B2Gold Stock Price, News & Analysis

B2Gold Corp (TSX: BTO, NYSE AMERICAN: BTG, NSX: B2G) has announced it will release its first quarter 2025 financial results after North American markets close on Wednesday, May 7, 2025.

The company will host a conference call to discuss the results on Thursday, May 8, 2025, at 8:00 am PT / 11:00 am ET. Participants can register for the call through a provided registration link, which will give them direct access to the conference through a unique PIN.

Alternative dial-in options include toll-free access for U.S. and Canada (+1-833-821-2803) and international callers (+1-647-846-2419). The call recording will be available for playback for two weeks.

B2Gold Corp (TSX: BTO, NYSE American: BTG) has received Toronto Stock Exchange (TSX) approval for its Normal Course Issuer Bid (NCIB). The company plans to purchase up to 65,980,840 shares, representing 5% of its issued and outstanding shares as of March 20, 2025.

The NCIB will run from April 3, 2025, to April 2, 2026. Purchases will be made on the open market through TSX, NYSE American, and other designated exchanges at prevailing market prices. Daily purchases on TSX are to 846,788 shares, representing 25% of the average daily trading volume of 3,387,154 shares.

This share buyback initiative reflects B2Gold's belief that its shares may be undervalued and represents an appropriate use of company capital. All purchased shares will be cancelled.

B2Gold Corp. (BTG) has announced an updated technical report for its Back River Gold District in Nunavut, Canada, with construction at the Goose Project on track for first gold pour in Q2 2025. The project boasts significant mineral resources, including 3.56M ounces of Indicated gold (15.5M tonnes at 7.16 g/t) and 2.44M ounces of Inferred gold (10.1M tonnes at 7.54 g/t).

Key highlights include:

• Initial mine life of approximately 9 years
• Expected production of 2.3M ounces of gold over mine life
• Average annual production of 300,000 ounces for first six years (2026-2031)
• Average gold grade of 6.82 g/t over mine life
• All-in sustaining costs (AISC) of $1,547 per gold ounce

The company is initiating a study to potentially increase mill throughput from 4,000 to 6,000 tonnes per day through the addition of a SAG mill, with results expected in late 2025 or early 2026.

B2Gold (NYSE: BTG) has successfully completed and operationalized the Phase 2 expansion of its Fekola Solar Plant in Mali. The expansion, which began construction in June 2023 and became operational in January 2025, added 46,200 solar panels, bringing the total to 142,912 panels.

The expanded facility now provides an additional 22 megawatts of solar capacity (52 MW total) and 12.7 megawatt-hours of battery capacity (27.7 MWh total). This enhancement is expected to reduce annual emissions by 63,000 tonnes of CO2e and cut heavy fuel oil consumption by 20 million liters annually.

The project created over 120 local jobs during peak construction and established 13 permanent maintenance positions. The expanded solar plant, now one of the largest off-grid solar/HFO hybrid power plants globally, will supply approximately 30% of the site's total electricity demand, supporting B2Gold's target of reducing Scope 1 and 2 greenhouse gas emissions by 30% by 2030.

B2Gold Corp. (BTG) reported its Q4 and full-year 2024 results, achieving total gold production of 804,778 ounces for 2024, at the low end of guidance. The company posted a Q4 net loss of $0.01 per share, with adjusted net income of $0.01 per share.

The company maintained strong financial position with $337 million in cash and $321 million in working capital as of December 31, 2024. The Goose Project remains on track for first gold pour in Q2 2025, with total capital estimate steady at C$1,540 million.

Key operational metrics include Q4 production of 186,001 ounces at cash operating costs of $968 per ounce and all-in sustaining costs of $1,668 per ounce. The company declared a Q1 2025 dividend of $0.02 per share, payable March 20, 2025.

B2Gold completed a $460 million convertible notes offering in January 2025, with 2.75% interest due 2030, featuring an initial conversion price of $3.17 per share.

B2Gold Corp. has announced positive Preliminary Economic Assessment (PEA) results for the Antelope deposit at its Otjikoto mine in Namibia. The underground gold mine project shows strong economics with an after-tax NPV of $131 million and an IRR of 35% at a $2,400 gold price.

Key highlights include: a 5-year mine life, average grade of 5.75 g/t gold, total production of 327,000 ounces, and average annual production of 65,000 ounces. Combined with existing operations, Otjikoto's annual gold production is expected to reach 110,000 ounces from 2029 through 2032. The project requires $129 million in pre-production capital with projected all-in sustaining costs of $1,095 per gold ounce.

The Antelope deposit contains an Inferred Mineral Resource of 1.75 million tonnes grading 6.91 g/t gold for 390,000 ounces. The company has allocated $7 million for exploration in 2025, planning 44,000 meters of drilling to expand and refine the deposit.

B2Gold Corp. (TSX: BTO, NYSE AMERICAN: BTG, NSX: B2G) has announced it will release its fourth quarter and full year 2024 financial results after North American markets close on Wednesday, February 19, 2025. The company will host a conference call to discuss these results on Thursday, February 20, 2025, at 8:00 am PT / 11:00 am ET.

Participants can register for the conference call through a provided registration link, which will give them direct access to the conference through a calendar invitation with dial-in details and a unique PIN. Alternative dial-in options are available for U.S. and Canada (toll-free) and other international callers. The call will be available for playback for two weeks following the event.

B2Gold Corp. (BTG) has successfully completed its offering of 2.75% convertible senior unsecured notes due 2030, raising US$460 million, including the full exercise of a US$60 million option. The notes feature an initial conversion rate of 315.2088 common shares per US$1,000 principal amount, equivalent to a conversion price of US$3.17 per share.

The company plans to use the net proceeds to fund working capital and general corporate purposes, initially paying down its revolving credit facility balance. B2Gold has also entered into a one-month cash settled total return swap for approximately US$50 million of shares with one of the initial note purchasers.

The notes and related shares have not been registered under the U.S. Securities Act and are only available to qualified institutional buyers under Rule 144A.

B2Gold Corp (TSX: BTO, NYSE AMERICAN: BTG) has priced its offering of convertible senior unsecured notes due 2030, totaling US$400 million with an option for additional US$60 million. The notes will carry a 2.75% annual interest rate, paid semi-annually.

The initial conversion rate is set at 315.2088 common shares per US$1,000 of notes, equivalent to US$3.17 per share, representing a 35% premium over the current share price. The offering is expected to close around January 28, 2025.

The company plans to use the proceeds for working capital and general corporate purposes, initially paying down its revolving credit facility. B2Gold has also entered into a US$50 million cash settled total return swap with one of the initial purchasers, providing economic exposure to its shares for approximately one month.