In yesterday’s Wall Street session, B2Gold Corp. (AMEX:BTG) shares traded at $4.05, down -2.88% from the previous session.
As of this writing, 15 analysts cover B2Gold Corp. (AMEX:BTG). The consensus rating among analysts is ‘Buy’. BTG stock price is now 3.09% away from the 50-day moving average and 13.73% away from the 200-day moving average. The market capitalization of the company currently stands at $5.23B.
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There are 2 analysts who have given it a hold rating, whereas 11 have given it a buy rating.
On December 10, 2021, JP Morgan Downgraded its previous ‘Neutral’ rating to ‘Underweight’ on the stock keeping its target price maintained at $5, while ‘RBC Capital Mkts’ rates the stock as ‘Sector Perform’.
A total of 0.90% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in BTG stock. A new stake in B2Gold Corp. shares was purchased by GMT CAPITAL CORP during the first quarter worth $29,795,000. JENNISON ASSOCIATES LLC invested $27,887,000 in shares of BTG during the first quarter. In the first quarter, BALYASNY ASSET MANAGEMENT L.P. acquired a new stake in B2Gold Corp. valued at approximately $9,895,000. NORDEA INVESTMENT MANAGEMENT AB acquired a new stake in BTG for approximately $1,582,000. JUMP FINANCIAL, LLC purchased a new stake in BTG valued at around $1,532,000 in the second quarter. In total, there are 398 active investors with 57.97% ownership of the company’s stock.
Tuesday morning saw B2Gold Corp. (AMEX: BTG) opened at $4.1300. During the past 12 months, B2Gold Corp. has had a low of $2.81 and a high of $4.40. The fifty day moving average price for BTG is $3.9398 and a two-hundred day moving average price translates $3.5638 for the stock.
The latest earnings results from B2Gold Corp. (AMEX: BTG) was released for Mar, 2023. According to the Gold Company, earnings per share came in at $0.1, beating analysts’ expectations of $0.07 by 0.03. This compares to $0.09 EPS in the same period last year. The company reported revenue of $473.56 million for the quarter, compared to $365.58 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 29.53 percent. For the current quarter, analysts expect BTG to generate $465.31M in revenue.
Moreover, the firm recently paid out its quarterly dividend on 03/17/2023. Investors who held shares on 03/08/2023 were paid a $0.04 dividend.
B2Gold Corp.(BTG) Company Profile
B2Gold Corp. operates as a gold producer with three operating mines in Mali, the Philippines, and Namibia. It operates the Fekola Mine in Mali, the Masbate Mine in the Philippines, and the Otjikoto Mine in Namibia. The company also has an 25% interest in the Calibre Mining Corp.; and approximately 19% interest in BeMetals Corp. In addition, it has a portfolio of other evaluation and exploration assets in Mali, Uzbekistan, and Finland. The company was incorporated in 2006 and is headquartered in Vancouver, Canada.
