B2Gold Revenue Tops Estimates While Cutting Full-Year Cost Guidance

B2Gold reported third-quarter 2026 revenue of about $836 million, up from $782.9 million a year earlier and above analyst expectations, while adjusted earnings were $0.14 per share. Net income rose sharply year over year, helped in part by a $253.5 million reversal of impairment charges; the company also reported higher operating income for the quarter and first nine months. B2Gold lowered its 2026 all-in sustaining cost guidance to $2,230–$2,410 per ounce, while keeping its production forecast of 820,000–920,000 ounces unchanged. The company generated $239 million in operating cash flow and $48 million in free cash flow, returned $59 million to shareholders through dividends and buybacks, and declared a fourth-quarter dividend of $0.02 per share. Operational plans include increasing throughput at the Goose mine and beginning to send Menankoto ore to the Fekola plant in early 2027; analyst assessments cited in the reports ranged from Hold to Neutral, with profitability and valuation viewed positively but momentum and near-term cash-flow risks flagged.