B2Gold appears fundamentally strong, benefiting from favorable industry trends that support its top line, while management maintains stringent discipline around costs. Friday's after-earnings sell-off appears unjustified, given the strong revenue growth and profitability metrics that support the safety of a compelling 6.5% dividend yield. BTG's valuation is attractive, with a fair value per share of $3.24, indicating a 31% potential upside.
B2Gold Corp. (NYSE:BTG ) Q2 2024 Results Conference Call August 9, 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 Peter Montano - Vice President, Projects Conference Call Participants Wayne Lam - RBC Don DeMarco - National Bank Financial Francisco Costanzo - Scotiabank Operator Thank you for standing by. This is the conference operator.
Although the revenue and EPS for B2Gold (BTG) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Investors looking for stocks in the Mining - Gold sector might want to consider either B2Gold (BTG) or Triple Flag Precious Metals (TFPM). But which of these two companies is the best option for those looking for undervalued stocks?
B2Gold's (BTG) second-quarter 2024 results are likely to reflect the impacts of higher gold prices in the quarter and elevated costs.
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.
CVNA, BTG, NEM, SKIL and SPOT have been added to the Zacks Rank #1 (Strong Buy) List on July 30, 2024.
In the closing of the recent trading day, B2Gold (BTG) stood at $2.92, denoting a +0.34% change from the preceding trading day.
In the latest trading session, B2Gold (BTG) closed at $2.91, marking a +1.04% move from the previous day.
Investors looking for ways to find stocks that are set to beat quarterly earnings estimates should check out the Zacks Earnings ESP.
BTG, KGC, TTDKY, HGTY and VIRC have been added to the Zacks Rank #1 (Strong Buy) List on July 22, 2024.
VIRC, BTG and KGC made it to the Zacks Rank #1 (Strong Buy) value stocks list on July 22, 2024.