← Signals · Mining · TSX
$BTO
B2Gold Corp.
Signal as of July 21, 2026  ·  90-day rolling window  ·  Mining
Confluence Score
59
out of 100  ·  Confluence  ·  Full breakdown →
Score delayed 7 days on Free  ·  See today's score — Analyst →
Signals scoring 40–59 have historically hit 41% of the time (avg +7.1% over 90 days, 4424 backtested signals). Methodology →
🔒 Risk monitoring — insider-selling & reversal warnings (Analyst)
📅 Buying into earnings — Aug 06 (9d)
Confluence Score
59
Insider Activity (90d)
18
15 buyers  ·  $1.0M  ·  open-market only
Current Price
$5.43
CAD  ·  5-min cache
Market Cap
$7.2B
CAD  ·  TMX
Lobbying & Contracts
Active
1 regs  ·  0 contracts
Mining on Form55: 70% hit rate · +8.8% alpha vs XIU.TO · 138 closed signals Track Record →
Signal Analyst
The Confluence Score and insider trade feed above are free. Signal Analyst adds the full component breakdown, lobbying registrations, and contract wins — plus alerts when this company's signal moves, so you don't have to keep checking back.
Monitor — CAD $29/mo
Price Chart
12 months daily  ·  TSX:BTO
Insider Transactions
90-day window  ·  50 filings
Date Insider Role Nature Dir. Shares Buy Price Return Value
Jul 03, 2026 Montano, Peter Dominic Open Market Buy 2,528 $5.88 -7.7%  · 25d $15K
Jul 03, 2026 Reeder, Neil Exercise Buy 8,482 $5.58 -2.7%  · 25d $47K
Jul 03, 2026 Reeder, Neil Exercise Sell 8,482 $5.58 $47K
Jul 03, 2026 Moore, Daniel Bruce Exercise Sell 8,482 $5.58 $47K
Jul 03, 2026 Moore, Daniel Bruce Exercise Buy 8,482 $5.58 -2.7%  · 25d $47K
Jul 03, 2026 Krohnert, Ninette Open Market Buy 4,700 $5.88 -7.7%  · 25d $28K
Jul 03, 2026 Chatwin, Randall Exercise Buy 25,466 $5.58 -2.7%  · 25d $142K
Jul 03, 2026 Chatwin, Randall Open Market Buy 14,089 $5.88 -7.7%  · 25d $83K
Jul 03, 2026 Cinnamond, Michael Andrew Exercise Sell 25,466 $5.58 $142K
Jul 03, 2026 Moore, Daniel Bruce Open Market Buy 3,458 $5.88 -7.7%  · 25d $20K
Jul 03, 2026 Cinnamond, Michael Andrew Open Market Buy 14,089 $5.88 -7.7%  · 25d $83K
Jul 03, 2026 Lytle, William Exercise Sell 25,466 $5.58 $142K
Jul 03, 2026 Lytle, William Exercise Buy 25,466 $5.58 -2.7%  · 25d $142K
Jul 03, 2026 Chatwin, Randall Exercise Sell 25,466 $5.58 $142K
Jul 03, 2026 Lytle, William Open Market Buy 14,089 $5.88 -7.7%  · 25d $83K
Jul 03, 2026 Stansbury, Dennis Exercise Sell 25,466 $5.58 $142K
Jul 03, 2026 Stansbury, Dennis Exercise Buy 25,466 $5.58 -2.7%  · 25d $142K
Jul 03, 2026 Stansbury, Dennis Open Market Buy 10,364 $5.88 -7.7%  · 25d $61K
Jul 03, 2026 Montano, Peter Dominic Exercise Sell 8,482 $5.58 $47K
Jul 03, 2026 Montano, Peter Dominic Exercise Buy 8,482 $5.58 -2.7%  · 25d $47K
Jul 03, 2026 Cinnamond, Michael Andrew Exercise Buy 25,466 $5.58 -2.7%  · 25d $142K
Jul 03, 2026 Krohnert, Ninette Exercise Buy 8,482 $5.58 -2.7%  · 25d $47K
Jul 03, 2026 Reeder, Neil Open Market Buy 8,482 $5.88 -7.7%  · 25d $50K
Jul 03, 2026 Krohnert, Ninette Exercise Sell 8,482 $5.58 $47K
Jul 03, 2026 Rajala, John Alex Exercise Sell 8,482 $5.58 $47K
Jul 03, 2026 Rajala, John Alex Exercise Buy 8,482 $5.58 -2.7%  · 25d $47K
Jul 03, 2026 Rajala, John Alex Open Market Buy 4,129 $5.88 -7.7%  · 25d $24K
Jul 03, 2026 Bartz, Eduard Comp. Grant Buy 8,482 $5.58 -2.7%  · 25d $47K
Jul 03, 2026 Bartz, Eduard Exercise Sell 8,482 $5.58 $47K
Jul 03, 2026 Bartz, Eduard Comp. Grant Buy 8,482 $5.58 -2.7%  · 25d $47K
Jul 03, 2026 Bartz, Eduard Exercise Sell 8,482 $5.58 $47K
Jul 03, 2026 Bartz, Eduard Exercise Sell 8,482 $5.58 $47K
Jul 03, 2026 Bartz, Eduard Exercise Buy 8,482 $5.58 -2.7%  · 25d $47K
Jul 03, 2026 Bartz, Eduard Open Market Buy 8,482 $5.88 -7.7%  · 25d $50K
Jul 03, 2026 Brown, Andrew Bruce Exercise Sell 8,482 $5.58 $47K
Jul 03, 2026 Brown, Andrew Bruce Exercise Buy 8,482 $5.58 -2.7%  · 25d $47K
Jul 03, 2026 McDonald, Michael Stephen Exercise Sell 8,482 $5.58 $47K
Jul 03, 2026 McDonald, Michael Stephen Exercise Buy 8,482 $5.58 -2.7%  · 25d $47K
Jul 03, 2026 Brown, Andrew Bruce Open Market Buy 4,700 $5.88 -7.7%  · 25d $28K
Jul 03, 2026 McDonald, Michael Stephen Open Market Buy 4,700 $5.88 -7.7%  · 25d $28K
Jul 03, 2026 King, Victor John Exercise Sell 25,446 $5.58 $142K
Jul 03, 2026 King, Victor John Exercise Buy 25,446 $5.58 -2.7%  · 25d $142K
Jul 03, 2026 King, Victor John Open Market Buy 14,089 $5.88 -7.7%  · 25d $83K
Jul 02, 2026 Rajala, John Alex Open Market Buy 152 $5.73 -5.2%  · 26d $871
Jul 02, 2026 Montano, Peter Dominic Open Market Buy 61 $5.73 -5.2%  · 26d $350
Jun 30, 2026 Krohnert, Ninette Corp. Event Buy 266
Jun 30, 2026 Cinnamond, Michael Andrew Corp. Event Buy 751
Jun 30, 2026 Chatwin, Randall Corp. Event Buy 569
Jun 30, 2026 Bartz, Eduard Corp. Event Buy 95
Jun 30, 2026 Lytle, William Corp. Event Buy 752
Score uses open-market buys only  ·  15 open-market  ·  20 plan / compensation shown but not scored  ·  Return is unrealized, to today's price; a “· Nd” mark means the 90-day window is still open (N of 90 days) — too early to judge.
Score Breakdown
Signal Analyst  ·  $29/mo
Component Points Max Detail Weight
Conviction (unique buyers)  ✓ FREE PREVIEW 8 30 15 unique buyers
Buy/sell ratio 20 55% buys (18B / 15S)
Dollar value 25 $1.0M (sweet spot)
Lobbying activity 15 1 regs
Contract wins 10 None
Insider track record 10 No track record data
Private placements 8 None
Confluence bonus 10 Partial confluence (2+ signal sources)
Cluster timing (velocity) 10 No coordinated buying cluster detected
Buy/sell reversal pattern 8 No buy/sell reversal pattern
Total 59 100
Unlock Component Detail — CAD $29/mo
Buying Insiders
Open-market · 90 days · 15 unique buyers
Insider Credibility Hit Rate Avg 90d Return Trades (eval'd) Buy Value (90d) Last Buy
Montano, Peter Dominic $414K Jul 03, 2026
Chatwin, Randall $83K Jul 03, 2026
Cinnamond, Michael Andrew $83K Jul 03, 2026
Lytle, William $83K Jul 03, 2026
King, Victor John $83K Jul 03, 2026
Stansbury, Dennis $61K Jul 03, 2026
Reeder, Neil $50K Jul 03, 2026
Bartz, Eduard $50K Jul 03, 2026
McDonald, Michael Stephen $28K Jul 03, 2026
Krohnert, Ninette $28K Jul 03, 2026
Brown, Andrew Bruce $28K Jul 03, 2026
Rajala, John Alex $25K Jul 03, 2026
Moore, Daniel Bruce $20K Jul 03, 2026
Oke, Mary-Lynn Ida $224 Jun 24, 2026
Weisman, Robin Leslie $46 Jun 24, 2026
Credibility score: historical hit rate × avg 90d return × sample size. View full insider leaderboard →
Lobbying Registrations
OCL active  ·  1 registrations
Effective Registrant Subject Matter Institutions Status
May 19, 2026 B2Gold Corp.  ✓ FREE PREVIEW To seek grants, contributions or other financial benefits with respect to renewable energy investmen… Canada Border Services Agency (CBSA); Canada Infrastructure Bank; Cana… Active
Unlock 1 Registration — CAD $29/mo
Government Contract Wins
90-day window  ·  none found
No government contract wins in the last 90 days. Analyst plan →
Private Placements
12 months  ·  Signal Analyst  ·  $29/mo
Private placement history, deal size, and lock-up expiry tracking. Analyst plan →
Indigenous Consultation
1 project  ·  1 IBA signed
Project Status Province Nations Involved IBA Phase
Goose Mine (Back River) IBA Signed NU Kitikmeot Inuit Association ✓ 2018 Operating (commercial production Oct 2025) — Inuit IIBA active
The Inuit Impact and Benefit Agreement with the Kitikmeot Inuit Association was signed in April 2018 (under Sabina Gold & Silver; B2Gold acquired Sabina in 2023) — a renewable 20-year agreement with a 1% NSR royalty, shares and cash, plus Inuit employment/training/business commitments. Goose poured first gold June 2025 and reached commercial production Oct 2025 (~200 Inuit employed).
Sources: IAAC registry, company press releases, CanLII court decisions. Last reviewed: June 25, 2026. Data curated manually — submit corrections to signals@form55.ca.
SEDAR+ Filings
official filing registry
Form55 monitors SEDAR+ filing alerts and newswire announcements for Technical Reports and material changes. Search SEDAR+ →
Short Interest
CIRO  ·  Jul 15, 2026
Shares short
29,643,900
Net change
+1,187,720 (+4.2%)
History
Jul 15: 29,643,900
Jun 30: 28,456,180
Jun 15: 28,777,206
May 31: 24,457,898
May 15: 23,181,807
Apr 30: 32,467,723
Aggregate short position from CIRO's Consolidated Short Position Report (published twice monthly).
Wikipedia Attention
Pageviews  ·  30 days
Views (30d)
1,100
Daily English-Wikipedia pageviews (Wikimedia). Traffic spikes often coincide with news — a public-attention indicator, not investment advice.
Boardroom Connections
8 insiders also active elsewhere
Insider Other boards Also an insider at
Cinnamond, Michael Andrew 2 ONYX (35), BMET
Lytle, William 2 TAU (59), BMET
Maree, Dirk Cornelius Swarts 1 AAUC (87)
Dushnisky, Kelvin Paul Michael 1 LAC (45)
McDonald, Michael Stephen 1 VMET (37)
Stansbury, Dennis 1 BMET
Oke, Mary-Lynn Ida 1 NEXG (41)
Bullock, Kevin 1 NEXG (41)
People who file as insiders here and at other TSX/TSXV companies (number in brackets = that company's Confluence Score). A well-connected insider taking a seat at a new junior can be an early tell. Matched by name across SEDI filings; funds and 10%+ holders excluded.
Form55 provides data and analysis for informational purposes only. Nothing on this site constitutes investment advice or a recommendation to buy or sell any security. Past performance is not indicative of future results.