Investors Purchase High Volume of Call Options on B2Gold (NYSEAMERICAN:BTG)

B2Gold Corp (NYSEAMERICAN:BTG) (TSE:BTO) saw unusually large options trading on Monday. Traders purchased 49,197 call options on the stock. This represents an increase of 119% compared to the typical volume of 22,414 call options.

B2Gold Stock Performance

NYSEAMERICAN BTG traded up $0.05 during trading on Monday, hitting $5.34. 69,709,007 shares of the company’s stock traded hands, compared to its average volume of 43,333,422. B2Gold has a 12-month low of $2.27 and a 12-month high of $5.94. The stock has a market capitalization of $7.16 billion, a price-to-earnings ratio of 38.14 and a beta of 0.60. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.46 and a current ratio of 1.03. The business has a 50 day moving average of $4.54 and a 200-day moving average of $4.37.

Analyst Upgrades and Downgrades

Separately, Scotiabank restated a “sector perform” rating on shares of B2Gold in a report on Monday. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company 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.