Sifting through countless of stocks in the Metals & Mining industry can be tedious, and sometimes two stocks are just too similar to judge which is the better investment. If you’re on the fence about investing in B2Gold Corp. or Sandstorm Gold Ltd. because you’re not sure how they measure up, it’s important to compare them on a few factors before making your decision.
Read on to learn how B2Gold Corp. and Sandstorm Gold Ltd. compare based on key financial metrics to determine which better meets your investment needs.
About B2Gold Corp. and Sandstorm Gold Ltd.
B2Gold Corp. operates as a gold producer company in Canada. The company operates the Fekola Mine in Mali, the Masbate Mine in the Philippines, and the Otjikoto Mine in Namibia. It also owns 100% interest in the Gramalote gold project in Colombia. In addition, the company has a portfolio of other evaluation and exploration assets in Mali and Finland. The company was incorporated in 2006 and is headquartered in Vancouver, Canada.
Sandstorm Gold Ltd. operates as a gold royalty company. The company focuses on acquiring royalties and gold and other metals purchase agreements from companies that have advanced stage operating mines. It offers upfront payments for companies to acquire a stream and receives the right to purchase a percentage of a mine’s production for the life of the mine. The company has a portfolio of 243 streams and royalties. It primarily has operations in Canada, Mexico, the United States, Mongolia, Burkina Faso, Ecuador, South Africa, Ghana, Botswana, Cote D’Ivoire, Argentina, Brazil, Chile, Peru, Egypt, Ethiopia, Guyana, Paraguay, French Guiana, Turkey, Sweden, Fiji, and Australia. The company was formerly known as Sandstorm Resources Ltd. and changed its name to Sandstorm Gold Ltd. in February 2011. Sandstorm Gold Ltd. was incorporated in 2007 and is headquartered in Vancouver, Canada.
Latest Metals & Mining and B2Gold Corp., Sandstorm Gold Ltd. Stock News
As of March 17, 2025, B2Gold Corp. had a $4.2 billion market capitalization, compared to the Metals & Mining median of $1.1 million. B2Gold Corp.’s stock is up 34.4% in 2025, up 21.5% in the previous five trading days and up 21.43% in the past year.
Currently, B2Gold Corp. does not have a price-earnings ratio. B2Gold Corp.’s trailing 12-month revenue is $1.9 billion with a -33.1% net profit margin. Year-over-year quarterly sales growth most recently was -2.4%. Analysts expect adjusted earnings to reach $0.416 per share for the current fiscal year. B2Gold Corp. currently has a 2.5% dividend yield.
As of March 17, 2025, Sandstorm Gold Ltd. had a $2.0 billion market cap, putting it in the 59th percentile of all stocks. Sandstorm Gold Ltd.’s stock is up 21.3% in 2025, up 8.8% in the previous five trading days and up 39.14% in the past year.
Currently, Sandstorm Gold Ltd.’s price-earnings ratio is 141.5. Sandstorm Gold Ltd.’s trailing 12-month revenue is $176.3 million with a 8.1% net profit margin. Year-over-year quarterly sales growth most recently was 6.5%. Analysts expect adjusted earnings to reach $0.169 per share for the current fiscal year. Sandstorm Gold Ltd. currently has a 1.2% dividend yield.
How We Compare B2Gold Corp. and Sandstorm Gold Ltd. Stock Grades
Stock evaluation requires access to huge amounts of data and the knowledge and time to sift through it all, make sense of financial ratios, read income statements and analyze recent stock movements. AAII created A+ Investor, a robust data suite that condenses data research in an actionable and customizable way suitable for investors of all knowledge levels, to help investors streamline and work through such data.
AAII’s proprietary stock grades come with A+ Investor. These offer intuitive A‐F grades for each of five key investing factors: value, growth, momentum, earnings estimate revisions and quality. Here, we’ll take a closer look at B2Gold Corp. and Sandstorm Gold Ltd.’s stock grades to see how they measure up against one another.
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B2Gold Corp. and Sandstorm Gold Ltd. Growth Grades
| Company | Ticker | Growth |
| B2Gold Corp. | BTG |
C |
| Sandstorm Gold Ltd. | SAND |
A |
The foundation of growth investing is seeking out stocks of companies exhibiting strong, consistent and prolonged growth that is expected to continue into the future.
In order to compute the growth score and assign it a letter grade, the percentile ranks for each of three components‐consistency of annual sales growth, five-year sales growth rankings adjusted for extreme levels, and consistency of positive annual cash from operations‐must be determined. These three rank figures are added together, and the sum is ranked against the entire stock universe to arrive at a company’s Growth Score to create an equal distribution of grades.
The companies in the bottom 20% of the stock universe receive Growth Grades of F, considered to be very weak, while those in the top 20% receive A grades, which are considered very strong.
B2Gold Corp. has a Growth Score of 53, which is Average.
Sandstorm Gold Ltd. has a Growth Score of 88, which is Very Strong.
The Growth Grade Winner: Sandstorm Gold Ltd.
As you can clearly see from the Growth Grade breakdown above, Sandstorm Gold Ltd. has a more attractive growth grade than B2Gold Corp.. For investors who focus solely on how a company is growing relative to other companies in the same industry, Sandstorm Gold Ltd. could be a good stock to add to their portfolio. However, it’s important for investors to analyze multiple factors based on a wide range of metrics before deciding whether to buy.
B2Gold Corp. and Sandstorm Gold Ltd.’s Momentum Grades
| Company | Ticker | Momentum |
| B2Gold Corp. | BTG |
A |
| Sandstorm Gold Ltd. | SAND |
A |
Momentum grades help to uncover stocks experiencing anomalously high rates of return; research finds that stocks with high relative levels of momentum tend to outperform, whereas those with low levels of momentum tend to continue underperforming. Momentum is based on the price change of a stock over a specified period relative to all other stocks.
Typically, AAII looks at the weighted relative strength over the trailing four quarters. The weighted four-quarter relative strength rank is the relative price change for each of the past four quarters. The most recent quarterly price change is given a weight of 40% and each of the three previous quarters are given a weighting of 20%.
B2Gold Corp. has a Momentum Score of 84, which is Very Strong.
Sandstorm Gold Ltd. has a Momentum Score of 86, which is Very Strong.
The Momentum Grade Winner: It’s a Tie!
Looking at the Momentum Grade breakdown above, both B2Gold Corp. and Sandstorm Gold Ltd. have a grade of A. For those who focus solely on a company’s momentum, further research will need to be conducted into both companies to see if they fit your individual needs as an investor.
B2Gold Corp. and Sandstorm Gold Ltd.’s Estimate Revisions Grades
| Company | Ticker | Earnings Estimate |
| B2Gold Corp. | BTG |
D |
| Sandstorm Gold Ltd. | SAND |
F |
Earnings estimate revisions scores consider the magnitude of a company’s earnings surprise in its last two reported fiscal quarters. Often, positive surprises beget further positive surprises‐or at least continued sales growth (the exact opposite is generally true, too).
Estimate revisions offer an indication of what analysts are thinking about the short-term prospects of a firm. Estimate revisions are based on the statistical significance of a firm’s last two quarterly earnings surprises and the percentage change in its consensus estimate for the current fiscal year over the past month and past three months.
B2Gold Corp. has a Earnings Estimate Score of 31, which is Negative.
Sandstorm Gold Ltd. has a Earnings Estimate Score of 17, which is Very Negative.
The Earnings Estimate Revisions Stock Winner: No Clear Winner
Neither B2Gold Corp. or Sandstorm Gold Ltd. has an Earnings Estimate Revisions Grade that could be considered a “winner.” Investors considering these companies should do additional due diligence and research to see if either could be a good addition to their portfolios. It’s important to look at a wide range of financial metrics in order to determine if B2Gold Corp. or Sandstorm Gold Ltd. is the better investment when it comes to estimate revisions.
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Other B2Gold Corp. and Sandstorm Gold Ltd. Grades
In addition to Momentum, Estimate Revisions and Growth, A+ Investor also provides grades for Value and Quality.
Invest with Confidence with A+ Investor
AAII’s expansive and robust screening tools like A+ Investor help investors make confident decisions.
Successful stock investing involves buying low and selling high, so stock valuation is an important consideration for stock selection. Buying stocks that are going to go up typically means buying stocks that are undervalued in the first place, although momentum investors may argue that point.
AAII’s A+ Investor Quality Grade comes from the ranking of key metrics. Specifically, the quality grade is the percentile rank of the composite of return on assets (ROA), return on invested capital (ROIC), gross profit relative to assets, buyback yield, change in total liabilities to assets, accruals, Z double prime bankruptcy risk (Z) score and F-Score.
These 2 key factors, when combined with the above, provide a holistic view into a particular stock. Further, by joining A+ Investor you can see whether B2Gold Corp. and Sandstorm Gold Ltd. pass any of our 60+ stock screens that have outperformed the market since their creation.
So, Which Is the Better Investment, B2Gold Corp. or Sandstorm Gold Ltd. Stock?
Overall, B2Gold Corp. stock has a Growth Score of 53, Momentum Score of 84 and Estimate Revisions Score of 31.
Sandstorm Gold Ltd. stock has a Growth Score of 88, Momentum Score of 86 and Estimate Revisions Score of 17.
Comparing B2Gold Corp. and Sandstorm Gold Ltd.’s grades, scores and metrics can act as a solid basis to determine whether they may be a good investment or not. You’ll also want to look at your portfolio’s asset allocation as well as your risk tolerance and financial goals to see if either of these stocks would make a good fit for you. AAII can help you figure out which investments align with your individual needs and preferences.
Investors are encouraged to do their own due diligence and research. In this way, individuals can effectively become managers of their own assets‐without having to rely on others for financial independence. You can count on AAII for timeless articles on financial planning and stock-picking, unbiased research and actionable analysis.
A+ Investor adds to our qualitative teaching with a powerful data suite to help you whittle down investment choices to find stocks, exchange-traded funds (ETFs) or mutual funds that meet your needs.
AAII Disclaimer
We make no representations or warranties that any investor will, or is likely to, achieve profits similar to those shown, because past, hypothetical or simulated performance is not necessarily indicative of future results. Before making an investment decision, you should consider your circumstances and whether the information on our content is applicable to your situation. This information was prepared in good faith, and we accept no liability for any errors or omissions. The full disclaimer can be read here.
