In the latest trading session, 1.49 million B2Gold Corp. (AMEX:BTG) shares changed hands as the company’s beta touched 0.97. With the company’s most recent per share price at $3.21 changing hands around $0.02 or 0.63% at last look, the market valuation stands at $4.17B. BTG’s current price is a discount, trading about -37.07% off its 52-week high of $4.40. The share price had its 52-week low at $2.81, which suggests the last value was 12.46% up since then. When we look at B2Gold Corp.’s average trading volume, we note the 10-day average is 9.04 million shares, with the 3-month average coming to 7.09 million.
Analysts gave the B2Gold Corp. (BTG) stock a consensus recommendation rating of a Buy, calculated at a mean rating of 1.70. If we narrow down to specifics, the data shows that 0 out of 15 analysts rate the stock as a Sell, with a further 2 assigning it an Overweight rating. Of the remaining, 1 recommended BTG as a Hold, 12 felt it is a Buy and 0 rated the stock as Underweight. B2Gold Corp.’s EPS for the current quarter is expected to be $0.07.
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B2Gold Corp. (AMEX:BTG) trade information
Instantly BTG is in green as seen in intraday trades today. With action 4.22%, the performance over the past five days has been green. The jump to weekly highs of 3.26 on Monday, 09/18/23 added 0.63% to the stock’s daily price. The company’s shares are showing year-to-date downside of -10.08%, with the 5-day performance at 4.22% in the green. However, in the 30-day time frame, B2Gold Corp. (AMEX:BTG) is 6.64% up. Looking at the short shares, we see there were 9.83 million shares sold at short interest cover period of 1.31 days.
The consensus price target for the stock as assigned by Wall Street analysts is $5.50, meaning bulls need an upside of 41.64% from its recent market value. According to analyst projections, BTG’s forecast low is $4.25 with $7.02 as the target high. To hit the forecast high, the stock’s price needs a -118.69% plunge from its current level, while the stock would need to soar -32.4% for it to hit the projected low.
B2Gold Corp. (BTG) estimates and forecasts
Data shows that the B2Gold Corp. share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -13.94% over the past 6 months, a 36.00% in annual growth rate that is considerably higher than the industry average of 19.10%. Moreover, analysts have looked to higher expectations by upgrading its fiscal year 2023 revenue estimates. The rating firms predict current quarter revenue for B2Gold Corp. will rise 133.30%, while the growth in revenue is estimated to hit -36.40% for the next quarter. Year-over-year growth is forecast to reach 10.90% up from the last financial year.
Consensus estimates given by 3 financial analysts project the company’s revenue in the current quarter to hit an average of $481.41 million. 2 analysts are of the opinion that B2Gold Corp.’s revenue for the quarter ending Dec 2023 will be $487.64 million. The company’s revenue for the corresponding quarters a year ago was $392.55 million and $592.47 million respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 22.60%. The estimates for the next quarter sales put growth at -17.70%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 11.89%. The 2023 estimates are for B2Gold Corp. earnings to increase by 24.00%, but the outlook for the next 5-year period is at 20.00% per year.
BTG Dividends
B2Gold Corp. is expected to release its next quarterly earnings report in October.
- Tags: AMEX:BTG, B2Gold Corp., BTG, BTG stock
