BTO, CA11777Q2099

B2Gold stock holds at EUR 4.72 with 0.00 percent change

Published on 09/30/2026 at 09:46 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

B2Gold stock drew an RBC target of USD 6.25, up 25.00 percent from USD 5.00 on September 16, 2026. Q2 production reached 203,648 ounces.

BTO, CA11777Q2099, Illustration mit AI erstellt.

B2Gold stock (ISIN CA11777Q2099) was trading at EUR 4.72 at Lang & Schwarz on September 30, 2026 at 9:38 a.m. CEST, unchanged at 0.00 percent versus the EUR 4.72 prior close. The company combines a newly secured Mali permit with a second-quarter production update that keeps execution at the center of the investment case.

Mali permit expands Fekola growth

On August 7, 2026, Yahoo Finance reported that Mali had granted the Menankoto Exploitation Permit. The approval allows pre-stripping and mining activities at Fekola Regional, which management expects to produce more than 150,000 ounces annually from 2028.

The permit changes the timing profile rather than the near-term production base. B2Gold expects Fekola Regional to ramp through the end of 2027, while its 2026 consolidated production guidance stands at 820,000 to 920,000 ounces.

Quarterly profit needs careful reading

B2Gold produced 203,648 ounces in Q2 2026, while cash operating costs reached USD 1,201 per ounce. The Goose mine was affected by an April crushing-circuit fire, although Fekola, Masbate and Otjikoto performed ahead of expectations, according to Financial Times.

Net income attributable to shareholders was USD 417.0 million, or USD 0.31 per share, in Q2 2026. Adjusted net income was USD 41.0 million, or USD 0.03 per share, after excluding gains from the Finland asset sale and derivative effects, according to Yahoo Finance. The gap between reported and adjusted profit makes operating delivery more informative than the headline earnings number.

RBC target rises to USD 6.25

RBC raised its B2Gold price target by 25.00 percent from USD 5.00 to USD 6.25 on September 16, 2026, while keeping its Sector Perform rating, according to MarketScreener. The target is a USD valuation reference and is separate from the euro quotation at Lang & Schwarz.

Stock stays at EUR 4.72

At Lang & Schwarz, B2Gold was trading at EUR 4.72 on September 30, 2026 at 9:38 a.m. CEST, with a 0.00 percent change versus the EUR 4.72 prior close from September 29, 2026. The unchanged quote places the market emphasis on the permit, Goose repairs and the conversion of reported profit into recurring cash flow.