Streetbeat News

BTG

B2Gold Corp.

https://www.b2gold.com

Industry

Gold

B2Gold Corp. operates as a gold producer with three operating mines in Mali, the Philippines, and Namibia. It operates the Fekola Mine in Mali, the Masbate Mine in the Philippines, and the Otjikoto Mine in Namibia. The company also has an 25% interest in the Calibre Mining Corp.; and approximately 19% interest in BeMetals Corp. In addition, it has a portfolio of other evaluation and exploration assets in Mali, Uzbekistan, and Finland. The company was incorporated in 2006 and is headquartered in Vancouver, Canada.

Open

2.73

Mkt cap

3.5B

Volume

10M

High

2.76

P/E Ratio

-4.79

52-wk high

3.50

Low

2.67

Div yield

0.06

52-wk low

2.34

B2Gold reported lower-than-expected earnings for Q3, with a year-over-year decline in production. The company anticipates 2024 gold production to be at the lower end of its forecast range of 800,000-870,000 ounces. This has led to a dip in BTG shares.

Portfolio Pulse from

November 12, 2024 | 6:45 pm

B2Gold faced challenges in 2024, including royalty disputes and mine delays, resulting in a $631m loss. However, 2025 looks promising with expected production increases from Goose and Fekola, potentially leading to profitability if gold prices stay high.

Portfolio Pulse from

November 11, 2024 | 9:45 am

B2Gold Corp. (BTG) held its Q3 2024 earnings conference call, discussing financial and operational performance with key executives and analysts from various financial institutions.

Portfolio Pulse from

November 07, 2024 | 7:30 pm

B2Gold has underperformed compared to gold prices and other miners since 2022 due to challenges with Fekola's mining concessions and mine construction. However, resolutions are in sight, potentially leading to future outperformance.

Portfolio Pulse from

November 07, 2024 | 10:45 am

Jefferies analyst Chris LaFemina has maintained a Buy rating on B2Gold (AMEX:BTG) and raised the price target from $4 to $5.

Portfolio Pulse from Benzinga Newsdesk

October 04, 2024 | 5:26 pm

CIBC analyst Anita Soni maintains a Neutral rating on B2Gold (AMEX:BTG) and raises the price target from $3.3 to $3.6.

Portfolio Pulse from Benzinga Newsdesk

September 24, 2024 | 2:52 pm

RBC Capital analyst Wayne Lam has reiterated a Sector Perform rating on B2Gold (AMEX:BTG) and maintained a price target of $3.75.

Portfolio Pulse from Benzinga Newsdesk

September 17, 2024 | 1:21 pm

B2Gold's Goose Project is on track for its first gold production in Q2 2025, with a revised pre-production expenditure estimate of $1.54 billion.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2024 | 7:03 am

Gold mining stocks, tracked by the VanEck Gold Miners ETF (GDX), are experiencing a significant rally due to a surge in gold prices, reaching an all-time high. The rally is influenced by economic data and central bank interest rate decisions. Barrick Gold Corp. (GOLD) reported its lowest annual gold production in over 20 years, while miners are diversifying into base metals like copper. Analysts see limited gold supply as a bullish catalyst.

Portfolio Pulse from Piero Cingari

September 12, 2024 | 4:22 pm

Signet Jewelers, NETGEAR, Lovesac, and other stocks saw significant gains on Thursday. Signet's shares rose 18.8% after better-than-expected earnings. NETGEAR's shares jumped 31.3% following a settlement and revenue guidance increase. Lovesac gained 24.7% due to strong EPS results.

Portfolio Pulse from Avi Kapoor

September 12, 2024 | 2:45 pm

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