Time to Reconsider B2gold Corphares (canada) (NYSEAMERICAN:BTG) After Less Short Sellers?

May 18, 2018 - By Maria Brooks

B2Gold Corp. (NYSEAMERICAN:BTG) Logo

The stock of B2gold Corphares (canada) (NYSEAMERICAN:BTG) registered a decrease of 4.27% in short interest. BTG’s total short interest was 15.63M shares in May as published by FINRA. Its down 4.27% from 16.33M shares, reported previously. With 2.51M shares average volume, it will take short sellers 6 days to cover their BTG’s short positions. The short interest to B2gold Corphares (canada)’s float is 1.63%.

It closed at $2.71 lastly. It is down 7.41% since May 18, 2017 and is downtrending. It has underperformed by 18.96% the S&P500.

B2Gold Corp, together with its subsidiaries, engages in the exploration and development of mineral properties in Nicaragua, the Philippines, Namibia, Mali, Colombia, Burkina Faso, and Finland. The company has market cap of $2.63 billion. It primarily explores for gold, silver, and copper deposits. It has a 46.72 P/E ratio. The companyÂ’s production properties include the La Libertad mine with an exploitation concession covering an area of 10,950 hectares and the El Limon mine covering an area of 12,000 hectares located in Nicaragua; the Masbate mine covering an area of approximately 15,209 hectares located in the Philippines; and the Otjikoto mine covering an area of 6,933.99 hectares located in Namibia.

B2Gold Corp. (NYSEAMERICAN:BTG) Ratings Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.