B2gold Corp (AMEX: BTG) is -17.41% lower on its value in year-to-date trading and has touched a low of $2.34 and a high of $3.50 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 $2.70 in the last trading session, with the day’s loss setting it -0.09%.
Currently trading at $2.61, the stock is -6.57% and -14.88% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 15.42 million and changing -3.33% at the moment leaves the stock -7.91% off its SMA200. BTG registered -18.18% loss for a year compared to 6-month gain of 0.77%. The firm has a 50-day simple moving average (SMA 50) of $3.0662 and a 200-day simple moving average (SMA200) of $2.83415.
The stock witnessed a -17.92% loss in the last 1 month and extending the period to 3 months gives it a -3.33%, and is -9.38% 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 3.78% over the week and 3.41% over the month.
B2gold Corp (BTG) has around 6150 employees, a market worth around $3.42B and $1.91B in sales. Fwd P/E is 5.82. Profit margin for the company is -38.20%. Distance from 52-week low is 11.54% and -25.43% from its 52-week high. The company has generated returns on investments over the last 12 months (-22.44%).
The EPS is expected to shrink by -20.06% this year.
B2gold Corp (BTG) Top Institutional Holders
417.0 institutions hold shares in B2gold Corp (BTG), with institutional investors hold 62.01% of the company’s shares. The shares outstanding are 1.31B, and float is at 1.28B with Short Float at 1.72%. Institutions hold 61.60% 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
#####
