B2Gold Corp (BTG) Trading Up 2.9%
B2Gold Corp (NYSE:BTG) was up 2.9% on Wednesday . The stock traded as high as $2.90 and last traded at $2.86, with a volume of 1,255,240 shares traded. The stock had previously closed at $2.78.
Several equities research analysts recently weighed in on BTG shares. Zacks Investment Research upgraded B2Gold Corp from a “hold” rating to a “strong-buy” rating and set a $2.00 target price for the company in a research note on Tuesday, May 31st. Scotiabank restated an “outperform” rating and set a $3.25 target price on shares of B2Gold Corp in a research note on Friday, July 1st. Finally, National Bank Financial cut B2Gold Corp from an “outperform” rating to a “sector perform” rating and boosted their target price for the stock from $3.85 to $4.20 in a research note on Friday, July 15th.
The stock’s market capitalization is $2.94 billion. The firm’s 50 day moving average price is $2.61 and its 200 day moving average price is $1.77.
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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