B2Gold Corp. (NYSE:BTG) is touted as one of the best cheap stocks under $10 to buy now, but was downgraded to Market Perform by Cormark with a C$6.50 price target. Scotiabank maintains Sector Perform on BTG, raising the price target to C$8 after B2Gold’s fiscal Q3 2025 results showed strong gold production.

The company’s fiscal Q3 results indicated total gold production of 254,369 ounces, exceeding expectations at the Fekola, Masbate, and Otjikoto mines. Despite some challenges at the Goose Mine, B2Gold is on track to achieve its strongest gold production quarter in 2025. Production guidance remains steady for most mines, with adjustments made to the Goose Mine’s output projections.

B2Gold Corp. (NYSE:BTG) operates in various segments, including the Fekola Mine, Masbate Mine, Otjikoto Mine, and others. While the company shows promise as an investment, some believe other AI stocks may offer greater opportunities. For those seeking undervalued AI stocks, a free report on the best short-term AI stock is available.

For more insights on potential stocks and investing trends, check out articles on 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. This article is originally published on Insider Monkey and carries no disclosures.

Read more at Yahoo Finance: Cormark Downgrades B2Gold Corp. (BTG) to Market Perform from Buy