B2Gold Corp. (NYSE:BTG) has a beta value of 0 and has seen 3,291,161 shares traded in the recent trading session. The company, currently valued at $5.35 Billion, closed the recent trade at $5.05 per share which meant it gained $0.25 on the day or 5.21% during that session. The BTG stock price is -49.51% off its 52-week high price of $7.55 and 17.62% above the 52-week low of $4.16. If we look at the company’s 10-day average daily trading volume, we find that it stood at 4.75 Million shares traded. The 3-month trading volume is 7.12 Million shares.
The consensus among analysts is that B2Gold Corp. (BTG) is a Buy stock at the moment, with a recommendation rating of 1.5. None of the analysts rate the stock as a Sell, while 2 rate it as Overweight. 2 out of 16 have rated it as a Hold, with 12 advising it as a Buy. None have rated the stock as Underweight. The expected earnings per share for the stock is $0.01.
B2Gold Corp. (NYSE:BTG) trade information
Sporting 5.21% in the green today, the stock has traded in the green over the last five days, with the highest price hit on Tuesday, Apr 27 when the BTG stock price touched $5.10-1 or saw a rise of 1.37%. Year-to-date, B2Gold Corp. shares have moved -10.18%, while the 5-day performance has seen it change -0.79%. Over the past 30 days, the shares of B2Gold Corp. (NYSE:BTG) have changed 11.78%. Short interest in the company has seen 13.96 Million shares shorted with days to cover at 1.96.
Wall Street analysts have a consensus price target for the stock at $7.42, which means that the shares’ value could jump 46.93% from the levels at last check today. The projected low price target is $5.63 while the price target rests at a high of $9.2. In that case, then, we find that the latest price level in today’s session is +82.18% off the targeted high while a plunge would see the stock lose 11.49% from the levels at last check today.
B2Gold Corp. (BTG) estimates and forecasts
4 analysts offering their estimates for the company have set an average revenue estimate of $207.75 Million for the current quarter. 3 have an estimated revenue figure of $275.42 Million for the next quarter concluding in March 01, 2018. Year-ago sales stood $181.19 Million and $146.26 Million respectively for this quarter and the next, and analysts expect sales will grow by 14.7% for the current quarter and 88.3% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was +2.9% over the past 5 years. Earnings growth for 2021 is a modest -45.5% while over the next 5 years, the company’s earnings are expected to increase by 15.8%.
B2Gold Corp. is expected to release its next earnings report between May 04 and May 04 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 0.16 at a share yield of 3.33%.
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B2Gold Corp. (NYSE:BTG)’s Major holders
Insiders own 1.18% of the company shares, while shares held by institutions stand at 70.28% with a share float percentage of 71.12%. Investors are also buoyed by the number of investors in a company, with B2Gold Corp. having a total of 493 institutions that hold shares in the company. The top two institutional holders are Van Eck Associates Corporation with over 129.36 Million shares worth more than $724.43 Million. As of December 30, 2020, Van Eck Associates Corporation held 12.3% of shares outstanding.
The other major institutional holder is FMR, LLC, with the holding of over 101.27 Million shares as of December 30, 2020. The firm’s total holdings are worth over $567.09 Million and represent 9.63% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are VanEck Vectors ETF Tr-Gold Miners ETF and Fidelity Contrafund Inc. As of March 30, 2021, the former fund manager holds about 4.9% shares in the company for having 51541221 shares of worth $222.14 Million while later fund manager owns 46.23 Million shares of worth $202.02 Million as of February 27, 2021, which makes it owner of about 4.4% of company’s outstanding stock.