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Why B2Gold (BTG) Dipped More Than Broader Market Today
ZACKS· 2025-02-01 00:01
Company Performance - B2Gold (BTG) closed at $2.42, reflecting a -0.82% change from the previous session, underperforming compared to the S&P 500's loss of 0.51% [1] - Over the last month, B2Gold's shares decreased by 5.79%, while the Basic Materials sector gained 4.34% and the S&P 500 gained 2.87% [1] Upcoming Earnings - B2Gold's earnings report is scheduled for February 19, 2025, with analysts expecting earnings of $0.07 per share, indicating no growth from the previous year [2] Analyst Estimates - Recent changes to analyst estimates for B2Gold are important as they reflect the evolving business trends, with upward revisions indicating positive sentiment towards the company's profitability [3] Zacks Rank and Performance - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), shows B2Gold currently holds a rank of 3 (Hold) [5] - The Zacks Consensus EPS estimate for B2Gold has decreased by 5.43% in the past month [5] Valuation Metrics - B2Gold is trading at a Forward P/E ratio of 5.9, which is below the industry's average Forward P/E of 10.76 [6] - The company has a PEG ratio of 0.27, compared to the industry average PEG ratio of 0.62 [6] Industry Context - The Mining - Gold industry, part of the Basic Materials sector, has a Zacks Industry Rank of 89, placing it in the top 36% of over 250 industries [7] - Strong industry rankings correlate with stock performance, with the top 50% rated industries outperforming the bottom half by a factor of 2 to 1 [7]
B2Gold: Strong Cash Flows, Operational Success Should Bring Significant Growth
Seeking Alpha· 2025-01-31 18:05
Group 1 - The individual has 15 years of experience in the financial sector, focusing on analysis and risk management across investment banks, commercial banks, and insurance companies [1] - The goal is to identify companies that provide both growth and value, emphasizing the importance of investing in undervalued companies with strong growth potential [1] - The individual holds two Master's degrees in Management and Science, which may lend credibility to their analysis despite the belief that qualifications do not necessarily equate to intelligence [1] Group 2 - The individual has a beneficial long position in BTG shares, indicating a personal investment interest in the company [2] - The article expresses personal opinions and is not influenced by compensation from any company mentioned [2] - There is no business relationship with any company whose stock is discussed in the article, ensuring an independent perspective [2]
B2Gold Fourth Quarter and Full Year 2024 Financial Results – Conference Call Details
Newsfilter· 2025-01-29 23:30
VANCOUVER, British Columbia, Jan. 29, 2025 (GLOBE NEWSWIRE) -- B2Gold Corp. (TSX:BTO, NYSE:BTG, NSX: B2G)) ("B2Gold" or the "Company") will release its fourth quarter and full year 2024 financial results after the North American markets close on Wednesday, February 19, 2025. B2Gold executives will host a conference call to discuss the results on Thursday, February 20, 2025, at 8:00 am PT / 11:00 am ET. Participants may register for the conference call here: registration link. Upon registering, participants ...
B2Gold Completes Upsized Offering of Convertible Senior Notes
Newsfilter· 2025-01-28 22:00
VANCOUVER, British Columbia, Jan. 28, 2025 (GLOBE NEWSWIRE) -- B2Gold Corp. (TSX:BTO, NYSE:BTG, NSX: B2G)) ("B2Gold" or the "Company") has closed its previously announced offering of 2.75% convertible senior unsecured notes due 2030 (the "Notes") in an aggregate principal amount of US$460 million (the "Offering"), which includes exercise of the full amount of the option to purchase an additional US$60 million aggregate principal amount of Notes. The initial conversion rate for the Notes is 315.2088 common s ...
B2Gold (BTG) Ascends But Remains Behind Market: Some Facts to Note
ZACKS· 2025-01-18 00:20
Stock Performance - B2Gold closed at $2 39, up 0 42% from the previous session, underperforming the S&P 500's 1% gain, the Dow's 0 78% gain, and the Nasdaq's 1 51% gain [1] - Over the past month, B2Gold shares depreciated by 2 46%, outperforming the Basic Materials sector's 3 81% loss but lagging the S&P 500's 2 14% loss [1] Earnings and Analyst Expectations - Analysts expect B2Gold to report earnings of $0 07 per share in the upcoming earnings disclosure, showing no growth from the prior-year quarter [2] - Recent changes in analyst estimates reflect evolving short-term business trends, with upbeat revisions indicating a favorable outlook on the company's business health and profitability [3] - The consensus EPS projection for B2Gold has moved 6% lower within the past 30 days [5] Valuation Metrics - B2Gold is trading at a Forward P/E ratio of 5 79, a discount compared to the industry average of 9 73 [5] - The company has a PEG ratio of 0 27, lower than the Mining - Gold industry average of 0 56 [6] Industry and Sector Performance - The Mining - Gold industry, part of the Basic Materials sector, holds a Zacks Industry Rank of 79, placing it in the top 32% of all 250+ industries [6] - The Zacks Industry Rank shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7] Zacks Rank and Stock Performance - B2Gold currently has a Zacks Rank of 3 (Hold) [5] - The Zacks Rank system, which considers estimate changes, has a proven track record, with 1 stocks returning an average of +25% annually since 1988 [5]
B2Gold Reports Y/Y Decrease in Q4 Gold Production & Revenues
ZACKS· 2025-01-14 18:46
B2Gold Corp. (BTG) announced its total consolidated gold production for fourth-quarter 2024 at 186,001 ounces. Better-than-expected production at Masbate and Otjikoto offset lower production levels at Fekola in the quarter.In the fourth quarter of 2023, B2Gold’s gold production from these three mines was 270,611 ounces.BTG’s consolidated gold revenues in fourth-quarter 2024 were $500 million, down 2.3% year over year. In the quarter, the company sold 187,793 ounces at an average realized gold price of $2,66 ...
B2Gold Announces Amended Shareholder Return Strategy, including New Dividend Framework and Intention to Implement a Normal Course Issuer Bid
Newsfilter· 2025-01-13 23:30
VANCOUVER, British Columbia, Jan. 13, 2025 (GLOBE NEWSWIRE) -- B2Gold Corp. (TSX:BTO, NYSE:BTG, NSX: B2G)) ("B2Gold" or the "Company") announces amendments to its shareholder returns strategy to increase financial flexibility as it completes its current phase of organic growth, including the anticipated commencement of initial production from Fekola Regional in Mali, the completion of construction of the Goose Mine in Nunavut, Canada, the development of the Antelope deposit at the Otjikoto Mine in Namibia, ...
3 Promising Penny Stocks to Watch for Long-Term Gains in 2025
MarketBeat· 2025-01-09 12:45
Penny stocks, loosely defined as stocks that trade for under $5 per share, have drawn renewed interest from traders and investors ever since the election of Donald Trump as president of the United States. The idea is that the incoming administration will enact tax policies and lower regulatory barriers that will work to the advantage of these companies whose stocks underperformed the S&P 500 in 2024. That’s not to say that all small-cap stocks performed poorly in 2024. The Russell 2000 index, considered a ...
B2Gold (BTG) Suffers a Larger Drop Than the General Market: Key Insights
ZACKS· 2024-12-28 00:20
B2Gold (BTG) closed the latest trading day at $2.47, indicating a -1.2% change from the previous session's end. The stock's change was less than the S&P 500's daily loss of 1.11%. Elsewhere, the Dow saw a downswing of 0.77%, while the tech-heavy Nasdaq depreciated by 1.49%.The gold, silver and copper miner's stock has dropped by 13.5% in the past month, falling short of the Basic Materials sector's loss of 8.24% and the S&P 500's gain of 0.4%.Investors will be eagerly watching for the performance of B2Gold ...
Wall Street Analysts Think B2Gold (BTG) Is a Good Investment: Is It?
ZACKS· 2024-12-27 15:31
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about B2Gold (BTG) .B2Gold currently has an average brokerage recommendation (AB ...