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Re: otterman post# 105

Monday, 01/12/2015 1:21:57 PM

Monday, January 12, 2015 1:21:57 PM

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B2Gold (BTG) Stock Gains as Gold Prices Climb
01/12/15 - 01:05 PM EST
BYShawn IngramFollow |

http://www.thestreet.com/story/13007934/1/b2gold-btg-stock-gains-as-gold-prices-climb.html

Find out if (BTG) is in Cramer's Portfolio.
NEW YORK (TheStreet) -- Shares of B2Gold (BTG) were gaining 7.2% to $2.08 Monday as gold prices added onto last week's gains.

U.S. spot gold for February delivery was gaining 1.1% to $1,229.20 an ounce on the Comex on Monday afternoon, reaching as high as $1,231 earlier in the day..

Gold prices continued their gains due to a surprise drop in hourly wages in the U.S., according to Market Watch. The lower hourly wages helped keep expectations for an increase in interest rates low, according to the site.

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U.S. spot silver prices were also gaining 0.7% to $16.53 an ounce on the Comex Monday due to the lower hourly wages.

TheStreet Ratings team rates B2GOLD CORP as a Sell with a ratings score of D. TheStreet Ratings Team has this to say about their recommendation:

"We rate B2GOLD CORP (BTG) a SELL. This is driven by a few notable weaknesses, which we believe should have a greater impact than any strengths, and could make it more difficult for investors to achieve positive results compared to most of the stocks we cover. The company's weaknesses can be seen in multiple areas, such as its feeble growth in its earnings per share, deteriorating net income, disappointing return on equity and weak operating cash flow."

Highlights from the analysis by TheStreet Ratings Team goes as follows:

B2GOLD CORP's earnings have gone downhill when comparing its most recently reported quarter with the same quarter a year earlier. The company has suffered a declining pattern earnings per share over the past two years. During the past fiscal year, B2GOLD CORP reported lower earnings of $0.07 versus $0.14 in the prior year.
The company, on the basis of change in net income from the same quarter one year ago, has significantly underperformed when compared to that of the S&P 500 and the Metals & Mining industry. The net income has significantly decreased by 3548.2% when compared to the same quarter one year ago, falling from $7.95 million to -$274.10 million.
Return on equity has greatly decreased when compared to its ROE from the same quarter one year prior. This is a signal of major weakness within the corporation. Compared to other companies in the Metals & Mining industry and the overall market on the basis of return on equity, B2GOLD CORP underperformed against that of the industry average and is significantly less than that of the S&P 500.
Net operating cash flow has declined marginally to $33.18 million or 6.40% when compared to the same quarter last year. Despite a decrease in cash flow B2GOLD CORP is still fairing well by exceeding its industry average cash flow growth rate of -31.38%.
This stock's share value has moved by only 7.77% over the past year. The fact that the stock is now selling for less than others in its industry in relation to its current earnings is not reason enough to justify a buy rating at this time.
You can view the full analysis from the report here: BTG Ratings Report

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