Brokerage Firm Rating Update on B2Gold Corp (BTG)

B2Gold Corp (BTG) : Zacks Investment Research ranks B2Gold Corp (BTG) as 2, which is a Buy recommendation. 2 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 other analysts are mildly bullish on the stock and favor a Buy. A total of 2 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 5 research analysts is 2, which indicates as a Buy.

B2Gold Corp (BTG) : Average target price received by B2Gold Corp (BTG) is $2.9 with an expected standard deviation of $1.01. The most aggressive target on the stock is $4, whereas the most downbeat target is $2. 6 financial analysts are currently covering the stock.


For the current week, the company shares have a recommendation consensus of Buy.

B2Gold Corp (NYSEMKT:BTG): stock was range-bound between the intraday low of $2.81 and the intraday high of $2.99 after having opened at $2.99 on Wednesdays session. The stock finally closed in the red at $2.99, a loss of -1.35%. The stock remained in the red for the whole trading day. The total traded volume was 4,685,556 shares. The stock failed to cross $2.99 in Wednesdays trading. The stocks closing price on Thursday was $2.97.

B2Gold Corp. (B2Gold) is a gold producer with three operating mines (two in Nicaragua and one in the Philippines), a fourth mine which entered into the commissioning and testing phase in Namibia and a portfolio of development and exploration assets in Mali, Colombia, Burkina Faso and Nicaragua. The Company operates the Libertad Mine and the Limon Mine in Nicaragua, the Masbate Mine in the Philippines and the Otjikoto Mine in Namibia. The Company has an effective 81% interest in the Kiaka gold project in Burkina Faso, a 49% interest in the Gramalote property in Colombia, and an interest in the Quebradona property in Colombia. In addition, B2Gold has 90% interest in the Fekola Project in Mali. Its subsidiaries include Philippines Gold Processing & Refining Corporation, Desarrollo Minero de Nicaragua, S.A., Triton Minera S.A., B2Gold Namibia (Pty) Ltd., Songhoi Resources SARL, Kiaka Gold SARL, Mocoa Ventures Ltd. and Minesa Nueva Esperanza S.A.

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