Stock Traders Buy High Volume of B2Gold Call Options (NYSEAMERICAN:BTG)

B2Gold Corp (NYSEAMERICAN:BTG) (TSE:BTO) was the target of unusually large options trading activity on Monday. Traders bought 49,197 call options on the company. This is an increase of approximately 119% compared to the average daily volume of 22,414 call options.

B2Gold Stock Performance

Shares of BTG stock opened at $5.34 on Tuesday. The firm has a market cap of $7.16 billion, a price-to-earnings ratio of 38.14 and a beta of 0.60. B2Gold has a 52-week low of $2.27 and a 52-week high of $5.94. The company has a quick ratio of 0.46, a current ratio of 1.03 and a debt-to-equity ratio of 0.18. The company’s 50 day moving average is $4.57 and its 200 day moving average is $4.39.

Wall Street Analyst Weigh In

Separately, Scotiabank reaffirmed a “sector perform” rating on shares of B2Gold in a research report on Monday. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, B2Gold presently has an average rating of “Hold”.

About B2Gold

B2Gold Corp. is a Canadian-based intermediate gold producer with a diversified portfolio of operating mines and advanced-stage development projects. Founded in 2007 through the merger of Bema Gold and CGA Mining, the company has grown to become one of the world’s largest new gold producers. Headquartered in Vancouver, British Columbia, B2Gold focuses on efficient, low-cost operations across several continents, combining exploration, development and production within a single strategic framework.

The company’s flagship assets include the Fekola mine in Mali, which commenced production in 2017, the Otjikoto mine in Namibia, and the Masbate mine in the Philippines.