B2Gold Corp. ( BTG ) shares are trending on Wednesday night.

Shares of the Canada-based company fell 8.92% to $4.90 in after-hours trading Wednesday after it released its fourth-quarter and full-year 2025 results.

Q4 2025 Results

For the quarter ended Dec. 31, 2025, B2Gold ( BTG ) reported that gold revenue totaled $1.05 billion, based on sales of 283,490 ounces at an average realized price of $3,718 per ounce.

Fourth-quarter net income attributable to shareholders totaled $171 million, or $0.13 per share.

The gold producer company stated that all-in sustaining costs were $1,754 per ounce, while cash operating costs were $736 per ounce produced.

Full-Year 2025 Results

B2Gold Corp. ( BTG ) noted record annual revenue of $3.06 billion after selling 927,797 ounces of gold at an average realized price of $3,299 per ounce.

The company said full-year all-in sustaining costs (AISC) totaled $1,584 per ounce. Adjusted earnings per share for the year were $0.46.

According to the company, operating cash flow reached $940 million. Cash and cash equivalents stood at $380 million as of Dec. 31, 2025, with $650 million available under the revolving credit facility.

2026 Guidance Signals Production Dip, Higher Costs

B2Gold Corp. ( BTG ) guided 2026 consolidated gold production of 820,000 to 970,000 ounces. The company expects consolidated all-in sustaining costs of $2,400 to $2,580 per ounce, based on a $5,000-per-ounce gold price, with cash operating costs between $1,155 and $1,280 per ounce.

The board also announced a first-quarter 2026 dividend of $0.02 per share, payable on March 19.

Trading Metrics, Technical Analysis

B2Gold Corp. ( BTG ) has a market capitalization of $7.18 billion, with a 52-week high of $5.94 and a 52-week low of $2.53.

The stock of the large-cap company has a Relative Strength Index (RSI) of 55.04.

The stock has delivered a staggering 104.56% gain over the past 12 months.

Currently, BTG is positioned close to 83.6% above its annual low.

Price Action: According to Benzinga Pro data, the stock closed regular trading up 2.48% at $5.38.

Benzinga’s Edge Stock Rankings indicate BTG has a Value score of 78.15.

Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.