B2Gold Corp. (NYSEAMERICAN:BTG) is one of the Best Canadian Stocks Under $10 to Buy Now. On May 6, B2Gold entered 2026 with strong results, producing 237,763 ounces of gold and generating $362 million in free cash flow. All operating mines exceeded production targets, resulting in lower than expected costs with an AISC of $1,964 per ounce sold. The company maintained high liquidity and ended the quarter with $479 million in cash and a fully undrawn $800 million line of credit.
Strategically, the company announced that CEO Clive Johnson will retire in June and that CFO Mike Cinnamond will succeed him. B2Gold also closed the $325 million sale of its stake in Fingold to Agnico Eagle and renewed its share buyback program. Operationally, the Fekola Complex remained the main producer, while the Masbate and Otjikoto mines benefited from favorable high-grade ore variations.
In Canada, the Goose mine beat expectations but faces a 10,000-ounce production hurdle for the second quarter following a fire in its crushing circuit. Repairs are underway and are expected to be completed in the third quarter. Despite this temporary setback, B2Gold declared a dividend of $0.02 per share and continues to advance its Gramalote Project in Colombia and other regional exploration targets.
B2Gold Corp. (NYSEAMERICAN:BTG) is a senior producer of low-cost international gold. The company focuses on acquiring, developing and operating gold mines with producing assets in Mali, Namibia, the Philippines and Canada.
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