Wall Street analysts’ outlook for B2gold Corp (BTG)

With 13.97 million shares changed hands, the volume of the stock remained heavier than its average volume of 10.57 million shares. During the session, the Gold company that operates in wider Basic Materials sector, reached to the highest price of $2.7000 whereas the lowest price it dropped to was $2.6200. The 52-week range on BTG shows that it touched its highest point at $4.40 and its lowest point at $2.34 during that stretch. It currently has a 1-year price target of $4.20. With its current market cap of 3.44 billion, BTG has annualized dividend of $0.16 while the current yield stands at 6.06%. Beta for the stock currently stands at 1.11.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of BTG was up-trending over the past week, with a rise of 6.02%, but this was up by 10.00% over a month. Three-month performance dropped to -17.24% while six-month performance fell -8.01%. The stock lost -33.50% in the past year, while it has lost -16.46% so far this year. A look at the trailing 12-month EPS for BTG yields 0.02 with Next year EPS estimates of 0.40. For the next quarter, that number is 0.05. This implies an EPS growth rate of -22.19% for this year and 82.84% for next year. EPS is expected to grow by 20.00% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -22.48%.

Float and Shares Shorts:

At present, 1.30 billion BTG shares are outstanding with a float of 1.29 billion shares on hand for trading. On Mar 15, 2024, short shares totaled 22.71 million, which was 1.74% higher than short shares on Feb 15, 2024. In addition to BTF as the firm’s BTF, BTC serves as its BTC.

Institutional Ownership:

Through their ownership of 66.89% of BTG’s outstanding shares, institutional investors have majority control over the company.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for BTG since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.