B2gold Corp (AMEX: BTG) kicked off on Monday, up 2.68% from the previous trading day, before settling in for the closing price of $2.61. Over the past 52 weeks, BTG has traded in a range of $2.34-$3.50.
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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. While this was happening, its average annual earnings per share was recorded -20.06%. With a float of $1.28 billion, this company’s outstanding shares have now reached $1.31 billion.
In an organization with 6150 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 38.55%, operating margin of -10.06%, and the pretax margin is -24.79%.
B2gold Corp (BTG) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Gold Industry. The insider ownership of B2gold Corp is 2.21%, while institutional ownership is 58.16%.
B2gold Corp (BTG) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.1 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -20.06% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 23.52% during the next five years compared to -22.48% drop over the previous five years of trading.
B2gold Corp (AMEX: BTG) Trading Performance Indicators
Take a look at B2gold Corp’s (BTG) current performance indicators. Last quarter, stock had a quick ratio of 1.08. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.84. Likewise, its price to free cash flow for the trailing twelve months is 50.15.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.56, a number that is poised to hit 0.07 in the next quarter and is forecasted to reach 0.45 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 15.39 million. That was better than the volume of 12.72 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 11.39%. Additionally, its Average True Range was 0.11.
During the past 100 days, B2gold Corp’s (BTG) raw stochastic average was set at 28.70%, which indicates a significant increase from 23.53% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 33.86% in the past 14 days, which was lower than the 44.83% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.06, while its 200-day Moving Average is $2.84. However, in the short run, B2gold Corp’s stock first resistance to watch stands at $2.75. Second resistance stands at $2.83. The third major resistance level sits at $2.88. If the price goes on to break the first support level at $2.62, it is likely to go to the next support level at $2.57. Assuming the price breaks the second support level, the third support level stands at $2.49.
B2gold Corp (AMEX: BTG) Key Stats
The company with the Market Capitalisation of 3.51 billion has total of 1,313,105K Shares Outstanding. Its annual sales at the moment are 1,934 M in contrast with the sum of 10,100 K annual income. Company’s last quarter sales were recorded 448,230 K and last quarter income was -633,760 K.
