OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC Sells 213,692 Shares of B2Gold Corp $BTG

OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC cut its position in B2Gold Corp (NYSEAMERICAN:BTG) (TSE:BTO) by 10.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,842,462 shares of the basic materials company’s stock after selling 213,692 shares during the quarter. B2Gold comprises approximately 0.9% of OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings, making the stock its 24th biggest position. OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.14% of B2Gold worth $8,310,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. acquired a new stake in B2Gold in the fourth quarter valued at $45,000. Jefferies Financial Group Inc. acquired a new position in shares of B2Gold during the 4th quarter worth about $55,000. Cerity Partners LLC bought a new stake in shares of B2Gold in the 4th quarter valued at about $55,000. Inspire Advisors LLC bought a new stake in shares of B2Gold in the 4th quarter valued at about $59,000. Finally, Kingswood Wealth Advisors LLC acquired a new stake in B2Gold in the 4th quarter valued at about $65,000. 61.40% of the stock is currently owned by institutional investors and hedge funds.

B2Gold Stock Performance

B2Gold stock opened at $4.30 on Friday. B2Gold Corp has a 52 week low of $3.31 and a 52 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 capitalization of $5.70 billion, a P/E ratio of 11.94, a PEG ratio of 0.41 and a beta of 0.61. The stock has a 50-day simple moving average of $4.67 and a 200 day simple moving average of $4.81.

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

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.