First Eagle Investment Management LLC continued to hold its position in shares of B2Gold Corp (NYSE:BTG) (TSE:BTO) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 7,700,300 shares of the company’s stock at the end of the third quarter. First Eagle Investment Management LLC owned approximately 0.82% of B2Gold Corp worth $20,179,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in BTG. Global X Management Co. LLC purchased a new position in shares of B2Gold Corp during the third quarter worth about $100,000. AXA purchased a new position in shares of B2Gold Corp during the second quarter worth about $100,000. Bank of New York Mellon Corp boosted its position in shares of B2Gold Corp by 12.4% in the second quarter. Bank of New York Mellon Corp now owns 48,563 shares of the company’s stock worth $122,000 after buying an additional 5,360 shares during the last quarter. DORCHESTER WEALTH MANAGEMENT Co purchased a new position in shares of B2Gold Corp during the third quarter worth about $131,000. Finally, Jefferies Group LLC purchased a new position in shares of B2Gold Corp during the second quarter worth about $191,000.

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

B2Gold Corp (NYSE:BTG) traded down 1.423% during midday trading on Tuesday, hitting $2.425. 921,522 shares of the stock traded hands. The company has a 50-day moving average of $2.61 and a 200-day moving average of $2.64. B2Gold Corp has a 12 month low of $0.60 and a 12 month high of $3.65. The stock’s market cap is $2.32 billion.

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Several equities analysts have issued reports on the stock. Zacks Investment Research cut shares of B2Gold Corp from a “buy” rating to a “hold” rating in a research note on Monday, October 31st. Scotiabank restated an “outperform” rating and set a $4.75 target price on shares of B2Gold Corp in a research note on Sunday, October 23rd. 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 research note 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 research note on Monday, August 8th. Finally, 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 research note on Monday, August 8th. Three research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. B2Gold Corp has a consensus rating of “Buy” and an average target price of $4.78.

About B2Gold Corp

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