B2gold Corp (AMEX:BTG) shares, rose in value, with the stock price up by 2.28% to the previous day’s close as strong demand from buyers drove the stock to $3.16.
Actively observing the price movement in the recent trading, the stock is buoying the session at $3.09, falling within a range of $3.07 and $3.18. The value of beta (5-year monthly) is 1.172. Referring to stock’s 52-week performance, its high was $3.50, and the low was $2.20. On the whole, BTG has fluctuated by 10.13% over the past month.
With the market capitalization of B2gold Corp currently standing at about $4.17 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-18. The company’s Forward Dividend Ratio is 0.14, with its dividend yield at 4.43%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 2.75B, with a low estimate of 538M and a high estimate of 538M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 538M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that BTG’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 50% Buy.
The stock’s technical analysis shows that the price of BTG currently trading nearly 7.47% and 17.15% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 62.59, while the 7-day volatility ratio is showing 2.95% which for the 30-day chart, stands at 4.41%. Furthermore, B2gold Corp (BTG)’s beta value is 0.95, and its average true range (ATR) is 0.12.
A comparison of B2gold Corp (BTG) with its peers suggests the former has fared considerably weaker in the market. BTG showed an intraday change of 2.28% in today’s session so far, and over the past year, it grew by 23.95%%.
Data on historical trading for B2gold Corp (AMEX:BTG) indicates that the trading volumes over the past 10 days have averaged 48.83 and over the past 3 months, they’ve averaged 34.20 million. According to company’s latest data on outstanding shares, there are 1.32 billion shares outstanding.
Nearly 4.85% of B2gold Corp’s shares belong to company insiders and institutional investors own 55.99% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 54.07 million shares as on 2025-03-14, resulting in a short ratio of 1.56. The stock has risen by 29.53% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the BTG stock heading into the next quarter.
