B2Gold Corp. (NYSE:BTG - Free Report) - Investment analysts at National Bank Financial decreased their Q4 2024 EPS estimates for shares of B2Gold in a report issued on Monday, February 10th. National Bank Financial analyst D. Demarco now anticipates that the company will earn $0.03 per share for the quarter, down from their previous forecast of $0.07. The consensus estimate for B2Gold's current full-year earnings is $0.21 per share.
Other analysts also recently issued reports about the company. CIBC dropped their price objective on B2Gold from $3.70 to $3.30 and set a "neutral" rating for the company in a report on Wednesday, January 15th. StockNews.com lowered B2Gold from a "buy" rating to a "hold" rating in a research note on Friday, November 8th. Bank of America lowered B2Gold from a "buy" rating to an "underperform" rating in a research note on Tuesday, January 14th. Finally, TD Securities cut B2Gold from a "buy" rating to a "hold" rating in a report on Tuesday, February 4th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and one has assigned a buy rating to the company. According to MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $4.02.
Read Our Latest Stock Analysis on BTG
B2Gold Trading Down 1.9 %
BTG stock traded down $0.05 on Thursday, hitting $2.54. 25,145,078 shares of the company were exchanged, compared to its average volume of 28,472,540. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.83 and a quick ratio of 1.08. The stock has a market capitalization of $3.35 billion, a price-to-earnings ratio of -4.54, a price-to-earnings-growth ratio of 0.28 and a beta of 1.10. B2Gold has a twelve month low of $2.20 and a twelve month high of $3.50. The business's fifty day moving average is $2.50 and its two-hundred day moving average is $2.81.
Institutional Inflows and Outflows
A number of institutional investors have recently made changes to their positions in the company. Cantor Fitzgerald L. P. acquired a new position in B2Gold in the 4th quarter worth $25,000. Groupama Asset Managment purchased a new position in B2Gold in the fourth quarter valued at about $29,000. Schonfeld Strategic Advisors LLC purchased a new stake in B2Gold during the 4th quarter worth approximately $30,000. E&G Advisors LP acquired a new position in shares of B2Gold in the 3rd quarter valued at approximately $31,000. Finally, Signaturefd LLC boosted its stake in shares of B2Gold by 176.1% during the 4th quarter. Signaturefd LLC now owns 12,935 shares of the company's stock valued at $32,000 after buying an additional 8,250 shares during the last quarter. 61.40% of the stock is owned by institutional investors and hedge funds.
About B2Gold
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B2Gold Corp. operates as a gold producer company. It operates the Fekola Mine in Mali, the Masbate Mine in the Philippines, and the Otjikoto Mine in Namibia. The company also has an 100% interest in the Gramalote gold project in Colombia; 24% interest in the Calibre Mining Corp.; and approximately 19% interest in BeMetals Corp.
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