B2gold Corp (AMEX: BTG) is -21.52% 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 $2.44 in the last trading session, with the day’s gains setting it 0.04%.
Currently trading at $2.48, the stock is -8.37% and -16.45% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 25.18 million and changing 1.64% at the moment leaves the stock -12.63% off its SMA200. BTG registered -22.26% loss for a year compared to 6-month gain of -6.42%. The firm has a 50-day simple moving average (SMA 50) of $2.9684 and a 200-day simple moving average (SMA200) of $2.8384.
The stock witnessed a -12.06% loss in the last 1 month and extending the period to 3 months gives it a -23.46%, and is -5.34% 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 3.63% over the week and 3.25% over the month.
B2gold Corp (BTG) has around 6150 employees, a market worth around $3.25B and $1.91B in sales. Fwd P/E is 5.69. Profit margin for the company is -38.20%. Distance from 52-week low is 5.98% and -29.14% from its 52-week high. The company has generated returns on investments over the last 12 months (-22.44%).
with sales reaching $562.29M over the same period.The EPS is expected to shrink by -20.15% this year, but quarterly earnings will post 1.14% year-over-year. Quarterly sales are estimated to grow 9.83% in year-over-year returns.
B2gold Corp (BTG) Top Institutional Holders
418.0 institutions hold shares in B2gold Corp (BTG), with institutional investors hold 61.68% 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 61.27% 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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