B2Gold Corp (BTG) Trading Up 1.6%
B2Gold Corp (NYSE:BTG) shares were up 1.6% during trading on Tuesday . The stock traded as high as $3.29 and last traded at $3.23, with a volume of 2,919,178 shares traded. The stock had previously closed at $3.18.
Several research analysts have recently commented on BTG shares. Zacks Investment Research upgraded B2Gold Corp from a “hold” rating to a “strong-buy” rating and set a $2.00 price target for the company in a research report on Tuesday, May 31st. Scotiabank restated an “outperform” rating and set a $3.25 price target on shares of B2Gold Corp in a research report on Friday, July 1st. Finally, National Bank Financial lowered B2Gold Corp from an “outperform” rating to a “sector perform” rating and raised their price target for the stock from $3.85 to $4.20 in a research report on Friday, July 15th.
The company has a 50-day moving average of $2.73 and a 200-day moving average of $1.85. The stock’s market capitalization 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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