Themes Management Co LLC Purchases New Stake in B2Gold Corp $BTG

Themes Management Co LLC purchased a new stake in shares of B2Gold Corp (NYSEAMERICAN:BTG) (TSE:BTO) in the 4th quarter, Holdings Channel reports. The institutional investor purchased 227,619 shares of the basic materials company’s stock, valued at approximately $1,025,000.

Other large investors have also added to or reduced their stakes in the company. Concurrent Investment Advisors LLC increased its position in shares of B2Gold by 17.5% in the fourth quarter. Concurrent Investment Advisors LLC now owns 26,079 shares of the basic materials company’s stock valued at $118,000 after acquiring an additional 3,888 shares during the period. SBI Securities Co. Ltd. increased its holdings in B2Gold by 17.5% during the 4th quarter. SBI Securities Co. Ltd. now owns 28,432 shares of the basic materials company’s stock valued at $128,000 after purchasing an additional 4,236 shares during the period. Centric Wealth Management increased its holdings in B2Gold by 28.8% during the 4th quarter. Centric Wealth Management now owns 28,991 shares of the basic materials company’s stock valued at $142,000 after purchasing an additional 6,491 shares during the period. Pictet Asset Management Holding SA raised its position in B2Gold by 3.9% during the 4th quarter. Pictet Asset Management Holding SA now owns 251,813 shares of the basic materials company’s stock valued at $1,135,000 after purchasing an additional 9,340 shares during the last quarter. Finally, Jefferies Financial Group Inc. bought a new position in B2Gold during the 4th quarter valued at approximately $55,000. Institutional investors own 61.40% of the company’s stock.

B2Gold Price Performance

Shares of BTG opened at $4.58 on Tuesday. B2Gold Corp has a fifty-two week low of $3.25 and a fifty-two week high of $6.28. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.59 and a current ratio of 1.19. The stock has a market cap of $6.11 billion, a PE ratio of 12.72, a price-to-earnings-growth ratio of 0.43 and a beta of 0.60. The firm’s 50-day simple moving average is $4.70 and its two-hundred day simple moving average is $4.78.

B2Gold (NYSEAMERICAN:BTG) (TSE:BTO) last announced its quarterly earnings data on Wednesday, May 6th. The basic materials company reported $0.19 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.11 by $0.08. B2Gold had a return on equity of 21.36% and a net margin of 14.91%.The business had revenue of $1.16 billion during the quarter, compared to analysts’ expectations of $893.41 million. During the same quarter in the previous year, the business earned $0.09 earnings per share. The firm’s quarterly revenue was up 117.7% compared to the same quarter last year. Analysts anticipate that B2Gold Corp will post 0.66 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities analysts have recently issued reports on BTG shares. Scotiabank reissued a “sector perform” rating on shares of B2Gold in a research note on Monday, January 26th. Canadian Imperial Bank of Commerce reissued a “neutral” rating on shares of B2Gold in a research report on Wednesday, February 4th. Two research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the stock has a consensus rating of “Hold”.

B2Gold Company Profile

B2Gold Corp. is a Canadian-based intermediate gold producer with a diversified portfolio of operating mines and advanced-stage development projects. Founded in 2007 through the merger of Bema Gold and CGA Mining, the company has grown to become one of the world’s largest new gold producers. Headquartered in Vancouver, British Columbia, B2Gold focuses on efficient, low-cost operations across several continents, combining exploration, development and production within a single strategic framework.

The company’s flagship assets include the Fekola mine in Mali, which commenced production in 2017, the Otjikoto mine in Namibia, and the Masbate mine in the Philippines.