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

3.03

Mkt cap

3.9B

Volume

15M

High

3.04

P/E Ratio

-5.27

52-wk high

3.50

Low

2.91

Div yield

0.05

52-wk low

2.34

B2Gold and the Mali government have finalized an agreement on the Fekola Complex, expediting key mining permits. This includes the exploitation permits for Fekola Regional and the approval of the exploitation phase of Fekola underground. The agreement ensures stability under Mali's mining codes and resolves existing disputes.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2024 | 7:58 am

B2Gold shares are trading lower after the company reported worse-than-expected Q2 adjusted EPS results.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2024 | 2:34 pm

B2Gold (AMEX:BTG) reported Q2 2024 earnings of $0.06 per share, missing the analyst estimate of $0.07. However, the company beat sales estimates with $492.569 million, a 4.61% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2024 | 5:39 am

B2Gold Corp (AMEX:BTG) shares are trading lower after the company sold 79 million common shares of Calibre Mining Corp., reducing its ownership to less than 10%. B2Gold also announced an initial Inferred Mineral Resource Estimate for the Springbok Zone and a deal with Sandbox Royalties, now Versamet Royalties Corporation, for a 33% equity interest.

Portfolio Pulse from Nabaparna Bhattacharya

June 21, 2024 | 4:08 pm

B2Gold has sold 79 million shares of Calibre Mining for C$139 million, reducing its ownership to less than 10%. Consequently, B2Gold is no longer a 'reporting insider' for Calibre Mining.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2024 | 10:34 am

B2Gold has agreed to sell its portfolio of 10 precious and base metals royalties to Sandbox Royalties Corp. In return, B2Gold will receive a $90 million equity interest in Sandbox, which will be renamed Versamet Royalties.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 11:27 am

B2Gold (AMEX:BTG) reported Q1 2024 adjusted EPS of $0.06, surpassing the $0.05 estimate, and sales of $461.444M, exceeding the $432.270M estimate. However, these figures represent a decrease from the previous year, with earnings down 40% and sales down 2.56%.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 10:25 pm

Shares of precious metals stocks are trading lower due to a decrease in the price of gold and silver, affecting a broad range of companies in the sector.

Portfolio Pulse from Benzinga Newsdesk

April 22, 2024 | 10:51 am

Gold prices surged to over $2,200 per ounce, influenced by the Federal Reserve's indication of interest rate cuts, leading to a 30% rally in several gold mining stocks. Bank of America analysts favor gold as a trade for 2024, citing its hedge status, central bank accumulations, and potential ETF investor increases. Despite gold's rise, some mining stocks like the VanEck Gold Miners ETF (GDX) lag behind. Bank of America identifies undervalued stocks such as Centerra Gold Inc. (CGAU), B2Gold Corp. (BTG), Barrick Gold Corp. (GOLD), and Newmont Corp. (NEM), recommending stocks with high upside beta ratios.

Portfolio Pulse from Piero Cingari

March 22, 2024 | 3:56 pm

BMO Capital analyst Brian Quast has maintained an Outperform rating on B2Gold (TSX:BTO), also known as BTG in the US market, but has lowered the price target from C$6.5 to C$6.

Portfolio Pulse from Benzinga Newsdesk

March 19, 2024 | 4:08 pm

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