B2Gold (TSX:BTO) 3-1 Month Momentum %: -13.36% (As of Aug. 04, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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
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
83 GF Score
Price C$5.25
GF Value C$7.36
Valuation Modestly Undervalued
! 7 Warning Signs
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What is B2Gold 3-1 Month Momentum %?

B2Gold TSX:BTO -2.60% 83 3-1 Month Momentum % is -13.36% as of Aug. 04, 2026. GuruFocus rates TSX:BTO with a GF Score™ of 83/100 and a GF Value™ of C$7.36 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 2,530 Metals & Mining companies, B2Gold ranks worse than 50.79% on this metric.

3-1 Month Momentum % is the total return of the stock from 3-month ago to 1-month ago. As of today (2026-08-04), B2Gold's 3-1 Month Momentum % is -13.36%.

The industry rank for B2Gold's 3-1 Month Momentum % or its related term are showing as below:

TSX:BTO's 3-1 Month Momentum % is ranked worse than
50.79% of 2530 companies
in the Metals & Mining industry
Industry Median: -13.04 vs TSX:BTO: -13.36

B2Gold  (TSX:BTO) 3-1 Month Momentum % Explanation

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 3-1 Month Momentum % measures the total return to a stock over the past three 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 3-1 Month Momentum % Related Terms


TSX:BTO vs NEM, AU: 3-1 Month Momentum % Comparison

For the Gold subindustry, B2Gold's 3-1 Month Momentum %, along with its competitors' market caps and 3-1 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 3-1 Month Momentum % vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, B2Gold's 3-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where B2Gold's 3-1 Month Momentum % falls into.


TSX:BTO
83GF Score
B2Gold Corp TSX:BTO
3-1 Month Momentum % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

B2Gold  (TSX:BTO) 3-1 Month Momentum % Calculation

3-1 Month Momentum % is calculated as following:

3-1 Month Momentum %=( Price 1-month ago / Price 3-month ago - 1 ) * 100 %

* 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.

Frequently Asked Questions Learn more about 3-1 Month Momentum % →
What does a 3-1 Month Momentum % of -13.36% mean?
B2Gold (TSX:BTO) has a 3-1 Month Momentum % of -13.36% as of Aug. 04, 2026. 3-1 Month Momentum measures the total return of the stock from 3-month ago to 1-month ago. View historical data on B2Gold and its competitors. According to the industry distribution chart, B2Gold ranks #1285 out of 2530 companies in the Metals & Mining industry, placing it in the top 50.8%.
Is B2Gold's 3-1 Month Momentum % too high?
B2Gold's current 3-1 Month Momentum % is -13.36%. Based on the distribution chart, B2Gold ranks #1285 out of 2530 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, B2Gold has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does B2Gold's 3-1 Month Momentum % compare to NEM and AU?
According to the Metals & Mining industry distribution chart, B2Gold ranks #1285 out of 2530 companies for 3-1 Month Momentum %. This places B2Gold in the lower half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-1 Month Momentum % for a Metals & Mining company?
A good 3-1 Month Momentum % depends on the Metals & Mining industry context. However, 3-1 Month Momentum % 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 3-1 Month Momentum % mean?
A high 3-1 Month Momentum % can signal that a stock is expensive relative to its fundamentals. 3-1 Month Momentum measures the total return of the stock from 3-month ago to 1-month ago. View historical data on B2Gold and its competitors. B2Gold's current 3-1 Month Momentum % is -13.36%. 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$7.36, compared to a current price of C$5.25 — trading 28.7% below its estimated fair value. The current 3-1 Month Momentum % is -13.36%. B2Gold's overall GF Score™ is 83/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-1 Month Momentum % calculated?
3-1 Month Momentum % is calculated from a company's financial statements. For B2Gold (TSX:BTO), the current 3-1 Month Momentum % is -13.36% as of Aug. 04, 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$5.25 is trading 28.7% below its estimated GF Value™ of C$7.36. GuruFocus considers B2Gold to be Modestly Undervalued.

Key valuation signals for TSX:BTO:

  • 3-1 Month Momentum %: -13.36%
  • GF Value™: C$7.36 vs. price of C$5.25 (28.7% below fair value)
  • GF Score™: 83/100 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.
83GF Score

Get the complete analysis for TSX:BTO

3-1 Month Momentum % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$5.25
Price
C$7.36
GF Value