B2Gold Corp (BTG) Receives Price Target

B2Gold Corp (BTG) : 6 Wall Street analysts covering B2Gold Corp (BTG) believe that the average level the stock could reach for the short term is $2.9. The maximum price target given is $4 and the minimum target for short term is around $2, hence the standard deviation is calculated at $1.01.

B2Gold Corp (BTG) : The consensus on B2Gold Corp (BTG) based on 5 analyst recommendation on the company stock is 2, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 2 which endorses a Buy on the stock. However, 2 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 analyst believes that the stock is a Buy, which can produce decent returns in the future. 2 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.


B2Gold Corp (NYSEMKT:BTG): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $2.51 and $2.47 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $2.69. The buying momentum continued till the end and the stock did not give up its gains. It closed at $2.66, notching a gain of 5.98% for the day. The total traded volume was 6,167,256 . The stock had closed at $2.51 on the previous day.

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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