$7B
Market Cap
45.7%
Above 52W Low
$3.57
52W Low
17.3%
Below 52W High
$6.29
52W High
52-Week Range
$3.57
52W Low
$6.29
52W High
Holders
8 TRACKED INVESTORS HOLD BTG
L1 Capital Pty Ltd initiated 48,837,914 shares· as of 2026-06-30 · filed 2026-08-13
Insider buying
8 buys by 2 insiders · latest Sep 24, 2026 · last 12 months
Mary-Lynn Ida Oke
Director
$174
CAD $238 at 0.73 exchange (derived USD, FX as-of not published)
32 sh
Sep 24, 2026
SEDI4782390Robin Leslie Weisman
Director
$34
CAD $47 at 0.73 exchange (derived USD, FX as-of not published)
9 sh
Sep 24, 2026
SEDI4782288Mary-Lynn Ida Oke
Director
$163
CAD $224 at 0.73 exchange (derived USD, FX as-of not published)
41 sh
Jun 24, 2026
SEDI4739655
Company Details
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 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. 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.
CEO
Michael Andrew Cinnamond
HeadquartersVancouver, BC
Key Stats
Company Snapshot
Market & Listing
- Primary listing
- NYSE American (BTG)
- Market Cap Tier
- Mid
- P/E (TTM)
- 10.1x
- Gold β
- 1.55OLS vs GLD/SLV · 252 daily sessions · R² reliability
Company & Operations
- Headquarters
- Vancouver, BC
- Stage
- Producer
- Commodities
- gold
- Flagship
- Fekola (Kayes, Mali)
- Jurisdictions
- Mali, Philippines, Namibia, Canada
Contact & Links
- Website
- Visit
Mine projects and jurisdiction risk
Jurisdiction Risk for B2Gold Corp.
Geographic risk is not evenly distributed. A single high-risk jurisdiction can carry outsized exposure even when most operations are in stable regions.
Jurisdiction risk tiers based on the Fraser Institute Annual Survey of Mining Companies
BTG Project Locations
4 projectsBTG Gold Beta
1.55Latest fund position changes
View all13F
- Global Strategic Management Incincrease
Adrian Day
547,164 → 6,230,593 shares (+1038.7% QoQ) · as of 2026-06-30 · filed 2026-08-14 · SEC
- McAlvany Wealth Management LLCincrease
David McAlvany
801,208 → 1,198,966 shares (+49.6% QoQ) · as of 2026-06-30 · filed 2026-07-23 · SEC
- Sprott Inc.increase
464,718 → 695,251 shares (+49.6% QoQ) · as of 2026-06-30 · filed 2026-07-28 · SEC
Initiated 48,837,914 shares · as of 2026-06-30 · filed 2026-08-13 · SEC
Initiated 6,020,795 shares · as of 2026-06-30 · filed 2026-08-14 · SEC
Fund position filings reflect the last filed quarter and can be 45+ days old. They are not real-time.
Major stakes 5%+
View all- Passive stake13GPale Fire Capital SICAV a.s.5.2%as of 2026-02-05 · filed 2026-02-12SEC filing
B2Gold Corp.
BTGNYSE American🇨🇦
Gold beta measures how much this stock tends to move for every 1% move in the price of gold.
Gold Beta
1.55x
Amplifies gold moves
R-squared
0.54
Model fit (moderate)
Reliability-Adjusted Beta
0.83x
R²-weighted beta
Observation Window
252-DAY
Daily returns
How to read
β > 1.1
amplifies gold moves
β 0.9-1.1
tracks gold
β 0-0.9
dampens gold moves
β < 0
moves inversely
BTG's beta of 1.55 means it has historically amplified gold moves.
R-squared of 0.54 indicates a moderate relationship.
Methodology: OLS regression of BTG returns vs. GLD returns over 252 trading days. Source: Polygon.io price data. Updated daily.
Valuation measures
Trailing ratios from reported financials and cached prices.
| Metric | Current |
|---|---|
| Enterprise Value | $5B |
| Trailing P/E | 10.10 |
Analyst estimates
Sell-side consensus figures from FMP. Separate from filed company facts above.
Sell-side estimates
Estimates for FY ending Dec 31, 2026 · based on 8 analysts · FMP
Trading at $5.200, target $5.500 (+5.8%)
All-time avg $5.360 (10 targets)
Ownership from tracked investor filings and public statements. Insider buying from Canadian SEDI insider filings.