BTG vs. NEM
Compare and contrast key facts about B2Gold Corp. (BTG) and Newmont Goldcorp Corporation (NEM).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BTG or NEM.
Correlation
The correlation between BTG and NEM is 0.22, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
BTG vs. NEM - Performance Comparison
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Key characteristics
BTG:
0.31
NEM:
0.55
BTG:
0.93
NEM:
1.07
BTG:
1.11
NEM:
1.15
BTG:
0.33
NEM:
0.48
BTG:
1.29
NEM:
1.37
BTG:
15.74%
NEM:
18.11%
BTG:
46.47%
NEM:
37.11%
BTG:
-85.97%
NEM:
-77.55%
BTG:
-46.27%
NEM:
-32.11%
Fundamentals
BTG:
$4.03B
NEM:
$58.21B
BTG:
-$0.47
NEM:
$4.39
BTG:
4.71
NEM:
0.79
BTG:
2.04
NEM:
2.96
BTG:
1.31
NEM:
1.81
BTG:
$1.97B
NEM:
$19.65B
BTG:
$941.63M
NEM:
$7.72B
BTG:
-$9.05M
NEM:
$9.78B
Returns By Period
In the year-to-date period, BTG achieves a 32.52% return, which is significantly lower than NEM's 41.35% return. Over the past 10 years, BTG has underperformed NEM with an annualized return of 8.54%, while NEM has yielded a comparatively higher 9.38% annualized return.
BTG
32.52%
-3.31%
17.11%
14.16%
-3.33%
-6.22%
8.54%
NEM
41.35%
-5.05%
22.57%
20.39%
-4.79%
-0.64%
9.38%
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Risk-Adjusted Performance
BTG vs. NEM — Risk-Adjusted Performance Rank
BTG
NEM
BTG vs. NEM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for B2Gold Corp. (BTG) and Newmont Goldcorp Corporation (NEM). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
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Dividends
BTG vs. NEM - Dividend Comparison
BTG's dividend yield for the trailing twelve months is around 4.36%, more than NEM's 1.91% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BTG B2Gold Corp. | 4.36% | 6.56% | 5.06% | 4.48% | 4.07% | 1.96% | 0.25% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
NEM Newmont Goldcorp Corporation | 1.91% | 2.69% | 3.87% | 4.66% | 3.55% | 1.74% | 3.31% | 1.62% | 0.67% | 0.37% | 0.56% | 1.19% |
Drawdowns
BTG vs. NEM - Drawdown Comparison
The maximum BTG drawdown since its inception was -85.97%, which is greater than NEM's maximum drawdown of -77.55%. Use the drawdown chart below to compare losses from any high point for BTG and NEM. For additional features, visit the drawdowns tool.
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Volatility
BTG vs. NEM - Volatility Comparison
B2Gold Corp. (BTG) has a higher volatility of 14.03% compared to Newmont Goldcorp Corporation (NEM) at 12.11%. This indicates that BTG's price experiences larger fluctuations and is considered to be riskier than NEM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Financials
BTG vs. NEM - Financials Comparison
This section allows you to compare key financial metrics between B2Gold Corp. and Newmont Goldcorp Corporation. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
BTG vs. NEM - Profitability Comparison
BTG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, B2Gold Corp. reported a gross profit of 237.75M and revenue of 532.11M. Therefore, the gross margin over that period was 44.7%.
NEM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Newmont Goldcorp Corporation reported a gross profit of 2.31B and revenue of 5.01B. Therefore, the gross margin over that period was 46.1%.
BTG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, B2Gold Corp. reported an operating income of 208.83M and revenue of 532.11M, resulting in an operating margin of 39.3%.
NEM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Newmont Goldcorp Corporation reported an operating income of 2.02B and revenue of 5.01B, resulting in an operating margin of 40.2%.
BTG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, B2Gold Corp. reported a net income of 57.59M and revenue of 532.11M, resulting in a net margin of 10.8%.
NEM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Newmont Goldcorp Corporation reported a net income of 1.89B and revenue of 5.01B, resulting in a net margin of 37.7%.