B2Gold Corp (BTG) Shares Down 1.9%
Shares of B2Gold Corp (NYSE:BTG) fell 1.9% on Wednesday . The company traded as low as $3.13 and last traded at $3.18, with a volume of 1,870,950 shares. The stock had previously closed at $3.24.
A number of research firms have recently weighed in on BTG. 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 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 for the company in a report on Tuesday, May 31st. Finally, Scotiabank reiterated an “outperform” rating and set a $3.25 target price on shares of B2Gold Corp in a report on Friday, July 15th.
The company’s market capitalization is $3.11 billion. The company has a 50 day moving average of $2.76 and a 200 day moving average of $1.86.
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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