During The Past Six Months, B2gold Corp (AMEX: BTG) Shares Took An -18.32% Jump. Here Is What We Should Expect

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During the recent session, B2gold Corp (AMEX:BTG)’s traded shares were 2.87 million, with the beta value of the company hitting 1.11. At the last check today, the stock’s price was $2.63, reflecting an intraday gain of 1.94% or $0.05. The 52-week high for the BTG share is $4.29, that puts it down -63.12 from that peak though still a striking 11.03% gain since the share price plummeted to a 52-week low of $2.34. The company’s market capitalization is $3.43B, and the average trade volume was 12.61 million shares over the past three months.

B2gold Corp (AMEX:BTG) trade information

B2gold Corp (BTG) registered a 1.94% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 1.94% in intraday trading to $2.63, hitting a weekly high. The stock’s 5-day price performance is 1.16%, and it has moved by 3.55% in 30 days. Based on these gigs, the overall price performance for the year is -33.92%.

B2gold Corp (BTG) estimates and forecasts

Statistics show that B2gold Corp has underperformed its competitors in share price, compared to the industry in which it operates. B2gold Corp (BTG) shares have gone down -18.32% during the last six months, with a year-to-date growth rate less than the industry average at -10.71% against 12.60. In the rating firms’ projections, revenue will decrease -6.50% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 432.27M as predicted by 2 analyst(s). Meanwhile, a consensus of 1 analyst(s) estimates revenue growth to 492.4M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 458M and 470.85M respectively. In this case, analysts expect current quarter sales to shrink by -5.60% and then jump by 4.60% in the coming quarter.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -22.48%. While earnings are projected to return -12.46% in 2024, the next five years will return 20.00% per annum.

BTG Dividends

B2gold Corp is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for B2gold Corp is 0.16, with the dividend yield indicating at 6.08 percent, continuing the trend of increasing dividends in recent years.