B2Gold (NYSEAMERICAN:BTG) Shares Pass Above 200-Day Moving Average - Here's What Happened

Key Points

• B2Gold's stock price has recently crossed above its 200-day moving average of $3.34, reaching a high of $4.33 during trading.
• The company has a market capitalization of $5.60 billion and a price-to-earnings ratio of -12.09, indicating it is currently operating at a loss.
• B2Gold operates multiple mines, including the Fekola Mine in Mali and has interests in gold projects in Colombia and Namibia.

Shares of B2Gold Corp (NYSEAMERICAN:BTG - Get Free Report) TSE: BTO crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $3.34 and traded as high as $4.33. B2Gold shares last traded at $4.23, with a volume of 33,114,491 shares changing hands.

B2Gold Stock Performance

The firm has a 50-day moving average of $3.78 and a two-hundred day moving average of $3.39. The company has a quick ratio of 0.40, a current ratio of 0.98 and a debt-to-equity ratio of 0.12. The company has a market capitalization of $5.82 billion, a PE ratio of -12.57 and a beta of 0.42.

B2Gold Company Profile

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.