B2Gold stock: buy or sell?

BTG stock price: $4.14 -0.72% At close on February 14th, 2020

Updated on:
February 14th, 2020

4

B2Gold slightly fell an ugly -0.72% and closed at $4.14.

B2Gold Corp., together with its subsidiaries, engages in the exploration and development of mineral properties in Nicaragua, the Philippines, Namibia, Mali, Colombia, Burkina Faso, and Finland.

Should I buy B2Gold stock?

You can't be a successful trader if you don't follow a methodolgy or system that assist you in choosing companies and the correct market timing. That's why is so important to choose your own trading strategy that fits your character as inversor. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.

None of our preferred buy setups matches with B2Gold stock situation right now, therefore this is not a suitable entry point.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This is not a selling recommendation at all, just it's not the best moment to buy if you follow any of these trading strategies.

Is B2Gold stock a buy?

Everyday, hundreds of stock ratings are published by financial analysts to indicate a particular stock's attractiveness. Unfortunately, we couldn't find any rating for BTG stock for the last month.

B2Gold stock analysis

Daily outlook

B2Gold closed on Feb 14th at $4.14 and slightly fell an ugly -0.72%.

Shares of B2Gold slightly fell an ugly -0.72% and closed at $4.14. BTG is soaring again after a 3.94% correction from its last top on February 7th at $4.31. Since price and SMA100d lines crossed up on October, BTG climbed $0.89 (27.38%).

BTG stock chart (daily)

Weekly outlook

Shares of B2Gold ended this week at $4.14 and declined a disappointing -0.96%. Late December 2019 BTG rocketed a dazzling 9.00% in just one week.

BTG shows a long term strength with several rising tops and rising bottoms. It left a new bottom at $4.07 last week. Previous top ($4.46) will play as a resistance in possible new gains. Since early June 2019 when BTG stock price broke up the SMA40w line, it gained $1.45 (53.90%).

BTG stock chart (weekly)

B2Gold stock price history

B2Gold stock went public on June 26th, 2008 with a price of $1.171. Since then, BTG stock grew a 253.80%, with an average of 23.10% per year. If you had invested $1,000 in B2Gold stock in 2008, it would worth $2,538.00 today.

1: Adjusted price after possible price splits or reverse-splits.

B2Gold stock historical price chart

BTG stock reached 52-week highs on January 27th at $4.46, and all-time highs 2012-04-03 with a price of 4.56.

B2Gold stock price target

How much a stock will be priced tomorrow or next week is quite unpredictable However, many stock price predictions are published every day by banks, financial institutions and independent analysts. You should not follow the analysts' BTG stock price predictions in the hope that they will be met as they may be wrong and not met. For the last 30 days we have not found any price prediction for B2Gold stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

B2Gold failed experts on March when it reported an Earnings per Share (EPS) of $0.01 when the market consensus was $0.02.
BTG earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q1-n/an/an/a
2017-Q2-n/an/an/a
2017-Q3-n/an/an/a
2017-Q42018-03-150.020.01-50.0%
2018-Q12018-05-090.070.06-14.3%
2018-Q22018-08-070.050.050.0%
2018-Q32018-11-060.050.050.0%
2018-Q42019-03-120.020.01-50.0%
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a

Annual financial results

Compared to 2017, last anual turnover report draw an extraordinary gain of 91.81% to $1,225.06 M USD. When comparing 2018 vs 2017, however, profit margin (that is, the net income divided by revenues) dropped a -6.54% to 2.36%.

BTG annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$599 M-$69 M11.6%-
2014$487 M-18.81%$-665.27 M-136.7%-1,059.30%
2015$554 M13.77%$-149.95 M-27.1%-77.46%
2016$683 M23.41%$39 M5.7%-126.10%
2017$639 M-6.53%$57 M8.9%45.29%
2018$1,225 M91.81%$29 M2.4%-49.10%

Quarterly financial results

B2Gold reported $272.11 M in revenues for 2018-Q4, a -15.98% decline compared to previous quarter. Reported quarter income marked $-58.95 million with a profit margin of -21.66%. Profit margin collapsed a -24.94% compared to previous quarter when profit margin was 3.27%. When comparing revenues to same quarter last year, B2Gold sales marked an exceptional increase and skyrocketed a 56.40%.
BTG quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q1$194 M-$-7 M-3.8%-
2017-Q2$221 M14.15%$28 M12.8%-488.46%
2017-Q3$154 M-30.25%$11 M7.4%-59.54%
2017-Q4$174 M12.90%$30 M17.2%161.11%
2018-Q1$344 M97.88%$56 M16.4%89.04%
2018-Q2$285 M-17.28%$21 M7.3%-63.16%
2018-Q3$324 M13.71%$11 M3.3%-49.06%
2018-Q4$272 M-15.98%$-59 M-21.7%-656.22%

B2Gold ownership

When you are planning to invest in shares of a stock, it's always worth to check its ownership structure.

Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For B2Gold, 3.06% of all outstanding shares are owned by its staff.

Bearish positions for BTG stock account 0.00%, no big difference from last month.

The following table compares ownership indicators for other stocks related to B2Gold:

BTG
Market cap$4.3 B
Total shares1,030.0 M
Float shares1,010.0 M
  - Institutional holdings (%)86.9%
  - Insider holdings (%)3.1%
Shares in short selling0.0%

B2Gold summary

Friday, February 14th, 2020
Open$4.17
Close$4.14
Day range$4.11 - $4.23
Previous close$4.17
Session gain-0.72%
Average true range$0.12
50d mov avg$3.99
100d mov avg$3.70
200d mov avg$3.39
Daily patternlb01a
Weekly pattern lb03a

B2Gold performance

To better understand B2Gold performance you must compare its gains with other related stocks in same sector or industry. We compared B2Gold against in the following table:
Stock3m6m12m
BTGB2Gold18.62%15.97%38.46%

B2Gold competitors

Unfortunately, we could not find any public company that could be defined as B2Gold competitor. This doesn't mean B2Gold does not have any competitor in the market, it's just we could not detected it.