A secret that hides B2Gold Corp.’s strength (AMEX:BTG)

Stocks of B2Gold Corp. (AMEX:BTG) traded higher last session on Wall Street, up 0.28% to $3.64.

According to the data, B2Gold Corp. (AMEX:BTG) has 14 analysts covering its stock. The consensus rating among analysts is ‘Buy’. BTG stock price is now -3.51% away from the 50-day moving average and 0.06% away from the 200-day moving average. The market capitalization of the company currently stands at $4.71B.

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A total of 1 analysts have issued a hold rating and 11 have given it a buy rating.

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 $26,779,000. JENNISON ASSOCIATES LLC invested $25,064,000 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 $8,893,000. MARYLAND STATE RETIREMENT & PENSION SYSTEM acquired a new stake in BTG for approximately $3,795,000. JUMP FINANCIAL, LLC purchased a new stake in BTG valued at around $1,377,000 in the second quarter. In total, there are 398 active investors with 57.97% ownership of the company’s stock.

Monday’s opening bell rang with an opening price of $3.6300 for B2Gold Corp. (AMEX: BTG). During the past 12 months, B2Gold Corp. has had a low of $2.81 and a high of $4.40. According to the stock market information, the enterprise value for the company is $4.10B, which is based on a 15.83 price-to-earnings ratio, a 0.79 price-to-earnings-growth ratio, and a beta of 0.96. The fifty day moving average price for BTG is $3.7652 and a two-hundred day moving average price translates $3.6416 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 $468.46M in revenue.

Moreover, the firm recently paid out its quarterly dividend on 06/27/2023. Investors who held shares on 06/16/2023 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.

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