While B2gold Corp has overperformed by 1.61%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, BTG fell by -5.95%, with highs and lows ranging from $3.50 to $2.20, whereas the simple moving average fell by -9.90% in the last 200 days.
On February 04, 2025, TD Securities Downgraded B2gold Corp (AMEX: BTG) to Hold. A report published by BofA Securities on January 14, 2025, Downgraded its rating to ‘Underperform’ for BTG. Jefferies also rated BTG shares as ‘Buy’, setting a target price of $3.50 on the company’s shares in an initiating report dated February 29, 2024. RBC Capital Mkts Initiated an Sector Perform rating on September 12, 2023, and assigned a price target of $4.25. BMO Capital Markets initiated its ‘Outperform’ rating for BTG, as published in its report on April 20, 2023. JP Morgan’s report from December 10, 2021 suggests a price prediction of $5 for BTG shares, giving the stock a ‘Underweight’ rating. JP Morgan also rated the stock as ‘Neutral’.
Analysis of B2gold Corp (BTG)
The current dividend for BTG investors is set at $0.16 per share, indicating investors will get a return regardless of how the company performs over the next quarter. Further, the quarter-over-quarter decrease in sales is -6.21%, showing a negative trend in the upcoming months.
There are several well-rounded types of analysis and research techniques that can be used to gain a clear view of B2gold Corp’s future performance, with equity being one of the most critical indicators. The goal here is to ensure that your current return on equity of -20.91% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 1.08, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
As an indicator of volatility for any stock, average volume can also be very valuable, and BTG is recording an average volume of 19.00M. On a monthly basis, the volatility of the stock is set at 3.99%, whereas on a weekly basis, it is put at 3.44%, with a gain of 4.55% over the past seven days. Furthermore, long-term investors anticipate a median target price of $3.81, showing growth from the present price of $2.53, which can serve as yet another indication of whether BTG is worth investing in or should be passed over.
How Do You Analyze B2gold Corp Shares?
Apart from looking at the fundamentals, you should also pay attention to the number of company employees who own shares. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 2.16%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 56.88% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
BTG shares are owned by institutional investors to the tune of 56.88% at present.
