A new trading day began on Monday, with B2gold Corp (AMEX: BTG) stock price up 5.70% from the previous day of tradingbefore settling in for the closing price of $3.16. BTG’s price has ranged from $2.34 to $3.46 over the past 52 weeks.
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Annual sales at Basic Materials sector company grew by 14.64% over the past five years. Meanwhile, its annual earnings per share averaged -8.77%. With a float of $1.28 billion, this company’s outstanding shares have now reached $1.30 billion.
Let’s look at the performance matrix of the company that is accounted for 6150 employees. In terms of profitability, gross margin is 39.79%, operating margin of 28.46%, and the pretax margin is 6.73%.
B2gold Corp (BTG) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Gold Industry. The insider ownership of B2gold Corp is 2.40%, while institutional ownership is 55.17%.
B2gold Corp (BTG) Latest Financial update
In its latest quarterly report, released on 6/30/2024, the company reported earnings of 0.05 per share, which was $0.1 lower than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.06 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -8.77% 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
Here are B2gold Corp’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.74. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.25. Likewise, its price to free cash flow for the trailing twelve months is 23.71.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.11, a number that is poised to hit 0.05 in the next quarter and is forecasted to reach 0.43 in one year’s time.
Technical Analysis of B2gold Corp (BTG)
B2gold Corp (AMEX: BTG) saw its 5-day average volume 24.65 million, a positive change from its year-to-date volume of 11.82 million. As of the previous 9 days, the stock’s Stochastic %D was 94.92%. Additionally, its Average True Range was 0.12.
During the past 100 days, B2gold Corp’s (BTG) raw stochastic average was set at 97.06%, which indicates a significant increase from 96.05% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 61.35% in the past 14 days, which was higher than the 44.99% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.85, while its 200-day Moving Average is $2.79. Nevertheless, the first resistance level for the watch stands at $3.40 in the near term. At $3.46, the stock is likely to face the second major resistance level. The third major resistance level sits at $3.55. If the price goes on to break the first support level at $3.25, it is likely to go to the next support level at $3.16. The third support level lies at $3.10 if the price breaches the second support level.
B2gold Corp (AMEX: BTG) Key Stats
With a market capitalization of 4.38 billion, the company has a total of 1,306,962K Shares Outstanding. Currently, annual sales are 1,934 M while annual income is 10,100 K. The company’s previous quarter sales were 492,570 K while its latest quarter income was -24,000 K.
