B2Gold
About: B2Gold Corp is an international, low-cost, senior gold mining company. It has three operating open-pit gold mines in Mali, Namibia, and the Philippines and numerous exploration projects across four continents. Other assets include the Gramalote and Kiaka gold projects. The company focuses on acquiring and developing interests in mineral properties with a primary focus on gold deposits as gold production forms all its revenue. There is no dependence on a particular purchaser because the gold is sold into various markets. The company's reportable operating segments include its mining operations and development projects, namely Fekola; Masbate; Otjikoto; the Goose Project, and other mineral properties; and corporate and other.
Employees: 6,150
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
2.8% more ownership
Funds ownership: 47.43% [Q3] → 50.23% (+2.8%) [Q4]
7% more call options, than puts
Call options by funds: $8.61M | Put options by funds: $8.03M
9% less repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 79
4% less funds holding
Funds holding: 246 [Q3] → 236 (-10) [Q4]
15% less first-time investments, than exits
New positions opened: 35 | Existing positions closed: 41
18% less capital invested
Capital invested by funds: $1.98B [Q3] → $1.61B (-$365M) [Q4]
60% less funds holding in top 10
Funds holding in top 10: 5 [Q3] → 2 (-3) [Q4]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
CIBC Anita Soni 86% 1-year accuracy 6 / 7 met price target | 22%upside $3.30 | Neutral Maintained | 15 Jan 2025 |
Financial journalist opinion
Based on 7 articles about BTG published over the past 30 days
