B2Gold Corp. (NYSEAMERICAN:BTG) is one of the best Canadian stocks under $10 to buy now. On May 6, B2Gold started 2026 with strong results, producing 237,763 ounces of gold and generating $362 million in free cash flow. All operating mines exceeded production targets, leading to lower-than-expected costs with an AISC of $1,964 per ounce sold. The company maintained high liquidity, ending the quarter with $479 million in cash and a fully undrawn $800 million credit facility.
Strategically, the company announced that CEO Clive Johnson will retire in June, with CFO Mike Cinnamond set to succeed him. B2Gold also closed the $325 million sale of its Fingold interest to Agnico Eagle and renewed its share buyback program. Operationally, the Fekola Complex remained the top producer, while the Masbate and Otjikoto mines benefited from favorable high-grade ore variances.
In Canada, the Goose Mine outperformed expectations but faces a 10,000-ounce production headwind for the second quarter following a fire in its crushing circuit. Repairs are underway and expected to conclude in the third quarter. Despite this temporary setback, B2Gold declared a $0.02 per share dividend and continues to advance its Gramalote Project in Colombia and other regional exploration targets.
B2Gold Corp. (NYSEAMERICAN:BTG) is a low-cost international senior gold producer. The company focuses on acquiring, developing, and operating gold mines with producing assets in Mali, Namibia, the Philippines, and Canada.
While we acknowledge the potential of BTG as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy.
Disclosure: None. Follow Insider Monkey on Google News.
