In the latest trading session, 8.25 million B2gold Corp (AMEX:BTG) shares changed hands as the company’s beta touched 1.11. With the company’s most recent per share price at $2.85 changing hands around $0.02 or 0.53% at last look, the market valuation stands at $3.75B. BTG’s current price is a discount, trading about -22.81% off its 52-week high of $3.50. The share price had its 52-week low at $2.20, which suggests the last value was 22.81% up since then.
Analysts gave the B2gold Corp (BTG) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.00. If we narrow down to specifics, the data shows that 0 out of 6 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 1 recommended BTG as a Hold, 5 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.
B2gold Corp (AMEX:BTG) trade information
Instantly BTG is in green as seen in intraday trades today. With action 6.95%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 16.60%, with the 5-day performance at 6.95% in the green. However, in the 30-day time frame, B2gold Corp (AMEX:BTG) is 23.70% up.
The consensus price target for the stock as assigned by Wall Street analysts is 4.05, meaning bulls need an upside of 29.63% from its recent market value. According to analyst projections, BTG’s forecast low is 3.6 with 4.5 as the target high. To hit the forecast high, the stock’s price needs a -57.89% plunge from its current level, while the stock would need to soar -26.32% for it to hit the projected low.
B2gold Corp (BTG) estimates and forecasts
Year-over-year growth is forecast to reach 43.18% up from the last financial year.
Consensus estimates given by 1 financial analysts project the company’s revenue in the current quarter to hit an average of 538M. 1 analysts are of the opinion that B2gold Corp’s revenue for the current quarter will be 591.8M. The company’s revenue for the corresponding quarters a year ago was 461.44M and 492.57M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 16.59%. The estimates for the next quarter sales put growth at 20.15%.
The 2025 estimates are for B2gold Corp earnings to increase by 147.13%, but the outlook for the next 5-year period is at 42.73% per year.
BTG Dividends
B2gold Corp is expected to release its next quarterly earnings report in March. The 5.62% annual yield figure for the share gives it an annual dividend of 0.16. It is important to note, however, that the 5.62% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.
B2gold Corp (AMEX:BTG)’s Major holders
FMR LLC holds the second largest percentage of outstanding shares, with 4.5174% or 59.05 million shares worth $158.41 million as of 2024-06-30.
Among Mutual Funds, the top two as of Nov 30, 2024 were VanEck ETF Trust-VanEck Junior Gold Miners ETF and VanEck ETF Trust-VanEck Gold Miners ETF. With 86.38 shares estimated at $246.18 million under it, the former controlled 6.55% of total outstanding shares. On the other hand, VanEck ETF Trust-VanEck Gold Miners ETF held about 4.39% of the shares, roughly 57.82 shares worth around $164.8 million.
