In today’s recent session, 2,138,914 shares of the B2Gold Corp. (NYSE:BTG) have been traded, and its beta is 0. Most recently the company’s share price was $4.57, and it changed around $0.01 or 0% from the last close, which brings the market valuation of the company to $4.8 Billion. BTG at last check was trading at a discount to its 52-week high of $7.55, offering almost -65.21% off that amount. The share price’s 52-week low was $3.57, which indicates that the recent value has risen by an impressive 21.88% since then. We note from B2Gold Corp.’s average daily trading volume that its 10-day average is 7.19 Million shares, with the 3-month average coming to 8.02 Million.
B2Gold Corp. stock received a consensus recommendation rating of Buy, based on a mean score of 1.5. If we narrow it down even further, the data shows that none out of 16 analysts rate the stock as a Sell; another 2 rate it as Overweight. Among the rest, 2 recommended BTG as a Hold, whereas 12 deemed it a Buy, and no one rated it as Underweight. B2Gold Corp. is expected to report earnings per share of $0.01 for the current quarter.
B2Gold Corp. (NYSE:BTG): Trading Information Today
Instantly BTG has been showing a green trend so far today with a performance of 0.11% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of $4.63- on Tuesday, Apr 06 increased the stock’s daily price by 1.3%. The company’s shares are currently down -0.18% year-to-date, but still up 0.0829 over the last five days. On the other hand, B2Gold Corp. (NYSE:BTG) is 0.01% up in the 30-day period. We can see from the shorts that 10.03 Million shares have been sold at a short interest cover period of 1.25 day (s).
The consensus price target as assigned by Wall Street analysts is $7.82, which translates to bears needing to increase their stock price by 71.12% from its current value. Analyst projections state that BTG is forecast to be at a low of $5.63 and a high of $9.95. In order for the stock price to hit the forecast high, the stock would need to surge +117.72% from its current level, while the stock would need to crash 23.19% from its current level to reach the projected low.
B2Gold Corp. (BTG) projections and forecasts
Consensus estimates provided by 4 financial analysts predict the company will bring in an average of $207.75 Million in revenue for the current quarter. 3 analysts expect B2Gold Corp. to make $275.42 Million in revenue for the quarter ending in May 2021. The company’s sales for the same quarters a year ago were $181.19 Million and $146.26 Million respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 14.7%. Forecasts for the next quarter put sales growth at 88.3%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 2.9%. B2Gold Corp. earnings are expected to decrease by -45.5% in 2021, but the outlook is positive 15.8% per year for the next five years.
BTG Dividend Yield
The annual dividend yield of the stock is 3.58 percent and its annual dividend per share was $0.16. It is important to note, however, that the 3.58% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision.
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B2Gold Corp. (NYSE:BTG)’s Biggest Investors
Upon looking at major shareholders, it appears that insiders hold 1.18% of B2Gold Corp. shares, and 70.22% of them are in the hands of institutional investors. The stock currently has a share float of 71.06%. B2Gold Corp. stock is held by 491 institutions, with Van Eck Associates Corporation being the largest institutional investor. By Dec 30, 2020, it held 12.3% of the shares, which is about 129.36 Million shares worth $724.43 Million.
FMR, LLC, with 9.63% or 101.27 Million shares worth $567.09 Million as of Dec 30, 2020, holds the second largest percentage of outstanding shares.
VanEck Vectors ETF Tr-Gold Miners ETF and Fidelity Contrafund Inc were the top two Mutual Funds as of Jan 30, 2021. The former held 60099292 shares worth $297.49 Million, making up 5.71% of all outstanding shares. On the other hand, Fidelity Contrafund Inc held roughly 46.23 Million shares worth around $202.02 Million, which represents about 4.4% of the total shares outstanding.