B2gold Corp Stock Today
| BTO Stock | CAD 3.47 0.03 0.86% |
Performance0 of 100
| Odds Of DistressLess than 1
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B2Gold Corp is selling at 3.47 as of the 25th of April 2024; that is -0.86% down since the beginning of the trading day. The stock's open price was 3.5. B2Gold Corp has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for B2Gold Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of March 2024 and ending today, the 25th of April 2024. Click here to learn more.
Business Domain Materials | Category Basic Materials |
B2Gold Corp. operates as a gold producer with three operating mines in Mali, the Philippines, and Namibia. The company was incorporated in 2006 and is headquartered in Vancouver, Canada. B2GOLD CORP operates under Gold classification in Canada and is traded on Toronto Stock Exchange. The company has 1.3 B outstanding shares of which 8.3 M shares are currently shorted by private and institutional investors with about 1.56 days to cover all short positions. More on B2Gold Corp
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| 0.72 | BIP-PB | Brookfield Infrastructure | PairCorr |
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B2Gold Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. B2Gold Corp's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding B2Gold Corp or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Clive Johnson | ||||
| Business Concentration | Metals & Mining, Materials, Basic Materials, Materials, Metals & Mining, Gold, Basic Materials (View all Sectors) | ||||
B2Gold Corp's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to B2Gold Corp's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand B2Gold Corp's financial leverage. It provides some insight into what part of B2Gold Corp's total assets is financed by creditors.
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B2Gold Corp (BTO) is traded on Toronto Exchange in Canada and employs 38 people. B2Gold Corp is listed under Metals & Mining category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 4.56 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate B2Gold Corp's market, we take the total number of its shares issued and multiply it by B2Gold Corp's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. B2Gold Corp operates under Metals & Mining sector and is part of Materials industry. The entity has 1.3 B outstanding shares of which 8.3 M shares are currently shorted by private and institutional investors with about 1.56 days to cover all short positions.
B2Gold Corp has accumulated about 651.95 M in cash with 779.5 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.6.
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Ownership AllocationB2Gold Corp holds a total of 1.3 Billion outstanding shares. Over half of B2Gold Corp's outstanding shares are owned by other corporate entities. These other corporate entities are typically referred to as corporate investors that acquire positions in a given instrument to benefit from reduced trade commissions. Hence, these institutions are subject to different rules and regulations than regular investors in B2Gold Corp. Please watch out for any change in the institutional holdings of B2Gold Corp as this could mean something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the entity is less than the current market value, you may not be able to make money on it.
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B2Gold Stock Price Odds Analysis
Contingent on a normal probability distribution, the odds of B2Gold Corp jumping above the current price in 90 days from now is about 67.36%. The B2Gold Corp probability density function shows the probability of B2Gold Corp stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon the stock has a beta coefficient of 1.3158 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, B2Gold Corp will likely underperform. Additionally, b2Gold Corp has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of B2Gold Corp to move above the current price in 90 days from now is about 67.36 (This B2Gold Corp probability density function shows the probability of B2Gold Stock to fall within a particular range of prices over 90 days) .
B2Gold Corp Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. B2Gold Corp market risk premium is the additional return an investor will receive from holding B2Gold Corp long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in B2Gold Corp. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although B2Gold Corp's alpha and beta are two of the key measurements used to evaluate B2Gold Corp's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 2.0 | |||
| Standard Deviation | 2.66 | |||
| Variance | 7.06 | |||
| Risk Adjusted Performance | (0.02) |
B2Gold Stock Against Markets
Picking the right benchmark for B2Gold Corp stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in B2Gold Corp stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for B2Gold Corp is critical whether you are bullish or bearish towards B2Gold Corp at a given time. Please also check how B2Gold Corp's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in B2Gold Corp without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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B2Gold Corp Corporate Directors
B2Gold Corp corporate directors refer to members of a B2Gold Corp board of directors. The board of directors generally takes responsibility for the B2Gold Corp's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of B2Gold Corp's board members must vote for the resolution. The B2Gold Corp board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Barry Rayment | Independent Director | Profile | |
| Jerry Korpan | Independent Director | Profile | |
| Mark Connelly | Director | Profile | |
| Bongani Mtshisi | Independent Director | Profile |
How to buy B2Gold Stock?
Before investing in B2Gold Corp, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in B2Gold Corp. To buy B2Gold Corp stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of B2Gold Corp. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase B2Gold Corp stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located B2Gold Corp stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased B2Gold Corp stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as B2Gold Corp, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy B2Gold Stock please use our How to Invest in B2Gold Corp guide.
Already Invested in B2Gold Corp?
The danger of trading B2Gold Corp is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of B2Gold Corp is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than B2Gold Corp. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile B2Gold Corp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether B2Gold Corp is a strong investment it is important to analyze B2Gold Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact B2Gold Corp's future performance. For an informed investment choice regarding B2Gold Stock, refer to the following important reports: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in B2Gold Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in B2Gold Stock, please use our How to Invest in B2Gold Corp guide.You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Complementary Tools for B2Gold Stock analysis
When running B2Gold Corp's price analysis, check to measure B2Gold Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy B2Gold Corp is operating at the current time. Most of B2Gold Corp's value examination focuses on studying past and present price action to predict the probability of B2Gold Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move B2Gold Corp's price. Additionally, you may evaluate how the addition of B2Gold Corp to your portfolios can decrease your overall portfolio volatility.
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