B2Gold
BTG
Market cap $4.98B

3.77 USD

+0.06

1.62%

At close Jun 13, 4:00 PM EDT

After hours

3.77

+0.00

0.00%

1 day

1.62%

5 days

2.17%

1 month

27.80%

3 months

30.00%

6 months

43.89%

Year to date

45.56%

1 year

46.12%

5 years

-27.22%

10 years

135.63%

About: B2Gold Corp is an international, low-cost, senior gold mining company. It has three operating open-pit gold mines in Mali, Namibia, and the Philippines and numerous exploration projects across four continents. Other assets include the Gramalote and Kiaka gold projects. The company focuses on acquiring and developing interests in mineral properties with a primary focus on gold deposits as gold production forms all its revenue. There is no dependence on a particular purchaser because the gold is sold into various markets. The company's reportable operating segments include its mining operations and development projects, namely Fekola; Masbate; Otjikoto; the Goose Project, and other mineral properties; and corporate and other.

Employees: 6,150

0

Funds holding %

of 7,296 funds

–

Analysts bullish %

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

70% more repeat investments, than reductions

Existing positions increased: 97 | Existing positions reduced: 57

63% more first-time investments, than exits

New positions opened: 49 | Existing positions closed: 30

27% more capital invested

Capital invested by funds: $1.61B [Q4 2024] → $2.05B (+$442M) [Q1 2025]

5% more funds holding

Funds holding: 238 [Q4 2024] → 250 (+12) [Q1 2025]

4.36% more ownership

Funds ownership: 50.19% [Q4 2024] → 54.55% (+4.36%) [Q1 2025]

4% more call options, than puts

Call options by funds: $21.1M | Put options by funds: $20.3M

0% more funds holding in top 10

Funds holding in top 10: 2 [Q4 2024] → 2 (+0) [Q1 2025]

See Fund Rankings

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

Low target

$3.60

5%

downside

Avg. target

$3.60

5%

downside

High target

$3.60

5%

downside

1 analyst rating

0 positive

0%

1 neutral

100%

0 negative

0%

CIBC

Anita Soni

5%downside

$3.60

Neutral

Maintained

20 Mar 2025

See Analyst Rankings

Financial journalist opinion

Based on 14 articles about BTG published over the past 30 days

B2Gold 2025 Annual General and Special Meeting Details and Voting Reminder

Leading Independent Proxy Advisory Firms Recommend Shareholders Vote FOR All Proposed Items Leading Independent Proxy Advisory Firms Recommend Shareholders Vote FOR All Proposed Items

B2Gold 2025 Annual General and Special Meeting Details and Voting Reminder

Zacks Investment Research

B2Gold (BTG) Up 23.5% Since Last Earnings Report: Can It Continue?

B2Gold (BTG) reported earnings 30 days ago. What's next for the stock?

B2Gold (BTG) Up 23.5% Since Last Earnings Report: Can It Continue?

Zacks Investment Research

Is B2Gold Corp (BTG) a Great Value Stock Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Is B2Gold Corp (BTG) a Great Value Stock Right Now?

B2Gold: Still A Buy, But Gramalote Could Bring Volatility To The Stock

I've downgraded B2Gold from a Strong Buy to a Buy due to the risk of a "sell the news" drop following the release of the Gramalote feasibility study. Despite the downgrade, I still see a strong growth profile with the Goose and Fekola Regional projects set to increase gold production to pre-2024 levels. I believe the excitement around Gramalote is premature given the long permitting timelines (potential start of production by the end of the decade) and understated (in my view) contingency budget.

B2Gold: Still A Buy, But Gramalote Could Bring Volatility To The Stock

B2Gold: Let The Goose Times Roll

B2Gold remains undervalued despite its recent rally, trading at a steep discount to peers on a P/NAV basis despite an imminent upgrade in its jurisdictional profile. Aside from a jurisdictional upgrade (Canada vs. Africa and the Philippines), Goose is a transformational asset, set to generate over $400 million in annual mine-site free cash flow. Further, recent reserve reductions at Goose may be ugly on the surface but are a temporary setback, and I expect a significantly improved LOMP in the coming years.

B2Gold: Let The Goose Times Roll

B2Gold: Golden Goose About To Hatch

B2Gold is poised for a production boost to ~1.2 million oz with Back River coming online, plus further organic growth projects in the pipeline. Despite recent delays and cost overruns, Back River's imminent completion should resolve investor concerns and unlock significant value. B2Gold trades at a deep discount to peers, with a low 7x forward P/E and strong profitability potential at current gold prices.

B2Gold: Golden Goose About To Hatch

Zacks Investment Research

Are You Looking for a Top Momentum Pick? Why B2Gold (BTG) is a Great Choice

Does B2Gold (BTG) have what it takes to be a top stock pick for momentum investors? Let's find out.

Are You Looking for a Top Momentum Pick? Why B2Gold (BTG) is a Great Choice

B2Gold Releases its Ninth Annual Responsible Mining Report and its Fourth Annual Climate Strategy Report

VANCOUVER, British Columbia, May 28, 2025 (GLOBE NEWSWIRE) -- B2Gold Corp. (TSX: BTO) (NYSE AMERICAN: BTG) (NSX: B2G) (“B2Gold” or the “Company”) is pleased to announce that it has published its ninth annual Responsible Mining Report entitled “Raising the Bar” (the “Report”), which details B2Gold's global economic contributions and its environmental, social, and governance (“ESG”) management practices, together with the Company's performance against key indicators in 2024. Highlights of the Report are presented below, and full details are outlined in the Report, which is available to view or download at the link provided below. All dollar figures are in United States dollars unless otherwise indicated.

B2Gold Releases its Ninth Annual Responsible Mining Report and its Fourth Annual Climate Strategy Report

Zacks Investment Research

Are Basic Materials Stocks Lagging B2Gold Corp (BTG) This Year?

Here is how B2Gold (BTG) and Akzo Nobel NV (AKZOY) have performed compared to their sector so far this year.

Are Basic Materials Stocks Lagging B2Gold Corp (BTG) This Year?

B2Gold: Issuing Debt And Buying Back Shares, And I'm Filling My Stash Too

B2Gold has underperformed peers, but its prospects are looking up. Management has sent a clear signal to the market that shares are undervalued. Operationally, Fekola, Masbate, and Otjikoto mines show mixed production trends, but cost controls have improved margins at Masbate and Otjikoto. The valuation is compelling: BTG trades at a 24% discount to peers on forward EV/EBITDA, with 37% upside potential if mean reversion occurs.

B2Gold: Issuing Debt And Buying Back Shares, And I'm Filling My Stash Too

See News Rankings

Charts implemented using Lightweight Charts™