B2Gold Corp. (NYSEMKT:BTG) Receives Average Rating of “Buy” from Analysts
Shares of B2Gold Corp. (NYSEMKT:BTG) have been given an average rating of “Buy” by the nine brokerages that are presently covering the stock. Four investment analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 1 year price objective among brokers that have covered the stock in the last year is $3.08.
Several analysts have recently weighed in on the stock. Dundee Securities downgraded shares of B2Gold Corp. from a “buy” rating to a “neutral” rating in a research note on Thursday, July 14th. National Bank Financial downgraded shares of B2Gold Corp. from an “outperform market weight” rating to a “sector perform overweight” rating in a research note on Wednesday, July 13th.
Shares of B2Gold Corp. (NYSEMKT:BTG) traded down 4.043% during mid-day trading on Wednesday, reaching $2.255. The company’s stock had a trading volume of 3,577,950 shares. B2Gold Corp. has a one year low of $0.60 and a one year high of $3.65. The firm’s market cap is $2.12 billion. The firm’s 50 day moving average is $2.86 and its 200 day moving average is $2.45.
Several large investors have recently made changes to their positions in BTG. BlackRock Fund Advisors raised its stake in shares of B2Gold Corp. by 225.2% in the first quarter. BlackRock Fund Advisors now owns 187,231 shares of the company’s stock worth $311,000 after buying an additional 129,663 shares during the period. UBS Asset Management Americas Inc. increased its position in B2Gold Corp. by 59.7% in the first quarter. UBS Asset Management Americas Inc. now owns 1,082,348 shares of the company’s stock worth $1,808,000 after buying an additional 404,513 shares in the last quarter. Finally, PCJ Investment Counsel Ltd. acquired a new position in B2Gold Corp. during the first quarter worth about $1,135,000.
About B2Gold Corp.
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