B2gold Corp Stock Today

BTO Stock  CAD 4.08  0.04  0.99%   

Performance

6 of 100

 
Weak
 
Strong
Modest

Odds Of Distress

Less than 19

 
High
 
Low
Low
B2Gold Corp is selling at 4.08 as of the 30th of November 2024; that is 0.99% increase since the beginning of the trading day. The stock's open price was 4.04. B2Gold Corp has less than a 19 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. Equity ratings for B2Gold Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 31st of October 2024 and ending today, the 30th of November 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 1.31 B outstanding shares of which 13.98 M shares are currently shorted by private and institutional investors with about 4.17 days to cover all short positions. More on B2Gold Corp

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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.
CEOClive Johnson
Business ConcentrationMetals & 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.
Debt Levels
B2Gold Corp can leverage 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.
Liquidity
B2Gold Corp cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. B2Gold Corp has accumulated 180.81 M in total debt with debt to equity ratio (D/E) of 0.21, which may suggest the company is not taking enough advantage from borrowing. B2Gold Corp has a current ratio of 3.44, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist B2Gold Corp until it has trouble settling it off, either with new capital or with free cash flow. So, B2Gold Corp's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like B2Gold Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for B2Gold to invest in growth at high rates of return. When we think about B2Gold Corp's use of debt, we should always consider it together with cash and equity.

Other Non Cash Items

822.23 Million
B2Gold Corp (BTO) is traded on Toronto Exchange in Canada and employs 34 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 5.35 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 1.31 B outstanding shares of which 13.98 M shares are currently shorted by private and institutional investors with about 4.17 days to cover all short positions. B2Gold Corp has accumulated about 651.95 M in cash with 714.45 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.6.
Check B2Gold Corp Probability Of Bankruptcy
Ownership Allocation
B2Gold Corp holds a total of 1.31 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.
Check B2Gold Ownership Details

B2Gold Corp Risk Profiles

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.

B2Gold Stock Against Markets

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B2Gold Corp Corporate Directors

Jerry KorpanIndependent DirectorProfile
Bongani MtshisiIndependent DirectorProfile
Robin WeismanIndependent DirectorProfile
Kevin BullockIndependent DirectorProfile
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 closely tied 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.
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Please note, there is a significant difference between B2Gold Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if B2Gold Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, B2Gold Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.