B2Gold Corp (BTG) Sees Strong Trading Volume
B2Gold Corp (NYSE:BTG) shares saw unusually-strong trading volume on Friday . Approximately 20,372,388 shares were traded during trading, an increase of 132% from the previous session’s volume of 8,777,796 shares.The stock last traded at $3.45 and had previously closed at $3.49.
Several analysts recently weighed in on BTG shares. Scotiabank reissued an “outperform” rating and set a $3.25 price target on shares of B2Gold Corp in a report on Friday, July 1st. Canaccord Genuity reissued a “buy” rating and set a $5.25 price target (up from $4.75) on shares of B2Gold Corp in a report on Monday. National Bank Financial reissued a “sector perform” rating and set a $4.50 price target (up from $4.20) on shares of B2Gold Corp in a report on Monday. CIBC restated a “sector perform” rating and set a $5.00 price objective (up previously from $4.00) on shares of B2Gold Corp in a research note on Monday. Finally, Raymond James Financial Inc. restated an “outperform” rating and set a $5.00 price objective (up previously from $3.75) on shares of B2Gold Corp in a research note on Monday. Two equities research analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of $4.50.
The stock’s 50-day moving average is $2.94 and its 200 day moving average is $1.95. The firm’s market cap is $3.25 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.
Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.