WallStSmart

Barrick Mining Corporation (B)vsB2Gold Corp (BTG)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Barrick Mining Corporation generates 454% more annual revenue ($16.96B vs $3.06B). B leads profitability with a 29.4% profit margin vs 13.1%. B appears more attractively valued with a PEG of 2.04. B earns a higher WallStSmart Score of 81/100 (A-).

B

Exceptional Buy

81

out of 100

Grade: A-

Growth: 9.3Profit: 9.0Value: 10.0Quality: 8.5
Piotroski: 7/9Altman Z: 2.38

BTG

Strong Buy

76

out of 100

Grade: B+

Growth: 10.0Profit: 7.5Value: 7.3Quality: 7.0
Piotroski: 4/9Altman Z: 2.28
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

BUndervalued (+65.3%)

Margin of Safety

+65.3%

Fair Value

$137.12

Current Price

$37.69

$99.43 discount

UndervaluedFair: $137.12Overvalued
BTGUndervalued (+57.0%)

Margin of Safety

+57.0%

Fair Value

$13.10

Current Price

$4.19

$8.91 discount

UndervaluedFair: $13.10Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

B6 strengths · Avg: 9.5/10
Operating MarginProfitability
52.6%10/10

Strong operational efficiency at 52.6%

Revenue GrowthGrowth
64.5%10/10

Revenue surging 64.5% year-over-year

EPS GrowthGrowth
150.0%10/10

Earnings expanding 150.0% YoY

Market CapQuality
$62.59B9/10

Large-cap with strong market position

Return on EquityProfitability
20.7%9/10

Every $100 of equity generates 21 in profit

Profit MarginProfitability
29.4%9/10

Keeps 29 of every $100 in revenue as profit

BTG6 strengths · Avg: 8.8/10
Operating MarginProfitability
40.5%10/10

Strong operational efficiency at 40.5%

Revenue GrowthGrowth
110.9%10/10

Revenue surging 110.9% year-over-year

Debt/EquityHealth
0.189/10

Conservative balance sheet, low leverage

P/E RatioValuation
14.7x8/10

Attractively priced relative to earnings

Price/BookValuation
1.6x8/10

Reasonable price relative to book value

EPS GrowthGrowth
33.3%8/10

Earnings expanding 33.3% YoY

Areas to Watch

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

Expensive relative to growth rate

BTG1 concerns · Avg: 2.0/10
PEG RatioValuation
4.712/10

Expensive relative to growth rate

Comparative Analysis Report

WallStSmart Research

Bull Case : B

The strongest argument for B centers on Operating Margin, Revenue Growth, EPS Growth. Profitability is solid with margins at 29.4% and operating margin at 52.6%. Revenue growth of 64.5% demonstrates continued momentum.

Bull Case : BTG

The strongest argument for BTG centers on Operating Margin, Revenue Growth, Debt/Equity. Revenue growth of 110.9% 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.

Key Dynamics to Monitor

BTG carries more volatility with a beta of 1.19 — expect wider price swings.

BTG is growing revenue faster at 110.9% — sustainability is the question.

B generates stronger free cash flow (1.4B), providing more financial flexibility.

Monitor GOLD industry trends, competitive dynamics, and regulatory changes.

Bottom Line

B scores higher overall (81/100 vs 76/100), backed by strong 29.4% margins and 64.5% revenue growth. BTG offers better value entry with a 57.0% 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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