B2gold Corp (AMEX: BTG) is -1.23% lower on its value in year-to-date trading and has touched a low of $2.32 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 $2.42 in the last trading session, with the day’s loss setting it -0.01%.
Currently trading at $2.41, the stock is -3.17% and -8.94% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 12.93 million and changing -0.41% at the moment leaves the stock -14.77% off its SMA200. BTG registered -16.90% loss for a year compared to 6-month loss of -19.40%. The firm has a 50-day simple moving average (SMA 50) of $2.6466 and a 200-day simple moving average (SMA200) of $2.8276.
The stock witnessed a -3.21% gain in the last 1 month and extending the period to 3 months gives it a -30.35%, and is -3.98% 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 3.87% over the week and 3.27% over the month.
B2gold Corp (BTG) has around 6150 employees, a market worth around $3.18B and $1.91B in sales. Fwd P/E is 5.68. Profit margin for the company is -38.20%. Distance from 52-week low is 3.88% and -31.14% from its 52-week high. The company has generated returns on investments over the last 12 months (-22.44%).
with sales reaching $500M over the same period.The EPS is expected to shrink by -23.79% this year, but quarterly earnings will post -0.71% year-over-year. Quarterly sales are estimated to shrink -2.34% in year-over-year returns.
415.0 institutions hold shares in B2gold Corp (BTG), with institutional investors hold 61.31% of the company’s shares. The shares outstanding are 1.31B, and float is at 1.29B with Short Float at 2.20%. Institutions hold 60.91% 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.
