A new trading day began on Friday, with B2gold Corp (AMEX: BTG) stock price up 1.44% from the previous day of trading, before settling in for the closing price of $4.85. BTG’s price has ranged from $2.20 to $4.99 over the past 52 weeks.
Meanwhile, its annual earnings per share averaged 246.24%. With a float of $1.25 billion, this company’s outstanding shares have now reached $1.32 billion.
B2gold Corp (BTG) Insider Updates
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 5.85%, while institutional ownership is 61.17%.
B2gold Corp (BTG) Performance Highlights and Predictions
In its latest quarterly report, released on 9/30/2024, the company reported earnings of 0.02 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 0.2 per share during the current fiscal year. According to the Wall Street analysts, stocks earnings will be around 246.24% per share during the next fiscal year.
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 0.40. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.00.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.35, a number that is poised to hit 0.17 in the next quarter and is forecasted to reach 0.63 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 56.88 million was superior to 42.57 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 85.22%.
During the past 100 days, B2gold Corp’s (BTG) raw stochastic average was set at 96.71%, which indicates a significant increase from 91.25% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.16 in the past 14 days, which was higher than the 0.13 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.99, while its 200-day Moving Average is $3.24. Now, the first resistance to watch is $4.99. This is followed by the second major resistance level at $5.06. The third major resistance level sits at $5.16. If the price goes on to break the first support level at $4.82, it is likely to go to the next support level at $4.72. Assuming the price breaks the second support level, the third support level stands at $4.65.
B2gold Corp (AMEX: BTG) Key Stats
With a market capitalization of 6.51 billion, the company has a total of 1,322,981K Shares Outstanding. Currently, annual sales are 1,902 M while annual income is -629,890 K. The company’s previous quarter sales were 692,210 K while its latest quarter income was 154,420 K.