B2Gold Corp (BTG) Sets New 1-Year High at $3.42
B2Gold Corp (NYSE:BTG)’s share price reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $3.42 and last traded at $3.39, with a volume of 3,442,085 shares. The stock had previously closed at $3.23.
A number of equities analysts have issued reports on the company. National Bank Financial downgraded B2Gold Corp from an “outperform” rating to a “sector perform” rating and increased their price objective for the stock from $3.85 to $4.20 in a report on Friday, July 15th. Scotiabank reissued an “outperform” rating and issued a $3.25 target price on shares of B2Gold Corp in a research note on Friday, July 15th. Finally, Zacks Investment Research raised B2Gold Corp from a “hold” rating to a “strong-buy” rating and set a $2.00 target price on the stock in a research note on Tuesday, May 31st.
The company has a 50 day moving average price of $2.73 and a 200-day moving average price of $1.85. The company’s market cap is $3.15 billion.
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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