B2Gold's share price fell 28.9% due to geopolitical risks in Mali, but production is expected to grow 27% by 2025 with the Fekola and Goose projects. The dividend cut is strategic for share repurchases, given BTG's low valuation, and the strong development pipeline includes the Gramalote project in Colombia. Financial concerns at Fekola are resolved, and BTG's solid financial position is bolstered by convertible notes and strategic asset sales.
B2Gold (BTG) concluded the recent trading session at $2.42, signifying a -0.82% move from its prior day's close.
B2Gold is a high-risk, high-reward investment with better cash flow and prospects than IAMGOLD, the current top quant pick for gold mining, in 2025. Key concerns include sovereign risk in Mali and potential impairment charges, but Goose mine's upcoming production de-risks the investment. Convertible notes and share buybacks are strategic moves to manage debt and support share price, despite a reduced dividend yield.
In the latest trading session, B2Gold (BTG) closed at $2.39, marking a +0.42% move from the previous day.
BTG produces 804,778 ounces of gold in 2024, in line with its guidance.
B2Gold (BTG) reachead $2.61 at the closing of the latest trading day, reflecting a +1.56% change compared to its last close.
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A pair of Brazilian financial heavyweights has submitted the most competitive offers so far to acquire the local unit of Swiss-based lender Julius Baer , a person familiar with the deal said on Monday.
Brazilian investment bank BTG Pactual is set to announce the acquisition of Swiss private bank Julius Baer's local unit in a deal worth about 1 billion reais ($163.6 million), newspaper O Globo reported on Monday.
The latest trading day saw B2Gold (BTG) settling at $2.57, representing a -0.77% change from its previous close.
In the most recent trading session, B2Gold (BTG) closed at $2.47, indicating a -1.2% shift from the previous trading day.
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?