B2Gold Corp. (NYSE:BTG) shares are trending on Wednesday night.

Shares of the Canada-based company fell 8.92% to $4.90 in after-hours trading Wednesday after it released its fourth-quarter and full-year 2025 results.

Q4 2025 Results

For the quarter ended Dec. 31, 2025, B2Gold reported that gold revenue totaled $1.05 billion, based on sales of 283,490 ounces at an average realized price of $3,718 per ounce.

Fourth-quarter net income attributable to shareholders totaled $171 million, or $0.13 per share.

The gold producer company stated that all-in sustaining costs were $1,754 per ounce, while cash operating costs were $736 per ounce produced.

Full-Year 2025 Results

B2Gold Corp. noted record annual revenue of $3.06 billion after selling 927,797 ounces of gold at an average realized price of $3,299 per ounce.

The company said full-year all-in sustaining costs (AISC) totaled $1,584 per …

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