Stock To Watch: B2Gold (BTG) In Perilous Reversal

Trade-Ideas LLC identified B2Gold (BTG) as a "perilous reversal" (up big yesterday but down big today) candidate
By TheStreet Wire ,

Trade-Ideas LLC identified

B2Gold

(

BTG

) as a "perilous reversal" (up big yesterday but down big today) candidate. In addition to specific proprietary factors, Trade-Ideas identified B2Gold as such a stock due to the following factors:

  • BTG has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $12.8 million.
  • BTG has traded 398,174 shares today.
  • BTG is down 3.1% today.
  • BTG was up 5.1% yesterday.

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More details on BTG:

B2Gold Corp. engages in the acquisition, exploration, and development of mineral properties in Nicaragua, the Philippines, Namibia, Mali, Colombia, Burkina Faso, Finland, and Chile. It principally explores for gold, silver, and copper deposits. Currently there are 2 analysts that rate B2Gold a buy, no analysts rate it a sell, and 2 rate it a hold.

The average volume for B2Gold has been 4.4 million shares per day over the past 30 days. B2Gold has a market cap of $2.5 billion and is part of the basic materials sector and metals & mining industry. Shares are up 180.4% year-to-date as of the close of trading on Thursday.

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TheStreetRatings.com

Analysis:

TheStreet Quant Ratings

rates B2Gold as a

hold

. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. However, as a counter to these strengths, we find that the company's return on equity has been disappointing.

Highlights from the ratings report include:

  • The revenue growth greatly exceeded the industry average of 45.8%. Since the same quarter one year prior, revenues slightly increased by 3.9%. This growth in revenue appears to have trickled down to the company's bottom line, improving the earnings per share.
  • The current debt-to-equity ratio, 0.32, is low and is below the industry average, implying that there has been successful management of debt levels. Along with the favorable debt-to-equity ratio, the company maintains an adequate quick ratio of 1.20, which illustrates the ability to avoid short-term cash problems.
  • B2GOLD CORP has shown improvement in its earnings for its most recently reported quarter when compared with the same quarter a year earlier. The company has demonstrated a pattern of positive earnings per share growth over the past year. During the past fiscal year, B2GOLD CORP continued to lose money by earning -$0.17 versus -$0.84 in the prior year.
  • The company's current return on equity greatly increased when compared to its ROE from the same quarter one year prior. This is a signal of significant strength within the corporation. Compared to other companies in the Metals & Mining industry and the overall market on the basis of return on equity, B2GOLD CORP underperformed against that of the industry average and is significantly less than that of the S&P 500.

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