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B2Gold Corp (NYSE:BTG) posted its quarterly earnings results on Thursday. The company reported ($0.01) EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.02 by $0.03, American Banking and Market News reports.

Shares of B2Gold Corp (NYSE:BTG) opened at 2.79 on Thursday. B2Gold Corp has a one year low of $1.85 and a one year high of $3.58. The stock’s 50-day moving average is $2.75 and its 200-day moving average is $2.73. The company has a market cap of $1.891 billion and a P/E ratio of 107.31. B2Gold Corp also was the target of a large growth in short interest in the month of July. As of July 31st, there was short interest totalling 22,056,378 shares, a growth of 13.6% from the July 15th total of 19,408,189 shares. Based on an average trading volume of 1,052,309 shares, the short-interest ratio is currently 21.0 days. Currently, 3.4% of the company’s shares are short sold.

On a related note, analysts at JPMorgan Chase & Co. initiated coverage on shares of B2Gold Corp in a research note on Monday, June 9th. They set an “overweight” rating on the stock. Seven analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. The company presently has a consensus rating of “Buy”.

B2Gold Corp. (NYSE:BTG) is a gold producer with mining operations in Nicaragua and a portfolio of development and exploration assets in Colombia, Nicaragua and Uruguay.

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