B2Gold: Buy Ahead Of Free Cash Flow Inflection

B2Gold Corp. remains a Buy despite recent volatility and a 20.6% decline from all-time highs. BTG is positioned to generate strong free cash flow, especially after its restrictive prepay agreement ends in 1H 2026. Completion of circuit modifications at Goose mine in H2 2026 will drive annual gold output above 300,000 ounces from 2027–2031.