B2Gold Corp (NYSE:BTG) shares fell 4.9% on Tuesday . The company traded as low as $2.73 and last traded at $2.73, with a volume of 3,404,795 shares changing hands. The stock had previously closed at $2.87.

A number of brokerages have recently weighed in on BTG. TD Securities restated a “buy” rating and issued a $5.50 price target (up previously from $4.00) on shares of B2Gold Corp in a research report on Wednesday, August 10th. Raymond James Financial Inc. restated an “outperform” rating and issued a $5.00 price target (up previously from $3.75) on shares of B2Gold Corp in a research report on Monday, August 8th. RBC Capital Markets restated an “outperform” rating and issued a $5.50 price target (up previously from $5.00) on shares of B2Gold Corp in a research report on Monday, August 8th. National Bank Financial restated a “sector perform” rating and issued a $4.50 price target (up previously from $4.20) on shares of B2Gold Corp in a research report on Monday, August 8th. Finally, Clarus Securities upgraded B2Gold Corp from a “hold” rating to a “buy” rating in a research report on Monday, August 8th. Two investment analysts have rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and an average price target of $4.50.

The company’s market capitalization is $2.49 billion. The company has a 50 day moving average price of $3.11 and a 200-day moving average price of $2.17.

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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