Winmill & CO. Inc. Invests $1.35 Million in B2Gold Corp $BTG

Winmill & CO. Inc. purchased a new position in shares of B2Gold Corp (NYSEAMERICAN:BTG) (TSE:BTO) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 300,000 shares of the basic materials company’s stock, valued at approximately $1,353,000.

Several other institutional investors have also recently added to or reduced their stakes in the company. StoneX Group Inc. raised its stake in B2Gold by 2.1% in the 4th quarter. StoneX Group Inc. now owns 118,518 shares of the basic materials company’s stock valued at $535,000 after purchasing an additional 2,490 shares during the last quarter. Concurrent Investment Advisors LLC raised its stake in B2Gold by 17.5% in the 4th quarter. Concurrent Investment Advisors LLC now owns 26,079 shares of the basic materials company’s stock valued at $118,000 after purchasing an additional 3,888 shares during the last quarter. SBI Securities Co. Ltd. raised its stake in B2Gold by 17.5% in the 4th quarter. SBI Securities Co. Ltd. now owns 28,432 shares of the basic materials company’s stock valued at $128,000 after purchasing an additional 4,236 shares during the last quarter. Advyzon Investment Management LLC raised its stake in B2Gold by 12.6% in the 4th quarter. Advyzon Investment Management LLC now owns 52,209 shares of the basic materials company’s stock valued at $235,000 after purchasing an additional 5,842 shares during the last quarter. Finally, Centric Wealth Management raised its stake in B2Gold by 28.8% in the 4th quarter. Centric Wealth Management now owns 28,991 shares of the basic materials company’s stock valued at $142,000 after purchasing an additional 6,491 shares during the last quarter. Institutional investors and hedge funds own 61.40% of the company’s stock.

B2Gold Stock Performance

Shares of BTG stock opened at $4.21 on Monday. The firm has a 50-day moving average price of $4.70 and a 200 day moving average price of $4.82. B2Gold Corp has a twelve month low of $3.31 and a twelve month high of $6.28. The company has a market capitalization of $5.59 billion, a price-to-earnings ratio of 11.69, a PEG ratio of 0.40 and a beta of 0.61. The company has a current ratio of 1.19, a quick ratio of 0.59 and a debt-to-equity ratio of 0.13.

B2Gold (NYSEAMERICAN:BTG) (TSE:BTO) last announced its earnings results 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. B2Gold had a net margin of 14.91% and a return on equity of 21.36%. The firm had revenue of $1.16 billion during the quarter, compared to the consensus estimate of $893.41 million. During the same quarter in the previous year, the company posted $0.09 EPS. The firm’s revenue for the quarter was up 117.7% on a year-over-year basis. Research analysts forecast that B2Gold Corp will post 0.65 earnings per share for the current fiscal year.

B2Gold Company Profile

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.