B2GOLD (BTO) Stocks
B2Gold Corp. is a gold mining company. Its portfolio consists of three operating mines.
The company also has additional development and exploration projects in several locations in countries such as Mali, Namibia, Philippines and Columbia.
It owns 90 percent interest in the Otjikoto gold mine in Namibia, 80 percent interest in the Fekola mine in Mali as well as 100 percent interest in the underground El Limon mine as well as 100 percent interest in the La Libertad mine in Nicaragua, 49 percent interest in the Gramalote property in Columbia and 81 percent interest in the Toega and Kiaka projects in Burkina Faso.
B2Gold Corp. is a S&P/TSX Composite Component. The company is headquartered in Vancouver, British Columbia, Canada. It is listed on both the New York Stock Exchange and the Toronto Stock Exchange.
OVERVIEW OF B2GOLD
B2Gold Corp. is founded by Clive Johnson and a few other Bema Gold former executives in 2007 after Bema Gold is purchased by Kinross Gold for a price of US Dollar 3.5 billion.
It first lists on the Toronto Venture Exchange and raises US Dollar 100 million in its initial public offering. It moves to the Toronto Stock Exchange in 2008.
The company buys Central Sun Mining in 2009, which adds the La Libertad mine in Nicaragua to its portfolio. It buys an Australian gold mining company, CGA Mining, in 2012 for a price of US Dollar 1.1 billion.
The transaction adds the largest gold mine in the Philippines, the Masbate mine, to its portfolio.
Papillon Resources is purchased in 2014 for a price of US Dollar 570 million, which adds Mali’s Fekola property to B2Gold Corp.’s ever-expanding portfolio.
VISION & VALUES OF B2GOLD
B2Gold Corp’s vision is to have a positive socio-economic impact on the communities in which it operates.
B2Gold Corp. operates environmentally and socially responsibly. Its environmental management plays an important role in the company’s integral business practices.
It supports initiatives and organizations within its local communities and protects the environment. B2Gold Corp. values its employees and ensures that all operations are in accordance with health and safety rules and regulations.
B2Gold Corp conducts business with honesty, integrity and ethical standards.
MARKET PERFORMANCE OF B2GOLD
B2Gold Corp. trades on the Toronto Stock Exchange under the TSX stock symbol BTO.
Data analysis for B2Gold Corp’s financial quarter for the three months ending September 30, 2019 reports a gold revenue of US Dollar 310.8 million.
Total cost of sales is US Dollar 178.5 million. Gross profit is US Dollar 132.2 million. Operating income is US Dollar 115.6 million. Net income for the period is US Dollar 65.6 million.
Basic and diluted earnings are 0.05 cents per share.
Buy B2GOLD stocks / shares – A Step by Step Guide how to Buy / Purchase B2GOLD Stocks or Shares online.
Before buying any stock or share one has to consider a few factors.
STEP 1: PROPER RESEARCH IS ESSENTIAL
Upon deciding you want to buy B2GOLD Stocks / Shares, it is critical for the serious investor to do proper research into the said company. Its values should align with those of the investor’s current portfolio. An investor needs to familiarise himself with the basics and history of the company, as well as its leadership and performance in the market. Its company reports should also be scrutinized.
Consultation with a brokerage firm can also assist in determining whether investing in a specific company will complement the investor’s current portfolio. The investment “risk ladder”, which identifies asset classes based on their relative riskiness, is another useful tool when determining which company’s stock / share is the best to buy.
STEP 2: CALCULATE THE AMOUNT OF INVESTMENT IN B2GOLD STOCKS / SHARES
It is important for an investor to monitor his total investment in stock in order to keep his portfolio aligned to his investment strategy. The overall value of his holdings will change with the fluctuation in stock prices, which can throw his portfolio off balance. To determine the amount to invest, multiply the number of shares of each stock by its current market price to determine the total investment in that specific stock. For example, if you own 100 shares of a US Dollar 5 stock, multiply 100 by US Dollar 5 to get US Dollar 500.
STEP 3: DECIDE ON THE STOCK / SHARE ORDER TYPE
Investors can choose from a market order, a limit order, a stop order (also referred to as a stop-loss order) or a buy/sell stop order. It is important to familiarise yourself with each type’s pros and cons before deciding which one will suit your current stock profile best. An investor should be guided in this choice by his investment objective.
STEP 4: OPEN A BROKERAGE ACCOUNT
A brokerage account – also known as taxable investment account – is similar to a retirement account, but more flexible. Where a retirement account has limitations on the amount of money that can be contributed annually, and restrictions on when funds can be withdrawn, a brokerage account is more flexible. The latter has no income or contribution limit and the investor can withdraw his money at any given time. This flexibility, together with its potential investment gains, makes a brokerage account more attractive to serious investors. Brokerage accounts are ideal for goals or savings that are further than five years away, but closer than retirement. It can also supplement an investor’s emergency savings.
STEP 5: COMMIT AND PURCHASE B2GOLD STOCKS / SHARES
Lastly, commit to the stock. Pro Tip: Monitor the value of your stock to ensure you have a growing stock value and dividend pay-out. Regularly check the share price online to ensure your investment delivers a positive return on investment. You are now a proud owner of B2GOLD stocks / shares.
5 Questions to ask yourself before purchasing any stocks or shares.
- Is it the best time to buy this stock / share?
- Should I buy B2GOLD stocks / shares in the current economic climate?
- Can I afford to buy this stock / share?
- What is the forecast of the stock / share growth?
- What is the current price per earning ration on the stock / share?