Why B2Gold Corp. (BTG) Went Up On Thursday?

We recently published a list of 10 Firms Buck Thursday’s Market Bloodbath. In this article, we are going to take a look at where B2Gold Corp. (NYSEAMERICAN:BTG) stands against other Thursday’s best performers.

Investors sold off positions on Thursday, sending the stock market tumbling anew following President Donald Trump’s announcement that he had actually raised tariffs on Chinese goods by 145 percent since taking office.

Among all major indices, the Nasdaq was battered the most, losing 4.31 percent. The S&P 500 followed with a 3.46-percent drop while the Dow Jones came in last, down 2.50 percent.

Meanwhile, 10 companies bucked a broader market decline, registering modest gains during the session.

In this article, we have listed Thursday’s 10 best performers and detailed the reasons behind their gains.

To come up with the list, we considered only the stocks with a $2 billion market capitalization and $5 million trading volume.

B2Gold Corp. (NYSEAMERICAN:BTG)

B2Gold rallied for a third straight day on Thursday, ending 5.52 percent higher at $3.06 apiece as investor funds flocked to gold mining companies amid higher gold prices.

On Thursday, the spot prices of gold finished 0.35 percent higher at $3,187.30 per ounce after jumping to an all-time high of $3,188.45 at the intra-day session.

In recent news, BTG said it was nearing the completion of its Goose Mine in Nunavut, Canada.

Slated for completion in June 2025, BTG said it expects to ramp up commercial production as soon as the third quarter of the year.

The Goose Mine is expected to produce 120,000 and 150,000 ounces of gold between this year and 2026. From next year through 2031, annual production is targeted to expand to 310,000 ounces.

Overall, BTG ranks 6th on our list of Thursday’s best performers. While we acknowledge the potential of BTG as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than BTG but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

Disclosure: None. This article is originally published at Insider Monkey.