B2GOLD CORP

Ticker: BTG CUSIP: 11777Q209 Class: COM

NORGES BANK's Holding History (CIK: 0001374170)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 16,730,740 Value ($000) $75,333 Avg Close $4.66 Range $3.71 - $5.94

Q2 2025

Shares 16,738,764 Value ($000) $60,516 Avg Close $3.27 Range $2.52 - $3.83

Q4 2024

Shares 16,434,376 Value ($000) $40,192 Avg Close $2.87 Range $2.37 - $3.41

Q3 2024

Shares 16,271,066 Value ($000) $50,283 Avg Close $2.80 Range $2.25 - $3.33

Q2 2024

Shares 16,271,066 Value ($000) $43,655 Avg Close $2.56 Range $2.33 - $2.90

Q1 2024

Shares 15,850,777 Value ($000) $41,560 Avg Close $2.52 Range $2.18 - $3.00

Q4 2023

Shares 15,850,777 Value ($000) $50,125 Avg Close $2.91 Range $2.55 - $3.20

Q3 2023

Shares 13,835,850 Value ($000) $39,725 Avg Close $2.96 Range $2.60 - $3.48

Q2 2023

Shares 13,690,149 Value ($000) $48,769 Avg Close $3.52 Range $3.10 - $3.95

Q1 2023

Shares 6,291,156 Value ($000) $24,856 Avg Close $3.31 Range $2.82 - $3.72

Q4 2022

Shares 11,700,652 Value ($000) $41,567 Avg Close $2.93 Range $2.50 - $3.29

Q3 2022

Shares 11,028,366 Value ($000) $35,402 Avg Close $2.86 Range $2.47 - $3.14

Q2 2022

Shares 10,581,924 Value ($000) $35,841 Avg Close $3.59 Range $2.93 - $4.35

Q1 2022

Shares 10,936,787 Value ($000) $50,201 Avg Close $3.42 Range $2.88 - $4.08

Q4 2021

Shares 11,588,771 Value ($000) $45,659 Avg Close $3.38 Range $2.83 - $3.96

Q3 2021

Shares 12,572,290 Value ($000) $42,928 Avg Close $3.22 Range $2.77 - $3.59

Q2 2021

Shares 11,823,024 Value ($000) $49,588 Avg Close $4.03 Range $3.41 - $4.42

Q1 2021

Shares 11,985,883 Value ($000) $51,594 Avg Close $3.99 Range $3.43 - $4.93

Q4 2020

Shares 12,098,368 Value ($000) $67,762 Avg Close $4.96 Range $4.17 - $5.79

Q3 2020

Shares 12,582,103 Value ($000) $109,087 Avg Close $5.24 Range $4.38 - $6.09

Q2 2020

Shares 13,413,712 Value ($000) $103,554 Avg Close $4.03 Range $2.43 - $4.63

Q1 2020

Shares 11,750,502 Value ($000) $50,057 Avg Close $3.18 Range $1.73 - $3.95

Q4 2019

Shares 11,181,652 Value ($000) $58,256 Avg Close $2.82 Range $2.48 - $3.26

Q3 2019

Shares 9,185,532 Value ($000) $29,901 Avg Close $2.69 Range $2.30 - $3.21

Q2 2019

Shares 8,526,772 Value ($000) $25,970 Avg Close $2.18 Range $1.92 - $2.52

Q1 2019

Shares 8,163,530 Value ($000) $22,854 Avg Close $2.38 Range $2.10 - $2.68

Q4 2018

Shares 7,821,225 Value ($000) $22,849 Avg Close $2.08 Range $1.81 - $2.35

Q3 2018

Shares 6,657,385 Value ($000) $15,143 Avg Close $1.89 Range $1.68 - $2.08

Q2 2018

Shares 6,657,385 Value ($000) $17,259 Avg Close $2.18 Range $2.01 - $2.41

Q1 2018

Shares 9,616,785 Value ($000) $26,331 Avg Close $2.35 Range $2.12 - $2.64

Q4 2017

Shares 9,668,985 Value ($000) $29,942 Avg Close $2.15 Range $1.94 - $2.50

Q3 2017

Shares 9,668,985 Value ($000) $26,595 Avg Close $2.11 Range $1.85 - $2.31

Q2 2017

Shares 8,825,701 Value ($000) $24,805 Avg Close $2.11 Range $1.72 - $2.36

Q1 2017

Shares 6,963,401 Value ($000) $19,789 Avg Close $2.40 Range $1.90 - $2.84

Q4 2016

Shares 7,029,002 Value ($000) $16,721 Avg Close $1.98 Range $1.61 - $2.43

Q3 2016

Shares 6,879,002 Value ($000) $17,198 Avg Close $2.37 Range $1.97 - $2.92

Q2 2016

Shares 6,691,984 Value ($000) $16,695 Avg Close $1.61 Range $1.25 - $2.01

Q1 2016

Shares 2,687,877 Value ($000) $4,488 Avg Close $0.87 Range $0.48 - $1.41

Q4 2015

Shares 2,687,877 Value ($000) $2,709 Avg Close $0.91 Range $0.79 - $1.17

Q3 2015

Shares 2,687,877 Value ($000) $2,826 Avg Close $0.97 Range $0.78 - $1.25

Q2 2015

Shares 3,251,595 Value ($000) $4,975 Avg Close $1.29 Range $1.18 - $1.43

Q1 2015

Shares 5,177,331 Value ($000) $7,726 Avg Close $1.40 Range $1.11 - $1.90

Q4 2014

Shares 5,499,328 Value ($000) $9,021 Avg Close $1.45 Range $1.15 - $1.86

Q3 2014

Shares 4,962,669 Value ($000) $10,125 Avg Close $2.01 Range $1.58 - $2.37

Q2 2014

Shares 4,962,669 Value ($000) $14,490 Avg Close $2.17 Range $1.74 - $2.42

Q1 2014

Shares 4,962,669 Value ($000) $13,488 Avg Close $2.09 Range $1.61 - $2.66

Q4 2013

Shares 4,962,669 Value ($000) $10,183 Avg Close $1.78 Range $1.48 - $2.20

Q3 2013

Shares 4,962,669 Value ($000) $12,408 Avg Close $2.16 Range $1.65 - $2.86

Q2 2013

Shares 4,051,154 Value ($000) $8,602 Avg Close $1.91 Range $1.42 - $2.46

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	16,730,740	$75,333	$4.66	$3.71 - $5.94
Q2 2025	16,738,764	$60,516	$3.27	$2.52 - $3.83
Q4 2024	16,434,376	$40,192	$2.87	$2.37 - $3.41
Q3 2024	16,271,066	$50,283	$2.80	$2.25 - $3.33
Q2 2024	16,271,066	$43,655	$2.56	$2.33 - $2.90
Q1 2024	15,850,777	$41,560	$2.52	$2.18 - $3.00
Q4 2023	15,850,777	$50,125	$2.91	$2.55 - $3.20
Q3 2023	13,835,850	$39,725	$2.96	$2.60 - $3.48
Q2 2023	13,690,149	$48,769	$3.52	$3.10 - $3.95
Q1 2023	6,291,156	$24,856	$3.31	$2.82 - $3.72
Q4 2022	11,700,652	$41,567	$2.93	$2.50 - $3.29
Q3 2022	11,028,366	$35,402	$2.86	$2.47 - $3.14
Q2 2022	10,581,924	$35,841	$3.59	$2.93 - $4.35
Q1 2022	10,936,787	$50,201	$3.42	$2.88 - $4.08
Q4 2021	11,588,771	$45,659	$3.38	$2.83 - $3.96
Q3 2021	12,572,290	$42,928	$3.22	$2.77 - $3.59
Q2 2021	11,823,024	$49,588	$4.03	$3.41 - $4.42
Q1 2021	11,985,883	$51,594	$3.99	$3.43 - $4.93
Q4 2020	12,098,368	$67,762	$4.96	$4.17 - $5.79
Q3 2020	12,582,103	$109,087	$5.24	$4.38 - $6.09
Q2 2020	13,413,712	$103,554	$4.03	$2.43 - $4.63
Q1 2020	11,750,502	$50,057	$3.18	$1.73 - $3.95
Q4 2019	11,181,652	$58,256	$2.82	$2.48 - $3.26
Q3 2019	9,185,532	$29,901	$2.69	$2.30 - $3.21
Q2 2019	8,526,772	$25,970	$2.18	$1.92 - $2.52
Q1 2019	8,163,530	$22,854	$2.38	$2.10 - $2.68
Q4 2018	7,821,225	$22,849	$2.08	$1.81 - $2.35
Q3 2018	6,657,385	$15,143	$1.89	$1.68 - $2.08
Q2 2018	6,657,385	$17,259	$2.18	$2.01 - $2.41
Q1 2018	9,616,785	$26,331	$2.35	$2.12 - $2.64
Q4 2017	9,668,985	$29,942	$2.15	$1.94 - $2.50
Q3 2017	9,668,985	$26,595	$2.11	$1.85 - $2.31
Q2 2017	8,825,701	$24,805	$2.11	$1.72 - $2.36
Q1 2017	6,963,401	$19,789	$2.40	$1.90 - $2.84
Q4 2016	7,029,002	$16,721	$1.98	$1.61 - $2.43
Q3 2016	6,879,002	$17,198	$2.37	$1.97 - $2.92
Q2 2016	6,691,984	$16,695	$1.61	$1.25 - $2.01
Q1 2016	2,687,877	$4,488	$0.87	$0.48 - $1.41
Q4 2015	2,687,877	$2,709	$0.91	$0.79 - $1.17
Q3 2015	2,687,877	$2,826	$0.97	$0.78 - $1.25
Q2 2015	3,251,595	$4,975	$1.29	$1.18 - $1.43
Q1 2015	5,177,331	$7,726	$1.40	$1.11 - $1.90
Q4 2014	5,499,328	$9,021	$1.45	$1.15 - $1.86
Q3 2014	4,962,669	$10,125	$2.01	$1.58 - $2.37
Q2 2014	4,962,669	$14,490	$2.17	$1.74 - $2.42
Q1 2014	4,962,669	$13,488	$2.09	$1.61 - $2.66
Q4 2013	4,962,669	$10,183	$1.78	$1.48 - $2.20
Q3 2013	4,962,669	$12,408	$2.16	$1.65 - $2.86
Q2 2013	4,051,154	$8,602	$1.91	$1.42 - $2.46