B2Gold (NYSE:BTG) Sees Large Volume Increase

B2Gold Corp. (NYSE:BTGGet Rating) saw an uptick in trading volume on Wednesday . 1,305,704 shares traded hands during mid-day trading, a decline of 87% from the previous session’s volume of 9,821,571 shares.The stock last traded at $3.24 and had previously closed at $3.22.

Wall Street Analysts Forecast Growth

Separately, StockNews.com downgraded B2Gold from a “buy” rating to a “hold” rating in a research note on Monday, August 8th.

B2Gold Stock Down 1.0 %

The company has a debt-to-equity ratio of 0.02, a current ratio of 4.64 and a quick ratio of 3.25. The firm has a 50-day simple moving average of $3.32 and a two-hundred day simple moving average of $3.87. The company has a market cap of $3.32 billion, a PE ratio of 9.55 and a beta of 1.03.

B2Gold (NYSE:BTGGet Rating) last released its quarterly earnings results on Wednesday, August 3rd. The company reported $0.04 earnings per share for the quarter, missing the consensus estimate of $0.05 by ($0.01). The company had revenue of $381.99 million for the quarter. B2Gold had a return on equity of 11.73% and a net margin of 21.21%. Research analysts anticipate that B2Gold Corp. will post 0.34 earnings per share for the current fiscal year.

About B2Gold

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B2Gold Corp. operates as a gold producer with three operating mines in Mali, the Philippines, and Namibia. It operates the Fekola Mine in Mali, the Masbate Mine in the Philippines, and the Otjikoto Mine in Namibia. The company also has an 25% interest in the Calibre Mining Corp.; and approximately 19% interest in BeMetals Corp.

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