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Stifel Canadaは、第1四半期決算発表後もB2Goldの投資判断を「買い」に据え置き、目標株価を10.50カナダドルに維持した。

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-- スティフェル・カナダは木曜日、B2ゴールド（BTO.TO）が第1四半期決算を発表したことを受け、同社の株式に対する買い推奨と目標株価10.50カナダドルを維持した。 「B2Goldは、連結金生産量が238Koz（予算比+7%、当社予想210Koz比+13%）で、2026年第1四半期の調整後EPSが0.19ドル（当社予想0.12ドル、コンセンサス0.13ドル）だったと報告しました。2026年第1四半期の金現金コストは販売オンスあたり1,403ドル（現金操業コストは生産オンスあたり1,005ドル）、AISCは販売オンスあたり1,964ドルで、それぞれ当社の予想1,706ドル/オンス、2,447ドル/オンスを大きく下回りました。これは、生産量の増加、維持設備投資の減少（タイミング）、および有利なロイヤルティ貢献を反映しています。2026年度の金生産ガイダンス820～970Kozは再確認されました。これには、粉砕回路火災（2026年4月）のため、2026年第2四半期のグース鉱山の生産量が10Koz減の18～20Koz（予算29Koz）にリセットされたことが含まれます。」フェコラ地域鉱区からの6万～8万オンスの埋蔵量は、2026年6月までに採掘許可が下りる見込みで、現在も採掘許可の取得を待っている状況です。マリでの操業は、地政学的およびサプライチェーン上の課題にもかかわらず、燃料供給を含め、通常通りの水準で中断なく継続しています。ディーゼル燃料の貯蔵能力を20%増強するプロセスが進行中で、2026年の残りの燃料需要の36%は予算価格以下でヘッジされています」と、アナリストのラルフ・プロフィティ氏は述べています。 （は、北米、アジア、ヨーロッパの主要銀行および調査会社による株式、商品、経済に関する調査レポートを配信しています。調査レポート提供者の方は、こちらからお問い合わせください：https://www..com/contact-us）

Price: $7.00, Change: $+0.91, Percent Change: +14.86%

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