CIBC lowered the firm’s price target on B2Gold (BTG) to $3.30 from $3.70 and keeps a Neutral rating on the shares after the company released its 2024 production results and 2025 guidance, along with an updated dividend policy. Overall, the firm viewed the update as slightly negative for the stock given that Fekola production missed in Q4/24 and 2024 guidance came in at the low end of the revised guidance for the year.
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