BTG vs CMSA

Comparison between B2gold Corp (BTG, Company) and CMS Energy Corporation (CMSA, Company).

BTG is from the Basic Materials sector, while CMSA is from the Utilities sector.

5-Year PerformanceBTG has outperformed CMSA, delivering a return of +2.8% compared to +0.8%

BTG vs CMSA - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BTG(COMPANY)	CMSA(COMPANY)
Market Cap	$6.79B	$6.75B
Max Drawdown	85.97%	33.16%
Sharpe Ratio	0.83	0.50
5Y Beta	0.75	0.18
Industry	Gold	Multiline Utilities
P/E Ratio	12.75	6.03
Forward P/E	6.03	N/A
PEG Ratio	4.71	0.97
Dividend Yield	1.70%	6.26%
5Y Dividends CAGR	-7.79%	-0.01%
5Y EPS CAGR	-10.26%	3.94%
Debt to Equity	14.16%	199.20%
Free Cash Flow Yield	6.25%	-54.96%
P/S Ratio	1.63	N/A
P/B Ratio	1.71	N/A

Market Cap

Winner

BTG

$6.79B

CMSA

$6.75B

Max Drawdown

BTG

85.97%

Winner

CMSA

33.16%

Sharpe Ratio

Winner

BTG

0.83

CMSA

0.50

5Y Beta

BTG

0.75

Winner

CMSA

0.18

Industry

BTG

Gold

CMSA

Multiline Utilities

P/E Ratio

BTG

12.75

Winner

CMSA

6.03

Forward P/E

BTG

6.03

CMSA

N/A

PEG Ratio

BTG

4.71

Winner

CMSA

0.97

Dividend Yield

BTG

1.70%

Winner

CMSA

6.26%

5Y Dividends CAGR

BTG

-7.79%

Winner

CMSA

-0.01%

5Y EPS CAGR

BTG

-10.26%

Winner

CMSA

3.94%

Debt to Equity

Winner

BTG

14.16%

CMSA

199.20%

Free Cash Flow Yield

Winner

BTG

6.25%

CMSA

-54.96%

P/S Ratio

BTG

1.63

CMSA

N/A

P/B Ratio

BTG

1.71

CMSA

N/A

BTG vs CMSA - Historical Returns

Returns include dividend reinvestment.

Period	BTG	CMSA
1 month	+10.67%	-1.62%
3 months	-20.33%	-3.91%
6 months	+4.10%	-1.96%
1 year	+42.90%	+7.74%
5 years(CAGR)	+2.83%	+0.82%
10 years(CAGR)	+13.19%	+3.59%
Max(CAGR)	+8.33%	+3.59%

Winner

BTG

+10.67%

CMSA

-1.62%

BTG

-20.33%

Winner

CMSA

-3.91%

Winner

BTG

+4.10%

CMSA

-1.96%

Winner

BTG

+42.90%

CMSA

+7.74%

5Y(CAGR)

Winner

BTG

+2.83%

CMSA

+0.82%

10Y(CAGR)

Winner

BTG

+13.19%

CMSA

+3.59%

Max(CAGR)

Winner

BTG

+8.33%

CMSA

+3.59%

BTG vs CMSA - Annual Returns (2008 - 2026)

Returns include dividend reinvestment.

Year	BTG	CMSA
2026	+6.40%	-1.56%
2025	+78.02%	+2.51%
2024	-17.05%	-3.65%
2023	-9.96%	+19.05%
2022	-2.86%	-12.22%
2021	-30.96%	-1.02%
2020	+45.22%	+13.20%
2019	+38.18%	+15.23%
2018	-4.89%	-2.55%
2017	+22.53%	N/A
2016	+130.10%	N/A
2015	-41.04%	N/A
2014	-24.30%	N/A
2013	-46.37%	N/A
2012	+15.17%	N/A
2011	+15.86%	N/A
2010	+122.79%	N/A
2009	+224.08%	N/A
2008	-75.00%	N/A

BTG vs CMSA Drawdown Comparison

The maximum drawdown for BTG was -85.97%, occurring on Jan 25, 2016. Recovery took 1982 trading sessions.

The maximum drawdown for CMSA was -32.25%, occurring on Mar 18, 2020. Recovery took 119 trading sessions.

The current BTG drawdown is -22.90%. The current CMSA drawdown is -9.54%.

Rank	BTG	CMSA
#1	-85.97% Apr 2, 2012 - Feb 19, 2020	-32.25% Feb 4, 2020 - Jul 24, 2020
#2	-83.33% Jun 24, 2008 - Apr 9, 2010	-17.09% Jun 22, 2021 - Dec 20, 2023
#3	-63.35% Aug 5, 2020 - Oct 16, 2025	-15.78% Sep 23, 2024 - Sep 29, 2025
#4	-43.30% Feb 24, 2020 - Apr 22, 2020	-10.40% Sep 30, 2025 - Mar 31, 2026
#5	-36.64% Feb 26, 2026 - Mar 20, 2026	-8.34% Dec 30, 2020 - Jun 22, 2021
#6	-36.51% Sep 16, 2011 - Mar 12, 2012	-8.01% Aug 30, 2018 - Jan 11, 2019
#7	-36.20% Oct 16, 2025 - Feb 24, 2026	-6.92% Mar 21, 2024 - Aug 16, 2024
#8	-27.99% Jun 18, 2010 - Sep 20, 2010	-4.02% Nov 14, 2019 - Jan 9, 2020
#9	-26.15% May 12, 2010 - Jun 18, 2010	-3.90% Mar 16, 2018 - Aug 22, 2018
#10	-20.69% Jun 10, 2011 - Aug 12, 2011	-3.39% Jan 31, 2019 - Mar 27, 2019
#11	-20.05% Apr 14, 2011 - Jun 7, 2011	-3.35% Apr 30, 2019 - Jun 10, 2019
#12	-18.35% Dec 13, 2010 - Mar 1, 2011	-3.32% Sep 3, 2019 - Sep 27, 2019
#13	-14.12% Nov 8, 2010 - Dec 1, 2010	-3.14% Jul 29, 2020 - Oct 27, 2020
#14	-13.46% Aug 16, 2011 - Sep 1, 2011	-2.81% Feb 1, 2024 - Feb 23, 2024
#15	-12.67% Apr 14, 2010 - May 11, 2010	-2.34% Jul 31, 2019 - Aug 20, 2019