Shares of B2Gold Corp. (NYSEMKT:BTG) have received a consensus rating of “Buy” from the nine analysts that are presently covering the firm. Four research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is $3.08.
A number of research firms recently commented on BTG. National Bank Financial downgraded shares of B2Gold Corp. from an “outperform market weight” rating to a “sector perform overweight” rating in a research report on Wednesday, July 13th. Dundee Securities downgraded shares of B2Gold Corp. from a “buy” rating to a “neutral” rating in a research report on Thursday, July 14th.
Several hedge funds have recently modified their holdings of the stock. BlackRock Fund Advisors boosted 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 valued at $311,000 after buying an additional 129,663 shares during the period. PCJ Investment Counsel Ltd. bought a new stake in shares of B2Gold Corp. during the first quarter valued at approximately $1,135,000. Finally, UBS Asset Management Americas Inc. boosted its stake in shares of 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 valued at $1,808,000 after buying an additional 404,513 shares during the period.
Shares of B2Gold Corp. (NYSEMKT:BTG) traded down 4.043% on Wednesday, hitting $2.255. 3,577,950 shares of the company’s stock were exchanged. The stock’s market cap is $2.12 billion. B2Gold Corp. has a 12-month low of $0.60 and a 12-month high of $3.65. The company’s 50-day moving average price is $2.86 and its 200 day moving average price is $2.45.
B2Gold Corp. Company Profile
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