Although b2gold has decent dividends but the shareprice has been tanking near 52 weeks low while gold price is reaching ATH. How do you justify it’s a good stock although the dividend is stable but it doesn’t make up the losses in the shareprice …
One way I look at it would be the potential future growth of dividends. Price to sales look good and positive EPS of .06 per the most recent quarterly report. Let's say gold hits $3,000+ which in my opinion is completely reasonable. BTG may increase the level of income you receive and with higher margins, investors may eventually come back into the stock and push the price up. Only a $3 billion market cap, and the stock has potential for a move up and actually an increase in dividends if the EPS growth and overall cash flow picks up here for the company.
Although b2gold has decent dividends but the shareprice has been tanking near 52 weeks low while gold price is reaching ATH. How do you justify it’s a good stock although the dividend is stable but it doesn’t make up the losses in the shareprice …
One way I look at it would be the potential future growth of dividends. Price to sales look good and positive EPS of .06 per the most recent quarterly report. Let's say gold hits $3,000+ which in my opinion is completely reasonable. BTG may increase the level of income you receive and with higher margins, investors may eventually come back into the stock and push the price up. Only a $3 billion market cap, and the stock has potential for a move up and actually an increase in dividends if the EPS growth and overall cash flow picks up here for the company.