5 Best Fundamentally Strong Penny Stocks To Invest In

4. B2Gold Corp (NYSE:BTG)

Number of Hedge Fund Investors: 19

Canadian mining company B2Gold Corp (NYSE:BTG) shares were spotted in 19 hedge fund portfolios as of the end of the third quarter of 2023. In November B2Gold Corp (NYSE:BTG) posted Q3 results. Adjusted EPS in the period came in at $0.05, missing estimates by $0.02. Revenue jumped about 21.7% year over year to $477.89 million, surpassing estimates by $12.55 million.

The biggest stakeholder of B2Gold Corp (NYSE:BTG) was John Overdeck and David Siegel’s Two Sigma Advisors which owns a $34 million stake in B2Gold Corp (NYSE:BTG).