP.	$3.14B	—	—
HYMC	HYCROFT MINING HOLDING CORP	$2.11B	—	—
IAUX	i-80 Gold Corp.	$1.55B	—	89.1%
MUX	McEwen Inc.	$1.23B	34.0x	13.2%
CTGO	Contango Silver & Gold Inc.	$661.1M	—	—