Blue Gold Limited (NASDAQ:BGL – Free Report) – Investment analysts at Zacks Research issued their FY2030 EPS estimates for Blue Gold in a report issued on Wednesday, June 10th. Zacks Research analyst T. Kerr expects that the company will earn $0.34 per share for the year. The consensus estimate for Blue Gold’s current full-year earnings is $0.20 per share.
Separately, Weiss Ratings downgraded shares of Blue Gold from a “sell (e+)” rating to a “sell (e)” rating in a research note on Friday, May 8th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock currently has an average rating of “Sell”.
Blue Gold Trading Down 14.7%
Shares of Blue Gold stock opened at $0.50 on Thursday. Blue Gold has a 12-month low of $0.50 and a 12-month high of $166.50. The firm’s 50-day moving average price is $0.96 and its two-hundred day moving average price is $1.98.
Blue Gold (NASDAQ:BGL – Get Free Report) last announced its quarterly earnings data on Wednesday, April 29th. The company reported ($0.48) earnings per share (EPS) for the quarter.
Institutional Investors Weigh In On Blue Gold
A number of hedge funds have recently made changes to their positions in BGL. HRT Financial LP acquired a new stake in shares of Blue Gold in the 4th quarter valued at approximately $26,000. Jane Street Group LLC acquired a new stake in shares of Blue Gold in the 4th quarter valued at approximately $26,000. Renaissance Technologies LLC acquired a new stake in shares of Blue Gold in the 1st quarter valued at approximately $35,000. Quadrature Capital Ltd acquired a new stake in shares of Blue Gold in the 4th quarter valued at approximately $65,000. Finally, Rathbones Group PLC acquired a new stake in shares of Blue Gold in the 3rd quarter valued at approximately $107,000. 24.62% of the stock is currently owned by institutional investors and hedge funds.
About Blue Gold
Blue Gold Limited is a gold mining company developing a portfolio of assets anchored by the historic Bogoso Prestea Mine in the Ashanti region of Ghana. Blue Gold Limited, formerly known as Perception Capital Corp. IV, is based in NEW YORK.
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