B2Gold Corp. (BTG) Expected to Post Q3 2018 Earnings of $0.04 Per Share
B2Gold Corp. (NYSEAMERICAN:BTG) (TSE:BTO) – Stock analysts at National Bank Financial issued their Q3 2018 EPS estimates for shares of B2Gold in a note issued to investors on Wednesday, August 15th. National Bank Financial analyst D. Demarco expects that the basic materials company will earn $0.04 per share for the quarter. National Bank Financial also issued estimates for B2Gold’s FY2020 earnings at $0.23 EPS.
B2Gold (NYSEAMERICAN:BTG) (TSE:BTO) last released its quarterly earnings data on Tuesday, August 7th. The basic materials company reported $0.05 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.04 by $0.01. The business had revenue of $284.81 million during the quarter, compared to analysts’ expectations of $285.55 million.
Large investors have recently added to or reduced their stakes in the stock. Two Sigma Advisers LP purchased a new stake in shares of B2Gold during the fourth quarter valued at about $396,000. Wells Fargo & Company MN lifted its position in shares of B2Gold by 13.6% during the first quarter. Wells Fargo & Company MN now owns 1,329,388 shares of the basic materials company’s stock valued at $3,629,000 after buying an additional 159,501 shares during the last quarter. DekaBank Deutsche Girozentrale purchased a new stake in shares of B2Gold during the first quarter valued at about $1,318,000. American Century Companies Inc. lifted its position in shares of B2Gold by 35.0% during the first quarter. American Century Companies Inc. now owns 983,182 shares of the basic materials company’s stock valued at $2,689,000 after buying an additional 254,700 shares during the last quarter. Finally, Swiss National Bank lifted its position in shares of B2Gold by 7.8% during the first quarter. Swiss National Bank now owns 1,784,429 shares of the basic materials company’s stock valued at $4,883,000 after buying an additional 129,400 shares during the last quarter.
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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