10 Firms Buck Thursday’s Market Bloodbath

6. B2Gold Corp. (NYSEAMERICAN:BTG)

B2Gold rallied for a third straight day on Thursday, ending 5.52 percent higher at $3.06 apiece as investor funds flocked to gold mining companies amid higher gold prices.

On Thursday, the spot prices of gold finished 0.35 percent higher at $3,187.30 per ounce after jumping to an all-time high of $3,188.45 at the intra-day session.

In recent news, BTG said it was nearing the completion of its Goose Mine in Nunavut, Canada.

Slated for completion in June 2025, BTG said it expects to ramp up commercial production as soon as the third quarter of the year.

The Goose Mine is expected to produce 120,000 and 150,000 ounces of gold between this year and 2026. From next year through 2031, annual production is targeted to expand to 310,000 ounces.