Workflow
B2Gold: An Unjustified After-Earnings Sell-Off
BTGB2Gold(BTG) Seeking Alpha·2024-08-10 12:28

Max Zolotukhin/iStock via Getty Images Investment thesis My initial bullish thesis about B2Gold (NYSE:BTG) did not age well as the stock saw a big sell off on Friday after the Q2 earnings release. Today I want to review the earnings release and share my insights because I believe that after-earnings sell-off is not justified. I think that Q2 earnings release was solid as the company demonstrated revenue growth higher than consensus estimates. Moreover, the company's key profitability metrics are expanding, ...