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B2Gold (NYSEAMERICAN:BTG) Shares Gap Down - Time to Sell?

B2Gold logo with Basic Materials background

Key Points

  • B2Gold Corp (NYSEAMERICAN:BTG) experienced a significant drop in stock price, opening at $5.25 after closing at $5.70.
  • The company's market capitalization stands at $6.81 billion, with a negative price-to-earnings ratio of -14.71.
  • B2Gold operates major gold mining projects in Mali, the Philippines, and Namibia, and holds interests in gold projects in Colombia and with other mining corporations.
  • Interested in B2Gold? Here are five stocks we like better.

B2Gold Corp (NYSEAMERICAN:BTG - Get Free Report) TSE: BTO gapped down before the market opened on Tuesday . The stock had previously closed at $5.70, but opened at $5.25. B2Gold shares last traded at $5.21, with a volume of 13,413,912 shares.

B2Gold Price Performance

The firm has a market cap of $6.81 billion, a price-to-earnings ratio of -14.71 and a beta of 0.45. The business's 50-day simple moving average is $4.56 and its two-hundred day simple moving average is $3.79. The company has a current ratio of 0.98, a quick ratio of 0.40 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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