B2gold Corp (AMEX: BTG) is 8.20% 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 $2.65 in the last trading session, with the day’s loss setting it -0.01%.
Currently trading at $2.64, the stock is -11.66% and -4.26% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 42.5 million and changing -0.38% at the moment leaves the stock -6.97% off its SMA200. BTG registered -3.65% loss for a year compared to 6-month loss of -15.11%. The firm has a 50-day simple moving average (SMA 50) of $2.7576 and a 200-day simple moving average (SMA200) of $2.8378.
The stock witnessed a -1.49% gain in the last 1 month and extending the period to 3 months gives it a 2.72%, and is -7.37% 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 7.33% over the week and 5.23% over the month.
Fwd P/E is 6.77. Profit margin for the company is -33.12%. Distance from 52-week low is 20.00% and -24.57% from its 52-week high. The company has generated returns on investments over the last 12 months (-18.50%).
The EPS is expected to grow by 147.34% this year.
B2gold Corp (BTG) Top Institutional Holders
381.0 institutions hold shares in B2gold Corp (BTG), with institutional investors hold 61.72% of the company’s shares. The shares outstanding are 1.32B, and float is at 1.26B with Short Float at 4.31%. Institutions hold 61.47% 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 9.0357% 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
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