Winmill & CO. Inc. Purchases Shares of 300,000 B2Gold Corp $BTG

Winmill & CO. Inc. purchased a new stake in B2Gold Corp (NYSEAMERICAN:BTGFree Report) (TSE:BTO) in the 4th quarter, Holdings Channel reports. The firm purchased 300,000 shares of the basic materials company’s stock, valued at approximately $1,353,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in BTG. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in B2Gold by 11.1% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 387,839 shares of the basic materials company’s stock valued at $1,749,000 after buying an additional 38,598 shares during the period. TD Waterhouse Canada Inc. grew its holdings in B2Gold by 22.1% in the 4th quarter. TD Waterhouse Canada Inc. now owns 422,008 shares of the basic materials company’s stock valued at $1,900,000 after buying an additional 76,384 shares during the period. Ruffer LLP purchased a new stake in B2Gold in the 4th quarter valued at about $2,054,000. Kingswood Wealth Advisors LLC purchased a new stake in B2Gold in the 4th quarter valued at about $65,000. Finally, Concurrent Investment Advisors LLC grew its holdings in shares of B2Gold by 17.5% during the 4th quarter. Concurrent Investment Advisors LLC now owns 26,079 shares of the basic materials company’s stock worth $118,000 after purchasing an additional 3,888 shares during the period. Hedge funds and other institutional investors own 61.40% of the company’s stock.

B2Gold Price Performance

Shares of NYSEAMERICAN:BTG opened at $4.21 on Monday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.59 and a current ratio of 1.19. B2Gold Corp has a 1 year low of $3.31 and a 1 year high of $6.28. The stock has a market capitalization of $5.59 billion, a P/E ratio of 11.69, a PEG ratio of 0.40 and a beta of 0.61. The stock has a 50-day simple moving average of $4.70 and a 200-day simple moving average of $4.82.

B2Gold (NYSEAMERICAN:BTGGet Free Report) (TSE:BTO) last issued its earnings results on Wednesday, May 6th. The basic materials company reported $0.19 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.11 by $0.08. B2Gold had a return on equity of 21.36% and a net margin of 14.91%.The business had revenue of $1.16 billion during the quarter, compared to analysts’ expectations of $893.41 million. During the same quarter in the previous year, the business earned $0.09 EPS. The company’s revenue for the quarter was up 117.7% on a year-over-year basis. Equities analysts forecast that B2Gold Corp will post 0.65 earnings per share for the current year.

B2Gold Profile

(Free Report)

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.

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Institutional Ownership by Quarter for B2Gold (NYSEAMERICAN:BTG)

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