The WACC of B2Gold Corp (BTO.TO) is 9.5%.
| Range | Selected | |
| Cost of equity | 8.20% - 11.60% | 9.90% |
| Tax rate | 36.30% - 40.30% | 38.30% |
| Cost of debt | 5.00% - 5.00% | 5.00% |
| WACC | 7.9% - 11.2% | 9.5% |
| Category | Low | High |
| Long-term bond rate | 3.2% | 3.7% |
| Equity market risk premium | 5.1% | 6.1% |
| Adjusted beta | 0.99 | 1.22 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 8.20% | 11.60% |
| Tax rate | 36.30% | 40.30% |
| Debt/Equity ratio | 0.06 | 0.06 |
| Cost of debt | 5.00% | 5.00% |
| After-tax WACC | 7.9% | 11.2% |
| Selected WACC | 9.5% | |