If You’re A Risk-Taking Investor, B2gold Corp (AMEX: BTG) Is Worth Taking A Chance On.

In recent trading session today, 3.05 million shares of the B2gold Corp (AMEX:BTG) have been traded, and its beta is 1.16. Most recently the company’s share price was $3.03, and it changed around -$0.07 or -2.26% from the last close, which brings the market valuation of the company to $3.97B. BTG at last check was trading at a discount to its 52-week high of $3.46, offering almost -14.19% off that amount. The share price’s 52-week low was $2.34, which indicates that the recent value has risen by an impressive 22.77% since then. We note from B2gold Corp’s average daily trading volume that its 10-day average is 13.9 million shares, with the 3-month average coming to 14.33 million.

B2gold Corp stock received a consensus recommendation rating of Buy, based on a mean score of 1.64. If we narrow it down even further, the data shows that 0 out of 2 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 0 recommended BTG as a Hold, whereas 1 deemed it a Buy, and 0 rated it as Underweight.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

B2gold Corp (AMEX:BTG) trade information

Instantly BTG has been showing red trend so far today with a performance of -2.26% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 3.21 on recent trading dayincreased the stock’s daily price by 5.61%. The company’s shares are currently down -4.11% year-to-date, but still down -3.50% over the last five days. On the other hand, B2gold Corp (AMEX:BTG) is 12.22% up in the 30-day period. We can see from the shorts that 12.8 million shares have been sold at a short interest cover period of 1.0 day(s).

The consensus price target as assigned by Wall Street analysts is $4.3, which translates to bulls needing to increase their stock price by 29.53% from its current value. Analyst projections state that BTG is forecast to be at a low of $3.6 and a high of $5.

B2gold Corp (BTG) estimates and forecasts

B2gold Corp share prices are performing particularly well not compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 3.77 percent over the past six months and at a -10.71% annual growth rate that is well below the industry average of 20.90%.

Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -22.48%. B2gold Corp earnings are expected to increase by -8.89% in 2024, but the outlook is positive 7.17% per year for the next five years.

BTG Dividends

B2gold Corp’s next quarterly earnings report is expected to be released on 2024-Nov-06. The annual dividend yield of the stock is 5.28 percent and its annual dividend per share was 0.16. It is important to note, however, that the 5.28% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision.

B2gold Corp (AMEX:BTG)’s Major holders

Upon looking at major shareholders, it appears that insiders hold 0.66% of B2gold Corp shares, and 58.98% of them are in the hands of institutional investors. The stock currently has a share float of 59.38%. B2gold Corp stock is held by 424.0 institutions, with VAN ECK ASSOCIATES CORP being the largest institutional investor. By 2024-06-30, it held 9.0633% of the shares, which is about 118.11 million shares worth $318.88 million.

FMR LLC, with 4.5312% or 59.05 million shares worth $158.41 million as of 2024-06-30, holds the second largest percentage of outstanding shares.

VanEck ETF Trust-VanEck Junior Gold Miners ETF and VanEck ETF Trust-VanEck Gold Miners ETF were the top two Mutual Funds as of Sep 30, 2024. The former held 90.75 shares worth $274.53 million, making up 6.92% of all outstanding shares. On the other hand, VanEck ETF Trust-VanEck Gold Miners ETF held roughly 59.99 shares worth around $181.48 million, which represents about 4.58% of the total shares outstanding.