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 significant 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 a global market. 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 Q3 regulatory filings by fund managers ($100M+ AUM)
67% more funds holding in top 10
Funds holding in top 10: 3 [Q2] → 5 (+2) [Q3]
23% more capital invested
Capital invested by funds: $1.61B [Q2] → $1.98B (+$369M) [Q3]
1.77% more ownership
Funds ownership: 45.63% [Q2] → 47.41% (+1.77%) [Q3]
4% more repeat investments, than reductions
Existing positions increased: 81 | Existing positions reduced: 78
2% less call options, than puts
Call options by funds: $10.1M | Put options by funds: $10.3M
4% less funds holding
Funds holding: 256 [Q2] → 246 (-10) [Q3]
21% less first-time investments, than exits
New positions opened: 37 | Existing positions closed: 47
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Jefferies Chris LaFemina 43% 1-year accuracy 6 / 14 met price target | 101%upside $5 | Buy Maintained | 4 Oct 2024 |
Financial journalist opinion
Based on 3 articles about BTG published over the past 30 days
