B2Gold Corp.·Basic Materials

Gold mining stocks were reaching for new heights in Q1 2026, but their quest got derailed as uncertainty arose about the outlook. The war in the Middle East can cause all sorts of problems for gold and gold miners, something likely to continue in Q2 2026. While an oil crisis is a short-term headwind for gold and gold miners, the long-term impact could be more positive for both.

Expand NYSEMKT: BTG B2Gold Today's Change (6.51%) $0.29 Current Price $4.83 Key Data Points Market Cap $6.1B Day's Range $4.61 - $4.83 52wk Range $2.53 - $6.29 Volume 2.4M Avg Vol 40M Gross Margin 50.01% Dividend Yield 1.77% B2Gold (BTG +6.51%), operates gold mines in Mali, the Philippines, and Namibia. Shares closed at $4.84, up 6.84%, after the company announced a renewed and expanded share buyback program.

VANCOUVER, British Columbia, March 25, 2026 (GLOBE NEWSWIRE) -- B2Gold Corp. (TSX: BTO, NYSE AMERICAN: BTG, NSX: B2G) (“B2Gold” or the “Company”) is pleased to announce positive exploration drilling results from the 2025 Back River Gold District exploration program in Nunavut, Canada. Results of the drilling program confirm the significant resource potential of the Back River Gold District, increase deposit knowledge, and support resource reclassification and overall mine planning. All dollar figures are in United States dollars unless otherwise indicated.

Expand NYSEMKT: BTG B2Gold Today's Change (-8.37%) $-0.39 Current Price $4.21 Key Data Points Market Cap $6.2B Day's Range $4.07 - $4.36 52wk Range $2.53 - $6.29 Volume 3.8M Avg Vol 39M Gross Margin 50.01% Dividend Yield 1.74% B2Gold (BTG 8.37%), a gold mining and exploration company, closed Thursday at $4.21, down 8.48%. The stock fell against a backdrop of tumbling gold and silver prices and diminishing confidence in the sector.

B2Gold is positioned for a stronger 2027, following a transitional 2026 with high costs and ramp-up at the Goose mine. BTG's valuation remains well below peers, despite a strong balance sheet, diversified operations, and imminent cash flow acceleration post-gold prepay expiry in June 2026. 2026 guidance appears weak due to elevated AISC and lower production, but these are transitional, with cost normalization and higher output expected in 2027.

Brazilian conglomerate Ultrapar has tapped investment bank BTG Pactual to manage the potential sale of a stake in fuel distributor Ipiranga, two people familiar with the process told Reuters on Monday.
B2Gold Corp. operates as a gold producer with three operating mines in Mali, the Philippines, and Namibia. It operates the Fekola Mine in Mali, the Masbate Mine in the Philippines, and the Otjikoto Mine in Namibia. The company also has an 25% interest in the Calibre Mining Corp.; and approximately 19% interest in BeMetals Corp. In addition, it has a portfolio of other evaluation and exploration assets in Mali, Uzbekistan, and Finland. The company was incorporated in 2006 and is headquartered in Vancouver, Canada.