B2Gold Corp. (NYSEAMERICAN:BTG) (TSE:BTO)’s share price gapped up before the market opened on Thursday . The stock had previously closed at $2.54, but opened at $2.57. B2Gold shares last traded at $2.53, with a volume of 2625880 shares.
B2Gold (NYSEAMERICAN:BTG) (TSE:BTO) last posted its quarterly earnings results on Tuesday, November 6th. The basic materials company reported $0.05 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.05. The company had revenue of $323.86 million during the quarter, compared to analyst estimates of $323.48 million.
A number of hedge funds have recently bought and sold shares of the business. Dynamic Technology Lab Private Ltd increased its holdings in shares of B2Gold by 136.7% in the 2nd quarter. Dynamic Technology Lab Private Ltd now owns 39,531 shares of the basic materials company’s stock valued at $102,000 after acquiring an additional 22,831 shares during the last quarter. Paloma Partners Management Co grew its stake in B2Gold by 202.2% during the 2nd quarter. Paloma Partners Management Co now owns 47,841 shares of the basic materials company’s stock worth $124,000 after buying an additional 32,012 shares during the last quarter. HRT Financial LLC purchased a new position in B2Gold during the 3rd quarter worth approximately $142,000. Oxbow Advisors LLC purchased a new position in B2Gold during the 2nd quarter worth approximately $234,000. Finally, Virtu Financial LLC grew its stake in B2Gold by 193.2% during the 3rd quarter. Virtu Financial LLC now owns 110,647 shares of the basic materials company’s stock worth $254,000 after buying an additional 72,908 shares during the last quarter.
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B2Gold Corp., together with its subsidiaries, engages in the exploration and development of mineral properties in Nicaragua, the Philippines, Mali, Colombia, Burkina Faso, Finland, and Namibia. It primarily explores for gold and silver deposits. The company primarily holds 80% interest in Fekola mine, an open pit gold mine located in Mali; 90% interest in Otjikoto gold mine located north of Windhoek, Namibia; Masbate gold project located in the south-east of Manila, the Philippines; and 95% interest in El Limon mine, an underground gold mine located in northwestern Nicaragua.
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