B2Gold Corp (NYSEAMERICAN:BTG) (TSE:BTO) – Stock analysts at Clarus Securities reduced their FY2018 earnings per share (EPS) estimates for B2Gold in a report issued on Friday. Clarus Securities analyst J. Spratt now expects that the basic materials company will earn $0.31 per share for the year, down from their previous forecast of $0.35.

Other analysts have also issued research reports about the stock. National Bank Financial raised shares of B2Gold from a “sector perform market weight” rating to an “outperform market weight” rating in a report on Monday, September 25th. BidaskClub raised shares of B2Gold from a “sell” rating to a “hold” rating in a report on Tuesday, November 7th. Finally, Zacks Investment Research lowered shares of B2Gold from a “buy” rating to a “hold” rating in a report on Thursday, October 12th. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $3.63.

B2Gold (BTG) traded up $0.12 on Monday, reaching $3.19. 7,325,942 shares of the company’s stock were exchanged, compared to its average volume of 5,358,540. B2Gold has a 12-month low of $2.15 and a 12-month high of $3.55. The firm has a market cap of $2,880.00, a price-to-earnings ratio of 79.75 and a beta of 0.89.

B2Gold (NYSEAMERICAN:BTG) (TSE:BTO) last posted its quarterly earnings data on Tuesday, November 7th. The basic materials company reported $0.01 earnings per share for the quarter.

Hedge funds have recently made changes to their positions in the company. BlueCrest Capital Management Ltd acquired a new position in shares of B2Gold in the 2nd quarter valued at $112,000. Alliancebernstein L.P. acquired a new position in shares of B2Gold in the 2nd quarter valued at $124,000. Virtu Financial LLC grew its holdings in shares of B2Gold by 201.6% in the 3rd quarter. Virtu Financial LLC now owns 129,105 shares of the basic materials company’s stock valued at $177,000 after buying an additional 86,302 shares during the period. ARP Americas LLC grew its holdings in shares of B2Gold by 63.7% in the 3rd quarter. ARP Americas LLC now owns 69,666 shares of the basic materials company’s stock valued at $192,000 after buying an additional 27,100 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in shares of B2Gold by 18.0% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 70,650 shares of the basic materials company’s stock valued at $199,000 after buying an additional 10,800 shares during the period.

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About B2Gold

Earnings History and Estimates for B2Gold (NYSEAMERICAN:BTG)

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