B2Gold Corp T.BTO

Alternate Symbol(s): BTG

Metals & Mining Gold

B2Gold Corp. is an international gold producer. The Company has operating gold mines in Mali, Namibia and the Philippines, the Goose Project under construction in northern Canada, and numerous development and exploration projects in various countries, including Mali, Colombia, and Finland. The Fekola Mine is located in southwest Mali, on the border between Mali and Senegal, approximately 500 kilometers due west of the capital city, Bamako. The Masbate Mine is located approximately 360 kilometers southeast of Manila. The Otjikoto Mine is located in the north-central part of Namibia, approximately 300 kilometers north of Windhoek and is a gold producer. The Company also owns the Gramalote Project in Colombia. It also has an interest in the Back River Gold District, which is located in Nunavut, Canada. The Back River Gold District consists of approximately five mineral claims blocks along an 80-kilometer belt. It is engaged in operating Goose Project, which is located in Nunavut, Canada.

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B2Gold Corp

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Post by echo2on May 28, 2021 11:24am

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Post# 33285998

Scotia Positive Maintains Outperform and $9.50 Target

Latest Research (May 27, 2021):

OUR TAKE: Mild Positive. B2Gold provided an update on Mali to say that in spite of recent political events within the country (there was a peaceful change of government earlier this week, details below), operations at Fekola are unaffected and full-year Fekola guidance has been reiterated for production of 530k-560koz Au. In addition, the national strike in Mali has now ended which also did not have any significant impact on Fekola. Fekola represents 51% of our asset NAV. For the full-year 2021E, BTO expects consolidated production of 970koz to 1.03Moz Au (60% in 2H/21) with AISC of $870-$910/oz. BTO shares are rated Sector Outperform with a C$9.50 price target.