B2Gold stock: buy or sell?
February 14th, 2020
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.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
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
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%).
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%).
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 targetHow 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 ShareB2Gold failed experts on March when it reported an Earnings per Share (EPS) of $0.01 when the market consensus was $0.02.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared 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%.
|2013||$599 M||-||$69 M11.6%||-|
|2014||$487 M||-18.81%||$-665.27 M-136.7%||-1,059.30%|
|2015||$554 M||13.77%||$-149.95 M-27.1%||-77.46%|
|2016||$683 M||23.41%||$39 M5.7%||-126.10%|
|2017||$639 M||-6.53%||$57 M8.9%||45.29%|
|2018||$1,225 M||91.81%||$29 M2.4%||-49.10%|
Quarterly financial resultsB2Gold 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%.
|2017-Q1||$194 M||-||$-7 M-3.8%||-|
|2017-Q2||$221 M||14.15%||$28 M12.8%||-488.46%|
|2017-Q3||$154 M||-30.25%||$11 M7.4%||-59.54%|
|2017-Q4||$174 M||12.90%||$30 M17.2%||161.11%|
|2018-Q1||$344 M||97.88%||$56 M16.4%||89.04%|
|2018-Q2||$285 M||-17.28%||$21 M7.3%||-63.16%|
|2018-Q3||$324 M||13.71%||$11 M3.3%||-49.06%|
|2018-Q4||$272 M||-15.98%||$-59 M-21.7%||-656.22%|
B2Gold ownershipWhen 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:
|Market cap||$4.3 B|
|Total shares||1,030.0 M|
|Float shares||1,010.0 M|
|- Institutional holdings (%)||86.9%|
|- Insider holdings (%)||3.1%|
|Shares in short selling||0.0%|
|Friday, February 14th, 2020|
|Day range||$4.11 - $4.23|
|Average true range||$0.12|
|50d mov avg||$3.99|
|100d mov avg||$3.70|
|200d mov avg||$3.39|
B2Gold performanceTo 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: