B2Gold (NAM:B2G) Total Operating Expense: R2,297 Mil (TTM As of Mar. 2026)


NAM:B2G B2Gold Corp NAM:B2G
89 GF Score
Price R56.42
GF Value R69.22
! 6 Warning Signs
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What is B2Gold Total Operating Expense?

B2Gold NAM:B2G 89 Total Operating Expense is R2,297 Mil as of Mar. 2026. GuruFocus rates NAM:B2G with a GF Score™ of 89/100 and a GF Value™ of R69.22. The stock has 6 warning signs investors should review.

B2Gold's Total Operating Expense for the three months ended in Mar. 2026 was R615 Mil. B2Gold's Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 was R2,297 Mil.

B2Gold Total Operating Expense Related Terms

B2Gold Total Operating Expense Historical Data

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The historical data trend for B2Gold's Total Operating Expense 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 Total Operating Expense Chart

B2Gold Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,304.86 1,515.72 1,963.25 2,029.36 2,131.85

B2Gold Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Operating Expense 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 580.18 608.12 620.98 452.63 615.41
NAM:B2G
89GF Score
B2Gold Corp NAM:B2G
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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B2Gold Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.


Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was R2,297 Mil.

* 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.

What does a Total Operating Expense of R2,297 Mil mean?
B2Gold (NAM:B2G) has a Total Operating Expense of R2,297 Mil as of Mar. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on B2Gold and its competitors.
Is B2Gold's Total Operating Expense too high?
B2Gold's current Total Operating Expense is R2,297 Mil. Overall, B2Gold has a GF Score™ of 89/100, reflecting its overall financial health beyond just this single metric.
How does B2Gold's Total Operating Expense compare to NEM and AU?
B2Gold's Total Operating Expense of R2,297 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 Total Operating Expense for a Metals & Mining company?
A good Total Operating Expense depends on the Metals & Mining industry context. However, Total Operating Expense 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 Total Operating Expense mean?
A high Total Operating Expense can signal that a stock is expensive relative to its fundamentals. Total operating expense is the primary recurring expense associated with central operations. View historical data on B2Gold and its competitors. B2Gold's current Total Operating Expense is R2,297 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?
B2Gold (NAM:B2G) has a current Total Operating Expense of R2,297 Mil. The stock's GF Value™ is R69.22, compared to a current price of R56.42 — trading 18.5% below its estimated fair value. The current Total Operating Expense is R2,297 Mil. B2Gold's overall GF Score™ is 89/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Operating Expense calculated?
Total Operating Expense is calculated from a company's financial statements. For B2Gold (NAM:B2G), the current Total Operating Expense is R2,297 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 (NAM:B2G) Overvalued in 2026?

Based on GuruFocus' analysis, B2Gold stock appears to be undervalued. The current stock price of R56.42 is trading 18.5% below its estimated GF Value™ of R69.22.

Key valuation signals for NAM:B2G:

  • Total Operating Expense: R2,297 Mil
  • GF Value™: R69.22 vs. price of R56.42 (18.5% below fair value)
  • GF Score™: 89/100 with 6 warning signs

No single metric tells the full story. See the NAM:B2G 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.
89GF Score

Get the complete analysis for NAM:B2G

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

R56.42
Price
R69.22
GF Value