B2Gold (BTG) stock steadies in premarket after 11% slide as gold swings and a new 5.2% stake surfaces

February 13, 2026
B2Gold (BTG) stock steadies in premarket after 11% slide as gold swings and a new 5.2% stake surfaces

New York, Feb 13, 2026, 08:11 EST — Premarket

B2Gold Corp edged up 0.8% to $5.06 before the bell Friday, clawing back just a bit after sliding 10.8% to $5.02 at Thursday’s close. Roughly 52.8 million shares changed hands. (StockAnalysis)

The shift throws a spotlight on what B2Gold calls a pivotal week coming up: the miner will release its fourth-quarter and full-year 2025 numbers, along with guidance for 2026, after North American markets wrap up on Feb. 18. A conference call follows on Feb. 19. B2Gold, which is based in Vancouver, runs mining operations in Canada, Mali, Namibia, and the Philippines, the release stated. (Barchart)

Here’s why it’s back in focus: gold prices have been jittery, and traders are eyeing inflation figures for their next cue. “Dip-buying … appears to be driving the rebound in gold prices,” said Hamad Hussain, climate and commodities economist at Capital Economics. But Ross Norman, an independent analyst, pointed out that the recent swings have come “irrespective of what the market fundamentals are.” (Reuters)

Gold dropped 2.8% on Thursday, landing at $4,938.69 an ounce, while April futures ended down 2.9% at $4,948.40. Prices slipped past $5,000, tripping automatic stop orders along the way. “Those stops have been triggered below the $5,000 level,” said Fawad Razaqzada, market analyst at City Index and FOREX.com. (Reuters)

The losses hit more than just lesser-known players. Newmont sank roughly 5% last session. Agnico Eagle fared even worse, down 5.5%. The VanEck Gold Miners ETF took a sharper tumble—off about 7%—putting the depth of the selloff in gold stocks on full display.

Ownership is another angle for BTG. On Feb. 12, a Schedule 13G revealed that Pale Fire Capital, a Czech investment group, along with affiliated entities, owned 68.9 million B2Gold shares—roughly 5.2% of the company. The filing stated the stake wasn’t intended to alter or influence control. (SEC)

Schedule 13G, a form for passive investors holding more than 5%, hits the tape when those stakes cross the threshold. Traders keep an eye out for any move toward an active filing or hints that the investor’s approach is shifting.

Still, the next move for the stock may come down to broader forces. If inflation comes in higher, yields might climb and put gold under pressure. A quick slide in bullion prices usually hits miners fast—often ahead of any news tied to the companies themselves.

Traders are eyeing U.S. inflation numbers dropping Friday, with B2Gold’s earnings and 2026 forecast hitting after the bell on Feb. 18. The company’s conference call is set for Feb. 19. (Investingnews)