B2gold Corp (AMEX: BTG) is -2.87% lower on its value in year-to-date trading and has touched a low of $2.20 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 $2.30 in the last trading session, with the day’s gains setting it 0.07%.
Currently trading at $2.37, the stock is -3.74% and -8.99% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 20.06 million and changing 3.04% at the moment leaves the stock -15.88% off its SMA200. BTG registered -13.19% loss for a year compared to 6-month loss of -18.56%. The firm has a 50-day simple moving average (SMA 50) of $2.604 and a 200-day simple moving average (SMA200) of $2.8173.
The stock witnessed a -4.82% gain in the last 1 month and extending the period to 3 months gives it a -30.90%, and is -2.07% 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 4.47% over the week and 3.63% over the month.
B2gold Corp (BTG) has around 6150 employees, a market worth around $3.12B and $1.91B in sales. Fwd P/E is 5.60. Profit margin for the company is -38.20%. Distance from 52-week low is 7.73% and -32.29% 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 -23.93% this year, but quarterly earnings will post -0.44% year-over-year. Quarterly sales are estimated to shrink -2.34% in year-over-year returns.
B2gold Corp (BTG) Top Institutional Holders
413.0 institutions hold shares in B2gold Corp (BTG), with institutional investors hold 61.29% 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 60.89% 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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