In the latest trading session, B2Gold (BTG) closed at $4.55, marking a +1.11% move from the previous day.
B2Gold (BTG) had strong Q3 production, declining costs, and operational improvements across its portfolio. Fekola remains BTG's cornerstone asset, with a proactive agreement in Mali insulating operations and enabling expedited underground expansion. Goose Mine achieved commercial production and is expected to ramp to full capacity soon, supporting future margin expansion and cash flow.
I maintain my rating on B2Gold while paying closer attention to its risk profile. This article explores the reasons why BTG shares have failed to keep pace with rising gold prices. A combination of growth catalysts and fundamental barriers supports a strong outlook for the stock's performance in 2026.
B2Gold (BTG) concluded the recent trading session at $4.8, signifying a +1.48% move from its prior day's close.
B2Gold (BTG) is reaffirmed as a 'Strong Buy' after a recent dip to $4.5, with fundamentals remaining robust. BTG's estimated FY2026 forward P/E ratio of 6.1 is over 40% below its historical average, signaling undervaluation. Recent Q3 results showed a strong non-GAAP EPS beat, with EPS rising from $0.02 to $0.14 year-over-year.
B2Gold (BTG) remains a Strong Buy despite recent share price weakness driven by geopolitical concerns in Mali, which accounts for 58% of production. BTG delivered strong Q3 results: production rose 41% year-over-year, costs fell, and the Goose mine in Canada reached commercial production. Valuation is compelling, with BTG trading at a significant discount to peers; the company is well-positioned for growth as Goose ramps up and Mali risks appear overstated.
BTG is set to post Q3 results, with earnings projected to jump to 15 cents per share as higher gold prices and Fekola gains drive the quarterly performance.
Gold prices have more than doubled since 2020, creating a favorable environment for producers like B2Gold. B2Gold's Goose Mine will drive production growth from 120K-150K ounces in 2025 to ~300K ounces annually by 2026-2027. Fekola Regional project adds ~180K ounces annually starting in 2026, while Gramalote could contribute 177K ounces post-permitting.
In the latest trading session, B2Gold (BTG) closed at $4.45, marking a +2.53% move from the previous day.
B2Gold posts a 12.3% jump in Q2 output and hits a Goose Mine milestone, leading to higher sales and earnings estimates.
BTG shares are gaining, with solid Q2 results, new projects and a strong financial position driving impressive growth.
B2Gold's Q2 results showed revenue and earnings misses, but underlying mine performance was strong, with all operations exceeding production expectations and annual guidance reaffirmed. The Goose mine in Canada has begun production, diversifying jurisdictional risk and supporting future growth, while the Fekola Underground and Gramalote projects add further upside. Despite a post-earnings sell-off, the company's valuation remains unjustifiably low vs. peers, trading at a significant discount despite strong fundamentals and a robust balance sheet.