B2Gold Corp. (AMEX: BTG) is -7.68% lower on its value in year-to-date trading and has touched a low of $2.16 and a high of $7.55 in the current 52-week trading range. The BTG stock was last observed hovering at around $5.17 in the last trading session, with the day’s loss setting it -0.1% off its average median price target of $8.72 for the next 12 months. It is also 52.62% off the consensus price target high of $10.70 offered by 15 analysts, but current levels are 22.0% higher than the price target low of $6.50 for the same period.
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Currently trading at $5.07, the stock is -7.17% and -9.51% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.07 million and changing -1.84% at the moment leaves the stock -13.92% off its SMA200. BTG registered 22.22% gain for a year compared to 6-month loss of -23.07%. The firm has a 50-day simple moving average (SMA 50) of $5.53 and a 200-day simple moving average (SMA200) of $6.23.
The stock witnessed a -7.51% gain in the last 1 month and extending the period to 3 months gives it a -24.30%, and is 0.00% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.66% over the week and 3.22% over the month.
B2Gold Corp. (BTG) has around 2212 employees, a market worth around $5.43B and $1.62B in sales. Current P/E ratio is 8.45 and Fwd P/E is 24.62. Distance from 52-week low is 134.95% and -32.78% from its 52-week high.
B2Gold Corp. (BTG) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for B2Gold Corp. (BTG) is a “Buy”. 15 analysts offering their recommendations for the stock have an average rating of 1.50, where 1 rate it as a Hold and 2 think it is a “Overweight”. 12 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
B2Gold Corp. is expected to release its quarterly report on 05/12/2021 and quarterly earnings per share for the current quarter are estimated at $0.01 with sales reaching $207.75M over the same period.The EPS is expected to shrink by -45.50% this year, but quarterly earnings will post -0.80% year-over-year. Quarterly sales are estimated to grow 14.70% in year-over-year returns.
B2Gold Corp. (BTG) Top Institutional Holders
470 institutions hold shares in B2Gold Corp. (BTG), with 12.4M shares held by insiders accounting for 1.18% while institutional investors hold 73.25% of the company’s shares. The shares outstanding are 1.05B, and float is at 1.04B with Short Float at 0.95%. Institutions hold 72.38% of the Float.
The top institutional shareholder in the company is Van Eck Associates Corporation with over 124.39 million shares valued at $811.0 million. The investor’s holdings represent 11.85% of the BTG Shares outstanding. As of Sep 29, 2020, the second largest holder is FMR, LLC with 102.57 million shares valued at $668.74 million to account for 9.77% of the shares outstanding. The other top investors are Renaissance Technologies, LLC which holds 42.31 million shares representing 4.03% and valued at over $275.89 million, while Vanguard Group, Inc. (The) holds 2.84% of the shares totaling 29.87 million with a market value of $194.74 million.
B2Gold Corp. (BTG): Who are the competitors?
The company’s main competitors (and peers) include Hecla Mining Company (HL) that is trading 75.40% up over the past 12 months. Short interest in the company’s stock has fallen -14.17% from the last report on Nov 29, 2020 to stand at a total of 11.28 million short shares sold with a short interest ratio of 1.71.