B2gold Corp (AMEX:BTG) Up Almost 4.53% In 1 Month, Long Term Looking Good As Well

In last trading session, B2gold Corp (AMEX:BTG) saw 17.92 million shares changing hands with its beta currently measuring 1.17. Company’s recent per share price level of $3.46 trading at $0.13 or 3.90% at ring of the bell on the day assigns it a market valuation of $4.54B. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 12.09 million shares which gives us an average trading volume of 14.46 million if we extend that period to 3-months.

For B2gold Corp (BTG), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.71. Splitting up the data highlights that, out of 6 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 5 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0.06 in the current quarter.

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B2gold Corp (AMEX:BTG) trade information

Upright in the green during last session for gaining 3.90%, in the last five days BTG remained trading in the green while hitting it’s week-highest on Friday, 10/18/24 when the stock touched $3.46 price level, adding 0.57% to its value on the day. B2gold Corp’s shares saw a change of 9.49% in year-to-date performance and have moved 7.79% in past 5-day. B2gold Corp (AMEX:BTG) showed a performance of 4.53% in past 30-days. Number of shares sold short was 12.8 million shares which calculate 1.01 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 4.3 to the stock, which implies a rise of 19.53% to its current value. Analysts have been projecting 3.6 as a low price target for the stock while placing it at a high target of 5. It follows that stock’s current price would drop -4.05% in reaching the projected high whereas dropping to the targeted low would mean a loss of -4.05% for stock’s current value.

B2gold Corp (BTG) estimates and forecasts

Statistics highlight that B2gold Corp is scoring comparatively lower than the scores of other players of the relevant industry. The company added 33.08% of value to its shares in past 6 months, showing an annual growth rate of -10.71% while that of industry is 22.20. Apart from that, the company came lowering its revenue forecast for fiscal year 2024.

2 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 462.18M for the same. And 1 analysts are in estimates of company making revenue of 659.5M in the next quarter. Company posted 477.89M and 511.97M of sales in current and next quarters respectively a year earlier.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -22.48% during past 5 years. In 2024, company’s earnings growth rate is likely to be around -7.69% while estimates for its earnings growth in next 5 years are of 7.17%.

B2gold Corp (AMEX:BTG)’s Major holders

Insiders are in possession of 0.66% of company’s total shares while institution are holding 62.62 percent of that, with stock having share float percentage of 63.03%. Investors also watch the number of corporate investors in a company very closely, which is 62.62% institutions for B2gold Corp that are currently holding shares of the company. VAN ECK ASSOCIATES CORP is the top institutional holder at BTG for having 118.11 million shares of worth $318.88 million. And as of 2024-06-30, it was holding 9.0633 of the company’s outstanding shares.

The second largest institutional holder is FMR LLC, which was holding about 59.05 million shares on 2024-06-30. The number of shares represents firm’s hold over 4.5312 of outstanding shares, having a total worth of $158.41 million.

On the other hand, VanEck ETF Trust-VanEck Junior Gold Miners ETF and VanEck ETF Trust-VanEck Gold Miners ETF are the top two Mutual Funds which own company’s shares. As of Sep 30, 2024 , the former fund manager was holding 90.75 shares of worth $314.01 million or 6.91% of the total outstanding shares. The later fund manager was in possession of 59.99 shares on Sep 30, 2024 , making its stake of worth around $207.58 million in the company or a holder of 4.57% of company’s stock.