The trading price of B2gold Corp (AMEX:BTG) floating lower at last check on current market day and closing at $2.86, -0.31% lower than its previous close.
Traders who pay close attention to intraday price movement should know that it has been fluctuating between $2.85 and $2.9. In examining the 52-week price action we see that the stock hit a 52-week high of $3.46 and a 52-week low of $2.34. Over the past month, the stock has lost -1.68% in value.
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B2gold Corp, whose market valuation is $3.74 billion at the time of this writing, is expected to release its quarterly earnings report on 2024-Nov-06. The dividend yield on the company stock is 5.59%, while its Forward Dividend ratio is 0.16. Investors’ optimism about the company’s current quarter earnings report is understandable. Analysts have predicted the quarterly earnings per share to grow by 0.05 per share this quarter, however they have predicted annual earnings per share of 0.24 for current year and 0.43 for next year.
Analysts have forecast the company to bring in revenue of 452M for the current quarter, with the likely lows of 452M and highs of 452M. From the analysts’ viewpoint, the consensus estimate for the company’s annual revenue is 1.9B.
On the technical side, indicators suggest BTG has a Hold on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 50% Buy, while an average of long term indicators suggests that the stock is currently 50% Buy.
Here is the average analyst rating on the stock as represented by 1.00 to 5.00, with the extremes of 1.00 and 5.00 suggesting the stock should be considered as either strong buy or strong sell respectively. The number of analysts that have assigned BTG a recommendation rating is 6. Out of them, 1 rate it a Hold, while 5 recommend Buy, whereas 0 assign an Overweight rating. 0 analyst(s) have tagged B2gold Corp (BTG) as Underweight, while 0 advise Sell. Analysts have rated the stock Buy, likely urging investors to take advantage of the opportunity to add to their holdings of the company’s shares.
A quick review shows that BTG’s price is currently 3.16% off the SMA20 and 2.50% off the SMA50. The RSI metric on the 14-day chart is currently showing 54.18, and weekly volatility stands at 3.26%. When measured over the past 30 days, the indicator reaches 4.05%. B2gold Corp (AMEX:BTG)’s beta value is currently sitting at 1.16, while the Average True Range indicator is currently displaying 0.11.
To see how B2gold Corp stock has been performing today in comparison to its peers in the industry, here are the numbers: BTG stock’s performance was -0.31% at last check in today’s session, and -8.00% in the past year.
An evaluation of the daily trading volume of B2gold Corp (AMEX:BTG) indicates that the 3-month average is 11.31 million. However, this figure has increased over the past 10 days to an average of 11.66.
Currently, records show that 1.30 billion of the company’s shares remain outstanding. The insiders hold 2.41% of outstanding shares, whereasinstitutions hold 55.72%. The stats also highlight that short interest as of 2024-07-31, stood at 12.2 million shares, resulting in a short ratio of 1.24 at that time. It is noteworthy that short shares in July were down slightly from the previous month’s figure, which was 13.64 million. However, since the stock’s price has seen -9.46% year-to-date, investors’ interest is likely to be reignited due to its potential to move even lower.
