13-May-2024
CIBC Reaffirms Their Hold Rating on B2Gold (BTG)
TipRanks (Thu, 9-May 10:16 AM ET)
Stifel Nicolaus Sticks to Their Buy Rating for B2Gold (BTG)
TipRanks (Thu, 9-May 8:56 AM ET)
Globe Newswire (Tue, 7-May 6:20 PM ET)
Snowline Gold Completes Oversubscribed C$31.9 Million Financing
ACCESSWIRE (Thu, 25-Apr 9:37 AM ET)
B2Gold First Quarter 2024 Financial Results Conference Call Details
Globe Newswire (Mon, 15-Apr 5:30 PM ET)
B2Gold Files Form 40-F and Supporting Documentation
Globe Newswire (Thu, 14-Mar 10:00 PM ET)
Globe Newswire (Wed, 21-Feb 5:59 PM ET)
B2Gold Reports Three Fatalities from Off-Site Incident in Mali
Globe Newswire (Fri, 16-Feb 12:37 AM ET)
B2Gold Corp is an international, low-cost, senior gold mining company. It has three operating open-pit gold mines in Mali, Namibia, and the Philippines and numerous exploration projects across four continents. Other significant assets include the Gramalote and Kiaka gold projects. The company focuses on acquiring and developing interests in mineral properties with a primary focus on gold deposits as gold production forms all its revenue. There is no dependence on a particular purchaser because the gold is sold into a global market. The company's reportable operating segments include its mining operations and development projects, namely Fekola; Masbate; Otjikoto; the Goose Project, and other mineral properties; and corporate and other.
B2gold Common Shares (Canada) trades on the AMEX stock market under the symbol BTG.
As of May 13, 2024, BTG stock price declined to $2.75 with 5,295,825 million shares trading.
BTG has a beta of 0.68, meaning it tends to be less sensitive to market movements. BTG has a correlation of 0.05 to the broad based SPY ETF.
BTG has a market cap of $3.59 billion. This is considered a Mid Cap stock.
Last quarter B2gold Common Shares (Canada) reported $461 million in Revenue and $.06 earnings per share. This beat revenue expectation by $29 million and exceeded earnings estimates by $.01.
In the last 3 years, BTG stock traded as high as $5.37 and as low as $2.34.
The top ETF exchange traded funds that BTG belongs to (by Net Assets): GDX, GDXJ, DISV, DFIC, DFIS.
BTG stock has underperformed the market in the last year with a return of -29.2%, while SPY returned +28.2%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in BTG shares. However, BTG has outperformed the market in the last 3 month and 2 week periods, returning +12.0% and +4.6%, while SPY returned +5.8% and +2.1%, respectively. This indicates BTG has been having a stronger performance recently.
BTG support price is $2.69 and resistance is $2.85 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that BTG stock will trade within this expected range on the day.