B2gold Corp (AMEX: BTG) on Friday, plunged -2.04% from the previous trading day, before settling in for the closing price of $3.43. Within the past 52 weeks, BTG’s price has moved between $2.34 and $3.50.
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It was noted that within the last five years, the titan of the Basic Materials sector saw sales topped by 14.64%. The company achieved an average annual earnings per share of -6.44%. With a float of $1.28 billion, this company’s outstanding shares have now reached $1.30 billion.
The extent of productivity of a business whose workforce counts for 6150 workers is very important to gauge. 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
Observing investor behavior towards Gold industry stocks is more important than anything else. The insider ownership of B2gold Corp is 2.39%, while institutional ownership is 54.09%.
B2gold Corp (BTG) Latest Financial update
As on 6/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0.05 earnings per share (EPS) for the period falling under the consensus outlook (set at 0.07) by -0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.08 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -6.44% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 7.17% during the next five years compared to -22.48% drop over the previous five years of trading.
B2gold Corp (AMEX: BTG) Trading Performance Indicators
B2gold Corp (BTG) is currently performing well based on its current performance indicators. A quick ratio of 1.74 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.27. Likewise, its price to free cash flow for the trailing twelve months is 23.85.
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 0.44 in one year’s time.
Technical Analysis of B2gold Corp (BTG)
The latest stats from [B2gold Corp, BTG] show that its last 5-days average volume of 15.74 million was superior to 12.53 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 71.08%. Additionally, its Average True Range was 0.10.
During the past 100 days, B2gold Corp’s (BTG) raw stochastic average was set at 87.83%, which indicates a significant increase from 73.58% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 31.38% in the past 14 days, which was lower than the 44.74% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.07, while its 200-day Moving Average is $2.80. Now, the first resistance to watch is $3.40. This is followed by the second major resistance level at $3.45. The third major resistance level sits at $3.48. If the price goes on to break the first support level at $3.32, it is likely to go to the next support level at $3.29. The third support level lies at $3.24 if the price breaches the second support level.
B2gold Corp (AMEX: BTG) Key Stats
Market capitalization of the company is 4.40 billion based on 1,306,962K outstanding shares. Right now, sales total 1,934 M and income totals 10,100 K. The company made 492,570 K in profit during its latest quarter, and -24,000 K in sales during its previous quarter.
