MEX Equity Snapshot

BTGN Weekly Equity Report

B2Gold Corp.

Latest Close 73.00 MXN 12 Jun 2026
1W Return -3.4% latest completed week
4W Return -21.1% short-term follow-through
12W Return 3.1% quarterly tape
Trend Breadth 82.7% 43 of 52 weeks active
Volume Ratio 1.0x vs 13-week average
Company Brief

What the company does

B2Gold Corp. operates as a gold producer company in Canada. The company operates the Fekola Mine in Mali; the Masbate Mine in the Philippines; the Otjikoto Mine in Namibia; the Goose Mine in Canada. It also owns 100% interest in the Gramalote gold project in Colombia. In addition, the company has a portfolio of other evaluation and exploration assets in Mali, Canada and Finland. The company was incorporated in 2006 and is headquartered in Vancouver, Canada.

Snapshot

What the weekly tape is saying

BTGN closed the latest completed week at 73.00 MXN. The 4-week return is -21.1% and the 12-week return is 3.1%. Trend Signal is inactive, Market Dynamics is -0.81. Setup signature: Risk-first tape with a 20/100 composite read.

Trend Signal Inactive
Market Dynamics No fresh buy
Price vs Trend -13.4%
Volume 1.0x
Setup Cockpit

A compressed read of the whole setup

The radar blends trend persistence, momentum, Market Dynamics, Relative Strength, volume confirmation, and risk control into one weekly cockpit.

Composite setup radar

Scoreboard

Trend 45 Persistence of active Trend Signal over the last year and current streak.
Momentum 4 Blend of 4-week and 12-week follow-through.
Dynamics 26 Latest Market Dynamics and whether pressure has improved over four weeks.
Relative Strength 0 Relative leadership and short-term RS change.
Volume 42 Participation compared with the 13-week volume baseline.
Risk Control 0 Drawdown and recent weekly volatility pressure.

16-week signal tape

27 Feb 6 Mar 13 Mar 20 Mar 27 Mar 3 Apr 10 Apr 17 Apr 24 Apr 1 May 8 May 15 May 22 May 29 May 5 Jun 12 Jun
Weekly return bar Trend Signal dot Positive Market Dynamics dot
Price Action

Price, Trend Line, and Fair Value

Weekly price context with the latest close, trend position, Fair Value gap, drawdown, and 52-week range location.

52-week price path

Price Trend Line Fair Value

Price map

Trend Line
84.32 MXN
Vs Trend Line
-13.4%
Fair Value
64.54 MXN
Vs Fair Value
13.1%
52W High
114.9 MXN
52W Low
63.95 MXN
Drawdown
-36.5%
Range Position
17.7%
Momentum

Returns and trend persistence

Return windows separate the latest week from short-term and medium-term follow-through.

Return windows

1W -3.4%
4W -21.1%
12W 3.1%
26W -14.6%
52W -3.0%

Trend read

Active Streak
0 weeks
52W Active Weeks
43
52W Active Breadth
82.7%
Sector Scope
MX Basic Materials
Sector Rank
37 of 53
Sector Percentile
30.8%
Peer Context

Sector and industry pulse

Peer breadth helps separate a stock-specific move from a broader group rotation.

Market Dynamics

Pressure, Relative Strength, and expectation

Market Dynamics and Relative Strength show whether buying pressure and relative leadership are confirming the price move.

Dynamics path

Market Dynamics Relative Strength

Signal state

Market Dynamics
-0.81
4W MD Change
-119.2%
Relative Strength
-15.39
4W RS Change
-318.8%
Expectation
Negative
Probability
39.70%
Volume

Participation and confirmation

Volume tells us whether the latest weekly move is being confirmed by unusual participation.

52-week volume profile

Volume map

Latest Volume
8.6K
13W Average
8.7K
52W Average
9.1K
Vs 13W
1.0x
Vs 52W
0.9x
Risk Anatomy

Volatility, downside weeks, and return shape

A compact risk profile shows whether the move is steady, volatile, or being driven by sharp one-week jumps.

26-week return distribution

Risk map

13W Volatility
8.5%
52W Volatility
7.6%
Upside Weeks
24
Downside Weeks
21
Downside Breadth
40.4%
Avg Gain / Loss
6.2% / -6.5%
Context

Classification, opportunities, risks, and watch points

Top-level read across company classification, constructive evidence, caution points, and the next things that matter.

Classification

Exchange
MEX
Country
MX
Sector
Basic Materials
Industry
Gold
Currency
MXN
Market Cap
106.6B

Opportunity signals

  • Price is above Fair Value, showing premium demand versus the model.

Risk signals

  • Trend Signal is inactive, so price action has not confirmed a constructive regime.
  • Price is below the Trend Line, which keeps downside pressure in focus.
  • Market Dynamics is negative, which weakens the current setup.
  • The share remains more than 20% below its 52-week high.

Watch next

  • Trend Line remains the key weekly regime level.
  • Market Dynamics is the pressure gauge to monitor for confirmation or fade.
  • A volume ratio above 1.5x would show stronger participation in the next move.
Weekly Tape

Recent completed weeks

The latest weekly rows behind the report snapshot.

Week Close Return Trend Fair Value MD RS Volume Signal
12 Jun 2026 73.00 MXN -3.4% 84.32 MXN 64.54 MXN -0.81 -15.39 8.6K Off
5 Jun 2026 75.57 MXN -7.9% 84.39 MXN 64.48 MXN -0.61 -10.33 11.3K Off
29 May 2026 82.08 MXN 2.6% 84.28 MXN 64.41 MXN -0.41 -6.19 9.3K On
22 May 2026 79.98 MXN -13.5% 84.57 MXN 64.29 MXN -0.44 -8.19 1.0K On
15 May 2026 92.47 MXN 1.6% 85.08 MXN 64.18 MXN -0.37 7.03 188 On
8 May 2026 91.04 MXN 5.9% 85.42 MXN 63.99 MXN -0.46 3.14 14.0K Off
1 May 2026 85.98 MXN 0.0% 85.46 MXN 63.81 MXN -0.60 0.61 0 Off
24 Apr 2026 85.98 MXN -0.5% 85.62 MXN 63.65 MXN -0.46 -1.12 731 Off
17 Apr 2026 86.38 MXN 4.9% 85.79 MXN 63.50 MXN -0.49 -1.26 21 Off
10 Apr 2026 82.38 MXN -3.2% 85.53 MXN 63.34 MXN -0.47 -6.21 7.2K Off
3 Apr 2026 85.12 MXN 15.8% 85.35 MXN 63.20 MXN -0.24 -2.79 25.6K Off
27 Mar 2026 73.50 MXN 3.8% 85.07 MXN 63.05 MXN -0.08 -12.18 14.1K Off
20 Mar 2026 70.81 MXN -18.8% 85.10 MXN 62.97 MXN 0.35 -12.07 21.1K On
13 Mar 2026 87.20 MXN -9.1% 85.15 MXN 62.92 MXN 0.63 5.98 15.8K On