B2Gold Corp. (AMEX: BTG)’s stock price has dropped by -1.79 in relation to previous closing price of 3.90. Nevertheless, the company has seen a loss of -4.25% in its stock price over the last five trading days.
Is It Worth Investing in B2Gold Corp. (AMEX: BTG) Right Now?
The price-to-earnings ratio for B2Gold Corp. (AMEX: BTG) is above average at 15.96x,
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The public float for BTG is 1.28B, and currently, short sellers hold a 0.73% ratio of that floaft. The average trading volume of BTG on May 25, 2023 was 9.22M shares.
BTG’s Market Performance
BTG stock saw a decrease of -4.25% in the past week, with a monthly decline of -4.73% and a quarterly a decrease of 18.21%. The volatility ratio for the week is 2.15%, and the volatility levels for the last 30 days are 2.73% for B2Gold Corp. (BTG).. The simple moving average for the past 20 days is -5.10% for BTG’s stock, with a 7.11% simple moving average for the past 200 days.
BTG Trading at -4.18% from the 50-Day Moving Average
After a stumble in the market that brought BTG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -12.95% of loss for the given period.
Volatility was left at 2.73%, however, over the last 30 days, the volatility rate increased by 2.15%, as shares sank -3.77% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +8.50% upper at present.
During the last 5 trading sessions, BTG fell by -4.25%, which changed the moving average for the period of 200-days by +9.43% in comparison to the 20-day moving average, which settled at $4.03. In addition, B2Gold Corp. saw 7.28% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for BTG
Current profitability levels for the company are sitting at:
- +30.14 for the present operating margin
- +34.88 for the gross margin
The net margin for B2Gold Corp. stands at +14.60. The total capital return value is set at 16.73, while invested capital returns managed to touch 8.43.
Based on B2Gold Corp. (BTG), the company’s capital structure generated 1.90 points at debt to equity in total, while total debt to capital is 1.87. Total debt to assets is 1.55, with long-term debt to equity ratio resting at 1.39. Finally, the long-term debt to capital ratio is 1.36.
When we switch over and look at the enterprise to sales, we see a ratio of 2.45, with the company’s debt to enterprise value settled at 0.02. The receivables turnover for the company is 40.23 and the total asset turnover is 0.48. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.43.
Conclusion
In a nutshell, B2Gold Corp. (BTG) has experienced a mixed performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
