B2Gold Corp $BTG Shares Bought by Y Intercept Hong Kong Ltd

Y Intercept Hong Kong Ltd raised its position in B2Gold Corp (NYSEAMERICAN:BTG) (TSE:BTO) by 1,692.8% in the first quarter, Holdings Channel.com reports. The institutional investor owned 1,697,502 shares of the basic materials company’s stock after purchasing an additional 1,602,820 shares during the period. Y Intercept Hong Kong Ltd’s holdings in B2Gold were worth $7,690,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. StoneX Group Inc. grew its position in shares of B2Gold by 2.1% during the fourth quarter. StoneX Group Inc. now owns 118,518 shares of the basic materials company’s stock worth $535,000 after acquiring an additional 2,490 shares during the last quarter. Concurrent Investment Advisors LLC raised its position in B2Gold by 17.5% in the 4th quarter. Concurrent Investment Advisors LLC now owns 26,079 shares of the basic materials company’s stock valued at $118,000 after purchasing an additional 3,888 shares during the last quarter. SBI Securities Co. Ltd. raised its position in B2Gold by 17.5% in 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 last quarter. Advyzon Investment Management LLC raised its position in B2Gold by 12.6% in the 4th quarter. Advyzon Investment Management LLC now owns 52,209 shares of the basic materials company’s stock valued at $235,000 after purchasing an additional 5,842 shares during the last quarter. Finally, Centric Wealth Management boosted its stake in B2Gold by 28.8% during the 4th quarter. Centric Wealth Management now owns 28,991 shares of the basic materials company’s stock worth $142,000 after purchasing an additional 6,491 shares during the period. 61.40% of the stock is owned by institutional investors and hedge funds.

B2Gold Stock Performance

Shares of B2Gold stock opened at $4.08 on Friday. B2Gold Corp has a 1 year low of $3.31 and a 1 year 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 company has a market capitalization of $5.41 billion, a P/E ratio of 11.33, a PEG ratio of 0.39 and a beta of 0.66. The company’s fifty day moving average is $4.48 and its two-hundred day moving average is $4.77.

B2Gold (NYSEAMERICAN:BTG) (TSE:BTO) last posted its quarterly earnings data on Wednesday, May 6th. The basic materials company reported $0.19 EPS for the quarter, beating analysts’ consensus estimates of $0.11 by $0.08. B2Gold had a net margin of 14.91% and a return on equity of 21.36%. The company had revenue of $1.16 billion for the quarter, compared to analyst estimates of $893.41 million. During the same period in the previous year, the business posted $0.09 earnings per share. B2Gold’s quarterly revenue was up 117.7% on a year-over-year basis. Analysts forecast that B2Gold Corp will post 0.65 earnings per share for the current year.

B2Gold 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.