OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $8.31 Million Holdings in B2Gold Corp $BTG

OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC cut its holdings in shares of B2Gold Corp (NYSEAMERICAN:BTG – Free Report) (TSE:BTO) by 10.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,842,462 shares of the basic materials company’s stock after selling 213,692 shares during the quarter. B2Gold comprises 1.0% of OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC’s investment portfolio, making the stock its 23rd 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 SEC filing.

Other large investors also recently modified their holdings of the company. Norges Bank acquired a new position in shares of B2Gold in the fourth quarter valued at $75,333,000. Marshall Wace LLP raised its stake in shares of B2Gold by 1,124.3% in the fourth quarter. Marshall Wace LLP now owns 8,556,658 shares of the basic materials company’s stock valued at $38,591,000 after purchasing an additional 7,857,774 shares in the last quarter. Deutsche Bank AG raised its stake in shares of B2Gold by 68.5% in the fourth quarter. Deutsche Bank AG now owns 15,447,214 shares of the basic materials company’s stock valued at $69,667,000 after purchasing an additional 6,281,975 shares in the last quarter. BNP Paribas Financial Markets raised its stake in shares of B2Gold by 264.6% in the fourth quarter. BNP Paribas Financial Markets now owns 6,722,021 shares of the basic materials company’s stock valued at $30,316,000 after purchasing an additional 4,878,576 shares in the last quarter. Finally, Morgan Stanley raised its stake in shares of B2Gold by 39.9% in the fourth quarter. Morgan Stanley now owns 12,635,354 shares of the basic materials company’s stock valued at $56,985,000 after purchasing an additional 3,602,147 shares in the last quarter. 61.40% of the stock is currently owned by institutional investors and hedge funds.

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B2Gold Stock Performance

Shares of NYSEAMERICAN BTG opened at $4.47 on Tuesday. The business has a fifty day simple moving average of $4.69 and a 200 day simple moving average of $4.82. The company has a current ratio of 1.19, a quick ratio of 0.59 and a debt-to-equity ratio of 0.13. The firm has a market capitalization of $5.93 billion, a price-to-earnings ratio of 12.42, a PEG ratio of 0.40 and a beta of 0.61. B2Gold Corp has a one year low of $3.31 and a one year high of $6.28.

B2Gold (NYSEAMERICAN:BTG – Get Free Report) (TSE:BTO) last issued its earnings results 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 business had revenue of $1.16 billion during 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%.B2Gold’s revenue was up 117.7% on a year-over-year basis. During the same period in the prior year, the company posted $0.09 earnings per share. Sell-side analysts expect that B2Gold Corp will post 0.65 EPS 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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