A new trading day began on Monday, with B2gold Corp (AMEX: BTG) stock price down -3.75% from the previous day of trading, before settling in for the closing price of $3.20. BTG’s price has ranged from $2.34 to $3.46 over the past 52 weeks.
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A company in the Basic Materials sector has jumped its sales by 14.64% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged -9.98%. With a float of $1.28 billion, this company’s outstanding shares have now reached $1.30 billion.
In an organization with 6150 employees, it is important to assess its efficiency.
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 2.39%, while institutional ownership is 54.68%.
B2gold Corp (BTG) Latest Financial update
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According to the Wall Street analysts, stocks earnings will be around -9.98% 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 2.08. Likewise, its price to free cash flow for the trailing twelve months is 21.87.
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 0.40 in one year’s time.
Technical Analysis of B2gold Corp (BTG)
Let’s dig in a bit further. During the last 5-days, its volume was 15.98 million. That was better than the volume of 12.44 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 60.64%. Additionally, its Average True Range was 0.12.
During the past 100 days, B2gold Corp’s (BTG) raw stochastic average was set at 68.22%, which indicates a significant increase from 54.05% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 66.85% in the past 14 days, which was higher than the 46.35% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.91, while its 200-day Moving Average is $2.80. However, in the short run, B2gold Corp’s stock first resistance to watch stands at $3.15. Second resistance stands at $3.23. The third major resistance level sits at $3.26. If the price goes on to break the first support level at $3.04, it is likely to go to the next support level at $3.01. The third support level lies at $2.93 if the price breaches the second support level.
B2gold Corp (AMEX: BTG) Key Stats
With a market capitalization of 4.04 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.
