B2gold Corp (BTG) recent activity suggests a positive outlook with the last week’s performance of 4.51%

Shaun Noe

A new trading day began on Monday, with B2gold Corp (AMEX: BTG) stock price up 9.45% from the previous day of trading, before settling in for the closing price of $3.81. BTG’s price has ranged from $2.20 to $5.94 over the past 52 weeks.

Meanwhile, its annual earnings per share averaged 239.42%. With a float of $1.27 billion, this company’s outstanding shares have now reached $1.33 billion.

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 4.63%, while institutional ownership is 60.49%.

B2gold Corp (BTG) Latest Financial update

In its latest quarterly report, released on 12/31/2024, the company reported earnings of 0.01 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 0.14 per share during the current 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 0.46. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.22.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.15, a number that is poised to hit 0.20 in the next quarter and is forecasted to reach 0.76 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 30.48 million. That was inferior than the volume of 43.88 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 35.94%.

During the past 100 days, B2gold Corp’s (BTG) raw stochastic average was set at 32.70%, which indicates a significant decrease from 86.79% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.20 in the past 14 days, which was higher than the 0.17 volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $4.71, while its 200-day Moving Average is $3.69. However, in the short run, B2gold Corp’s stock first resistance to watch stands at $4.28. Second resistance stands at $4.40. The third major resistance level sits at $4.62. If the price goes on to break the first support level at $3.94, it is likely to go to the next support level at $3.72. The third support level lies at $3.60 if the price breaches the second support level.

B2gold Corp (AMEX: BTG) Key Stats

With a market capitalization of 5.57 billion, the company has a total of 1,336,138K Shares Outstanding. Currently, annual sales are 1,902 M while annual income is -629,890 K. The company’s previous quarter sales were 782,950 K while its latest quarter income was 19,310 K.

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