Wall Street Keeps B2Gold Corp. (BTG) in Focus With Mixed Views

B2Gold Corp. (NYSEAMERICAN:BTG) is among the best fundamentally strong penny stocks to buy according to analysts. As of December 18, B2Gold Corp. (NYSEAMERICAN:BTG) has a ‘Buy’ or equivalent rating from slightly more than half of the analysts covering the stock. With a target price range of $4.25 to $7.62, the median price target of $6 translates to an upside potential of 32.01% from the current price.

On December 10, Michael Siperco, an analyst at RBC Capital, reaffirmed a ‘Hold’ rating on B2Gold Corp. (NYSEAMERICAN:BTG), with a price target of C$6, which converts to approximately $4.35.

Earlier on December 1, Bank of America (BofA) named some North American miners it believes will benefit from the market trend ahead. According to the firm, gold prices will see a sharp uptick in 2026, with the metal anticipated to reach $5,000 per ounce as key macroeconomic drivers supporting prices remain in place.

BofA highlighted that “if gold matched the 2000s bull cycle, $7,000/oz could be upside,” while Michael Hartnett, the firm’s investment strategist, described gold as a “top trade for 2026,” having a forecasted 10% return. In light of this, the firm listed B2Gold Corp. (NYSEAMERICAN:BTG), among the others, “as having the highest gold price leverage,” on a NAV basis.

B2Gold Corp. (NYSEAMERICAN:BTG) is a Canadian gold producer operating the Fekola Mine, the Masbate Mine, and the Otjikoto Mine. Founded in 2006, the company also has a range of other evaluation and exploration assets in Mali and Finland.

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Disclosure: None.