B2gold Corp (AMEX: BTG) is -2.53% lower on its value in year-to-date trading and has touched a low of $2.34 and a high of $3.46 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The BTG stock was last observed hovering at around $3.20 in the last trading session, with the day’s loss setting it -0.12%.
Currently trading at $3.08, the stock is 1.27% and 6.04% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 14.6 million and changing -3.75% at the moment leaves the stock 10.17% off its SMA200. BTG registered 7.32% gain for a year compared to 6-month gain of 16.67%. The firm has a 50-day simple moving average (SMA 50) of $2.9076 and a 200-day simple moving average (SMA200) of $2.79625.
The stock witnessed a 8.83% loss in the last 1 month and extending the period to 3 months gives it a 14.50%, and is -4.94% 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 3.23% over the week and 3.49% over the month.
B2gold Corp (BTG) has around 6150 employees, a market worth around $4.04B and $1.94B in sales. Fwd P/E is 7.64. Profit margin for the company is -7.23%. Distance from 52-week low is 31.62% and -10.98% from its 52-week high. The company has generated returns on investments over the last 12 months (-3.72%).
with sales reaching $452M over the same period.The EPS is expected to shrink by -9.98% this year, but quarterly earnings will post -1.70% year-over-year. Quarterly sales are estimated to shrink -5.40% in year-over-year returns.
B2gold Corp (BTG) Top Institutional Holders
431.0 institutions hold shares in B2gold Corp (BTG), with institutional investors hold 59.08% of the company’s shares. The shares outstanding are 1.30B, and float is at 1.28B with Short Float at 1.00%. Institutions hold 58.67% of the Float.
The top institutional shareholder in the company is VAN ECK ASSOCIATES CORP with over 118.11 million shares valued at $318.88 million. The investor’s holdings represent 9.0633% of the BTG Shares outstanding. As of 2024-06-30, the second largest holder is FMR LLC with 59.05 million shares valued at $158.41 million to account for 4.5312 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 51.26 million shares representing 3.9335% and valued at over $138.4 million, while RENAISSANCE TECHNOLOGIES LLC holds 1.8776 of the shares totaling 24.47 million with a market value of $66.06 million.
B2gold Corp (BTG) Insider Activity
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