WallStSmart

Barrick Mining Corporation (B)vsB2Gold Corp (BTG)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Barrick Mining Corporation generates 446% more annual revenue ($20.66B vs $3.78B). B leads profitability with a 31.6% profit margin vs 21.3%. B appears more attractively valued with a PEG of 2.04. B earns a higher WallStSmart Score of 82/100 (A-).

B

Exceptional Buy

82

out of 100

Grade: A-

Growth: 9.3Profit: 9.0Value: 8.0Quality: 9.0
Piotroski: 7/9Altman Z: 2.34

BTG

Strong Buy

78

out of 100

Grade: B+

Growth: 8.7Profit: 8.5Value: 7.3Quality: 7.5
Piotroski: 4/9Altman Z: 2.03
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

BUndervalued (+88.3%)

Margin of Safety

+88.3%

Fair Value

$369.54

Current Price

$43.88

$325.66 discount

UndervaluedFair: $369.54Overvalued
BTGUndervalued (+80.3%)

Margin of Safety

+80.3%

Fair Value

$28.58

Current Price

$5.35

$23.23 discount

UndervaluedFair: $28.58Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

B6 strengths · Avg: 9.8/10
P/E RatioValuation
11.2x10/10

Attractively priced relative to earnings

Profit MarginProfitability
31.6%10/10

Keeps 32 of every $100 in revenue as profit

Operating MarginProfitability
51.3%10/10

Strong operational efficiency at 51.3%

Revenue GrowthGrowth
43.8%10/10

Revenue surging 43.8% year-over-year

EPS GrowthGrowth
55.3%10/10

Earnings expanding 55.3% YoY

Market CapQuality
$71.89B9/10

Large-cap with strong market position

BTG6 strengths · Avg: 9.3/10
P/E RatioValuation
9.6x10/10

Attractively priced relative to earnings

Operating MarginProfitability
45.7%10/10

Strong operational efficiency at 45.7%

EPS GrowthGrowth
185.4%10/10

Earnings expanding 185.4% YoY

Profit MarginProfitability
21.3%9/10

Keeps 21 of every $100 in revenue as profit

Debt/EquityHealth
0.119/10

Conservative balance sheet, low leverage

Price/BookValuation
1.8x8/10

Reasonable price relative to book value

Areas to Watch

B1 concerns · Avg: 4.0/10
PEG RatioValuation
2.044/10

Expensive relative to growth rate

BTG2 concerns · Avg: 2.0/10
PEG RatioValuation
4.712/10

Expensive relative to growth rate

Free Cash FlowQuality
$-237.30M2/10

Negative free cash flow — burning cash

Comparative Analysis Report

WallStSmart Research

Bull Case : B

The strongest argument for B centers on P/E Ratio, Profit Margin, Operating Margin. Profitability is solid with margins at 31.6% and operating margin at 51.3%. Revenue growth of 43.8% demonstrates continued momentum.

Bull Case : BTG

The strongest argument for BTG centers on P/E Ratio, Operating Margin, EPS Growth. Profitability is solid with margins at 21.3% and operating margin at 45.7%. Revenue growth of 14.0% demonstrates continued momentum.

Bear Case : B

The primary concerns for B are PEG Ratio.

Bear Case : BTG

The primary concerns for BTG are PEG Ratio, Free Cash Flow.

Key Dynamics to Monitor

B profiles as a growth stock while BTG is a mature play — different risk/reward profiles.

BTG carries more volatility with a beta of 1.46 — expect wider price swings.

B is growing revenue faster at 43.8% — sustainability is the question.

B generates stronger free cash flow (669M), providing more financial flexibility.

Bottom Line

B scores higher overall (82/100 vs 78/100), backed by strong 31.6% margins and 43.8% revenue growth. BTG offers better value entry with a 80.3% margin of safety. Both earn "Exceptional Buy" and "Strong Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Barrick Mining Corporation

BASIC MATERIALS · GOLD · USA

Barnes Group Inc. provides engineering products, industrial technologies, and solutions in the United States and internationally. The company is headquartered in Bristol, Connecticut.

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B2Gold Corp

BASIC MATERIALS · GOLD · USA

B2Gold Corp. The company is headquartered in Vancouver, Canada.

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