B2gold Corp (BTG) posted a 1.05% change over the last five days signaling a new trend

On Friday, B2gold Corp (AMEX: BTG) opened lower -0.34% from the last session, before settling in for the closing price of $2.90. Price fluctuations for BTG have ranged from $2.34 to $4.40 over the past 52 weeks.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

Basic Materials Sector giant saw their annual sales surged by 14.64% over the last five years. Company’s average yearly earnings per share was noted -18.62% at the time writing. With a float of $1.29 billion, this company’s outstanding shares have now reached $1.30 billion.

B2gold Corp (BTG) Breakdown of a Key Holders of the stock

A key investor’s attitude towards the stock of the Gold industry is another important factor to consider. The insider ownership of B2gold Corp is 1.09%, while institutional ownership is 65.58%.

B2gold Corp (BTG) Recent Fiscal highlights

Wall Street market experts anticipate that the next fiscal year will bring earnings of 98.97 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -18.62% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 20.00% during the next five years compared to -22.48% drop over the previous five years of trading.

B2gold Corp (AMEX: BTG) Trading Performance Indicators

Check out the current performance indicators for B2gold Corp (BTG). In the past quarter, the stock posted a quick ratio of 1.16. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.95.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.02, a number that is poised to hit 0.05 in the next quarter and is forecasted to reach 0.41 in one year’s time.

Technical Analysis of B2gold Corp (BTG)

Analysing the last 5-days average volume posted by the [B2gold Corp, BTG], we can find that recorded value of 16.94 million was better than the volume posted last year of 11.83 million. As of the previous 9 days, the stock’s Stochastic %D was 71.26%. Additionally, its Average True Range was 0.11.

During the past 100 days, B2gold Corp’s (BTG) raw stochastic average was set at 50.00%, which indicates a significant decrease from 67.86% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 34.73% in the past 14 days, which was lower than the 40.73% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $2.62, while its 200-day Moving Average is $3.04. Now, the first resistance to watch is $3.01. This is followed by the second major resistance level at $3.14. The third major resistance level sits at $3.20. If the price goes on to break the first support level at $2.82, it is likely to go to the next support level at $2.76. Now, if the price goes above the second support level, the third support stands at $2.63.

B2gold Corp (AMEX: BTG) Key Stats

There are currently 1,302,851K shares outstanding in the company with a market cap of 3.77 billion. Presently, the company’s annual sales total 1,934 M according to its annual income of 10,100 K. Last quarter, the company’s sales amounted to 511,970 K and its income totaled -113,220 K.