B2Gold Corp (BTG) Trading 4.4% Higher
B2Gold Corp (NYSE:BTG) traded up 4.4% during mid-day trading on Thursday . The company traded as high as $2.87 and last traded at $2.84, with a volume of 2,309,417 shares trading hands. The stock had previously closed at $2.72.
A number of equities research analysts recently issued reports on the stock. National Bank Financial cut shares of B2Gold Corp from an “outperform” rating to a “sector perform” rating and lifted their price target for the company from $3.85 to $4.20 in a research note on Friday, July 15th. Scotiabank reissued an “outperform” rating and issued a $3.25 price target on shares of B2Gold Corp in a research note on Friday, July 15th. Finally, Zacks Investment Research raised shares of B2Gold Corp from a “hold” rating to a “strong-buy” rating and set a $2.00 price target on the stock in a research note on Tuesday, May 31st.
The stock’s market cap is $2.66 billion. The firm’s 50-day moving average price is $2.45 and its 200 day moving average price is $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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