B2Gold Corp.

BTO-T

Analysis and Opinions about BTO-T

Signal
Opinion
Expert
BUY
BUY
April 24, 2020
He is keen on gold in general as it appears to be a good place to be hiding during this market uncertainty. This company is a holding for him and still a candidate for purchase today. He is not overly concerned about South Africa violence, as the operations are far removed from the issues.
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B2Gold Corp. (BTO-T)
April 24, 2020
He is keen on gold in general as it appears to be a good place to be hiding during this market uncertainty. This company is a holding for him and still a candidate for purchase today. He is not overly concerned about South Africa violence, as the operations are far removed from the issues.
HOLD
HOLD
March 3, 2020
He's been in and out of this, due to occasional jurisdictional issues. A well-regarded mid-tier gold producer, though, offering low costs and high free cash flow. Nothing fundamentally wrong with this. Will future growth be organic or a purchase? Hold if you own it. Margins have big upside if gold breaks $1,700/ounce.
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B2Gold Corp. (BTO-T)
March 3, 2020
He's been in and out of this, due to occasional jurisdictional issues. A well-regarded mid-tier gold producer, though, offering low costs and high free cash flow. Nothing fundamentally wrong with this. Will future growth be organic or a purchase? Hold if you own it. Margins have big upside if gold breaks $1,700/ounce.
COMMENT
COMMENT
January 31, 2020
BTO vs PAAS? You can do well in both. He likes the growth with PAAS silver production. Silver prices should do well relative to gold. He would favour PAAS. BTO may be looking to issue shares and this could be viewed as dilutive.
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B2Gold Corp. (BTO-T)
January 31, 2020
BTO vs PAAS? You can do well in both. He likes the growth with PAAS silver production. Silver prices should do well relative to gold. He would favour PAAS. BTO may be looking to issue shares and this could be viewed as dilutive.
PAST TOP PICK
PAST TOP PICK
November 6, 2019
(A Top Pick Nov 06/18, Up 40%) A stand up performer. Their mine is getting better and better. They had a great quarter this year. There's pressure on the company to do something, but the CEO doesn't make mistakes. Buy this if you like gold.
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B2Gold Corp. (BTO-T)
November 6, 2019
(A Top Pick Nov 06/18, Up 40%) A stand up performer. Their mine is getting better and better. They had a great quarter this year. There's pressure on the company to do something, but the CEO doesn't make mistakes. Buy this if you like gold.
DON'T BUY
DON'T BUY
October 23, 2019
A long-term hold with many holdings in Latin America, Mali and Africa--doesn't understand the geopolitics in the last two areas, so he's wary. Has a $6.50-7 target. His firm has a buy signal. You can average down here.
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B2Gold Corp. (BTO-T)
October 23, 2019
A long-term hold with many holdings in Latin America, Mali and Africa--doesn't understand the geopolitics in the last two areas, so he's wary. Has a $6.50-7 target. His firm has a buy signal. You can average down here.
SELL
SELL
June 28, 2019
Lots of overhead resistance right now. Upside potential is limited. Remember, he's bearish on anything with the word "gold" in it. Be concerned if it goes below $3.70. (Analysts’ price target is $5.27)
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B2Gold Corp. (BTO-T)
June 28, 2019
Lots of overhead resistance right now. Upside potential is limited. Remember, he's bearish on anything with the word "gold" in it. Be concerned if it goes below $3.70. (Analysts’ price target is $5.27)
PAST TOP PICK
PAST TOP PICK
June 18, 2019
(A Top Pick Mar 15/19, Up 6%) He thinks over the next couple of weeks, gold prices will retrace and he would look to buy into the weakness.
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B2Gold Corp. (BTO-T)
June 18, 2019
(A Top Pick Mar 15/19, Up 6%) He thinks over the next couple of weeks, gold prices will retrace and he would look to buy into the weakness.
TOP PICK
TOP PICK
May 15, 2019
This moves perfectly in tandem with gold itself. Important support (and 200-day average) at $3.49. The sharp pullback in Feb-March has stablized, and summer is gold's seasonality. (Analysts’ price target is $5.12)
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B2Gold Corp. (BTO-T)
May 15, 2019
This moves perfectly in tandem with gold itself. Important support (and 200-day average) at $3.49. The sharp pullback in Feb-March has stablized, and summer is gold's seasonality. (Analysts’ price target is $5.12)
HOLD
HOLD
May 6, 2019
Reflects the whole sector. This is range-bound and we're now right in the middle. Gold is on the cusp of seasonality. Stick with this. Gold will hold at the current levels and is holding at the 50-week moving average nicely. BTO reports tomorrow.
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Reflects the whole sector. This is range-bound and we're now right in the middle. Gold is on the cusp of seasonality. Stick with this. Gold will hold at the current levels and is holding at the 50-week moving average nicely. BTO reports tomorrow.
COMMENT
COMMENT
March 5, 2019
A well-levered company, but they got to manage geopolitical risk in Mali, Nicaragua, Phillippines and Namibia. Very good operators and have shown fine performance vs. the gold price.
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B2Gold Corp. (BTO-T)
March 5, 2019
A well-levered company, but they got to manage geopolitical risk in Mali, Nicaragua, Phillippines and Namibia. Very good operators and have shown fine performance vs. the gold price.
BUY
BUY
March 5, 2019
A team that has been together for a long time and found and built mines successfully in many places in the world. The CEO is brilliant.
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B2Gold Corp. (BTO-T)
March 5, 2019
A team that has been together for a long time and found and built mines successfully in many places in the world. The CEO is brilliant.
HOLD
HOLD
March 4, 2019
It is a well run company that he has owned and recommended in the past. Now it trades at a premium, which it deserves. He has a difficult time justifying it based on geopolitical risk. There are cheaper names in West Africa.
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B2Gold Corp. (BTO-T)
March 4, 2019
It is a well run company that he has owned and recommended in the past. Now it trades at a premium, which it deserves. He has a difficult time justifying it based on geopolitical risk. There are cheaper names in West Africa.
COMMENT
COMMENT
February 5, 2019
Well liked name. Intermediate-junior area, one of the most successful names. Most important asset, in Africa, has been really successful. It's important to them, and also to others, so there's the possibility of some M&A. (Analysts’ price target is $5.16)
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B2Gold Corp. (BTO-T)
February 5, 2019
Well liked name. Intermediate-junior area, one of the most successful names. Most important asset, in Africa, has been really successful. It's important to them, and also to others, so there's the possibility of some M&A. (Analysts’ price target is $5.16)
HOLD
HOLD
February 4, 2019
According to the chart it is going to go higher. If it gets below $4, he would buy it right away, otherwise sit tight.
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B2Gold Corp. (BTO-T)
February 4, 2019
According to the chart it is going to go higher. If it gets below $4, he would buy it right away, otherwise sit tight.
WEAK BUY
WEAK BUY
January 29, 2019
Gold is really trying to move up. BTO looks pretty good. $2.80-3 has a lot of support and has shown a good uptrend. Likes it. Use a 50-day moving average to exit this. It has been going sideways though. Don't take a big position.
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B2Gold Corp. (BTO-T)
January 29, 2019
Gold is really trying to move up. BTO looks pretty good. $2.80-3 has a lot of support and has shown a good uptrend. Likes it. Use a 50-day moving average to exit this. It has been going sideways though. Don't take a big position.
TOP PICK
TOP PICK
January 14, 2019
They have world-class assets, having grown rapidly in five years. Very likely a takeover target at $5/share. Senior producers will be hunting for mid-tier producers to fulfill their production growth. (Analysts’ price target is $5.21)
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B2Gold Corp. (BTO-T)
January 14, 2019
They have world-class assets, having grown rapidly in five years. Very likely a takeover target at $5/share. Senior producers will be hunting for mid-tier producers to fulfill their production growth. (Analysts’ price target is $5.21)
TOP PICK
TOP PICK
November 6, 2018
Great management team. They've built mines from Russia, Namibia to Chad. They're generating gobs of cash. The price was depressed because they took on debt to build their mines, but all that cash is melting that debt. (Analysts’ price target is $5.09)
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B2Gold Corp. (BTO-T)
November 6, 2018
Great management team. They've built mines from Russia, Namibia to Chad. They're generating gobs of cash. The price was depressed because they took on debt to build their mines, but all that cash is melting that debt. (Analysts’ price target is $5.09)
WATCH
WATCH
November 1, 2018
He really likes this longer term downtrend break. If we get above $4 it opens the next resistance at $5. You are entering into a period of seasonal strength. He likes the setup for golds medium term.
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B2Gold Corp. (BTO-T)
November 1, 2018
He really likes this longer term downtrend break. If we get above $4 it opens the next resistance at $5. You are entering into a period of seasonal strength. He likes the setup for golds medium term.
WATCH
WATCH
October 11, 2018

It is a reasonable size. It has a pretty big PE. It is not free cash flow positive. The big call is where you think the price of gold is going to go. The rising deficit of the US is significant, 5% of GDP. Overall gold at the moment will reflect concerns about inflation. The price has not driven producers. This stock is reasonably priced.

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B2Gold Corp. (BTO-T)
October 11, 2018

It is a reasonable size. It has a pretty big PE. It is not free cash flow positive. The big call is where you think the price of gold is going to go. The rising deficit of the US is significant, 5% of GDP. Overall gold at the moment will reflect concerns about inflation. The price has not driven producers. This stock is reasonably priced.

DON'T BUY
DON'T BUY
May 1, 2018

Gold is trapped in no-man's land, unable to break $1,350/ounce for a long while. That's reflected in this stock which has a lid on it. Until this breaks out, there's no buying opportunity. Also, existing shareholders will sell off when this
eventually rises. This could be sideways for a while.

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Gold is trapped in no-man's land, unable to break $1,350/ounce for a long while. That's reflected in this stock which has a lid on it. Until this breaks out, there's no buying opportunity. Also, existing shareholders will sell off when this
eventually rises. This could be sideways for a while.

BUY
BUY
April 30, 2018

It has been basing. There have been some great opportunities to buy in the low $3 / high $2 range. He thinks we will see strength in July and look back to say this would have been a good time to acquire them. See his Top Picks today also.

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B2Gold Corp. (BTO-T)
April 30, 2018

It has been basing. There have been some great opportunities to buy in the low $3 / high $2 range. He thinks we will see strength in July and look back to say this would have been a good time to acquire them. See his Top Picks today also.

PAST TOP PICK
PAST TOP PICK
March 5, 2018

(A Top Pick March 2/17, Down 3%) They brought in a deposit under budget which is really tough to do in west Africa. They generate an amazing amount of cash. Management has done a marvellous job of deploying cash and will continue to do so.

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B2Gold Corp. (BTO-T)
March 5, 2018

(A Top Pick March 2/17, Down 3%) They brought in a deposit under budget which is really tough to do in west Africa. They generate an amazing amount of cash. Management has done a marvellous job of deploying cash and will continue to do so.

HOLD
HOLD
March 2, 2018

Clive is viewed as a builder. He would continue to hold it here and it plays well in this period of uncertainty on yields – gold will remain an important asset class.

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B2Gold Corp. (BTO-T)
March 2, 2018

Clive is viewed as a builder. He would continue to hold it here and it plays well in this period of uncertainty on yields – gold will remain an important asset class.

COMMENT
COMMENT
January 16, 2018

As a general rule, gold moves with the US$, and the US$ has been getting hurt, but could change later this week once the US gets their budget in order. The principals involved have a pretty good track record, so this could be a good way to go.

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B2Gold Corp. (BTO-T)
January 16, 2018

As a general rule, gold moves with the US$, and the US$ has been getting hurt, but could change later this week once the US gets their budget in order. The principals involved have a pretty good track record, so this could be a good way to go.

COMMENT
COMMENT
January 8, 2018

Gold Stocks? He doesn't like gold miners or the way they look, and is neutral to somewhat bearish. There are 1,000 places he would rather be. The chart is showing a triangular type of consolidation. It could break out, but in order for that to happen, you need gold to bust $1350, and it is nowhere near that.

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B2Gold Corp. (BTO-T)
January 8, 2018

Gold Stocks? He doesn't like gold miners or the way they look, and is neutral to somewhat bearish. There are 1,000 places he would rather be. The chart is showing a triangular type of consolidation. It could break out, but in order for that to happen, you need gold to bust $1350, and it is nowhere near that.

HOLD
HOLD
January 2, 2018

He really likes gold for this year. The stock has come back to life, which is great. It's the kind of stock that could go. It would probably take gold to go to $1400. It has to get up through $5 before he would really love it, but he likes what it is doing right now.

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B2Gold Corp. (BTO-T)
January 2, 2018

He really likes gold for this year. The stock has come back to life, which is great. It's the kind of stock that could go. It would probably take gold to go to $1400. It has to get up through $5 before he would really love it, but he likes what it is doing right now.

DON'T BUY
DON'T BUY
December 1, 2017

B2GOLD (BTO-T) vs Alamos Gold (AGI-T) He wouldn't buy neither of the two, but if he had to choose he prefers BTO-T. BTO-T is forming more of a symmetrical triangle with the bottom going up and the top going down. You can only buy this kind of stock on a breakout to the upside. Eventually it'll break down one side or the other. AGI-T is in a less favorable trend. The lows are more or less getting lowerish. He would only buy this if it broke out on the upside.

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B2Gold Corp. (BTO-T)
December 1, 2017

B2GOLD (BTO-T) vs Alamos Gold (AGI-T) He wouldn't buy neither of the two, but if he had to choose he prefers BTO-T. BTO-T is forming more of a symmetrical triangle with the bottom going up and the top going down. You can only buy this kind of stock on a breakout to the upside. Eventually it'll break down one side or the other. AGI-T is in a less favorable trend. The lows are more or less getting lowerish. He would only buy this if it broke out on the upside.

COMMENT
COMMENT
November 28, 2017

Seasonally, this has a history of bottoming around the 2nd week in December, and moving higher through into March. Every year we get the PDAC conference in Toronto around the beginning of March. A lot of gold guys come in giving lots of good news, and gold stocks have a tendency to peak right around the time of the conference. The chart shows this has already formed a base and triangle pattern. A move above the triangle pattern will tell you that the period of seasonal strength has once again come into force. We are not there yet, but it will probably show up in the next 2 weeks.

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B2Gold Corp. (BTO-T)
November 28, 2017

Seasonally, this has a history of bottoming around the 2nd week in December, and moving higher through into March. Every year we get the PDAC conference in Toronto around the beginning of March. A lot of gold guys come in giving lots of good news, and gold stocks have a tendency to peak right around the time of the conference. The chart shows this has already formed a base and triangle pattern. A move above the triangle pattern will tell you that the period of seasonal strength has once again come into force. We are not there yet, but it will probably show up in the next 2 weeks.

COMMENT
COMMENT
November 9, 2017

Great implementers. They’ve done a fantastic job buying deposits, putting them in production and operating them well. Thinks the most recent one will surprise the market to the upside. They are enjoying good exploration results in Burkina Faso.

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B2Gold Corp. (BTO-T)
November 9, 2017

Great implementers. They’ve done a fantastic job buying deposits, putting them in production and operating them well. Thinks the most recent one will surprise the market to the upside. They are enjoying good exploration results in Burkina Faso.

WAIT
WAIT
October 27, 2017

Gold seasonality is really from the end of July to the beginning of October, but it can also do well from December into February. There is an interest rate increase possibility for December in the US. If they do, it hurts gold. Has seen gold perform poorly in December until the end of December because of the tendency for the Fed to raise rates at the end of the year. Wait until the end of December before actually adding, and then let it run into Jan/Feb.

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B2Gold Corp. (BTO-T)
October 27, 2017

Gold seasonality is really from the end of July to the beginning of October, but it can also do well from December into February. There is an interest rate increase possibility for December in the US. If they do, it hurts gold. Has seen gold perform poorly in December until the end of December because of the tendency for the Fed to raise rates at the end of the year. Wait until the end of December before actually adding, and then let it run into Jan/Feb.

COMMENT
COMMENT
October 13, 2017

Had liked this in the past. At this point, it is probably a good idea. Back in their heyday of 2010-2011, they were earning a 17% return, which then plummeted all the way down to zero, and has now nudged its way back up to 5%. On a relative gold to gold basis, you have an improving return with a decent valuation. This is pretty good.

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B2Gold Corp. (BTO-T)
October 13, 2017

Had liked this in the past. At this point, it is probably a good idea. Back in their heyday of 2010-2011, they were earning a 17% return, which then plummeted all the way down to zero, and has now nudged its way back up to 5%. On a relative gold to gold basis, you have an improving return with a decent valuation. This is pretty good.

HOLD
HOLD
September 22, 2017

Gold stocks in general have a very strong period of seasonal strength, normally from the end of July through until the beginning of October. It started out positive this year, but lately has been going sideways to down. The problem is that we are running out of the period of seasonal strength, about 2 weeks from now. Continue holding the stock with the possibility that it might get to the top of its trading range, and you may want to take money off the table in the next 2 weeks.

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B2Gold Corp. (BTO-T)
September 22, 2017

Gold stocks in general have a very strong period of seasonal strength, normally from the end of July through until the beginning of October. It started out positive this year, but lately has been going sideways to down. The problem is that we are running out of the period of seasonal strength, about 2 weeks from now. Continue holding the stock with the possibility that it might get to the top of its trading range, and you may want to take money off the table in the next 2 weeks.

BUY
BUY
August 25, 2017

It has strong seasonality from July to October. It worked last year, but not the year before. We recently saw an uptick during its period of season strength so there is a good chance it tests its resistance and if it gets above $4 it has a good chance to get to $4.70.

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B2Gold Corp. (BTO-T)
August 25, 2017

It has strong seasonality from July to October. It worked last year, but not the year before. We recently saw an uptick during its period of season strength so there is a good chance it tests its resistance and if it gets above $4 it has a good chance to get to $4.70.

TOP PICK
TOP PICK
March 2, 2017

The growth profile is excellent. They have a franchise: They are very good mine builders. The asset they are building now is underappreciated by the market. This is a second tier gold name. (Analysts target: $5.10).

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B2Gold Corp. (BTO-T)
March 2, 2017

The growth profile is excellent. They have a franchise: They are very good mine builders. The asset they are building now is underappreciated by the market. This is a second tier gold name. (Analysts target: $5.10).

PAST TOP PICK
PAST TOP PICK
November 22, 2016

(A Top Pick Sept 8/16. Down 13.73%.) When gold goes down, gold companies go down too. There is nothing you can do about it. He still likes this.

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B2Gold Corp. (BTO-T)
November 22, 2016

(A Top Pick Sept 8/16. Down 13.73%.) When gold goes down, gold companies go down too. There is nothing you can do about it. He still likes this.

WAIT
WAIT
November 7, 2016

Gold has a lot to do with the presidential election. Gold does very well when there is a spike in volatility. In the last 3 weeks, we have seen the VIX Index go from about 14% to over 22%. When you see the VIX going higher, that’s when you want to be in gold and gold stocks. This stock has established a downward trend. Wait for the stock to start to bottom at support of around $3.67. Seasonally the best time to be in gold is in the summer.

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B2Gold Corp. (BTO-T)
November 7, 2016

Gold has a lot to do with the presidential election. Gold does very well when there is a spike in volatility. In the last 3 weeks, we have seen the VIX Index go from about 14% to over 22%. When you see the VIX going higher, that’s when you want to be in gold and gold stocks. This stock has established a downward trend. Wait for the stock to start to bottom at support of around $3.67. Seasonally the best time to be in gold is in the summer.