RBC Capital Maintains a Hold Rating on B2Gold Corp. (BTG)

B2Gold Corp. (NYSE:BTG) is one of the 11 Cheap Gold Stocks to Buy According to Hedge Funds. In a report released on June 4, Michael Siperco from RBC Capital maintained a Hold rating on B2Gold Corp. (NYSE:BTG) with a price target of $4.50.

The analyst maintained the rating despite the company’s fiscal Q1 2025 results, which showed higher-than-expected gold production, reaching 192,752 ounces. B2Gold Corp.’s (NYSE:BTG) operations surpassed production budgets in the quarter, and management is optimistic that it is on track to meet its consolidated annual production guidance range. All three of its operations are continuing to either meet or exceed gold production expectations at the beginning of fiscal Q2 2025.

B2Gold Corp. (NYSE:BTG) is an exploration company that acquires and develops mineral properties. Its operations are divided into the following segments: Fekola Mine, Fekola Regional, Masbate Mine, Otjikoto Mine, Goose Project, Other Mineral Properties, and Corporate and Other.

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