OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC Sells 213,692 Shares of B2Gold Corp $BTG

OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC decreased its stake in shares of B2Gold Corp (NYSEAMERICAN:BTG) (TSE:BTO) by 10.4% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 1,842,462 shares of the basic materials company’s stock after selling 213,692 shares during the period. B2Gold accounts for about 0.9% of OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC’s portfolio, making the stock its 24th largest holding. OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in B2Gold were worth $8,310,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of BTG. StoneX Group Inc. lifted its position in B2Gold by 2.1% during the fourth quarter. StoneX Group Inc. now owns 118,518 shares of the basic materials company’s stock worth $535,000 after acquiring an additional 2,490 shares during the last quarter. Concurrent Investment Advisors LLC grew its position in shares of B2Gold by 17.5% in the fourth quarter. Concurrent Investment Advisors LLC now owns 26,079 shares of the basic materials company’s stock valued at $118,000 after purchasing an additional 3,888 shares during the last quarter. SBI Securities Co. Ltd. grew its position in shares of B2Gold by 17.5% in the fourth quarter. SBI Securities Co. Ltd. now owns 28,432 shares of the basic materials company’s stock valued at $128,000 after purchasing an additional 4,236 shares during the last quarter. Advyzon Investment Management LLC increased its stake in shares of B2Gold by 12.6% during the fourth quarter. Advyzon Investment Management LLC now owns 52,209 shares of the basic materials company’s stock worth $235,000 after purchasing an additional 5,842 shares during the period. Finally, Centric Wealth Management increased its stake in shares of B2Gold by 28.8% during the fourth quarter. Centric Wealth Management now owns 28,991 shares of the basic materials company’s stock worth $142,000 after purchasing an additional 6,491 shares during the period. 61.40% of the stock is owned by institutional investors.

B2Gold Stock Performance

NYSEAMERICAN:BTG opened at $4.30 on Friday. The stock has a 50 day simple moving average of $4.67 and a 200 day simple moving average of $4.81. The stock has a market cap of $5.70 billion, a P/E ratio of 11.94, a PEG ratio of 0.41 and a beta of 0.61. B2Gold Corp has a 1-year low of $3.31 and a 1-year high of $6.28. The company has a current ratio of 1.19, a quick ratio of 0.59 and a debt-to-equity ratio of 0.13.

B2Gold (NYSEAMERICAN:BTG) (TSE:BTO) last issued its quarterly earnings data on Wednesday, May 6th. The basic materials company reported $0.19 EPS for the quarter, beating analysts’ consensus estimates of $0.11 by $0.08. The firm had revenue of $1.16 billion for the quarter, compared to analyst estimates of $893.41 million. B2Gold had a return on equity of 21.36% and a net margin of 14.91%.The company’s revenue for the quarter was up 117.7% on a year-over-year basis. During the same period in the prior year, the firm posted $0.09 EPS. Research analysts anticipate that B2Gold Corp will post 0.65 earnings per share for the current year.

B2Gold Company Profile

B2Gold Corp. is a Canadian-based intermediate gold producer with a diversified portfolio of operating mines and advanced-stage development projects. Founded in 2007 through the merger of Bema Gold and CGA Mining, the company has grown to become one of the world’s largest new gold producers. Headquartered in Vancouver, British Columbia, B2Gold focuses on efficient, low-cost operations across several continents, combining exploration, development and production within a single strategic framework.

The company’s flagship assets include the Fekola mine in Mali, which commenced production in 2017, the Otjikoto mine in Namibia, and the Masbate mine in the Philippines.