OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC Sells 213,692 Shares of B2Gold Corp $BTG

OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC lowered its stake in shares of B2Gold Corp (NYSEAMERICAN:BTG) (TSE:BTO) by 10.4% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm 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 portfolio, making the stock its 23rd largest holding. OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.14% of B2Gold worth $8,310,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. bought a new stake in B2Gold during the fourth quarter worth approximately $45,000. Jefferies Financial Group Inc. bought a new stake in B2Gold during the fourth quarter worth approximately $55,000. Cerity Partners LLC acquired a new position in shares of B2Gold during the fourth quarter worth approximately $55,000. Inspire Advisors LLC acquired a new position in shares of B2Gold during the fourth quarter worth approximately $59,000. Finally, Kingswood Wealth Advisors LLC acquired a new position in shares of B2Gold during the fourth quarter worth approximately $65,000. Institutional investors own 61.40% of the company’s stock.

B2Gold Stock Up 6.2%

Shares of BTG stock opened at $4.47 on Tuesday. B2Gold Corp has a 12 month low of $3.31 and a 12 month high of $6.28. The firm has a market cap of $5.93 billion, a PE ratio of 12.42, a price-to-earnings-growth ratio of 0.40 and a beta of 0.61. The stock has a 50 day moving average of $4.69 and a 200-day moving average of $4.82. The company has a quick ratio of 0.59, a current ratio of 1.19 and a debt-to-equity ratio of 0.13.

B2Gold (NYSEAMERICAN:BTG) (TSE:BTO) last issued its quarterly earnings results on Wednesday, May 6th. The basic materials company reported $0.19 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 company had revenue of $1.16 billion during the quarter, compared to analyst estimates of $893.41 million. During the same period in the previous year, the company earned $0.09 earnings per share. The company’s quarterly revenue was up 117.7% compared to the same quarter last year. On average, equities analysts predict that B2Gold Corp will post 0.65 EPS for the current 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.