National Bank Financial Analysts Boost Earnings Estimates for B2Gold Corp. (BTG)

B2Gold Corp. (NYSEAMERICAN:BTG) (TSE:BTO) – National Bank Financial boosted their FY2019 earnings per share estimates for shares of B2Gold in a note issued to investors on Tuesday, March 26th, according to Zacks Investment Research. National Bank Financial analyst D. Demarco now anticipates that the basic materials company will post earnings of $0.18 per share for the year, up from their prior estimate of $0.14. National Bank Financial also issued estimates for B2Gold’s FY2020 earnings at $0.20 EPS and FY2021 earnings at $0.22 EPS.

Other equities research analysts also recently issued reports about the stock. TheStreet downgraded shares of B2Gold from a “b-” rating to a “c+” rating in a research note on Tuesday, April 2nd. Zacks Investment Research downgraded shares of B2Gold from a “buy” rating to a “hold” rating in a research note on Friday, January 25th.

Shares of BTG remained flat at $$2.71 on Friday. 3,452,276 shares of the company were exchanged, compared to its average volume of 4,565,295. B2Gold has a twelve month low of $2.10 and a twelve month high of $3.35.

B2Gold (NYSEAMERICAN:BTG) (TSE:BTO) last announced its earnings results on Tuesday, March 12th. The basic materials company reported $0.01 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.02 by ($0.01). The business had revenue of $272.11 million for the quarter, compared to the consensus estimate of $271.38 million.

A number of large investors have recently modified their holdings of BTG. Highland Capital Management LLC bought a new stake in B2Gold in the fourth quarter valued at approximately $44,000. Private Advisor Group LLC bought a new stake in B2Gold in the fourth quarter valued at approximately $44,000. Sigma Planning Corp acquired a new position in shares of B2Gold in the fourth quarter valued at approximately $50,000. Hsbc Holdings PLC acquired a new position in shares of B2Gold in the fourth quarter valued at approximately $95,000. Finally, HRT Financial LLC acquired a new position in shares of B2Gold in the third quarter valued at approximately $142,000.

About B2Gold

B2Gold Corp., together with its subsidiaries, engages in the exploration and development of mineral properties in Nicaragua, the Philippines, Mali, Colombia, Burkina Faso, Finland, and Namibia. It primarily explores for gold and silver deposits. The company primarily holds 80% interest in Fekola mine, an open pit gold mine located in Mali; 90% interest in Otjikoto gold mine located north of Windhoek, Namibia; Masbate gold project located in the south-east of Manila, the Philippines; and 95% interest in El Limon mine, an underground gold mine located in northwestern Nicaragua.

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Earnings History and Estimates for B2Gold (NYSEAMERICAN:BTG)

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