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B2Gold ( (TSE:BTO) ) just unveiled an announcement.
B2Gold has announced promising preliminary economic assessment results for the Antelope deposit at its Otjikoto Mine in Namibia, projecting a strong economic outlook with an after-tax NPV of $131 million and a 35% IRR. This development enhances the production profile of the Otjikoto Mine, with a projected Life of Mine average annual gold production of 65,000 ounces and strengthens the company’s economic standing with a potential $185 million after-tax free cash flow at a $2,400 per ounce gold price.
More about B2Gold
B2Gold Corp. is a global gold producer with operations and development projects in various regions, primarily focusing on open pit and underground gold mines. The company is active in the exploration and development of gold deposits, enhancing its market position in the precious metals industry.
YTD Price Performance: -6.56%
Average Trading Volume: 17,743,790
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $3.14B
For an in-depth examination of BTO stock, go to TipRanks’ Stock Analysis page.
