WallStSmart

B2Gold Corp (BTG)vsMP Materials Corp (MP)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

B2Gold Corp generates 1011% more annual revenue ($3.06B vs $275.46M). BTG leads profitability with a 13.1% profit margin vs -31.2%. BTG earns a higher WallStSmart Score of 76/100 (B+).

BTG

Strong Buy

76

out of 100

Grade: B+

Growth: 10.0Profit: 7.5Value: 6.7Quality: 7.0
Piotroski: 4/9Altman Z: 2.03

MP

Avoid

28

out of 100

Grade: F

Growth: 4.7Profit: 2.0Value: 5.0Quality: 7.0
Piotroski: 4/9Altman Z: 1.13
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

BTGUndervalued (+77.4%)

Margin of Safety

+77.4%

Fair Value

$24.87

Current Price

$4.31

$20.56 discount

UndervaluedFair: $24.87Overvalued

Intrinsic value data unavailable for MP.

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

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
15.4x8/10

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

MP1 strengths · Avg: 10.0/10
Revenue GrowthGrowth
70.0%10/10

Revenue surging 70.0% year-over-year

Areas to Watch

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

Expensive relative to growth rate

MP4 concerns · Avg: 2.0/10
Return on EquityProfitability
-5.0%2/10

ROE of -5.0% — below average capital efficiency

EPS GrowthGrowth
-55.6%2/10

Earnings declined 55.6%

Free Cash FlowQuality
$-109.26M2/10

Negative free cash flow — burning cash

Altman Z-ScoreHealth
1.132/10

Distress zone — elevated risk

Comparative Analysis Report

WallStSmart Research

Bull Case : BTG

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

Bull Case : MP

The strongest argument for MP centers on Revenue Growth. Revenue growth of 70.0% demonstrates continued momentum.

Bear Case : BTG

The primary concerns for BTG are PEG Ratio.

Bear Case : MP

The primary concerns for MP are Return on Equity, EPS Growth, Free Cash Flow.

Key Dynamics to Monitor

BTG profiles as a growth stock while MP is a hypergrowth play — different risk/reward profiles.

MP carries more volatility with a beta of 1.68 — expect wider price swings.

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

BTG generates stronger free cash flow (128M), providing more financial flexibility.

Bottom Line

BTG scores higher overall (76/100 vs 28/100) and 110.9% revenue growth. Both earn "Strong Buy" and "Avoid" ratings respectively — the choice depends on your investment horizon and risk tolerance.

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

B2Gold Corp

BASIC MATERIALS · GOLD · USA

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

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MP Materials Corp

BASIC MATERIALS · OTHER INDUSTRIAL METALS & MINING · USA

MP Materials Corp. The company is headquartered in Las Vegas, Nevada.

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