B2Gold Corp (NYSE:BTG) (TSE:BTO) saw a large increase in short interest in August. As of August 15th, there was short interest totalling 9,249,165 shares, an increase of 4.2% from the July 31st total of 8,872,823 shares. Based on an average daily volume of 2,365,823 shares, the short-interest ratio is currently 3.9 days. Approximately 1.0% of the company’s shares are short sold.

A number of research firms have issued reports on BTG. BidaskClub upgraded shares of B2Gold Corp from a “sell” rating to a “hold” rating in a report on Saturday, August 12th. National Bank Financial restated a “sector perform market weight” rating on shares of B2Gold Corp in a report on Monday, July 31st. Zacks Investment Research upgraded shares of B2Gold Corp from a “sell” rating to a “hold” rating in a report on Thursday, July 20th. ValuEngine lowered shares of B2Gold Corp from a “hold” rating to a “sell” rating in a report on Friday, July 7th. Finally, Clarus Securities restated a “buy” rating on shares of B2Gold Corp in a report on Thursday, May 4th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and five have issued a buy rating to the company. The stock currently has an average rating of “Buy” and an average target price of $4.50.

B2Gold Corp (NYSE BTG) opened at 2.56 on Friday. The stock’s 50 day moving average is $2.58 and its 200-day moving average is $2.75. The firm has a market cap of $2.50 billion and a P/E ratio of 43.39. B2Gold Corp has a 1-year low of $2.02 and a 1-year high of $3.55.

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Van ECK Associates Corp boosted its position in B2Gold Corp by 32.0% in the first quarter. Van ECK Associates Corp now owns 174,786,128 shares of the basic materials company’s stock worth $494,778,000 after buying an additional 42,355,073 shares during the last quarter. Credit Agricole S A boosted its position in B2Gold Corp by 8.1% in the first quarter. Credit Agricole S A now owns 1,174,350 shares of the basic materials company’s stock worth $3,323,000 after buying an additional 87,900 shares during the last quarter. Hillsdale Investment Management Inc. boosted its position in B2Gold Corp by 210.5% in the first quarter. Hillsdale Investment Management Inc. now owns 206,500 shares of the basic materials company’s stock worth $587,000 after buying an additional 140,000 shares during the last quarter. Toronto Dominion Bank boosted its position in B2Gold Corp by 2.8% in the first quarter. Toronto Dominion Bank now owns 228,844 shares of the basic materials company’s stock worth $652,000 after buying an additional 6,159 shares during the last quarter. Finally, TD Asset Management Inc. boosted its position in B2Gold Corp by 4.1% in the first quarter. TD Asset Management Inc. now owns 7,162,630 shares of the basic materials company’s stock worth $20,355,000 after buying an additional 281,016 shares during the last quarter.

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B2Gold Corp Company Profile

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