B2gold Corp (AMEX: BTG) is 9.84% higher 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 continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The BTG stock was last observed hovering at around $2.66 in the last trading session, with the day’s gains setting it 0.02%.
Currently trading at $2.68, the stock is 1.63% and 5.80% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 37.76 million and changing 0.75% at the moment leaves the stock -4.78% off its SMA200. BTG registered 14.53% gain for a year compared to 6-month loss of -3.60%.
The stock witnessed a 9.84% gain in the last 1 month and extending the period to 3 months gives it a -5.30%, and is -5.96% 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 4.88% over the week and 4.24% over the month.
B2gold Corp (BTG) has around 6150 employees, a market worth around $3.53B and $1.90B in sales. Fwd P/E is 6.20. Profit margin for the company is -33.12%. Distance from 52-week low is 21.82% and -23.43% from its 52-week high. The company has generated returns on investments over the last 12 months (-18.50%).
with sales reaching $538M over the same period.The EPS is expected to grow by 141.40% this year, but quarterly earnings will post 43.43% year-over-year. Quarterly sales are estimated to grow 16.59% in year-over-year returns.
B2gold Corp (BTG) Top Institutional Holders
The shares outstanding are 1.32B, and float is at 1.25B with Short Float at 3.94%.
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 9.0357% 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 4.5174 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 1.8719 of the shares totaling 24.47 million with a market value of $66.06 million.
B2gold Corp (BTG) Insider Activity
A total of 0 insider transactions have happened at B2gold Corp (BTG) in the last six months, with sales accounting for 0 and purchases happening 0 times.
B2gold Corp (BTG): Who are the competitors?
The company’s main competitors (and peers) include Hecla Mining Co. (HL) that is trading 29.92% up over the past 12 months. Coeur Mining Inc. (CDE) that is 74.24% higher over the same period.
