B2gold Corp (BTG) Is A Buy According To Analysts

B2gold Corp (AMEX:BTG) has a beta value of 1.14 and has seen 10.86 million shares traded in the last trading session. The company, currently valued at $3.83B, closed the last trade at $2.93 per share which meant it lost -$0.05 on the day or -1.68% during that session. The BTG stock price is -30.38% off its 52-week high price of $3.82 and 20.14% above the 52-week low of $2.34. If we look at the company’s 10-day average daily trading volume, we find that it stood at 11.51 million shares traded. The 3-month trading volume is 10.65 million shares.

The consensus among analysts is that B2gold Corp (BTG) is Buy stock at the moment, with a recommendation rating of 1.36. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 3 have rated it as a Hold, with 3 advising it as a Buy. 0 have rated the stock as Underweight.

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B2gold Corp (AMEX:BTG) trade information

Sporting -1.68% in the red in last session, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the BTG stock price touched $2.93 or saw a rise of 7.57%. Year-to-date, B2gold Corp shares have moved -7.28%, while the 5-day performance has seen it change -3.62%. Over the past 30 days, the shares of B2gold Corp (AMEX:BTG) have changed 14.01%. Short interest in the company has seen 13.64 million shares shorted with days to cover at 1.18.

B2gold Corp (BTG) estimates and forecasts

Figures show that B2gold Corp shares have underperformed across the wider relevant industry. The company’s shares have gained 1.03% over the past 6 months, with this year growth rate of 3.57%, compared to 18.20% for the industry.

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 -22.48% over the past 5 years. Earnings growth for 2024 is a modest 2.67% while over the next 5 years, the company’s earnings are expected to increase by 20.00%.

BTG Dividends

B2gold Corp is expected to release its next earnings report in August 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 5.46%. The company’s dividend yield has gone up over the past 12 months.

B2gold Corp (AMEX:BTG)’s Major holders

The top two institutional holders are VAN ECK ASSOCIATES CORP with over 140.33 million shares worth more than $366.29 million. As of 2024-03-31, VAN ECK ASSOCIATES CORP held 10.7684% of shares outstanding.

The other major institutional holder is FMR LLC, with the holding of over 92.03 million shares as of 2024-03-31. The firm’s total holdings are worth over $241.19 million and represent 7.0747% of shares outstanding.