Shares of B2Gold Corp (NYSE:BTG) rose 5.7% during mid-day trading on Thursday . The company traded as high as $3.08 and last traded at $2.99, with a volume of 4,734,497 shares trading hands. The stock had previously closed at $2.83.

BTG has been the topic of a number of research reports. Scotiabank reiterated an “outperform” rating and issued a $3.25 price target on shares of B2Gold Corp in a report on Friday, July 1st. Canaccord Genuity reiterated a “buy” rating and issued a $5.25 price target (up from $4.75) on shares of B2Gold Corp in a report on Monday, August 8th. National Bank Financial reiterated a “sector perform” rating and issued a $4.50 price target (up from $4.20) on shares of B2Gold Corp in a report on Monday, August 8th. CIBC reiterated a “sector perform” rating and issued a $5.00 price target (up from $4.00) on shares of B2Gold Corp in a report on Monday, August 8th. Finally, Raymond James Financial Inc. reiterated an “outperform” rating and issued a $5.00 price target (up from $3.75) on shares of B2Gold Corp in a report on Monday, August 8th. Two equities research analysts have rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the company. B2Gold Corp presently has a consensus rating of “Buy” and a consensus target price of $4.50.

The firm has a 50 day moving average price of $3.12 and a 200-day moving average price of $2.14. The firm’s market cap is $2.72 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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