B2gold Corp (BTG) Stock Forecast & Predictions

B2gold Corp BTG: $5.13

595 Burrard Street, Suite 3100, Vancouver, British Columbia, Canada. | Sector: Mining, Quarrying, and Oil and Gas Extraction | Exchange: NYSE MKT LLC | Web: https://www.b2gold.com/

  • Market Cap$5.53B
  • Change (52 Weeks)7.74%
  • Low (52 Weeks)$4.16
  • B2gold Corp (BTG) Forecast Based on Technical Analysis


    Neutral
    Based on 16 Technical Indicators where 6.25% are on Buy, 43.75% on Sell, and 50.00% Neutral.

    According to the market data, B2gold Corp (BTG) stock price is $5.13 and the 52 weeks low is $4.16, which means the B2gold Corp stock price is up 7.74% in the last 12 months.

    B2gold Corp (BTG) Stock Price is not Trending currently as per the Weekly Chart, which means the price may range between specific high and low levels for the next few months, unless some significant changes take place in the market performance or news.

    Technical Indicators are algorithms that are used mostly by Technical traders to predict the price action of a stock.

    Based on our analysis of 16 technical indicators, 6.25% are indicating that BTG Stock price might rise further, 43.75% indicating that BTG Stock price might fall, and 50.00% are in a neutral position.

    Based on these technical algorithms, overall BTG stock price has a Neutral Signal, which means the stock price has the potential to move either up or down, depending on the nature of consolidating market phase, since majority of indicators are providing a neutral signal.

    B2gold Corp (BTG) Stock Forecast By Analysts


    Strong Buy
    Analysts Recommendations for B2gold Corp (BTG) is based on 20 Institutional Analyst Ratings where 60.00% are on Strong Buy, 25.00% on Moderate Buy, 15.00% remains on Hold, 0.00% are on Moderate Sell and 0.00% are on Strong Sell.

    Out of 20 Institutional Analysts, majority recommended BTG stock as Strong Buy. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of B2gold Corp.

    B2gold Corp (BTG) Stock Price Prediction By Analysts


    HighLowAverage
    $8.40$5.55$6.80
    $6.8032.55% Upside
    Updated: 2021-04-22 00:00:00

    The Average Price target for BTG set by the institutional analysts is $6.80 where High Estimate is $8.40, Median $6.63 and Low $5.55.

    The average price target for BTG by Institutional Analysts is $6.80, which is 32.55% Upside from the current price. So according to the Institutional Analysts, BTG Stock might be a bit undervalued at this stage and there’s potential for upside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    B2gold Corp (BTG) Stock Forecast Based on Investor Sentiment


    Very Positive

    Based on 388,226 investor portfolio.

    Our algorithm has analysed 388,226 investor portfolio with BTG stock holdings and found that 96.50% of them are bullish. Which means the Investor Sentiment is mostly Very Positive.

    This shows most investors are very optimistic about BTG and holding their positions hoping for a further rise in the stock price and more profit.

    B2gold Corp (BTG) Stock Forecast Based on News Sentiment


    Neutral
    Based on 5 articles published Last Week, where 50.00% are Bullish and 50.00% are Bearish.

    According to the news articles published last week, journalists and bloggers had a mixed sentiment of BTG consisting of positive and negative, it shows that B2gold Corp had a neutral news coverage.

    Neutral news coverage usually doesn't affect short-term price of a stock, so BTG stock price most likey won't have any reaction to last weeks news coverage.

    B2gold Corp (BTG) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    Eight CapitalBuyDowngraded
    TD SecuritiesBuyDowngraded
    Raymond James FinancialOutperformInitiated
    CIBC World MarketsOutperformUpgraded
    JPMorgan ChaseNeutralInitiated
    National Bank FinancialOutperformDowngraded
    RBC CapitalSector PerformDowngraded
    Raymond James FinancialOutperformUpgraded
    RBC CapitalSector PerformReiterated
    Eight CapitalUpgraded
    BMO Capital MarketsUpgraded
    TD SecuritiesAction List BuyUpgraded
    Haywood SecuritiesUpgraded
    PI FinancialBuyInitiated
    National Bank FinancialUpgraded
    Eight CapitalUpgraded
    Haywood SecuritiesUpgraded
    Canaccord GenuityUpgraded
    Canaccord GenuityUpgraded
    TD SecuritiesAction List BuyUpgraded
    SbankUpgraded
    PI FinancialBuyInitiated
    National Bank FinancialOutperformUpgraded
    Eight CapitalUpgraded
    BMO Capital MarketsUpgraded
    Bank of AmericaUpgraded
    Canaccord GenuityUpgraded
    Cormark SecuritiesUpgraded
    BMO Capital MarketsUpgraded
    B of A SecuritiesBuyMaintained
    PI FinancialBuyInitiated
    TD SecuritiesAction List BuyUpgraded
    Raymond James FinancialOutperformInitiated
    TD SecuritiesBuyUpgraded
    National Bank FinancialDowngraded
    BMO Capital MarketsUpgraded
    National Bank FinancialOutperformUpgraded
    National Bank FinancialOutperformUpgraded
    Bank of AmericaUpgraded
    Eight CapitalUpgraded
    BMO Capital MarketsUpgraded
    PI FinancialUpgraded
    Canaccord GenuityUpgraded
    Raymond James FinancialOutperformInitiated
    National Bank FinancialOutperformUpgraded
    RBC CapitalUpgraded
    Raymond James FinancialOutperformInitiated
    TD SecuritiesBuyUpgraded
    Raymond James FinancialOutperformInitiated
    National Bank FinancialOutperformDowngraded
    BMO Capital MarketsOutperformInitiated
    Eight CapitalDowngraded
    Cormark SecuritiesDowngraded
    Raymond James FinancialOutperformInitiated
    Cormark SecuritiesUpgraded
    Raymond James FinancialDowngraded
    Canaccord GenuityDowngraded
    PI FinancialBuyDowngraded
    PI FinancialDowngraded
    Canaccord GenuityDowngraded
    National Bank FinancialOutperformDowngraded
    SbankOutperformInitiated
    RBC CapitalOutperformDowngraded
    Raymond James FinancialOutperformInitiated
    Canaccord GenuityUpgraded
    SbankOutperformInitiated
    Eight CapitalUpgraded
    SbankOutperformInitiated
    National Bank FinancialUpgraded
    Eight CapitalUpgraded
    National Bank FinancialOutperformUpgraded
    Eight CapitalBuyInitiated
    BMO Capital MarketsOutperformMaintained
    SbankOutperformMaintained
    Bank of AmericaBuyInitiated
    Raymond James FinancialMaintained
    Dundee SecuritiesBuyUpgraded
    DundeeBuyUpgraded
    RBC CapitalOutperformMaintained
    CIBC World MarketsSector PerformMaintained
    BMO Capital MarketsMaintained
    National Bank FinancialSector PerformMaintained
    Canaccord GenuityMaintained
    Raymond James FinancialMaintained
    CIBC World MarketsMaintained
    BMO Capital MarketsMaintained
    SbankMaintained
    Dundee SecuritiesBuyMaintained
    Canaccord GenuityMaintained
    RBC CapitalOutperformMaintained
    BMO Capital MarketsOutperformMaintained
    National Bank FinancialOutperformMaintained
    CIBC World MarketsMaintained
    SbankMaintained
    Raymond James FinancialOutperformMaintained
    Goldman SachsMaintained
    Dundee SecuritiesBuyMaintained
    PI FinancialBuyMaintained
    Goldman SachsBuyInitiated
    PI FinancialBuyInitiated
    CIBC World MarketsMaintained
    BMO Capital MarketsOutperformMaintained
    SbankOutperformMaintained
    RBC CapitalMaintained
    Canaccord GenuityBuyMaintained
    CIBC World MarketsSector OutperformMaintained
    Desjardins SecuritiesBuyInitiated
    National Bank FinancialOutperformInitiated
    Canaccord GenuityBuyMaintained
    SbankMaintained
    StonecapOutperformMaintained
    BMO Capital MarketsOutperformInitiated
    CIBC World MarketsSector OutperformInitiated
    Raymond James FinancialOutperformMaintained
    StonecapOutperformMaintained
    Raymond James FinancialMaintained
    SbankMaintained
    Raymond James FinancialOutperformMaintained

    B2gold Corp (BTG) Stock Earning Per Share (EPS) Forecast / Estimate


    $0.082
    The average consensus EPS for BTG is $0.082 with a high estimate of $0.116 and Low of $0.059 for the period 2021-06-30 and based on 9 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $0.14$0.13811752020-12-31


    The latest average Earning Per Share Estimate for B2gold Corp is $0.08, which is lower than BTG's last EPS, $0.14. This means that Analysts are expecting B2gold Corp to report lower earnings. This can drive share prices lower since the investors have negative sentiment about market performance of B2gold Corp.

    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $0.14$0.13811752020-12-31
    $0.15$0.140561699999999982020-09-30
    $0.11$0.123222020-06-30
    $0.1$0.1012020-03-31
    $0.07$0.068682019-12-31
    $0.09$0.06186252019-09-30
    $0.05$0.02938092019-06-30
    $0.04$0.028282019-03-31
    $0.01$0.02176552018-12-31
    $0.05$0.04912642018-09-30
    $0.05$0.0404707000000000052018-06-30
    $0.06$0.07046772018-03-31
    $0.01$0.01180692017-12-31
    $0.01$0.00233312017-09-30
    $0.01$0.0062317000000000012017-06-30
    $0.02$0.00210082017-03-31
    $0$0.0298757999999999972016-12-31
    $0.05$0.0410464000000000042016-09-30
    $0.03$0.02130092016-06-30
    $0.02$0.00419152016-03-31
    $0$-0.00033332015-12-31
    $0$0.004042015-09-30
    $0$-0.00109082015-06-30
    $0.01$0.00421170000000000052015-03-31
    $-0.01$0.00273712014-12-31
    $-0.01$0.00704982014-09-30
    $0$0.01936172014-06-30
    $0.03$0.02331082014-03-31
    $0.01$0.0307042013-12-31
    $0.02$0.03243112013-09-30
    $0.01$0.03375422013-06-30
    $0.07$0.05681252013-03-31
    $0.05$0.0424200000000000062012-06-30
    $0.05$0.056562012-03-31
    $0.07$0.06135752011-12-31
    $0.05$0.06396332011-09-30
    $0.07$0.0522674999999999952011-06-30
    $0.05$0.03164332011-03-31
    $0.05$0.047472010-12-31
    $0.02$0.03164332010-09-30

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).