Short Interest in B2Gold Corp Grows By 5.4% (BTG)
Shares of B2Gold Corp (NYSE:BTG) saw a significant growth in short interest in August. As of August 15th, there was short interest totalling 23,256,353 shares, a growth of 5.4% from the July 31st total of 22,056,378 shares, Analyst Ratings Net reports. Based on an average daily trading volume, of 1,224,893 shares, the short-interest ratio is presently 19.0 days. Approximately 3.6% of the shares of the stock are short sold.
Separately, 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. Six equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy”.
B2Gold Corp (NYSE:BTG) traded up 4.60% during mid-day trading on Tuesday, hitting $2.50. The stock had a trading volume of 1,897,076 shares. B2Gold Corp has a one year low of $1.85 and a one year high of $3.33. The stock has a 50-day moving average of $2.67 and a 200-day moving average of $2.74. The company’s market cap is $1.700 billion.
B2Gold Corp (NYSE:BTG) last announced its earnings results on Thursday, August 14th. The company reported ($0.01) earnings per share for the quarter, missing the analysts’ consensus estimate of $0.02 by $0.03. On average, analysts predict that B2Gold Corp will post $0.05 earnings per share for the current fiscal year.
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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