BTG
B2Gold Corp.
$5.07
+0.01 (+0.20%) ↑
As of Aug 3, 2026, 2:15 PM EDT· Delayed 15 min
$7B
Market Cap
53.2%
Above 52W Low
$3.31
52W Low
19.3%
Below 52W High
52-Week Range
$3.31
52W Low
$6.29
52W High
Holders
8 TRACKED INVESTORS HOLD BTG
Peter Schiff added 556,972 shares· Q1 2026 · filed 2026-05-06
Get Alerts for B2Gold Corp. (BTG)
Get notified when a tracked investor or company insider files a buy or sell for BTG. Alerts cover US SEC filings (Form 4 and 13F) that GoldSignal ingests.
Insider buying
No recent insider transactions on file.
Latest fund position changes
View all13F
- David McAlvanydecrease
940,831 → 801,208 shares (-14.8% QoQ) · 2026-03-31 · Filed 2026-05-06 · SEC
Exited from 56,760 shares · 2026-03-31 · Filed 2026-05-08 · SEC
- Peter Schiffincrease
7,584,250 → 8,141,222 shares (+7.3% QoQ) · 2026-03-31 · Filed 2026-05-06 · SEC
Fund position filings reflect the last filed quarter and can be 45+ days old. They are not real-time.
Major stakes
View all- Passive stake13GPale Fire Capital SICAV a.s.5.2%Feb 12, 2026SEC filing
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 projectsGold beta
BTG Gold Beta
1.53Daily OLS vs GLD (or SLV) · 252 sessions · published when R² ≥ 0.10. Taller means larger magnitude moves with gold.
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
1.53x
Amplifies gold moves
R-squared
0.50
Model fit (moderate)
Reliability-Adjusted Beta
0.76x
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 1.53 means it has historically amplified gold moves.
R-squared of 0.50 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 |
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
At a Glance
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 $5.070, target $5.500 (+8.5%)
All-time avg $5.360 (10 targets)
Ownership from tracked investor filings and public statements. Insider buying from SEC filings (Form 4).