B2Gold Corp (NYSE:BTG) is favored by hedge funds as one of the best mid-cap stocks to buy. RBC Capital maintains a Hold rating with a $5 price target following strong Q3 results driven by increased gold production and higher prices.

B2Gold Corp exceeded production targets with a total gold production of 254,369 ounces in Q3, driving revenue to $782,948. The company anticipates its strongest gold production in 2025, with the fourth quarter expected to be the strongest.

B2Gold Corp returned to profitability in Q3 with a net income of $23,123, compared to a net loss of $631,032 in the same period last year. Earnings per share improved to $0.01 from a loss per share of $0.48.

The company ended Q3 with a robust financial position, holding $367 million in cash and cash equivalents. A quarterly dividend of $0.02 per share has been approved by the board of directors, payable on December 15 to shareholders of record as of December 2, 2025.

B2Gold Corp (NYSE:BTG) operates as a global, low-cost gold miner with three open-pit mines in Mali, Namibia, and the Philippines. Its revenue is solely derived from gold sales across diverse markets to avoid dependence on a single buyer.

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Read more at Yahoo Finance: RBC Capital Affirms Hold Stance as B2Gold Corp. (BTG) Bounces to Profitability on High Gold Prices