Canaccord lowered the firm’s price target on B2Gold (BTG) to C$7.75 from C$8 and keeps a Buy rating on the shares. The firm updated its model following Q2 results. The company reported a solid operating quarter with higher production and lower costs than our forecasts. However, the results were partially offset by 19koz fewer ounces sold than produced, resulting in an EBITDAbeat of 3%.
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Read More on BTG:
- B2Gold Corp. Earnings Call Highlights Operational Success
- B2Gold Corp. Reports Strong Q2 2025 Results
- B2Gold Exceeds Q2 2025 Gold Production Expectations and Advances Key Projects
- B2Gold reports Q2 adjusted attributable EPS 12c, consensus 13c
- B2Gold still sees 2025 total gold production 970K-1.075K ounces