{"id":124611,"date":"2026-05-07T15:59:33","date_gmt":"2026-05-07T15:59:33","guid":{"rendered":"https:\/\/christiancorner.us\/index.php\/2026\/05\/07\/btg-strong-surge-in-the-first-quarter\/"},"modified":"2026-05-07T16:04:36","modified_gmt":"2026-05-07T16:04:36","slug":"btg-strong-surge-in-the-first-quarter","status":"publish","type":"post","link":"https:\/\/christiancorner.us\/index.php\/2026\/05\/07\/btg-strong-surge-in-the-first-quarter\/","title":{"rendered":"BTG) Strong surge in the first quarter"},"content":{"rendered":"<p>\n<\/p>\n<div id=\"\">&#13;<br \/>\n        &#13;<\/p>\n<div class=\"article-meta-wrap\">\n<p class=\"article-meta\">Published on May 07, 2026<\/p>\n<section class=\"news-share-wrap\" role=\"region\" aria-label=\"Share and tools\">&#13;<br \/>\n  <a rel=\"nofollow noopener\" target=\"_blank\" class=\"a2a_dd px-3 py-1.5 rounded bg-blue-600 text-white text-sm\" href=\"https:\/\/www.addtoany.com\/share\">share<br \/>\n  <\/a>&#13;<br \/>\n<\/section>\n<\/p><\/div>\n<p>&#13;<br \/>\n&#13;<br \/>\n        <!-- TOP TELEGRAM BANNER -->&#13;<br \/>\n        <!-- Telegram Promotion Banner (Apollo Style) -->&#13;<\/p>\n<div class=\"telegram-banner-ad\">\n<div class=\"telegram-banner-content\">\n<div class=\"telegram-banner-icon\"><\/div>\n<div class=\"telegram-banner-text\">\n<h3 class=\"telegram-banner-title\">join our free <span class=\"telegram-banner-highlight\">telegram server<\/span> Today<\/h3>\n<p class=\"telegram-banner-subtitle\">Real-time stock alerts on Mining, Crypto, AI\/Tech, Defense and Biotech channels<\/p>\n<\/p><\/div>\n<p>        <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/t.me\/+o8DxSAgeNCk2ZGVh\" class=\"telegram-banner-btn\">join Free<br \/>\n        <\/a>\n    <\/div>\n<\/div>\n<p>&#13;<br \/>\n&#13;<\/p>\n<figure class=\"figure\">&#13;<br \/>\n          <img decoding=\"async\" src=\"https:\/\/www.investorideas.com\/news\/2026\/mining\/images\/050726-3.jpg\" alt=\"B2Gold Corp. (TSX:BTO) (NYSE:BTG) Strong Q1 Rise\" class=\"figure-img\"\/>&#13;<br \/>\n        <\/figure>\n<p>&#13;<br \/>\n&#13;<\/p>\n<p class=\"para\">(Investorideas.com Newswire) A trusted platform for investment ideas including mining stocks, gold stock B2Gold Corp. (TSX:BTO) (NYSE AMERICAN:BTG) issues comments.\n        <\/p>\n<p>&#13;<br \/>\n&#13;<\/p>\n<div>\n<p class=\"para\">The stock makes the TSX&#8217;s list of top percentage gainers as gold surged today and investors absorbed the company&#8217;s record results.\n          <\/p>\n<p class=\"para\">The stock makes the TSX top percentage gainers list, currently trading at $7.10, up $1.02, up 16.75%.\n          <\/p>\n<p class=\"para\">B2Gold Corp. (TSX: BTO, NYSE American: BTG, NSX: B2G) announced its operating and financial results for the first quarter of 2026. Unless otherwise indicated, all dollar figures are in United States dollars.\n          <\/p>\n<h2 class=\"section-title\"><strong>Highlights of 2026 first quarter<\/strong><\/h2>\n<ul class=\"list\">&#13;<\/p>\n<li>&#13;<br \/>\n              <strong>237,763 ounces of gold production:<\/strong> Total gold production in the first quarter of 2026 was 237,763 ounces. All operations achieved higher than expected production in the first quarter.<\/li>\n<p>&#13;<\/p>\n<li>&#13;<br \/>\n              <strong>Consolidated cash operating costs of $1,005 per gold ounce produced:<\/strong>Consolidated cash operating costs (see \u201cNon-IFRS measures\u201d) during the first quarter of 2026 were $1,005 per gold ounce ($846 per gold ounce sold). Cash operating costs per ounce produced for the first quarter of 2026 were better than expected, primarily as a result of higher than expected gold production.<\/li>\n<p>&#13;<\/p>\n<li>&#13;<br \/>\n              <strong>Consolidated all-in sustaining cost of $1,964 per gold ounce sold:<\/strong>The consolidated all-in cost (see \u201cNon-IFRS measures\u201d) per gold ounce sold during the first quarter of 2026 was $1,964. Consolidated all-in sustaining costs for the first quarter of 2026 were better than expected as a result of lower production costs than anticipated, sales of more gold ounces than planned and lower-than-expected sustaining capital expenditures.<\/li>\n<p>&#13;<\/p>\n<li>&#13;<br \/>\n              <strong>Attributable net income of $0.15 per share; Adjusted attributable net income of $0.19 per share:<\/strong>Net income payable to company shareholders was $200 million, or $0.15 per share; Adjusted net income attributable to the Company&#8217;s shareholders (see &#8220;Non-IFRS Measures&#8221;) was $260 million, or $0.19 per share.<\/li>\n<p>&#13;<\/p>\n<li>&#13;<br \/>\n              <strong>Operating cash flow before working capital adjustments of $386 million and free cash flow of $362 million:<\/strong>Cash flow provided by operating activities before working capital adjustments of $386 million and free cash flow of $362 million in the first quarter of 2026 (see \u201cNon-IFRS Measures\u201d).<\/li>\n<p>&#13;<\/p>\n<li>&#13;<br \/>\n              <strong>Strong financial position and liquidity:<\/strong> As of March 31, 2026, the company had cash and cash equivalents of $479 million and working capital (defined as current assets less assets classified for sale and current liabilities) of $171 million. During the first quarter of 2026, the Company paid down a net $75 million on the Company&#8217;s $800 million revolving credit facility (&#8220;RCF&#8221;). After the end of the quarter, on April 24, 2026, the Company paid in full the $75 million outstanding on the RCF, leaving the full $800 million available for future reductions.<\/li>\n<p>&#13;<\/p>\n<li>&#13;<br \/>\n              <strong>Leadership change:<\/strong> On February 23, 2026, the Company announced that, as part of the Company&#8217;s leadership succession plan, Mr. Clive Johnson has decided to retire from his role as Chairman, Chief Executive Officer (&#8220;CEO&#8221;) and Director of the Company, effective June 4, 2026. The Board of Directors nominated Mike Sinamond, B2Gold&#8217;s Senior Vice President, Finance and Chief Financial Officer, to succeed Mr. Johnson as President and CEO and to replace Mr. Johnson on the Board of Directors. In recognition and appreciation of his unique and important role as a founder and his invaluable contributions to the Company, Mr. Johnson will be named Chairman Emeritus of B2Gold.<\/li>\n<p>&#13;<\/p>\n<li>&#13;<br \/>\n              <strong>Repurchase of $80 million shares under the Company&#8217;s Normal Course Issuer Bid (&#8220;NCIB&#8221;):<\/strong>During the first quarter of 2026, the company repurchased 16 million shares under the former NCIB for $80 million. After the end of the quarter, the company repurchased and canceled an additional 4 million shares for $18 million.<\/li>\n<p>&#13;<\/p>\n<li>&#13;<br \/>\n              <strong>Company&#8217;s NCIB renewed for 10% of public float:<\/strong>On April 1, 2026, the Toronto Stock Exchange accepted B2Gold&#8217;s notice of intention to renew its NCIB. The renewed NCIB began on April 3, 2026, and will expire after April 2, 2027. The renewed TSX approval allows the Company to purchase up to 132,662,594 common shares of B2Gold, representing 10% of the public float, through March 20, 2026.<\/li>\n<p>&#13;<\/p>\n<li>&#13;<br \/>\n              <strong>70% interest in Feingold Ventures Limited (&#8220;Feingold&#8221;) sold to Agnico Eagle Mines Limited (&#8220;Agnico Eagle&#8221;) for $325 million:<\/strong>On April 23, 2026, B2Gold announced that it had closed the sale of its 70% stake in Feingold to Agnico Eagle for a cash consideration of $325 million.<\/li>\n<p>&#13;<\/p>\n<li>&#13;<br \/>\n              <strong>Nunavut cooperation agreement agreed with Agnico Eagle:<\/strong>On April 20, 2026, the Company announced that B2Gold and Agnico Eagle have agreed to enter into a collaboration agreement focused on knowledge sharing and collaboration across their respective operations in Nunavut, Canada (the &#8220;Nunavut Collaboration Agreement&#8221;). The agreement aims to leverage the complementary experience, best practices and expertise of both companies operating in the northern Arctic environment. The agreement will not involve any transfer of ownership interests or integration of activities and is non-exclusive in nature.<\/li>\n<p>&#13;<\/p>\n<li>&#13;<br \/>\n              <strong>Q2 2026 Dividend of $0.02 per share declared:<\/strong> On May 6, 2026, B2Gold&#8217;s board of directors declared a cash dividend of $0.02 per common share (or $0.08 per share expected on an annualized basis) for the second quarter of 2026, payable on June 23, 2026, to shareholders of record through June 10, 2026.\n            <\/li>\n<p>&#13;\n          <\/ul>\n<p class=\"para\">&#13;<br \/>\n            <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/www.b2gold.com\/news-media\/news-releases\/news-details\/2026\/B2Gold-Reports-Q1-2026-Results\/default.aspx\" class=\"link\">full news<\/a>&#13;\n          <\/p>\n<\/p><\/div>\n<p>&#13;<br \/>\n&#13;<br \/>\n        <br \/>&#13;<br \/>\n&#13;<\/p>\n<hr\/>\n<p>&#13;<br \/>\n&#13;<\/p>\n<p class=\"subsection-title\">Research Mining Stocks on Investorideas.com Free Stock Directory\n        <\/p>\n<p>&#13;<\/p>\n<p class=\"para\">https:\/\/www.investorideas.com\/Gold_Stocks\/Stocks_List.asp\n        <\/p>\n<p>&#13;<br \/>\n&#13;<\/p>\n<p class=\"subsection-title\">Sign up for free stock news alerts at Investorideas.com:\n        <\/p>\n<p>&#13;<\/p>\n<p class=\"para\">https:\/\/www.investorideas.com\/Resources\/Newsletter.asp\n        <\/p>\n<p>&#13;<br \/>\n&#13;<br \/>\n        <br \/>&#13;<br \/>\n&#13;<\/p>\n<h3 class=\"subsection-title\">About Investorideas.com &#8211; Big Investment Ideas<br \/>\n        <\/h3>\n<p>&#13;<\/p>\n<p class=\"para\">https:\/\/www.investorideas.com\/About\/\n        <\/p>\n<p>&#13;<\/p>\n<p class=\"para\">Investorideas.com is a trusted platform for retail investors, serving as a hub for innovative investment ideas for over 25 years. Known for leading coverage in sectors such as mining, cleantech, defense and water reserves, the company and its executives have been featured in high-profile media outlets for its expertise. Investorideas.com is always at the forefront of investing trends, providing coverage of industries as diverse as coal, mining and technology. With a mission to empower investors, the company provides breaking news, sector-focused articles, podcasts, and exclusive interviews with leading experts. Additionally, its award-winning branded content, al-driven short videos and podcasts highlight key investment insights and feature key industry leaders.\n        <\/p>\n<p>&#13;<br \/>\n&#13;<\/p>\n<p class=\"para\">&#13;<br \/>\n          <strong>Why partner with Investor Ideas? Find our powerful news, PR, social media and podcast solutions for crypto stocks at Investorideas.com<br \/>\n          <\/strong>&#13;\n        <\/p>\n<p>&#13;<\/p>\n<p class=\"para\">https:\/\/www.investorideas.com\/Investors\/Services.asp\n        <\/p>\n<p>&#13;<br \/>\n&#13;<\/p>\n<p class=\"para\">Why should companies choose Investor Ideas for digital advertising and guest posts?\n        <\/p>\n<p>&#13;<\/p>\n<p class=\"para\">https:\/\/www.investorideas.com\/Advertise\/\n        <\/p>\n<p>&#13;<br \/>\n&#13;<\/p>\n<p class=\"para\">Follow us on X @investorideas @stocknewsbites<br \/>Follow us on Facebook<br \/>\n          <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/www.facebook.com\/Investorideas\" class=\"link\">https:\/\/www.facebook.com\/Investorideas<\/a><br \/>Follow us on You Tube<br \/>\n          <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/www.youtube.com\/c\/Investorideas\" class=\"link\">https:\/\/www.youtube.com\/c\/Investorideas<\/a><br \/>&#13;\n        <\/p>\n<p>&#13;<br \/>\n&#13;<\/p>\n<p class=\"para\">Join our free Telegram community <\/p>\n<p>&#13;<\/p>\n<p class=\"para\">&#13;<br \/>\n          <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/t.me\/+o8DxSAgeNCk2ZGVh\" class=\"link\">https:\/\/t.me\/+o8DxSAgeNCk2ZGVh<\/a>&#13;\n        <\/p>\n<p>&#13;<br \/>\n&#13;<br \/>\n        <br \/>&#13;<br \/>\n&#13;<\/p>\n<p class=\"para\">Contact Investorideas.com<br \/>800 665 0411<\/p>\n<p>&#13;<br \/>\n        <br \/>&#13;\n      <\/div>\n<p>Our site does not make recommendations for the purchase or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investments involve risk and possible loss. The site currently offers compensation for news publishing and distribution, social media and marketing, content creation, and more. Disclosures are posted for each compensated news release and published\/produced content if necessary, but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact each company&#8217;s management and IR directly regarding specific questions.\n      <\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#13; &#13; Published on May 07, 2026 &#13; share &#13; &#13; &#13; &#13; &#13; join our free telegram server Today Real-time stock alerts on Mining, Crypto, AI\/Tech, Defense and Biotech channels join Free &#13; &#13; &#13; &#13; &#13; &#13; (Investorideas.com Newswire) A trusted platform for investment ideas including mining stocks, gold stock B2Gold Corp. (TSX:BTO)<\/p>\n","protected":false},"author":1,"featured_media":124616,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[59],"tags":[29169,4324,1790,260],"class_list":{"0":"post-124611","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-daily-bread","8":"tag-btg","9":"tag-quarter","10":"tag-strong","11":"tag-surge"},"_links":{"self":[{"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/posts\/124611","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/comments?post=124611"}],"version-history":[{"count":1,"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/posts\/124611\/revisions"}],"predecessor-version":[{"id":124617,"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/posts\/124611\/revisions\/124617"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/media\/124616"}],"wp:attachment":[{"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/media?parent=124611"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/categories?post=124611"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/tags?post=124611"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}