FY2020 EPS Estimates for B2Gold Corp. (BTG) Decreased by National Bank Financial

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B2Gold Corp. (NYSEAMERICAN:BTG) (TSE:BTO) – Equities research analysts at National Bank Financial lowered their FY2020 earnings per share estimates for B2Gold in a research note issued to investors on Wednesday, November 7th. National Bank Financial analyst D. Demarco now forecasts that the basic materials company will post earnings of $0.20 per share for the year, down from their previous estimate of $0.21.

B2Gold (NYSEAMERICAN:BTG) (TSE:BTO) last posted its earnings results on Tuesday, November 6th. The basic materials company reported $0.05 earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.05. The business had revenue of $323.86 million for the quarter, compared to analysts’ expectations of $323.48 million.

Shares of BTG stock opened at $2.55 on Friday. B2Gold has a twelve month low of $2.10 and a twelve month high of $3.30.

A number of hedge funds have recently modified their holdings of the stock. Dynamic Technology Lab Private Ltd boosted its holdings in B2Gold by 136.7% in the second quarter. Dynamic Technology Lab Private Ltd now owns 39,531 shares of the basic materials company’s stock worth $102,000 after acquiring an additional 22,831 shares in the last quarter. Paloma Partners Management Co boosted its holdings in B2Gold by 202.2% in the second quarter. Paloma Partners Management Co now owns 47,841 shares of the basic materials company’s stock worth $124,000 after acquiring an additional 32,012 shares in the last quarter. Oxbow Advisors LLC bought a new stake in B2Gold in the second quarter worth $234,000. Manatuck Hill Partners LLC boosted its holdings in B2Gold by 100.0% in the second quarter. Manatuck Hill Partners LLC now owns 100,000 shares of the basic materials company’s stock worth $259,000 after acquiring an additional 50,000 shares in the last quarter. Finally, Tower Research Capital LLC TRC boosted its holdings in B2Gold by 3,307.7% in the second quarter. Tower Research Capital LLC TRC now owns 104,719 shares of the basic materials company’s stock worth $272,000 after acquiring an additional 101,646 shares in the last quarter.

About B2Gold

B2Gold Corp., together with its subsidiaries, engages in the exploration and development of mineral properties in Nicaragua, the Philippines, Mali, Colombia, Burkina Faso, Finland, and Namibia. It primarily explores for gold and silver deposits. The company primarily holds 80% interest in Fekola mine, an open pit gold mine located in Mali; 90% interest in Otjikoto gold mine located north of Windhoek, Namibia; Masbate gold project located in the south-east of Manila, the Philippines; and 95% interest in El Limon mine, an underground gold mine located in northwestern Nicaragua.

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Earnings History and Estimates for B2Gold (NYSEAMERICAN:BTG)

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