- B2Gold released its Q4 and FY2021 results this week, reporting annual gold production of ~1.05 million ounces, marking another record for the company.
- This was achieved despite a lower-grade year for its top mine, and despite COVID-19 and supply chain headwinds that have challenged the sector.
- Notably, despite inflationary pressures, B2Gold's costs came in just below its initial guidance mid-point of $890/oz, and while costs will rise in FY2022, they will remain below the industry average.
- Given B2Gold's attractive dividend yield, its bright future at Fekola, and its continued ability to over-deliver, I would view any pullbacks below $3.70 as low-risk buying opportunities.
For further details see:
B2Gold: Buy The Dips