Workflow
B2Gold(BTG)
icon
Search documents
Rackla Metals Announces Board Changes and Stock Option Grants
Thenewswire· 2025-04-17 11:00
Vancouver, British Columbia – TheNewswire - April 17, 2025 – Rackla Metals Inc. (TSX-V: RAK) (the "Company") is pleased to announce the appointment of Tom Garagan to its Board of Directors. Mr. Garagan is a geologist with a Bachelor of Science (Honours) degree in geology from the University of Ottawa and over 40 years of experience working in North and South America, East and West Africa and Russia. He is a founder of B2Gold Corp. (NYSE:BTG, TSX:BTO) and recently retired after serving as Senior Vice Preside ...
B2Gold First Quarter 2025 Financial Results – Conference Call Details
Newsfilter· 2025-04-16 22:30
Core Viewpoint - B2Gold Corp. is set to release its first quarter 2025 financial results on May 7, 2025, followed by a conference call on May 8, 2025, to discuss these results [1]. Company Overview - B2Gold is an international senior gold producer based in Vancouver, Canada, established in 2007. The company operates gold mines in Mali, Namibia, and the Philippines, and is developing the Goose Project in northern Canada, along with various exploration projects in countries such as Mali, Colombia, and Finland [3]. Conference Call Details - Participants can register for the conference call to discuss the financial results, which will take place on May 8, 2025, at 8:00 am PT / 11:00 am ET. Registration will remain open until the end of the call [2]. - The conference call will be available for playback for two weeks, with specific toll-free numbers provided for U.S. and Canadian callers, as well as for international callers [2][5]. Contact Information - For further inquiries, B2Gold has provided contact details for its VP of Investor Relations and Corporate Development, as well as the Director of Corporate Communications [4].
B2Gold Is One Of The Cheapest Gold Mining Companies With A Near Term Catalyst
Seeking Alpha· 2025-04-05 14:32
Group 1 - The recent surge in gold prices has attracted investor interest in gold mining companies, which typically exhibit operational leverage that can enhance profitability as gold prices rise [1] - Investors are focusing on value-oriented opportunities within sectors such as chemicals, homebuilders, building materials, industrials, and metals & mining, seeking stocks that are undervalued and have near-term catalysts [1] Group 2 - The investment horizon for these opportunities ranges from one quarter to two years, indicating a medium-term investment strategy [1] - The article emphasizes the importance of fundamental research in identifying potential investment opportunities within the gold mining sector [1]
B2Gold (BTG) Outperforms Broader Market: What You Need to Know
ZACKS· 2025-04-02 23:20
Company Performance - B2Gold (BTG) closed at $2.92, reflecting a +0.69% change from the previous session, outperforming the S&P 500's gain of 0.67% [1] - Over the past month, B2Gold shares have increased by 8.61%, significantly surpassing the Basic Materials sector's gain of 0.34% and the S&P 500's loss of 5.28% [1] Earnings Forecast - B2Gold is expected to report an EPS of $0.08, indicating a 33.33% increase from the same quarter last year [2] - For the entire fiscal year, projected earnings are $0.37 per share and revenue is forecasted at $2.71 billion, representing increases of +131.25% and +42.6% respectively from the previous year [2] Analyst Estimates - Recent changes to analyst estimates for B2Gold are crucial, as positive revisions indicate optimism regarding the company's business and profitability [3] - The Zacks Consensus EPS estimate has decreased by 2.33% over the past month, and B2Gold currently holds a Zacks Rank of 3 (Hold) [5] Valuation Metrics - B2Gold is trading at a Forward P/E ratio of 7.89, which is below the industry average Forward P/E of 14.5 [5] - The company has a PEG ratio of 0.24, compared to the Mining - Gold industry's average PEG ratio of 0.98 [6] Industry Context - The Mining - Gold industry is part of the Basic Materials sector and currently holds a Zacks Industry Rank of 135, placing it in the bottom 46% of all industries [7] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]
B2Gold Announces TSX Approval for Normal Course Issuer Bid
Newsfilter· 2025-04-01 10:00
Core Viewpoint - B2Gold Corp. has received approval from the Toronto Stock Exchange to implement a normal course issuer bid (NCIB) to repurchase its shares, reflecting the company's belief that its shares may be undervalued in the market [1][2]. Summary by Sections Company Decision and Strategy - The decision to approve the NCIB aligns with B2Gold's amended shareholder return strategy and indicates the company's view that its shares may not adequately reflect the value of its business, assets, and prospects [2]. Share Repurchase Details - As of March 20, 2025, B2Gold had 1,319,616,807 shares outstanding and is authorized to repurchase up to 65,980,840 shares, which is 5% of the total shares, over a twelve-month period starting April 3, 2025, and ending no later than April 2, 2026 [3]. Purchase Mechanism - All share purchases will occur on the open market through the TSX, NYSE American, and other designated exchanges, at prevailing market prices or as permitted by applicable securities laws [4]. Discretion and Cancellation - The company retains discretion regarding the timing, amount, and price of share purchases under the NCIB, and any shares repurchased will be cancelled [5]. Daily Purchase Limitations - Daily purchases on the TSX are limited to a maximum of 846,788 shares, which is 25% of the average daily trading volume of 3,387,154 shares for the six months ending March 31, 2025 [6]. Company Overview - B2Gold is an international senior gold producer based in Vancouver, Canada, with operating mines in Mali, Namibia, and the Philippines, and various development and exploration projects in multiple countries [7].
B2Gold Announces Updated Mineral Reserve Life of Mine Plan for the Goose Project; Commencing a Study to Expand Mill Throughput at the Goose Project; B2Gold Confirms Construction and Mine Development Cash Expenditure Estimate of C$1,540 million
Newsfilter· 2025-03-27 22:00
Core Viewpoint - B2Gold Corp. has released a technical report for the Back River Gold District, highlighting an updated life of mine plan for the Goose Project, with significant improvements in mineral resource estimates and production forecasts [1][3][4]. Group 1: Technical Report Highlights - The Back River Gold District consists of 11 mineral claims along an 80-kilometer belt, with construction at the Goose Project on schedule for first gold pour in Q2 2025 and ramp-up to commercial production expected in Q3 2025 [2][18]. - The updated Indicated Mineral Resource estimate is 3,560,000 ounces of gold at a grade of 7.16 g/t, a 16% improvement from the previous report [5]. - The Inferred Mineral Resource estimate is 2,440,000 ounces of gold at a grade of 7.54 g/t, a 14% improvement from the prior report [5]. - The Mineral Reserve Life of Mine is projected at approximately 2.3 million ounces of gold, with an average annual production of about 300,000 ounces for the first six years [5][6]. Group 2: Cost and Production Estimates - The average gold grade processed over the Mineral Reserve Life of Mine is 6.82 g/t, a 14% improvement compared to the prior report, with an average recovery rate of 92.5% [6][8]. - Projected All-In Sustaining Costs (AISC) are approximately $1,547 per ounce over the Mineral Reserve Life of Mine, expected to decrease with further resource delineation [6][8]. - The company anticipates a weighted average AISC of approximately $1,360 per ounce from 2027 to 2031, reflecting long-term operational potential [6]. Group 3: Exploration and Optimization Plans - A budget of $32 million is allocated for exploration in 2025, with $21 million dedicated to the Goose Project and $11 million for regional exploration, including the George Project [6][25]. - B2Gold is evaluating multiple optimization studies to enhance the long-term value of the Goose Project, including potential increases in mill throughput from 4,000 tpd to 6,000 tpd [6][24][26]. - The company plans to conduct 12,000 meters of drilling at the Goose Project to target extensions of high-grade resources and explore new regional targets [27]. Group 4: Community Engagement and Development - B2Gold emphasizes collaboration with the Kitikmeot Inuit Association to ensure project development aligns with local priorities and provides long-term socio-economic benefits [17][23]. - The company is committed to maintaining strong community relations and addressing concerns throughout the development of the Back River Gold District [17][23].
B2Gold (BTG) Flat As Market Gains: What You Should Know
ZACKS· 2025-03-24 23:05
Company Performance - B2Gold (BTG) closed at $3.12, showing no change from the previous session, while the S&P 500 gained 1.77% [1] - Over the past month, B2Gold shares appreciated by 10.64%, outperforming the Basic Materials sector's loss of 0.29% and the S&P 500's loss of 5.73% [1] Financial Projections - B2Gold is projected to report earnings of $0.07 per share, reflecting a year-over-year growth of 16.67% [2] - For the full year, earnings are estimated at $0.38 per share and revenue at $2.71 billion, indicating changes of +137.5% and +42.66% from the prior year, respectively [2] Analyst Estimates - Recent changes in analyst estimates for B2Gold are important as they indicate shifting near-term business trends, with positive revisions seen as a good sign for the company's outlook [3] - The Zacks Consensus EPS estimate has shifted 7.12% upward over the past month, and B2Gold currently holds a Zacks Rank of 3 (Hold) [5] Valuation Metrics - B2Gold is trading at a Forward P/E ratio of 8.29, which is a discount compared to the industry's average Forward P/E of 13.83 [6] - The company's PEG ratio is currently 0.24, while the Mining - Gold industry had an average PEG ratio of 1.03 [6] Industry Context - The Mining - Gold industry ranks in the bottom 45% of all industries, with a current Zacks Industry Rank of 140 [7] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]
B2Gold Completes Fekola Solar Plant Expansion to Cut Fuel Costs
ZACKS· 2025-03-19 15:55
Core Viewpoint - B2Gold Corp. has successfully completed the Phase 2 expansion of the Fekola Solar Plant in Mali, which will enhance sustainability by reducing emissions and fuel consumption [1][4]. Group 1: Expansion Details - The Phase 2 expansion began in June 2023, with construction activities including land clearing and road construction, and was completed with the installation of 46,200 additional solar panels, bringing the total to 142,912 panels [2][3]. - The expansion will add 22 megawatts of solar capacity and 12.7 megawatt-hours of battery storage, leading to an annual reduction of 63,000 tons in carbon-dioxide-equivalent emissions [4][5]. Group 2: Economic and Employment Impact - The construction of the solar plant expansion generated over 120 local jobs, and 13 individuals were trained and employed for maintenance post-completion [3]. - The reduction in heavy fuel oil consumption is expected to be 20 million liters per year, which is anticipated to significantly lower operational costs [4]. Group 3: Financial Performance - In Q4 2024, B2Gold reported adjusted earnings per share of 1 cent, missing the Zacks Consensus Estimate of 6 cents, marking an 86% decline year over year due to decreased gold ounces sold [6]. - The company generated revenues of $499.8 million in Q4 2024, a 2.4% decrease year over year, with a 33.5% increase in average realized gold prices offset by a 26.9% decline in gold ounces sold [7]. Group 4: Stock Performance - B2Gold's shares have increased by 34.3% over the past year, while the industry has seen a growth of 48.7% [8].
A Golden Buying Opportunity
Seeking Alpha· 2025-03-08 12:05
Group 1 - Samuel Smith has extensive experience in dividend stock research and investment, having served as lead analyst and Vice President at notable firms [1] - He is a Professional Engineer and Project Management Professional, holding degrees in Civil Engineering & Mathematics and a Masters in Engineering with a focus on applied mathematics and machine learning [1] - Samuel leads the High Yield Investor investing group, collaborating with Jussi Askola and Paul R. Drake to balance safety, growth, yield, and value in investment strategies [2] Group 2 - High Yield Investor provides real-money core, retirement, and international portfolios, along with regular trade alerts and educational content [2] - The service includes an active chat room for investors to engage and share insights [2]
B2Gold: Rising Gold Prices, Expanding Production, Bargain Valuation
Seeking Alpha· 2025-03-03 13:40
Group 1 - B2Gold (BTG) was one of the few large gold miners that did not see its share price increase last year despite a significant rally in gold prices, which reached record highs [1] - The VanEck Gold Miners index indicates a broader trend in the gold mining sector, highlighting the disparity in performance among different companies [1] Group 2 - The investment philosophy of Mountain Valley Value Investments focuses on identifying undervalued companies with strong growth potential across various sectors, emphasizing long-term value and disciplined research [1] - The company aims to uncover investment opportunities that can deliver strong returns while highlighting potential risks that may impact investment theses [1]