B2Gold Corp (BTG) Shares Down 3.5%
B2Gold Corp (NYSE:BTG) shares traded down 3.5% during mid-day trading on Wednesday . The company traded as low as $2.70 and last traded at $2.78, with a volume of 2,687,891 shares traded. The stock had previously closed at $2.88.
A number of research analysts have issued reports on the stock. Scotiabank restated an “outperform” rating and set a $3.25 target price on shares of B2Gold Corp in a research report on Friday, July 15th. Zacks Investment Research upgraded shares of B2Gold Corp from a “hold” rating to a “strong-buy” rating and set a $2.00 target price on the stock in a research report on Tuesday, May 31st. Finally, National Bank Financial lowered shares of B2Gold Corp from an “outperform” rating to a “sector perform” rating and increased their target price for the stock from $3.85 to $4.20 in a research report on Friday, July 15th.
The stock’s market capitalization is $2.53 billion. The firm has a 50 day moving average price of $2.43 and a 200 day moving average price of $1.69.
B2Gold Corp. (B2Gold) is a gold producer with three operating mines (two in Nicaragua and one in the Philippines), a fourth mine which entered into the commissioning and testing phase in Namibia and a portfolio of development and exploration assets in Mali, Colombia, Burkina Faso and Nicaragua. The Company operates the Libertad Mine and the Limon Mine in Nicaragua, the Masbate Mine in the Philippines and the Otjikoto Mine in Namibia.
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