Swiss National Bank raised its position in shares of B2Gold Corp (NYSE:BTG) (TSE:BTO) by 2.1% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,621,529 shares of the basic materials company’s stock after purchasing an additional 33,300 shares during the quarter. Swiss National Bank owned 0.17% of B2Gold Corp worth $4,565,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the business. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in B2Gold Corp by 18.0% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 70,650 shares of the basic materials company’s stock valued at $199,000 after purchasing an additional 10,800 shares during the period. Nikko Asset Management Americas Inc. raised its stake in B2Gold Corp by 26.4% during the 2nd quarter. Nikko Asset Management Americas Inc. now owns 3,821,707 shares of the basic materials company’s stock valued at $10,739,000 after purchasing an additional 799,000 shares during the period. Comerica Bank acquired a new stake in B2Gold Corp during the 2nd quarter valued at $284,000. Legal & General Group Plc raised its stake in B2Gold Corp by 6.6% during the 2nd quarter. Legal & General Group Plc now owns 107,607 shares of the basic materials company’s stock valued at $302,000 after purchasing an additional 6,633 shares during the period. Finally, Bank of New York Mellon Corp raised its stake in B2Gold Corp by 0.7% during the 2nd quarter. Bank of New York Mellon Corp now owns 131,675 shares of the basic materials company’s stock valued at $370,000 after purchasing an additional 954 shares during the period.

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BTG has been the topic of several recent analyst reports. Zacks Investment Research downgraded shares of B2Gold Corp from a “hold” rating to a “sell” rating in a research note on Friday, July 14th. ValuEngine downgraded shares of B2Gold Corp from a “hold” rating to a “sell” rating in a research note on Friday, July 7th. BidaskClub downgraded shares of B2Gold Corp from a “hold” rating to a “sell” rating in a research note on Friday, July 28th. Finally, National Bank Financial reissued a “sector perform market weight” rating on shares of B2Gold Corp in a research note on Monday, July 31st. Three equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus price target of $4.50.

B2Gold Corp (BTG) opened at 2.64 on Friday. The stock has a 50 day moving average of $2.60 and a 200-day moving average of $2.68. B2Gold Corp has a 1-year low of $2.02 and a 1-year high of $3.55. The firm has a market capitalization of $2.58 billion and a P/E ratio of 44.75.

B2Gold Corp Company Profile

Institutional Ownership by Quarter for B2Gold Corp (NYSE:BTG)

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