B2Gold Corp (BTG) Sees Strong Trading Volume
B2Gold Corp (NYSE:BTG) shares saw an uptick in trading volume on Friday . 6,785,075 shares were traded during trading, an increase of 21% from the previous session’s volume of 5,591,326 shares.The stock last traded at $2.96 and had previously closed at $2.98.
Several research firms recently weighed in on BTG. 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, August 8th. National Bank Financial cut B2Gold Corp from an “outperform” rating to a “sector perform” rating and lifted their price target for the stock from $3.85 to $4.20 in a report on Friday, July 15th. Scotiabank reissued an “outperform” rating and set a $3.25 price target on shares of B2Gold Corp in a report on Friday, July 15th. Raymond James Financial Inc. reissued an “outperform” rating and set a $5.00 price target (up from $3.75) on shares of B2Gold Corp in a report on Monday, August 8th. Finally, RBC Capital Markets reissued an “outperform” rating and set a $5.50 price target (up from $5.00) on shares of B2Gold Corp in a report on Monday, August 8th. Two 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’s stock. B2Gold Corp currently has a consensus rating of “Buy” and an average target price of $4.50.
The company’s market capitalization is $2.72 billion. The firm’s 50-day moving average is $3.12 and its 200 day moving average is $2.14.
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.