BTG Stock Recent News

B2Gold (BTG) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

B2Gold is a solid player in the gold mining industry with impressive financial performance and a fortress balance sheet. The company operates three mines and has a fourth mine under construction, with the Fekola Mine generating the majority of its revenue. Despite temporary factors causing a decline in Q1 revenue, BTG's financial performance remains robust, and consensus estimates expect revenue growth in Q2.

B2Gold's (BTG) Q1 total consolidated gold production was down 15% y/y.

B2Gold Corp. (NYSE:BTG ) Q1 2024 Earnings Conference Call May 8, 2024 11:00 AM ET Company Participants Clive Johnson - President & Chief Executive Officer Mike Cinnamond - Senior Vice President, Finance & Chief Financial Officer Bill Lytle - Senior Vice President & Chief Operating Officer Conference Call Participants Ovais Habib - Scotiabank Ralph Profiti - Eight Capital Anita Soni - CIBC World Markets Don DeMarco - National Bank Financial Operator Thank you for standing by. This is the conference operator.

B2Gold (BTG) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

VANCOUVER, British Columbia, April 15, 2024 (GLOBE NEWSWIRE) -- B2Gold Corp. (TSX: BTO, NYSE AMERICAN: BTG, NSX: B2G) (“B2Gold” or the “Company”) will release its first quarter 2024 financial results after the North American markets close on Tuesday, May 7, 2024.

In any market environment, gold and other precious metals stocks are always a solid addition to any investment portfolio as they allow investors to diversify and gain exposure to a number of financial markets. During uncertain times in the stock market, it is essential to protect your investment portfolio from the possibility of major losses.

There are some under-$10 stocks that I feel could emerge as market leaders in the future. These companies all have promising growth prospects, and some analysts agree that their futures look very bright for investors.