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B2GoldTSX:BTO +0.57%88 12-1 Month Momentum % is 0.19% as of Aug. 17, 2026. GuruFocus rates TSX:BTO with a GF Score™ of 88/100 and a GF Value™ of C$7.02 (Fairly Valued). The stock has 5 warning signs investors should review. Among 2,503 Metals & Mining companies, B2Gold ranks worse than 60.09% on this metric.
12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2026-08-17), B2Gold's 12-1 Month Momentum % is 0.19%.
The industry rank for B2Gold's 12-1 Month Momentum % or its related term are showing as below:
TSX:BTO's 12-1 Month Momentum % is ranked worse than 60.09% of 2503
companies
in the Metals & Mining industry
Industry Median: 16.67
vs TSX:BTO: 0.19
Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 12-1 Month Momentum % measures the total return to a stock over the past twelve months, but ignores the previous month.
The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.
B2Gold 12-1 Month Momentum % Related Terms
TSX:BTO vs NEM, AU: 12-1 Month Momentum % Comparison
For the Gold subindustry, B2Gold's 12-1 Month Momentum %, along with its competitors' market caps and 12-1 Month Momentum % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
B2Gold 12-1 Month Momentum % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, B2Gold's 12-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where B2Gold's 12-1 Month Momentum % falls into.
* 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 (TSX:BTO) has a 12-1 Month Momentum % of 0.19% as of Aug. 17, 2026. 12-1 Month Momentum measures the total return of the stock from 12-month ago to 1-month ago. View historical data on B2Gold and its competitors. According to the industry distribution chart, B2Gold ranks #1504 out of 2503 companies in the Metals & Mining industry, placing it in the top 60.1%.
Is B2Gold's 12-1 Month Momentum % too high?
B2Gold's current 12-1 Month Momentum % is 0.19%. The Metals & Mining industry median 12-1 Month Momentum % is 16.67. B2Gold's value of 0.19% is 98.9% below this industry median. Based on the distribution chart, B2Gold ranks #1504 out of 2503 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, B2Gold has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does B2Gold's 12-1 Month Momentum % compare to NEM and AU?
According to the Metals & Mining industry distribution chart, B2Gold ranks #1504 out of 2503 companies for 12-1 Month Momentum %. This places B2Gold in the lower half of its industry. The industry median 12-1 Month Momentum % is 16.67. B2Gold's value of 0.19% is 98.9% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 12-1 Month Momentum % for a Metals & Mining company?
The median 12-1 Month Momentum % among Metals & Mining companies is 16.67, based on 2,503 companies in the industry. Companies in the top quartile (top 25%) have a 12-1 Month Momentum % significantly above this median, while those in the bottom quartile fall well below. However, 12-1 Month Momentum % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. B2Gold's current 12-1 Month Momentum % of 0.19% is 98.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 12-1 Month Momentum % mean?
A high 12-1 Month Momentum % can signal that a stock is expensive relative to its fundamentals. 12-1 Month Momentum measures the total return of the stock from 12-month ago to 1-month ago. View historical data on B2Gold and its competitors. For the Metals & Mining industry, the median 12-1 Month Momentum % is 16.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. B2Gold's current 12-1 Month Momentum % is 0.19%. 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 Fairly Valued. The stock's GF Value™ is C$7.02, compared to a current price of C$7.11 — trading 1.3% above its estimated fair value. The current 12-1 Month Momentum % is 0.19% and 98.9% below the Metals & Mining industry median of 16.67. B2Gold's overall GF Score™ is 88/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 12-1 Month Momentum % calculated?
12-1 Month Momentum % is calculated from a company's financial statements. For B2Gold (TSX:BTO), the current 12-1 Month Momentum % is 0.19% as of Aug. 17, 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 overvalued.
The current stock price of C$7.11 is trading 1.3% above its estimated GF Value™ of C$7.02.
GuruFocus considers B2Gold to be Fairly Valued.
Key valuation signals for TSX:BTO:
12-1 Month Momentum %: 0.19%
GF Value™: C$7.02 vs. price of C$7.11 (1.3% above fair value)
Industry Position: 98.9% below the Metals & Mining median (#1504 of 2503)
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 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.
88GF Score
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