B2gold Corp [AMEX: BTG] surged by $0.05 during the normal trading session on while it closed the day at $2.40.
B2gold Corp stock has also gained 0.84% of its value over the past 7 days. However, BTG stock has declined by -30.84% in the 3 months of the year. Over the past six months meanwhile, it has lost -18.37% and lost -1.64% year-on date.
The market cap for BTG stock reached $3.16 billion, with 1.31 billion shares outstanding and 1.29 billion shares in the current float. Compared to the average trading volume of 16.09M shares, BTG reached a trading volume of 69829684 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about B2gold Corp [BTG]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for BTG shares is $4.14 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on BTG stock is a recommendation set at 1.90. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
BofA Securities have made an estimate for B2gold Corp shares, keeping their opinion on the stock as Underperform, with their previous recommendation back on January 14, 2025. While these analysts kept the previous recommendation, Jefferies raised their target price to Buy. The new note on the price target was released on February 29, 2024, representing the official price target for B2gold Corp stock. Previously, the target price had yet another raise to $4.25, while RBC Capital Mkts analysts kept a Sector Perform rating on BTG stock.
The Average True Range (ATR) for B2gold Corp is set at 0.10, with the Price to Sales ratio for BTG stock in the period of the last 12 months amounting to 1.65. The Price to Book ratio for the last quarter was 1.04, with the Price to Cash per share for the same quarter was set at 0.33. Price to Free Cash Flow for BTG in the course of the last twelve months was 45.14 with Quick ratio for the last quarter at 1.08.
BTG stock trade performance evaluation
B2gold Corp [BTG] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.84. With this latest performance, BTG shares dropped by -3.23% in over the last four-week period, additionally sinking by -18.37% over the last 6 months – not to mention a drop of -19.19% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for BTG stock in for the last two-week period is set at 40.16, with the RSI for the last a single of trading hit 40.74, and the three-weeks RSI is set at 40.13 for B2gold Corp [BTG]. The present Moving Average for the last 50 days of trading for this stock 2.62, while it was recorded at 2.39 for the last single week of trading, and 2.82 for the last 200 days.
B2gold Corp [BTG]: An insightful look at the core fundamentals
B2gold Corp’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.08 and a Current Ratio set at 1.83.
Earnings per share (EPS) analysis for B2gold Corp [BTG] stock
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for BTG. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for B2gold Corp go to 18.21%.
B2gold Corp [BTG]: Institutional Ownership
There are presently around $60.90%, or 61.30%% of BTG stock, in the hands of institutional investors. The top three institutional holders of BTG stocks are: VAN ECK ASSOCIATES CORP with ownership of 118.11 million shares, which is approximately 9.0633%. FMR LLC, holding 59.05 million shares of the stock with an approximate value of $$158.41 million in BTG stocks shares; and FMR LLC, currently with $$138.4 million in BTG stock with ownership which is approximately 3.9335%.
