Company Performance - B2Gold (BTG) closed at $4.80, marking a +1.48% move from the prior day, outperforming the S&P 500's daily loss of 0.03% [1] - Over the past month, B2Gold shares gained 5.82%, lagging behind the Basic Materials sector's gain of 9.22% but outpacing the S&P 500's gain of 2.57% [1] Earnings Projections - B2Gold is projected to report earnings of $0.22 per share, representing year-over-year growth of 2100% [2] - For the entire fiscal year, earnings are estimated at $0.56 per share and revenue at $3.12 billion, indicating changes of +250% and +63.82% from the previous year [2] Analyst Estimates - Changes in analyst estimates for B2Gold are crucial as they reflect near-term business trends and analysts' confidence in performance and profit potential [3] - The Zacks Rank system, which evaluates these estimate changes, indicates a current Zacks Rank of 3 (Hold) for B2Gold, with the consensus EPS estimate moving 5.76% lower over the past month [5] Valuation Metrics - B2Gold's Forward P/E ratio is 8.51, which is a discount compared to the industry average Forward P/E of 17.73 [6] - The Mining - Gold industry, part of the Basic Materials sector, has a Zacks Industry Rank of 47, placing it within the top 20% of over 250 industries [6]
Why the Market Dipped But B2Gold (BTG) Gained Today