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Guggenheim Capital LLC lowered its position in B2Gold Corp. (NYSEAMERICAN: BTG) (TSE: BTO) 5.3% in Q1, according to The fund held 599,069 shares of the base materials company after selling 33,813 shares during the period, while Guggenheim Capital LLC held approximately 0.06% of B2Gold worth $ 1,635,000.
A number of other institutional investors and hedge funds recently bought and sold shares, Van ECK Associates Corp. strengthened its position in B2Gold shares by 1.2% in the first quarter. ECK Associates Corp now holds 118,233,905 shares of the base materials company valued at $ 322,829,000 after acquiring 1,409,132 additional shares during the period, while OppenheimerFunds Inc. has increased its position 2.8% in B2Gold shares. the first quarter. OppenheimerFunds Inc. now holds 11,300,000 shares of the base materials company valued at $ 30,849,000 after acquiring 520,000 additional shares during the period. First Eagle Investment Management LLC strengthened its position in B2Gold shares by 26.0% in the first quarter. First Eagle Investment Management LLC now holds 9,700,300 shares of the base materials company valued at $ 26,577,000 after acquiring 2,000,000 additional shares during the period. Gabelli Funds LLC strengthened its position in B2Gold shares by 5.8% in the first quarter. Gabelli Funds LLC now holds 4,447,000 shares of the base materials company valued at $ 12,140,000 after acquiring an additional 242,000 shares during the period. Finally, the Toronto Dominion Bank increased its position in B2Gold shares by 83.3% in the first quarter. The Toronto Dominion Bank now holds 2,571,332 shares of the base materials company valued at $ 7,037,000 after acquiring 1,168,755 additional shares during the period.
BTG fell $ 0.03 on Friday, reaching $ 2.51. The company had an exchange volume of 2,144,579 shares, compared to its average volume of 3,611,171. B2Gold Corp. has a 52-week low of $ 2.31 and a 52-week high of $ 3.30.
B2Gold (NYSEAMERICAN: BTG) (TSE: BTO) last released its quarterly results on Wednesday, May 9th. The base materials company reported earnings per share of $ 0.06 for the quarter, compared with $ 0.07 for the consensus estimate of $ 0.07. The business generated a business turnover of $ 344.30 million for the quarter, compared with $ 293.07 million for analysts. The quarterly business turnover of the company increased by 135.3% from one year to the next. In the same quarter of the previous year, the company earned $ 0.02 per share.
About B2Gold
B2Gold Corp., with its subsidiaries, engages in the exploration and development of mining properties in Nicaragua, the Philippines, Mali, Colombia, in Burkina Faso, Finland and Namibia. It mainly explores gold and silver deposits. The company owns mainly 80% of the Fekola mine, an open pit gold mine located in Mali; 90% stake in the Otjikoto gold mine north of Windhoek, Namibia; Gold Masbate project located in southeast Manila, Philippines; and a 95% stake in El Limon Mine, an underground gold mine in northwestern Nicaragua.
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