BTG - small gold mine stock might be reading for a jump
Fundamentals: If gold rally continues due to inflationary fears, gold stocks including BTG could offer good risk/reward ratios. B2Gold Corp. is an exploration company, which engages in the acquisition and development of mineral properties. According to Interactive Brokers, the average 1 year target from analysts = 8. The company has attractive value characteristics - P/E, gross margin, operating margin.
Technical: To allow the stock some level of fluctuation the stop could be around 4.2 level. It appears that the stock has ended or is near ending the corrective move downward.
Technical: To allow the stock some level of fluctuation the stop could be around 4.2 level. It appears that the stock has ended or is near ending the corrective move downward.