Post-Trade Analysis: B2gold Corp (BTG) Slides -3.46, Closing at 2.51

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After finishing at $2.60 in the prior trading day, B2gold Corp (AMEX: BTG) closed at $2.51, down -3.46%. In other words, the price has decreased by $-3.46 from its previous closing price. On the day, 16.19 million shares were traded. BTG stock price reached its highest trading level at $2.6 during the session, while it also had its lowest trading level at $2.49.

Ratios:

Our goal is to gain a better understanding of BTG by taking a closer look at its different 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 3271559168 and an Enterprise Value of 3255227904. As of this moment, B2gold’s Price-to-Earnings (P/E) ratio for their current fiscal year is 108.19, and their Forward P/E ratio for the next fiscal year is 6.02. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 5.41. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.69 while its Price-to-Book (P/B) ratio in mrq is 0.86. Its current Enterprise Value per Revenue stands at 1.683 whereas that against EBITDA is 3.006.

Stock Price History:

The Beta on a monthly basis for BTG is 1.10, which has changed by -0.3756219 over the last 52 weeks, in comparison to a change of 0.23061275 over the same period for the S&P500. 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 -3.93%, while the 200-Day Moving Average is calculated to be -16.71%.

Shares Statistics:

The stock has traded on average 12.73M shares per day over the past 3-months and 17101840 shares per day over the last 10 days, according to various share statistics. A total of 1.30B shares are outstanding, with a floating share count of 1.29B. Insiders hold about 1.12% of the company’s shares, while institutions hold 64.87% stake in the company. Shares short for BTG as of 1711584000 were 22708496 with a Short Ratio of 1.78, compared to 1709164800 on 16619251.

Dividends & Splits

In the trailing 12 months, BTG’s forward annual dividend rate was 0.16, compared to 0.16 this year.

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