RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of BTO.TO
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B2Gold Corp. stock price ended at $3.44 on Wednesday, after gaining 0.88%.
(Updated on Mar 27, 2024)

Hold candidate since Mar 26, 2024 Gain 0.88% PDF

The B2Gold Corp. stock price gained 0.88% on the last trading day (Wednesday, 27th Mar 2024), rising from $3.41 to $3.44. During the last trading day the stock fluctuated 1.32% from a day low at $3.42 to a day high of $3.47. The price has fallen in 5 of the last 10 days and is down by -3.37% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 3 million more shares were traded than the day before. In total, 6 million shares were bought and sold for approximately $21.04 million.

The stock lies the upper part of a wide and falling trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break up at the top trend line at $3.47 will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Given the current short-term trend, the stock is expected to fall -19.14% during the next 3 months and, with a 90% probability hold a price between $2.36 and $2.81 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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BTO.TO Signals & Forecast

A buy signal was issued from a pivot bottom point on Wednesday, February 28, 2024, and so far it has risen 7.84%. Further rise is indicated until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. The B2Gold Corp. stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $3.45. On a fall, the stock will find some support from the short-term average at $3.42. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for B2Gold Corp. stock

B2Gold Corp. finds support from accumulated volume at $3.41 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.0450 between high and low, or 1.32%. For the last week, the stock has had daily average volatility of 3.06%.

Our recommended stop-loss: $3.23 (-6.16%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 20 days ago.)

Trading Expectations (BTO.TO) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect B2Gold Corp. to open at $3.44, and during the day (based on 14 day Average True Range), to move between $3.33 and $3.55, which gives a possible trading interval of +/-$0.108 (+/-3.13%) up or down from last closing price. If B2Gold Corp. takes out the full calculated possible swing range there will be an estimated 6.26% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $3.41 (0.87%) than the resistance at $3.47 (0.87%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is B2Gold Corp. stock A Buy?

B2Gold Corp. holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

Current score: -0.110 Hold/Accumulate Unchanged

Predicted Opening Price for B2Gold Corp. of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$3.44 ( 0.0484%) $3.44

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for BTO.TO

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 3.49 1.36 %
R2 3.47 0.86 %
R1 3.46 0.548 %
Current price: 3.44
Support S1 3.42 -0.451 %
S2 3.41 -0.760 %
S3 3.40 -1.26 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 3.60 4.65 %
R2 3.54 2.91 %
R1 3.47 0.87 %
Current price 3.44
Support S1 3.41 -0.87%
S2 3.38 -1.74%
S3 3.27 -4.94%

BTO Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 21, 2024 Mar 06, 2024 Mar 20, 2024 $0.0541 1.56%
2 Dec 01, 2023 Dec 01, 2023 Dec 01, 2023 $0 0%
3 Sep 05, 2023 Sep 20, 2023 Sep 29, 2023 $0.0540 1.38%
4 Jun 05, 2023 Jun 15, 2023 Jun 27, 2023 $0.0530 1.15%
5 Feb 22, 2023 Mar 07, 2023 Mar 17, 2023 $0.0540 1.08%

FAQ

What is the symbol for B2Gold Corp. Stock and on which exchange is it traded?
The symbol for B2Gold Corp. is BTO.TO and it is traded on the TSX (Toronto Stock Exchange).

Should I buy or sell B2Gold Corp. Stock?
B2Gold Corp. holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

How to buy B2Gold Corp. Stock?
B2Gold Corp. Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy B2Gold Corp. Stock.

What's the current price of B2Gold Corp. Stock?
As of the end of day on the 2024-03-27, the price of an B2Gold Corp. (BTO.TO) share was $3.44.

What is the 52-week high and low for B2Gold Corp. Stock?
The 52-week high for B2Gold Corp. Stock is $5.87 and the 52-week low is $3.18.

What is the market capitalization of B2Gold Corp. Stock?
As of the 2024-03-27, the market capitalization of B2Gold Corp. is 4.496B.

When is the next earnings date for B2Gold Corp.?
The upcoming earnings date for B2Gold Corp. is May 07, 2024.
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About B2Gold Corp.

B2Gold . B2Gold Corp. operates as a gold producer with three operating mines in Mali, the Philippines, and Namibia. It operates the Fekola Mine in Mali, the Masbate Mine in the Philippines, and the Otjikoto Mine in Namibia. The company also has an 25% interest in the Calibre Mining Corp.; and approximately 19% interest in BeMetals Corp. In addition, it has a portfolio of other evaluation and exploration assets in Mali, Uzbekistan, and Finland. The company... BTO.TO Profile

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