B2Gold Corp (BTG) Hits New 1-Year High at $3.42
B2Gold Corp (NYSE:BTG) shares reached a new 52-week high during 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.
BTG has been the topic of a number of research analyst reports. Scotiabank reaffirmed an “outperform” rating and set a $3.25 target price on shares of B2Gold Corp in a report on Friday, July 1st. 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 report on Tuesday, May 31st. Finally, National Bank Financial downgraded 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.
The stock has a 50 day moving average of $2.80 and a 200 day moving average of $1.87. The company’s market cap is $3.10 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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