B2gold Corp Stock Today

BTG Stock  USD 2.52  0.02  0.79%   

Performance

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Odds Of Distress

Less than 1

 
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B2Gold Corp is trading at 2.52 as of the 3rd of May 2024. This is a -0.79 percent down since the beginning of the trading day. The stock's lowest day price was 2.5. B2Gold Corp has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for B2Gold Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of May 2023 and ending today, the 3rd of May 2024. Click here to learn more.
Business Domain
Materials
IPO Date
24th of June 2008
Category
Basic Materials
B2Gold Corp. operates as a gold producer with three operating mines in Mali, the Philippines, and Namibia. The company was incorporated in 2006 and is headquartered in Vancouver, Canada. B2Gold Corp operates under Gold classification in the United States and is traded on AMEX Exchange.. The company has 1.3 B outstanding shares of which 15.36 M shares are currently shorted by investors with about 0.86 days to cover. More on B2Gold Corp

B2Gold Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. B2Gold Corp's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding B2Gold Corp or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEOClive Johnson
Thematic Ideas
(View all Themes)
Old Names[BTG International Ltd, Blue Tax Group SA]
Business ConcentrationMetals & Mining, Materials, Basic Materials, Stock Exchange Of, SET100 Index, Precious Metals, Gold and Gold Mining, Materials, Metals & Mining, Gold, Basic Materials (View all Sectors)
Average Analyst Recommendation
Analysts covering B2Gold Corp report their recommendations after researching B2Gold Corp's financial statements, talking to executives and customers, or listening in on B2Gold Corp's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering B2Gold Corp. The B2Gold consensus assessment is calculated by taking the average forecast from all of the analysts covering B2Gold Corp.
Financial Strength
Based on the analysis of B2Gold Corp's profitability, liquidity, and operating efficiency, B2Gold Corp is performing exceptionally good at the present time. It has a great likelihood to report excellent financial results in June. Financial strength of B2Gold Corp is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.290.4062
Way Down
Slightly volatile
Gross Profit Margin0.280.4033
Way Down
Pretty Stable
Total Current Liabilities162.2 M311.9 M
Way Down
Slightly volatile
Non Current Liabilities Total396 M647.8 M
Way Down
Slightly volatile
Total Assets5.1 B4.8 B
Sufficiently Up
Slightly volatile
Total Current Assets413.8 M707.1 M
Way Down
Slightly volatile
B2Gold Corp's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to B2Gold Corp's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand B2Gold Corp's financial leverage. It provides some insight into what part of B2Gold Corp's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on B2Gold Corp's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how B2Gold Corp deploys its capital and how much of that capital is borrowed.
Liquidity
B2Gold Corp cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 191.14 M in debt with debt to equity (D/E) ratio of 0.02, which may show that the company is not taking advantage of profits from borrowing. B2Gold Corp has a current ratio of 5.11, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Debt can assist B2Gold Corp until it has trouble settling it off, either with new capital or with free cash flow. So, B2Gold Corp's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like B2Gold Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for B2Gold to invest in growth at high rates of return. When we think about B2Gold Corp's use of debt, we should always consider it together with cash and equity.

Investments

(644.62 Million)
B2Gold Corp (BTG) is traded on NYSE MKT Exchange in USA. It is located in Park Place, Vancouver, BC, Canada, V6C 2X8 and employs 38 people. B2Gold Corp is listed under Metals & Mining category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 3.32 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate B2Gold Corp's market, we take the total number of its shares issued and multiply it by B2Gold Corp's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. B2Gold Corp runs under Metals & Mining sector within Materials industry. The entity has 1.3 B outstanding shares of which 15.36 M shares are currently shorted by investors with about 0.86 days to cover. B2Gold Corp has about 549.46 M in cash with 722.89 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.51.
Check B2Gold Corp Probability Of Bankruptcy
Ownership Allocation
B2Gold Corp holds a total of 1.3 Billion outstanding shares. Over half of B2Gold Corp's outstanding shares are owned by other corporate entities. These other corporate entities are typically referred to as corporate investors that acquire positions in a given instrument to benefit from reduced trade commissions. Hence, these institutions are subject to different rules and regulations than regular investors in B2Gold Corp. Please watch out for any change in the institutional holdings of B2Gold Corp as this could mean something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the entity is less than the current market value, you may not be able to make money on it.
Check B2Gold Ownership Details

B2Gold Stock Price Odds Analysis

In reference to a normal probability distribution, the odds of B2Gold Corp jumping above the current price in 90 days from now is about 73.98%. The B2Gold Corp probability density function shows the probability of B2Gold Corp stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.5229 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, B2Gold Corp will likely underperform. Additionally, b2Gold Corp has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
  Odds Below 2.52HorizonTargetOdds Above 2.52
25.83%90 days
 2.52 
73.98%
Based on a normal probability distribution, the odds of B2Gold Corp to move above the current price in 90 days from now is about 73.98 (This B2Gold Corp probability density function shows the probability of B2Gold Stock to fall within a particular range of prices over 90 days) .

B2Gold Corp Historical Income Statement

B2Gold Corp Income Statement is one of the three primary financial statements used for reporting B2Gold's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of B2Gold Corp revenue and expense. B2Gold Corp Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, B2Gold Corp's Total Revenue is most likely to increase significantly in the upcoming years. The B2Gold Corp's current Gross Profit is estimated to increase to about 834 M, while Selling General Administrative is projected to decrease to roughly 56.7 M. View More Fundamentals

B2Gold Stock Against Markets

Picking the right benchmark for B2Gold Corp stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in B2Gold Corp stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for B2Gold Corp is critical whether you are bullish or bearish towards B2Gold Corp at a given time. Please also check how B2Gold Corp's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in B2Gold Corp without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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B2Gold Corp Corporate Directors

B2Gold Corp corporate directors refer to members of a B2Gold Corp board of directors. The board of directors generally takes responsibility for the B2Gold Corp's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of B2Gold Corp's board members must vote for the resolution. The B2Gold Corp board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Barry RaymentIndependent DirectorProfile
Jerry KorpanIndependent DirectorProfile
Mark ConnellyDirectorProfile
Bongani MtshisiIndependent DirectorProfile

How to buy B2Gold Stock?

Before investing in B2Gold Corp, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in B2Gold Corp. To buy B2Gold Corp stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of B2Gold Corp. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase B2Gold Corp stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located B2Gold Corp stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased B2Gold Corp stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as B2Gold Corp, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy B2Gold Stock please use our How to Invest in B2Gold Corp guide.

Already Invested in B2Gold Corp?

The danger of trading B2Gold Corp is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of B2Gold Corp is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than B2Gold Corp. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile B2Gold Corp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether B2Gold Corp is a strong investment it is important to analyze B2Gold Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact B2Gold Corp's future performance. For an informed investment choice regarding B2Gold Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in B2Gold Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For more detail on how to invest in B2Gold Stock please use our How to Invest in B2Gold Corp guide.
You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

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When running B2Gold Corp's price analysis, check to measure B2Gold Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy B2Gold Corp is operating at the current time. Most of B2Gold Corp's value examination focuses on studying past and present price action to predict the probability of B2Gold Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move B2Gold Corp's price. Additionally, you may evaluate how the addition of B2Gold Corp to your portfolios can decrease your overall portfolio volatility.
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Is B2Gold Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of B2Gold Corp. If investors know B2Gold will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about B2Gold Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.684
Dividend Share
0.16
Earnings Share
0.01
Revenue Per Share
1.57
Quarterly Revenue Growth
(0.14)
The market value of B2Gold Corp is measured differently than its book value, which is the value of B2Gold that is recorded on the company's balance sheet. Investors also form their own opinion of B2Gold Corp's value that differs from its market value or its book value, called intrinsic value, which is B2Gold Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because B2Gold Corp's market value can be influenced by many factors that don't directly affect B2Gold Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between B2Gold Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if B2Gold Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, B2Gold Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.