B2Gold (NYSEAMERICAN:BTG) Trading Down 8.2% – What’s Next?

B2Gold Corp. (NYSEAMERICAN:BTG) (TSE:BTO) shares dropped 8.2% during mid-day trading on Friday . The company traded as low as $2.88 and last traded at $2.91. Approximately 20,291,208 shares traded hands during trading, a decline of 42% from the average daily volume of 35,123,223 shares. The stock had previously closed at $3.17.

B2Gold Stock Performance

The stock’s 50 day moving average is $2.68. The firm has a market cap of $3.77 billion, a price-to-earnings ratio of -95.97, a price-to-earnings-growth ratio of 1.65 and a beta of 1.10. The company has a quick ratio of 1.97, a current ratio of 2.99 and a debt-to-equity ratio of 0.01.

About B2Gold

B2Gold Corp. operates as a gold producer company. It operates the Fekola Mine in Mali, the Masbate Mine in the Philippines, and the Otjikoto Mine in Namibia. The company also has an 100% interest in the Gramalote gold project in Colombia; 24% interest in the Calibre Mining Corp.; and approximately 19% interest in BeMetals Corp.