B2gold Corp (AMEX:BTG) price closed lower on Friday, April 12, dropping -0.34% below its previous close.
A look at the daily price movement shows that the last close reads $2.90. The company’s P/E ratio in the trailing 12-month period read 124.57. Taking into account the 52-week price action we note that the stock hit a 52-week high of $4.40 and 52-week low of $2.34. The stock added 8.65% on its value in the past month.
B2gold Corp, which has a market valuation of $3.77 billion. The company stock has a Forward Dividend ratio of 0.16, while the dividend yield is 5.54%. It is understandable that investor optimism is growing ahead of the company’s current quarter results.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give BTG a short term outlook of Hold on average. Looking at the stock’s medium term indicators we note that it is averaging as a 50% Sell, while an average of long term indicators are currently assigning the stock as 50% Sell.
If we dive deeper into the stock’s performance we see the positive picture represented by the PEG ratio, currently standing at 6.23. The overview shows that BTG’s price is at present 8.44% off the SMA20 and 10.28% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 61.74, with weekly volatility standing at 4.23%. The indicator jumps to 3.94% when calculated based on the past 30 days. B2gold Corp (AMEX:BTG)’s beta value is holding at 1.11, while the average true range (ATR) indicator is currently reading 0.11. An analysis of the B2gold Corp (AMEX:BTG) stock in terms of its daily trading volume indicates that the 3-month average is 11.91 million.
Current records show that the company has 1.30B in outstanding shares. The insiders’ percentage holdings are 1.09% of outstanding shares while the percentage share held by institutions stands at 65.58%. But the -8.54% downside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.
