B2Gold Corp $BTG Shares Acquired by Y Intercept Hong Kong Ltd

Y Intercept Hong Kong Ltd lifted its position in shares of B2Gold Corp (NYSEAMERICAN:BTGFree Report) (TSE:BTO) by 1,692.8% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,697,502 shares of the basic materials company’s stock after purchasing an additional 1,602,820 shares during the period. Y Intercept Hong Kong Ltd owned about 0.13% of B2Gold worth $7,690,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. acquired a new position in shares of B2Gold during the 4th quarter worth about $45,000. Parkway Wealth Management Group LLC acquired a new position in B2Gold in the first quarter valued at approximately $51,000. Jefferies Financial Group Inc. acquired a new position in B2Gold in the fourth quarter valued at approximately $55,000. Cerity Partners LLC purchased a new position in B2Gold in the fourth quarter valued at approximately $55,000. Finally, Inspire Advisors LLC purchased a new position in B2Gold in the fourth quarter valued at approximately $59,000. Institutional investors and hedge funds own 61.40% of the company’s stock.

B2Gold Price Performance

Shares of NYSEAMERICAN:BTG opened at $4.08 on Friday. The firm has a 50 day simple moving average of $4.48 and a 200-day simple moving average of $4.77. B2Gold Corp has a twelve month low of $3.31 and a twelve month 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. The company has a market capitalization of $5.41 billion, a PE ratio of 11.33, a P/E/G ratio of 0.39 and a beta of 0.66.

B2Gold (NYSEAMERICAN:BTGGet Free Report) (TSE:BTO) last posted 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. B2Gold had a net margin of 14.91% and a return on equity of 21.36%. The firm had revenue of $1.16 billion for the quarter, compared to the consensus estimate of $893.41 million. During the same period last year, the firm posted $0.09 EPS. The company’s revenue was up 117.7% on a year-over-year basis. On average, equities analysts predict that B2Gold Corp will post 0.65 EPS for the current fiscal year.

About B2Gold

(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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