B2Gold Corp (BTG) Stock Price Up 2.9%
Shares of B2Gold Corp (NYSE:BTG) rose 2.9% on Tuesday . The company traded as high as $3.55 and last traded at $3.51, with a volume of 2,377,603 shares. The stock had previously closed at $3.41.
A number of equities analysts recently commented on BTG shares. TD Securities reaffirmed a “buy” rating and issued a $5.50 price objective (up previously from $4.00) on shares of B2Gold Corp in a research note on Wednesday. Scotiabank reaffirmed an “outperform” rating and issued a $3.25 price objective on shares of B2Gold Corp in a research note on Friday, July 1st. National Bank Financial lowered shares of B2Gold Corp from an “outperform” rating to a “sector perform” rating and raised their price objective for the stock from $3.85 to $4.20 in a research note on Friday, July 15th. Zacks Investment Research raised shares of B2Gold Corp from a “hold” rating to a “strong-buy” rating and set a $2.00 price objective for the company in a research note on Tuesday, May 31st. Finally, Clarus Securities raised shares of B2Gold Corp from a “hold” rating to a “buy” rating in a research note on Monday. Two investment analysts have rated the stock with a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company. B2Gold Corp presently has an average rating of “Buy” and an average price target of $4.50.
The company’s market capitalization is $3.35 billion. The stock’s 50 day moving average price is $2.91 and its 200 day moving average price is $1.94.
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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