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B2Gold (NYSEAMERICAN:BTG) Stock Price Down 4.5% - Should You Sell?

B2Gold logo with Basic Materials background

Key Points

  • B2Gold Corp shares fell by 4.5%, trading as low as $4.19 during mid-day trading, significantly lower than the previous close of $4.49.
  • The company has a market capitalization of $5.81 billion and operates multiple mines, including the Fekola Mine in Mali and the Masbate Mine in the Philippines.
  • With a P/E ratio of -12.54 and a current ratio of 0.98, analysts may question the company's financial stability amidst declining stock performance.
  • Interested in B2Gold? Here are five stocks we like better.

B2Gold Corp (NYSEAMERICAN:BTG - Get Free Report) TSE: BTO shares were down 4.5% on Monday . The company traded as low as $4.19 and last traded at $4.29. Approximately 11,139,879 shares were traded during mid-day trading, a decline of 73% from the average daily volume of 41,280,652 shares. The stock had previously closed at $4.49.

B2Gold Stock Up 3.9%

The business's 50 day simple moving average is $3.86 and its 200 day simple moving average is $3.45. The company has a market capitalization of $5.94 billion, a PE ratio of -12.83 and a beta of 0.42. The company has a quick ratio of 0.40, a current ratio of 0.98 and a debt-to-equity ratio of 0.12.

B2Gold Company Profile

(Get Free Report)

B2Gold Corp. operates as a gold producer company. It operates the Fekola Mine in Mali, the Masbate Mine in the Philippines, and the Otjikoto Mine in Namibia. The company also has an 100% interest in the Gramalote gold project in Colombia; 24% interest in the Calibre Mining Corp.; and approximately 19% interest in BeMetals Corp.

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