B2Gold(BTG)

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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
Group 1: Penny Stocks Overview - Penny stocks, defined as stocks trading under $5 per share, have gained interest following Donald Trump's election, with expectations of favorable tax policies and reduced regulations benefiting these companies [1] - The Russell 2000 index, a small-cap stock proxy, increased by approximately 16% in 2024, but this was significantly lower than the S&P 500's gain of about 27% [2] Group 2: Globalstar Inc. Analysis - Globalstar Inc. (NYSEARCA: GSAT) provides mobile satellite services crucial for Low-Earth Orbit communications, with proprietary satellites ensuring connectivity in remote areas [4] - The company has secured $1.5 billion in funding from Apple to expand its satellite network, nearly doubling its existing capacity, and has partnered with Peiker Holding GmbH for automotive services [5] - In the latest quarter, Globalstar reported revenue of $72.3 million, exceeding expectations by 19.5%, and is approaching profitability [6] - A reverse stock split is planned for 2025, with a ratio between 1-for-10 to 1-for-25, coinciding with its relisting from NYSE to NASDAQ [7] Group 3: B2Gold Corp. Insights - B2Gold Corp. (NYSEAMERICAN: BTG) is positioned as an attractive option for risk-tolerant investors, with operations primarily in geopolitically unstable regions [10] - The company anticipates a 30% year-over-year increase in gold-equivalent ounces due to the commissioning of its Goose project in Canada, supported by a strong balance sheet with $430 million in cash and $201 million in debt [11] - B2Gold's stock trades at a forward price-to-earnings ratio of around 10x, and it offers a dividend yield of 6.18% [11] Group 4: ChargePoint Holdings Inc. Overview - ChargePoint Holdings Inc. (NYSE: CHPT) went public via a SPAC in 2021, initially seen as a strong investment in the automotive sector [12] - Despite growing demand for electric vehicles (EVs), the company faces challenges such as slow charging station development and competition from Tesla and EVgo [14] - ChargePoint remains well-capitalized, reducing bankruptcy risk, and has partnered with General Motors to develop 500 high-speed charging stations, making it an attractive option for long-term investors [15]
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 ...
Big Dividends For Pennies On The Dollar: Barrick Gold Over B2Gold's 6.3% Yield
Seeking Alpha· 2024-12-17 22:00
Gold ( GLD ) and the gold mining sector ( GDX ) have largely traded in lockstep over the past three years. However, in recent months, a large bifurcation has emerged between the two.If you want access to our Portfolios that have crushed the market since inception and all our current Top Picks, join us for a 2-week free trial at High Yield Investor.We are the fastest growing high yield-seeking investment service on Seeking Alpha with a perfect 5/5 rating from 180 reviews.Our members are profiting from our hi ...
B2Gold Maintains Operations at Fekola Mine Amid a Labor Strike
ZACKS· 2024-12-03 13:30
B2Gold Corp. (BTG) has announced that it is monitoring a strike that certain employees of the Fekola Mine in Mali called on Sunday. The strike is expected to continue till Dec. 5, 2024. However, B2Gold is still operating at the Fekola mill at full throughput capacity during the strike.Details on Strike at BTG’s Fekola MineUnder the notice provided to B2Gold by the Fekola workers union, the workers called for a seven-day strike. The strike was mostly called in response to the disciplinary actions the company ...
B2Gold Continuing to Operate at Fekola Mine Despite Temporary Labour Action; Implementation of MOU with State of Mali Continues
GlobeNewswire News Room· 2024-12-02 11:30
VANCOUVER, British Columbia, Dec. 02, 2024 (GLOBE NEWSWIRE) -- B2Gold Corp. (TSX: BTO, NYSE AMERICAN: BTG, NSX: B2G) (“B2Gold” or the “Company”) announces that it is closely monitoring a strike that began on November 29, 2024, by certain employees at the Company’s Fekola Mine in Mali. Under the notice provided to the Company by the Fekola workers union, the strike commenced on November 29, 2024 with a seven day duration ending on December 5, 2024. The Company is continuing to operate the Fekola mill at full ...
B2Gold's Exploration Efforts Yield Promising Results at Goose Project
ZACKS· 2024-11-19 17:21
B2Gold Corp. (BTG) stated that its 2024 drilling campaign at the Goose Project in Nunavut has produced promising findings, highlighting the possibility of resource expansion. The positive drill results illustrate B2Gold's ability to enhance Mineral Resources and extend mine life at the Goose Project. The exploration results demonstrate BTG's commitment to organic expansion and ability to produce value for shareholders.B2Gold’s Drilling HighlightsThe 2024 drilling campaign at the Goose Project has yielded i ...