B2Gold Corp (BTO) Financings
TSX: BTO · Gold · Production stage
- Market cap$9.88B
- Share price$7.49
- 52-week range$5.01 – $8.60
- Shares outstanding1,319,289,702
- ExchangeTSX
- Websitewww.b2gold.com
B2Gold is a responsible international gold producer headquartered in Vancouver, Canada. Founded in 2007, today, B2Gold has operating gold mines in Canada, Mali, Namibia and the Philippines, and numerous development and exploration projects in various countries.
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B2Gold Corp financial statements
Key figures read from 39 of 39 financial statement filings, Nov 2, 2016 to Aug 6, 2026. Each column is the period as the company first filed it.
Balance sheet: annual key figures
US dollars (US$), in thousands, figures as printed in the statements. Losses and cash outflows are in brackets.
| Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | |
|---|---|---|---|---|---|
| Cash and equivalents | US$380,424 | US$336,971 | US$306,895 | US$651,946 | US$672,999 |
| Total current assets | US$1,129,674* | US$901,789* | US$710,729* | US$1,035,171* | US$1,046,117* |
| Property, plant and equipment | US$3,760,337 | US$3,291,435 | US$3,563,490 | — | — |
| Total assets | US$5,879,316 | US$4,813,998 | US$4,874,619 | US$3,681,233 | US$3,561,293 |
| Debt | US$598,310 | US$437,883 | US$192,125 | US$57,228 | US$75,134 |
| Shareholders' equity | US$3,593,565 | US$2,983,065 | US$3,810,379 | US$3,008,126 | US$2,860,294 |
* Calculated from the statement's own lines: the company did not print this total with a label.
Income statement: annual key figures
US dollars (US$), in thousands, figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Dec 2025 | FY Dec 2024 | FY Dec 2023 | FY Dec 2022 | FY Dec 2021 | |
|---|---|---|---|---|---|
| Cost of sales | (US$1,530,455) | (US$1,195,835) | (US$1,154,271) | (US$1,128,346) | (US$993,712) |
| General and administrative | (US$67,087) | (US$59,483) | (US$62,364) | (US$54,479) | (US$50,185) |
| Share-based compensation | (US$24,954) | (US$24,678) | (US$20,921) | (US$24,843) | (US$22,571) |
| Impairments and write-downs | (US$5,118) | (US$876,376) | (US$322,148) | (US$12,366) | (US$5,905) |
| Net income (loss) | US$426,699 | (US$626,653) | US$41,588 | US$286,723 | US$460,825 |
Cash flow statement: annual key figures
US dollars (US$), in thousands, figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Dec 2025 | FY Dec 2024 | FY Dec 2023 | FY Dec 2022 | FY Dec 2021 | |
|---|---|---|---|---|---|
| Operating cash flow | US$895,836 | US$877,604 | US$714,453 | US$595,798 | US$724,113 |
| Investing cash flow | (US$892,740) | (US$763,301) | (US$845,339) | (US$388,782) | (US$286,277) |
| Financing cash flow | US$58,646 | (US$69,072) | (US$192,510) | (US$211,285) | (US$234,228) |
| Exploration spending (capitalized) | — | — | US$0 | (US$55,995) | (US$31,684) |
| Change in cash | US$61,742 | US$45,231 | (US$323,396) | (US$4,269) | US$203,608 |
| Cash at end of period | US$380,424 | US$336,971 | US$306,895 | US$651,946 | US$672,999 |
B2Gold Corp financings
2 financings announced or closed by B2Gold Corp, read by Mining News Terminal, newest first.
| Date | Company | Type | Stage | Amount | Unit price | Release |
|---|---|---|---|---|---|---|
| 2025-01-22 | B2Gold Corp (BTO) | Convertible debenture | Closed, 1 tranche | US$460.0M | — | B2Gold Announces Offering of Convertible Senior Notes |
| 2024-01-23 | B2Gold Corp (BTO) | Private placement | Announced | $1K | $895.00 | B2Gold Announces Total Gold Production for Q4 2023 of 288,665 oz; Total Gold Production for 2023 of 1,061,060 oz, Achieving Upper Half of 2023 Guidance; 2024 Guidance, Preliminary 2025 Production Outlook and Gold Prepay Arrangement |
B2Gold Corp debt and credit facilities
Convertible debentures and notes, loans, credit facilities, bonds, gold loans and prepayments B2Gold Corp has announced, read by Mining News Terminal. A debt reported in several releases is listed once, at its latest stage.
| Date | Debt | Lender | Amount | Terms |
|---|---|---|---|---|
| 2025-01-28 | Convertible note / loan, closed / funded | — | US$460M | 2.75%, matures 2030 |
| 2018-10-02 | Convertible note / loan, repaid / settled | — | US$259M | — |
| 2017-07-18 | Credit facility, amended | — | US$600M | matures 2021-07-07 |
| 2016-03-15 | Credit facility, proposed | HSBC Bank | US$120M | — |