The stock of B2gold Corp (BTG) has seen a -7.72% decrease in the past week, with a -7.72% drop in the past month, and a -27.58% decrease in the past quarter. The volatility ratio for the week is 4.68%, and the volatility levels for the past 30 days are at 3.33% for BTG. The simple moving average for the last 20 days is -4.17% for BTG’s stock, with a simple moving average of -15.58% for the last 200 days.
Is It Worth Investing in B2gold Corp (AMEX: BTG) Right Now?
Company’s 36-month beta value is 1.12.Analysts have differing opinions on the stock, with 6 analysts rating it as a “buy,” 5 as “overweight,” 4 as “hold,” and 0 as “sell.”
The public float for BTG is 1.29B, and currently, short sellers hold a 2.20% ratio of that floaft. The average trading volume of BTG on January 20, 2025 was 14.64M shares.
BTG) stock’s latest price update
B2gold Corp (AMEX: BTG)’s stock price has gone rise by 0.42 in comparison to its previous close of 2.38, however, the company has experienced a -7.72% decrease in its stock price over the last five trading days. zacks.com reported 2025-01-17 that In the latest trading session, B2Gold (BTG) closed at $2.39, marking a +0.42% move from the previous day.
Analysts’ Opinion of BTG
Jefferies, on the other hand, stated in their research note that they expect to see BTG reach a price target of $3.50. The rating they have provided for BTG stocks is “Buy” according to the report published on February 29th, 2024.
RBC Capital Mkts gave a rating of “Sector Perform” to BTG, setting the target price at $4.25 in the report published on September 12th of the previous year.
BTG Trading at -10.79% 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 -31.71% of loss for the given period.
Volatility was left at 3.33%, however, over the last 30 days, the volatility rate increased by 4.68%, as shares sank -7.00% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -27.13% lower at present.
During the last 5 trading sessions, BTG fell by -7.72%, which changed the moving average for the period of 200-days by -11.48% in comparison to the 20-day moving average, which settled at $2.49. In addition, B2gold Corp saw -2.05% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for BTG
Current profitability levels for the company are sitting at:
- -0.22 for the present operating margin
- 0.39 for the gross margin
The net margin for B2gold Corp stands at -0.38. The total capital return value is set at -0.1. Equity return is now at value -20.91, with -15.17 for asset returns.
Based on B2gold Corp (BTG), the company’s capital structure generated 0.07 points at debt to capital in total, while cash flow to debt ratio is standing at 4.22. The debt to equity ratio resting at 0.08. The interest coverage ratio of the stock is -14.26.
Currently, EBITDA for the company is 729.9 million with net debt to EBITDA at 4.31. When we switch over and look at the enterprise to sales, we see a ratio of 1.54. The receivables turnover for the company is 28.22for trailing twelve months and the total asset turnover is 0.4. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.83.
Conclusion
In a nutshell, B2gold Corp (BTG) has experienced a bad 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.
