Buying B2 Gold (BTG)
February 22, 2023
B2 Gold (BTG) pays a 4.82% dividend as of last night’s close, and is in an area I don’t mind buying. A return just to the recent high two months ago would be a 30% gain, and a return to the all time high made in 2020 would be well over a double from here. I like that it made all time highs in the last couple years, it will likely do it again as their free cash flow continues to grow. Below is the monthly chart, and while I prefer the stochastics to be oversold, they still have not reached overbought so the shares still have more upside potential. And the weekly chart does show the stochastics to be oversold already, so I have no problem buying into a roughly 25% decline that has occurred over the last four weeks
