The price of B2gold Corp (AMEX:BTG) shares last traded on Wall Street fell -2.70% to $2.88.
BTG stock price is now 8.17% away from the 50-day moving average and -1.30% away from the 200-day moving average. The market capitalization of the company currently stands at $3.75B.
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With the price target of $3.50, Jefferies recently initiated with Buy rating for B2gold Corp (AMEX: BTG). , while ‘BMO Capital Markets’ rates the stock as ‘Outperform’
A total of 0.97% of the company’s stock is owned by insiders.
During the past 12 months, B2gold Corp has had a low of $2.34 and a high of $3.94. As of last week, the company has a debt-to-equity ratio of 0.01, a current ratio of 2.99, and a quick ratio of 1.97. The fifty day moving average price for BTG is $2.6664 and a two-hundred day moving average price translates $2.9163 for the stock.
The latest earnings results from B2gold Corp (AMEX: BTG) was released for 2024-03-31. According to the Gold Company, earnings per share came in at 0.07, inline with analysts’ expectations of 0.07. This compares to $0.09 EPS in the same period last year. The net profit margin was -1.88% and return on equity was -1.05% for BTG. The company reported revenue of $461.44 million for the quarter, compared to $473.56 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -2.56 percent. For the current quarter, analysts expect BTG to generate $478.2M in revenue.
B2gold Corp(BTG) Company Profile
B2Gold Corp. operates as a gold producer company. It operates the Fekola Mine in Mali, the Masbate Mine in the Philippines, and the Otjikoto Mine in Namibia. The company also has an 100% interest in the Gramalote gold project in Colombia; 24% interest in the Calibre Mining Corp.; and approximately 19% interest in BeMetals Corp. In addition, it has a portfolio of other evaluation and exploration assets in Mali and Finland. The company was incorporated in 2006 and is headquartered in Vancouver, Canada.
