In the latest market close, B2Gold (BTG) reached $2.58, with a -1.53% movement compared to the previous day. The stock's performance was behind the S&P 500's daily gain of 0.23%. Meanwhile, the Dow experienced a drop of 0.17%, and the technology-dominated Nasdaq saw an increase of 0.34%. For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $0.27 per share and a revenue of $1.81 billion, representing changes of -3.57% and -6.25%, respectively, from the prior year. The Zacks Ra ...

Unlike other professional sports leagues, baseball seasons almost seem eternal. Of course, that's just hyperbole but the point is, averages come to bite you if you have an unbalanced team of a few superstars and the rest being rank amateurs. Big-box retailer Target (NYSE:TGT) presents a solid case for dividend stocks to buy because of everyday needs. In a retail ecosystem increasingly shifting toward e-commerce, companies in the space must fight for relevance. Target offers a huge advantage because of its o ...

2024 Guidance B2Gold is on track to meet its previously announced outlook for 2024. The company expects a total gold production of 860,000-940,000 ounces for 2024, including 40,000-50,000 ounces of attributable production from Calibre. It anticipates total consolidated cash operating costs to be higher in 2024, and between $835 and $895 per gold ounce. The company expects a total consolidated all-in sustaining costs of $1,360-$1,420 per gold ounce. How Have Estimates Been Moving Since Then? It turns out, es ...

Let's take a look at what these Wall Street heavyweights have to say about B2Gold (BTG) before we discuss the reliability of brokerage recommendations and how to use them to your advantage. Of the 13 recommendations that derive the current ABR, nine are Strong Buy and two are Buy. Strong Buy and Buy respectively account for 69.2% and 15.4% of all recommendations. The ABR suggests buying B2Gold, but making an investment decision solely on the basis of this information might not be a good idea. According to s ...

At the Meeting, shareholders are being asked to vote on four items: Shareholders who have questions or need assistance with voting their shares, should contact Laurel Hill Advisory Group, the proxy solicitation agent, by telephone at +1 877-452-7184 (North America – toll free) or +1 416-304-0211 (outside North America), or by email at assistance@laurelhill.com. If you are a non-registered shareholder, you will be able to attend, participate and/or vote at the Meeting online via live webcast only if you duly ...

Vancouver, British Columbia--(Newsfile Corp. - June 6, 2024) - Sandbox Royalties Corp. ("Sandbox") has entered into a definitive purchase and sale agreement (the "Agreement") with B2Gold Corp. ("B2Gold"), pursuant to which it has agreed to acquire a portfolio of 10 royalties (the "B2Gold Royalty Portfolio") from B2Gold in exchange for approximately US$90 million in share consideration (the "Transaction"). (1) In connection with the Transaction, Sandbox has agreed to issue approximately 153.2 million common ...

Core Viewpoint - B2Gold Corp. has entered into a strategic partnership to sell a portfolio of 10 precious and base metals royalties to Sandbox Royalties Corp., now renamed Versamet Royalties Corporation, which is expected to unlock value from previously unrecognized assets [8][11]. Company Overview - B2Gold is a low-cost international senior gold producer based in Vancouver, Canada, with operating mines in Mali, Namibia, and the Philippines, and a project under construction in Canada [1]. - The company forecasts total consolidated gold production of between 860,000 and 940,000 ounces in 2024 [1][4]. Transaction Details - Under the terms of the agreement, Versamet will issue 153.2 million common shares to B2Gold at a price of C$0.80 per share, representing a 33.0% equity ownership interest valued at approximately $90 million [9]. - The royalties included in the transaction consist of various net smelter return (NSR) and net profit royalties on projects owned by other companies, including West African Resources Ltd. and AngloGold Ashanti Ltd. [9]. - B2Gold has retained ownership of a 22.5% silver royalty on Glencore's Hackett River project [10]. Strategic Implications - The transaction allows B2Gold to unlock the value of its royalties, which were not a core part of its business, while retaining significant upside exposure as a major shareholder in Versamet [11]. - The first phase of the transaction closed on June 5, 2024, with B2Gold receiving 122.0 million shares valued at approximately $72 million [11]. - An Investor Rights Agreement has been established, allowing B2Gold to nominate a member to Versamet's Board of Directors and participate in future capital raises [12]. Future Outlook - The remaining royalties in the transaction are subject to rights that are expected to lapse or be exercised within the next 60 days, with the second phase of the transaction anticipated to close thereafter [11]. - Versamet's royalty portfolio now includes 28 royalties, with two currently cash flowing and several expected to generate cash flow soon [12].

VANCOUVER, British Columbia, June 06, 2024 (GLOBE NEWSWIRE) -- B2Gold Corp. (TSX: BTO, NYSE AMERICAN: BTG, NSX: B2G) ("B2Gold" or the "Company") is pleased to announce that it has entered into a purchase and sale agreement (the "Agreement") to sell a portfolio of 10 precious and base metals royalties (the "Royalties") to Sandbox Royalties Corp. ("Sandbox"), a private, returns-focused metals royalty company (the "Transaction"). In connection with the Transaction, Sandbox has been renamed Versamet Royalties C ...

VANCOUVER, British Columbia, June 03, 2024 (GLOBE NEWSWIRE) -- B2Gold Corp. (TSX:BTO) (NYSE:BTG) (NSX: B2G) ("B2Gold" or the "Company") is pleased to announce that it has published its eighth annual Responsible Mining Report entitled "Raising the Bar" (the "Report"), which details B2Gold's global economic contributions and its environmental, social, and governance management practices, together with the Company's performance against key indicators in 2023. Full details are outlined in the Report, which is a ...

Value investors also try to analyze a wide range of traditional figures and metrics to help determine whether a company is undervalued at its current share price levels. Investors interested in stocks from the Mining - Gold sector have probably already heard of B2Gold (BTG) and Triple Flag Precious Metals (TFPM) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out. There are plenty of strategies for discovering value stocks, but we have found th ...