Eschler Asset Management LLP Buys Shares of 469,257 B2Gold Corp $BTG

Eschler Asset Management LLP bought a new stake in shares of B2Gold Corp (NYSEAMERICAN:BTG) (TSE:BTO) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 469,257 shares of the basic materials company’s stock, valued at approximately $2,116,000. B2Gold accounts for 1.4% of Eschler Asset Management LLP’s holdings, making the stock its 18th largest position.

Other institutional investors also recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. acquired a new stake in shares of B2Gold during the 4th quarter valued at $45,000. Jefferies Financial Group Inc. bought a new position in B2Gold during the fourth quarter valued at approximately $55,000. Cerity Partners LLC bought a new position in B2Gold during the fourth quarter valued at approximately $55,000. Inspire Advisors LLC bought a new position in B2Gold during the fourth quarter valued at approximately $59,000. Finally, Kingswood Wealth Advisors LLC bought a new position in B2Gold during the fourth quarter valued at approximately $65,000. Institutional investors and hedge funds own 61.40% of the company’s stock.

B2Gold Price Performance

Shares of BTG opened at $4.21 on Friday. The firm has a market cap of $5.59 billion, a PE ratio of 11.69, a PEG ratio of 0.40 and a beta of 0.61. The firm’s 50 day moving average price is $4.70 and its 200 day moving average price is $4.81. 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 twelve month low of $3.31 and a twelve month high of $6.28.

B2Gold (NYSEAMERICAN:BTG) (TSE:BTO) last issued its quarterly earnings data on Wednesday, May 6th. The basic materials company reported $0.19 earnings per share for the quarter, beating the consensus estimate 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 net margin of 14.91% and a return on equity of 21.36%. The company’s revenue for the quarter was up 117.7% on a year-over-year basis. During the same quarter last year, the firm earned $0.09 earnings per share. As a group, research analysts expect that B2Gold Corp will post 0.65 EPS for the current fiscal year.

About B2Gold

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.