B2Gold (BTO.TO) Stock is Down Despite Powerful Management’s Claims

The stock of the Company was significantly crashing. On June 17, the share price was at Can$5.6800; then it enormously decreased to Can$5.1950 on June 25 with some volatilized. Since June 28, making up at Can$5.1600, the shares suddenly began to collapse until today by 11%.

B2Gold Corporation is delighted to announce its gold production and gold earnings for the second quarter and the first half of 2021. Consolidated revenue in the second quarter of 2021, gold sales amounted to $ 363 million with sales of 200,071 ounces at an average price of $ 1,814 per ounce, compared to $ 442 million with sales of 257,100 ounces at an average price of $ 1,719 per ounce in the second quarter of 2020.

The decrease in income from the sale of gold by 18% (the US $ 79 million) by 22% was due to a decrease in the volume of gold ounces sold (mainly due to a decrease in gold production and gold delivery times), which was partially offset by the impact of an increase in the average selling price of gold by 4%. The Company’s current strategy is to continue maximizing profitable production at its mines, further advancing its development and exploration projects, evaluating opportunities, and paying significant dividends.

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