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

WINTON GROUP Ltd lessened its holdings in B2Gold Corp (NYSEAMERICAN:BTG) (TSE:BTO) by 80.4% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor 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 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the business. Concurrent Investment Advisors LLC raised its position in B2Gold by 17.5% in the fourth quarter. Concurrent Investment Advisors LLC now owns 26,079 shares of the basic materials company’s stock worth $118,000 after purchasing an additional 3,888 shares in the last quarter. SBI Securities Co. Ltd. raised its position in B2Gold by 17.5% in the fourth quarter. SBI Securities Co. Ltd. now owns 28,432 shares of the basic materials company’s stock worth $128,000 after purchasing an additional 4,236 shares in the last quarter. Centric Wealth Management raised its position in B2Gold by 28.8% in the fourth quarter. Centric Wealth Management now owns 28,991 shares of the basic materials company’s stock worth $142,000 after purchasing an additional 6,491 shares in the last quarter. Pictet Asset Management Holding SA raised its position in B2Gold by 3.9% in the fourth quarter. Pictet Asset Management Holding SA now owns 251,813 shares of the basic materials company’s stock worth $1,135,000 after purchasing an additional 9,340 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. acquired a new position in B2Gold in the fourth quarter worth about $45,000. Institutional investors and hedge funds own 61.40% of the company’s stock.

B2Gold Stock Performance

NYSEAMERICAN:BTG opened at $4.02 on Wednesday. The company has a quick ratio of 0.59, a current ratio of 1.19 and a debt-to-equity ratio of 0.13. The firm has a market capitalization of $5.33 billion, a PE ratio of 11.17, a price-to-earnings-growth ratio of 0.39 and a beta of 0.61. B2Gold Corp has a 12-month low of $3.31 and a 12-month high of $6.28. The firm has a 50-day moving average price of $4.73 and a 200 day moving average price of $4.82.

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

About B2Gold

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.