Hello accounting enthusiasts, Please find, bellow, your group assignment (weight: 20%)
Format: maximum 8 pages business report (appendixes: unlimited ... see format in Moodle)
You are a newly minted MBA and your boss came to you telling you that s/he has seen, in the BC Business Magazine, that a company called B2Gold Corporation (TSX Ticker: BTO) has a market capitalization of $5,750,000,000. Now, your boss is asking you to send her a report, with the highlights of your analysis of the B2Gold company. You know that your boss, also an immigrant, has a certain affinity for gold and s/he would be curious if it is more advantageous to invest in gold (e.g. jewellery) or buy B2Gold stocks.
Hint: besides ratio analysis it is good to predict future cash flows (as we discussed in class). Your task would be greatly facilitated if your analysis would follow the format extensively explained in class (i.e. looking for the P/E and EPS ratios and comparing these ratios and analyzing the value drivers)