BTG (B2Gold) Inventories, Raw Materials & Components: $583 Mil (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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BTG B2Gold Corp BTG
90 GF Score
Price $5.58
GF Value $4.89
Valuation Modestly Overvalued
! 5 Warning Signs
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What is B2Gold Inventories, Raw Materials & Components?

B2Gold BTG +4.10% 90 Inventories, Raw Materials & Components is $583 Mil as of Jun. 2026. GuruFocus rates BTG with a GF Score™ of 90/100 and a GF Value™ of $4.89 (Modestly Overvalued). The stock has 5 warning signs investors should review.

B2Gold's inventories, raw materials & components for the quarter that ended in Jun. 2026 was $583 Mil.

B2Gold's quarterly raw materials increased from Dec. 2025 ($514 Mil) to Mar. 2026 ($553 Mil) and increased from Mar. 2026 ($553 Mil) to Jun. 2026 ($583 Mil).

B2Gold's annual raw materials increased from Dec. 2023 ($275 Mil) to Dec. 2024 ($398 Mil) and increased from Dec. 2024 ($398 Mil) to Dec. 2025 ($514 Mil).


B2Gold Inventories, Raw Materials & Components Historical Data

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The historical data trend for B2Gold's Inventories, Raw Materials & Components 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 Inventories, Raw Materials & Components Chart

B2Gold Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Inventories, Raw Materials & Components
Get a 7-Day Free Trial Premium Member Only Premium Member Only 206.23 267.91 275.21 397.80 513.97

B2Gold Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Inventories, Raw Materials & Components 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 462.93 495.68 513.97 553.41 582.56
BTG
90GF Score
B2Gold Corp BTG
Inventories, Raw Materials & Components is just one metric. See GF Score™, valuation, warning signs, and more.
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B2Gold Inventories, Raw Materials & Components Calculation

Materials and components scheduled for use in making a product.

What does a Inventories, Raw Materials & Components of $583 Mil mean?
B2Gold (BTG) has a Inventories, Raw Materials & Components of $583 Mil as of Jun. 2026. Raw materials are the components a company uses for its main products. View historical data on B2Gold and its competitors.
Is B2Gold's Inventories, Raw Materials & Components too high?
B2Gold's current Inventories, Raw Materials & Components is $583 Mil. Overall, B2Gold has a GF Score™ of 90/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does B2Gold's Inventories, Raw Materials & Components compare to NEM and AU?
B2Gold's Inventories, Raw Materials & Components of $583 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 Inventories, Raw Materials & Components for a Metals & Mining company?
A good Inventories, Raw Materials & Components depends on the Metals & Mining industry context. However, Inventories, Raw Materials & Components 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 Inventories, Raw Materials & Components mean?
A high Inventories, Raw Materials & Components can signal that a stock is expensive relative to its fundamentals. Raw materials are the components a company uses for its main products. View historical data on B2Gold and its competitors. B2Gold's current Inventories, Raw Materials & Components is $583 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 (BTG) is currently considered Modestly Overvalued. The stock's GF Value™ is $4.89, compared to a current price of $5.58 — trading 14.1% above its estimated fair value. The current Inventories, Raw Materials & Components is $583 Mil. B2Gold's overall GF Score™ is 90/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventories, Raw Materials & Components calculated?
Inventories, Raw Materials & Components is calculated from a company's financial statements. For B2Gold (BTG), the current Inventories, Raw Materials & Components is $583 Mil as of Jun. 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 (BTG) Overvalued in 2026?

Based on GuruFocus' analysis, B2Gold stock appears to be overvalued. The current stock price of $5.58 is trading 14.1% above its estimated GF Value™ of $4.89. GuruFocus considers B2Gold to be Modestly Overvalued.

Key valuation signals for BTG:

  • Inventories, Raw Materials & Components: $583 Mil
  • GF Value™: $4.89 vs. price of $5.58 (14.1% above fair value)
  • GF Score™: 90/100 with 5 warning signs

No single metric tells the full story. See the BTG 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 a Canadian senior gold producer with operating mines in Mali, Namibia, and the Philippines. Its flagship asset is the Fekola mine in Mali, supplemented by the Masbate mine in the Philippines and the Otjikoto mine in Namibia. The company also holds the Goose project in Nunavut, Canada, and the Gramalote project in Colombia, along with exploration properties across several continents. B2Gold generates essentially all of its revenue from the sale of gold doré and concentrate, primarily through open-pit mining operations. Its production is sold into the global gold market, with customers typically being refiners, smelters, and bullion banks. The company focuses on acquiring, exploring, developing, and operating gold deposits, with growth driven by mine expansion and development projects.
90GF Score

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Inventories, Raw Materials & Components is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$5.58
Price
$4.89
GF Value