| Should B2Gold (BTG) Be On Your Radar Now? - Tale of the Tape | |
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One way to find these underappreciated stocks is by looking at companies that haven’t seen their share prices move higher lately, but have observed analysts raising earnings estimates for their stock. This trend could signal that investors haven’t quite embraced the rising estimate story yet, but that the potential for a big move higher is definitely there.
One such company that looks well positioned for a solid gain, but has been overlooked by investors lately, is B2Gold Corp. (BTG). This mining - gold stock has actually seen estimates rise over the past month for the current fiscal year by about 33.3%. But that is not yet reflected in its price, as the stock lost 3.5% over the same time frame.
You should not be concerned about the price remaining muted going forward. This year’s expected earnings growth over the prior year is significant which should ultimately translate into price appreciation.
And if this isn’t enough, BTG currently carries a Zacks Rank #2 (Buy) which further underscores the potential for its outperformance (See the performance of Zacks' portfolios and strategies here: About Zacks Performance).
So if you are looking for a stock flying under-the-radar that is well-equipped to bounce down the road, make sure to consider B2Gold. Solid estimate revisions and an impressive Zacks Rank suggest that better days may be ahead for BTG and that now might be an interesting buying opportunity.
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Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report B2GOLD CORP (BTG): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research
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B2Gold Corp.
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PRODUCER |
CODE : BTO.TO |
ISIN : CA11777Q2099 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
B2Gold is a gold producing company based in Canada. Its main assets in production are LIMON and LIBERTAD MINE in Nicaragua, its main assets in development are OROSI in Nicaragua and GRAMALOTE in Colombia and its main exploration properties are MOCOA and QUEBRADONA in Colombia, CALIBRE, SAN PEDRO, TREBOL, EL PAVON and MESTIZA-LA INDIA in Nicaragua, BELLAVISTA in Costa Rica and CEBOLLATI in Uruguay. B2Gold is listed in Canada and in United States of America. Its market capitalisation is CA$ 4.1 billions as of today (US$ 3.3 billions, € 2.9 billions). Its stock quote reached its lowest recent point on October 24, 2008 at CA$ 0.30, and its highest recent level on August 07, 2020 at CA$ 9.99. B2Gold has 973 449 984 shares outstanding. |