WINTON GROUP Ltd Has $893,000 Position in B2Gold Corp $BTG

WINTON GROUP Ltd lowered its stake in shares of B2Gold Corp (NYSEAMERICAN:BTG) (TSE:BTO) by 80.4% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 198,100 shares of the basic materials company’s stock after selling 813,299 shares during the period. WINTON GROUP Ltd’s holdings in B2Gold were worth $893,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in BTG. Northwestern Mutual Wealth Management Co. acquired a new position in shares of B2Gold during the fourth quarter valued at about $45,000. Jefferies Financial Group Inc. acquired a new position in shares of B2Gold during the fourth quarter valued at about $55,000. Kingswood Wealth Advisors LLC acquired a new position in shares of B2Gold during the fourth quarter valued at about $65,000. Leonteq Securities AG acquired a new position in shares of B2Gold during the fourth quarter valued at about $68,000. Finally, Concurrent Investment Advisors LLC raised its position in shares of B2Gold by 17.5% during the fourth quarter. Concurrent Investment Advisors LLC now owns 26,079 shares of the basic materials company’s stock valued at $118,000 after buying an additional 3,888 shares during the last quarter. Institutional investors and hedge funds own 61.40% of the company’s stock.

B2Gold Stock Down 2.9%

Shares of BTG opened at $4.02 on Wednesday. The company has a 50-day simple moving average of $4.73 and a 200-day simple moving average of $4.82. The firm has a market capitalization of $5.33 billion, a P/E ratio of 11.17, a P/E/G ratio of 0.39 and a beta of 0.61. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.59 and a current ratio of 1.19. B2Gold Corp has a 52 week low of $3.31 and a 52 week high of $6.28.

B2Gold (NYSEAMERICAN:BTG) (TSE:BTO) last announced 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 business had revenue of $1.16 billion during the quarter, compared to analyst estimates of $893.41 million. During the same quarter in the prior year, the business earned $0.09 earnings per share. The firm’s revenue for the quarter was up 117.7% on a year-over-year basis. On average, equities research 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.