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The latest announcement is out from B2Gold ( (TSE:BTO) ).
B2Gold Corp. announced a total consolidated gold production of 804,778 ounces for 2024, meeting the lower end of its revised guidance. The Fekola Mine faced production delays, but Masbate and Otjikoto mines outperformed expectations. The company anticipates an increase in production for 2025, projecting between 970,000 and 1,075,000 ounces, and the Goose Project remains on track for first gold production by Q2 2025. Despite the challenges, B2Gold reported strong revenue for Q4 2024 with $500 million generated from gold sales, supporting a positive outlook for the upcoming year.
More about B2Gold
B2Gold Corp. operates in the gold mining industry, focusing on the extraction and production of gold. The company is known for its mining operations in various regions, and it aims to deliver sustainable gold production and growth.
YTD Price Performance: 0%
Average Trading Volume: 13,788,120
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $3.4B
Learn more about BTO stock on TipRanks’ Stock Analysis page.
