Shares of B2Gold Corp (NYSE:BTG) have been given an average rating of “Buy” by the ten analysts that are presently covering the firm. Three equities research analysts have rated the stock with a hold recommendation and seven have assigned a buy recommendation to the company. The average 12 month price target among brokerages that have covered the stock in the last year is $5.07.

BTG has been the subject of several recent analyst reports. Scotiabank restated an “outperform” rating and set a $3.25 target price on shares of B2Gold Corp in a report on Friday, July 15th. CIBC restated a “sector perform” rating and set a $5.00 target price (up previously from $4.00) on shares of B2Gold Corp in a report on Monday, August 8th. Raymond James Financial Inc. restated an “outperform” rating and set a $5.00 target price (up previously from $3.75) on shares of B2Gold Corp in a report on Monday, August 8th. National Bank Financial restated a “sector perform” rating and set a $4.50 target price (up previously from $4.20) on shares of B2Gold Corp in a report on Monday, August 8th. Finally, Zacks Investment Research cut B2Gold Corp from a “buy” rating to a “hold” rating in a report on Tuesday, September 13th.

Institutional investors have recently bought and sold shares of the stock. Schroder Investment Management Group purchased a new position in B2Gold Corp during the second quarter valued at about $2,188,000. I.G. Investment Management LTD. raised its position in B2Gold Corp by 2.8% in the second quarter. I.G. Investment Management LTD. now owns 8,483,386 shares of the company’s stock valued at $21,277,000 after buying an additional 234,402 shares during the last quarter. TD Asset Management Inc. raised its position in B2Gold Corp by 50.3% in the second quarter. TD Asset Management Inc. now owns 9,434,900 shares of the company’s stock valued at $23,538,000 after buying an additional 3,155,875 shares during the last quarter. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp raised its position in B2Gold Corp by 130.4% in the second quarter. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp now owns 2,080,180 shares of the company’s stock valued at $6,740,000 after buying an additional 1,177,270 shares during the last quarter. Finally, Emerald Acquisition Ltd. bought a new position in B2Gold Corp during the second quarter valued at $1,862,000.

B2Gold Corp (NYSE:BTG) traded up 0.40% during mid-day trading on Friday, reaching $2.49. The company’s stock had a trading volume of 3,758,448 shares. The stock’s 50 day moving average is $2.67 and its 200 day moving average is $2.46. The company’s market cap is $2.34 billion. B2Gold Corp has a 12 month low of $0.60 and a 12 month high of $3.65.

About B2Gold Corp

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