B2Gold (BTG) Draws Analyst Interest for High Gold-Price Leverage

Core Viewpoint - B2Gold Corp. (NYSE:BTG) is identified as a compelling investment opportunity due to its low forward price-to-earnings multiple and significant interest from hedge funds [1] Analyst Sentiment - As of December 12, 2025, approximately 60% of analysts are bullish on B2Gold Corp., with a median price target of $6.00, indicating a potential upside of 30.15% [2] - Bank of America highlighted B2Gold as having one of the highest gold-price leverage among North American miners, with expectations that the stock will benefit significantly if gold prices rise in 2026 [3] Operational Performance - B2Gold's Goose Mine achieved commercial production on October 2, 2025, ramping up to 81.2% of mill design capacity in the last two weeks of Q3 2025 [5] - The mine is projected to reach full capacity of 4,000 tons per day by the end of 2025, contributing an average of approximately 300,000 ounces annually from 2026 to 2031 [5] Market Dynamics - CIBC reduced its price target for B2Gold from $6.50 to $6.00, maintaining a "Neutral" rating, citing lower production and higher costs at the Goose Mine as reasons for the adjustment [4]