Market Update: B2gold Corp (BTG) Sees Negative Movement, Closing at 2.54

Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.

In the latest session, B2gold Corp (AMEX: BTG) closed at $2.54 down -0.39% from its previous closing price of $2.55. In other words, the price has decreased by -$0.39 from its previous closing price. On the day, 8.38 million shares were traded. BTG stock price reached its highest trading level at $2.61 during the session, while it also had its lowest trading level at $2.52.

Ratios:

For a deeper understanding of B2gold Corp’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.16 and its Current Ratio is at 2.27. In the meantime, Its Debt-to-Equity ratio is 0.05 whereas as Long-Term Debt/Eq ratio is at 0.05.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Jefferies on February 29, 2024, initiated with a Buy rating and assigned the stock a target price of $3.50.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BTG now has a Market Capitalization of 3319246592 and an Enterprise Value of 3294316288. As of this moment, B2gold’s Price-to-Earnings (P/E) ratio for their current fiscal year is 109.48, and their Forward P/E ratio for the next fiscal year is 5.98. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 5.47. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.71 while its Price-to-Book (P/B) ratio in mrq is 0.87. Its current Enterprise Value per Revenue stands at 1.703 whereas that against EBITDA is 3.042.

Stock Price History:

Over the past 52 weeks, BTG has reached a high of $4.29, while it has fallen to a 52-week low of $2.34. The 50-Day Moving Average of the stock is -2.82%, while the 200-Day Moving Average is calculated to be -14.67%.

Shares Statistics:

For the past three months, BTG has traded an average of 12.64M shares per day and 10950470 over the past ten days. A total of 1.30B shares are outstanding, with a floating share count of 1.29B. Insiders hold about 1.00% of the company’s shares, while institutions hold 62.80% stake in the company. Shares short for BTG as of 1713139200 were 15358335 with a Short Ratio of 1.21, compared to 1710460800 on 22708496.

Dividends & Splits

According to the company, the forward annual dividend rate for BTG is 0.16, from 0.16 in the trailing year. Against a Trailing Annual Dividend Yield of 0.062745094

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