B2Gold (TSX:BTO) Marketable Securities: C$0 Mil (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSX:BTO B2Gold Corp TSX:BTO
91 GF Score
Price C$5.33
GF Value C$7.27
Valuation Modestly Undervalued
! 7 Warning Signs
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What is B2Gold Marketable Securities?

B2Gold TSX:BTO -0.37% 91 Marketable Securities is C$0 Mil as of Mar. 2026. GuruFocus rates TSX:BTO with a GF Score™ of 91/100 and a GF Value™ of C$7.27 (Modestly Undervalued). The stock has 7 warning signs investors should review.

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. B2Gold's Marketable Securities for the quarter that ended in Mar. 2026 was C$0 Mil.

B2Gold's annual Marketable Securities increased from Dec. 2023 (C$0 Mil) to Dec. 2024 (C$16 Mil) but then declined from Dec. 2024 (C$16 Mil) to Dec. 2025 (C$7 Mil).

B2Gold  (TSX:BTO) Marketable Securities Explanation

Marketable Securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

Please note, GuruFocus' Marketable Securities also includes "Other Short Term Investment".

B2Gold Marketable Securities Related Terms

B2Gold Marketable Securities Historical Data

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The historical data trend for B2Gold's Marketable Securities can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

B2Gold Marketable Securities Chart

B2Gold Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Marketable Securities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 16.48 6.72

B2Gold Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Marketable Securities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 2.48 11.66 6.72 0.00
TSX:BTO
91GF Score
B2Gold Corp TSX:BTO
Marketable Securities is just one metric. See GF Score™, valuation, warning signs, and more.
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B2Gold Marketable Securities Calculation

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.

Frequently Asked Questions Learn more about Marketable Securities →
What does a Marketable Securities of C$0 Mil mean?
B2Gold (TSX:BTO) has a Marketable Securities of C$0 Mil as of Mar. 2026. Marketable securities are high-liquid securites not directly classified as cash or cash equivalents. View historical data on B2Gold and its competitors.
Is B2Gold's Marketable Securities too high?
B2Gold's current Marketable Securities is C$0 Mil. Overall, B2Gold has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does B2Gold's Marketable Securities compare to NEM and AU?
B2Gold's Marketable Securities of C$0 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Marketable Securities for a Metals & Mining company?
A good Marketable Securities depends on the Metals & Mining industry context. However, Marketable Securities should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Marketable Securities mean?
A high Marketable Securities can signal that a stock is expensive relative to its fundamentals. Marketable securities are high-liquid securites not directly classified as cash or cash equivalents. View historical data on B2Gold and its competitors. B2Gold's current Marketable Securities is C$0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is B2Gold stock overvalued right now?
Based on GuruFocus' analysis, B2Gold (TSX:BTO) is currently considered Modestly Undervalued. The stock's GF Value™ is C$7.27, compared to a current price of C$5.33 — trading 26.7% below its estimated fair value. The current Marketable Securities is C$0 Mil. B2Gold's overall GF Score™ is 91/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Marketable Securities calculated?
Marketable Securities is calculated from a company's financial statements. For B2Gold (TSX:BTO), the current Marketable Securities is C$0 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is B2Gold (TSX:BTO) Overvalued in 2026?

Based on GuruFocus' analysis, B2Gold stock appears to be undervalued. The current stock price of C$5.33 is trading 26.7% below its estimated GF Value™ of C$7.27. GuruFocus considers B2Gold to be Modestly Undervalued.

Key valuation signals for TSX:BTO:

  • Marketable Securities: C$0 Mil
  • GF Value™: C$7.27 vs. price of C$5.33 (26.7% below fair value)
  • GF Score™: 91/100 with 7 warning signs

No single metric tells the full story. See the TSX:BTO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

B2Gold Business Description

Address 666 Burrard Street, Park Place, Suite 3400, Vancouver, BC, CAN, V6C 2X8
B2Gold Corp is an international, low-cost, senior gold mining company. It has three operating open-pit gold mines in Mali, Namibia, and the Philippines and numerous exploration projects across four continents. Other assets include the Gramalote gold projects. The company focuses on acquiring and developing interests in mineral properties with a primary focus on gold deposits as gold production forms all its revenue. The company's reportable operating segments include its mining operations and development projects, namely Fekola; Masbate; Otjikoto; the Goose Project, and other mineral properties; and corporate and other.
91GF Score

Get the complete analysis for TSX:BTO

Marketable Securities is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$5.33
Price
C$7.27
GF Value