Anglogold Ashanti vs B2Gold: Which Stock Could Rally?
Anglogold Ashanti surged 6.8% during the past Day. You may be tempted to buy more, or may want to reduce your exposure. But there is an entirely different perspective you might be missing. Is there a better alternative? Turns out, its peer B2Gold gives you more. B2Gold (BTG) stock offers superior revenue growth across key periods, better profitability, and relatively lower valuation vs Anglogold Ashanti (AU) stock, suggesting you may be better off investing in BTG
- BTG’s quarterly revenue growth was 117.7%, vs. AU’s 64.8%.
- In addition, its Last 12 Months revenue growth came in at 86.9%, ahead of AU’s 69.6%.
- BTG leads on profitability over both periods – LTM margin of 47.9% and 3-year average of 38.0%.
These differences become even clearer when you look at the financials side by side. The table highlights how AU’s fundamentals stack up against those of BTG on growth, margins, momentum, and valuation multiples.
Valuation & Performance Overview
| AU | BTG | Preferred | |
|---|---|---|---|
| Valuation | |||
| P/EBIT Ratio | 10.2 | 4.0 | BTG |
| Revenue Growth | |||
| Last Quarter | 64.8% | 117.7% | BTG |
| Last 12 Months | 69.6% | 86.9% | BTG |
| Last 3 Year Average | 40.8% | 31.3% | AU |
| Operating Margins | |||
| Last 12 Months | 47.8% | 47.9% | BTG |
| Last 3 Year Average | 31.3% | 38.0% | BTG |
| Momentum | |||
| Last 3 Year Return | 528.4% | 46.6% | AU |
Note: For “Last 3 Year Return” metric, preferred stock is one with higher returns unless the returns are too high (>300%) which creates risk of sell off.
- Cash Rich, Low Price – CDW Stock to Break Out?
- Years of Rewards: $34 Bil From Eli Lilly Stock
- Costco Wholesale Stock Capital Return Hits $20 Bil
- Arista Networks Stock Hits Key Support – Buying Opportunity?
- Humana Stock Near Crucial Support – Buy Signal?
- Booking Stock Delivers Strong Cash Yield – Upside Ahead?
See detailed fundamentals on Buy or Sell BTG Stock and Buy or Sell AU Stock. Below we compare market return and related metrics across years.
Historical Market Performance
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | Avg | Best | |
|---|---|---|---|---|---|---|---|---|---|
| Returns | |||||||||
| AU Return | -16% | 0% | 1% | 25% | 288% | 20% | 392% | <=== | |
| BTG Return | -27% | -5% | -7% | -18% | 89% | 10% | 10% | ||
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 7% | 95% | ||
| Monthly Win Rates [3] | |||||||||
| AU Win Rate | 42% | 0% | 17% | 67% | 75% | 60% | 43% | ||
| BTG Win Rate | 33% | 50% | 33% | 42% | 67% | 60% | 48% | ||
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 60% | 64% | <=== | |
| Max Drawdowns [4] | |||||||||
| AU Max Drawdown | -33% | 0% | -19% | -14% | 0% | -5% | -12% | ||
| BTG Max Drawdown | -39% | -25% | -19% | -26% | -6% | -13% | -21% | ||
| S&P 500 Max Drawdown | -1% | -25% | -1% | -2% | -15% | -7% | -9% | <=== | |
[1] Cumulative total returns since the beginning of 2021
[2] 2026 data is for the year up to 5/8/2026 (YTD)
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
No matter how good the numbers, stock investment is never a smooth ride. There is a risk you must factor in. Read BTG Dip Buyer Analyses and AU Dip Buyer Analyses to see how these stocks have fallen and recovered in the past.
Still not sure about AU or BTG? Consider portfolio approach.
Portfolios Beat Stock Picking
Stocks soar and sink – the key is staying invested. A balanced portfolio helps you ride market volatility, boosts gains, and reduces single stock risk.
Why settle for average market returns? The Trefis High Quality (HQ) Portfolio invests in a diverse group of 30 stocks that have collectively delivered stronger upside with reduced volatility compared to the broader indices. Discover the methodology behind these smoother, higher returns by checking the HQ Portfolio performance data.