B2Gold Corp (NYSEMKT:BTG), A rise of 8,854,795 shares or 112.9% was seen in the short interest of B2Gold Corp.. Even as the interest increased from 7,843,238 shares on May 31,2016 to 16,698,033 shares on June 15,2016, the days to cover came in at 4. The updated interest stood at 1.9% of the stocks floats. The stock has seen an average daily volume of 4,373,735 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.
B2Gold Corp (NYSEMKT:BTG): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $2.39 and $2.32 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $2.47. The buying momentum continued till the end and the stock did not give up its gains. It closed at $2.41, notching a gain of 10.55% for the day. The total traded volume was 7,051,156 . The stock had closed at $2.18 on the previous day.
The company shares have rallied 54.49% from its 1 Year high price. On Jun 24, 2016, the shares registered one year high at $2.47 and the one year low was seen on Jan 25, 2016. The 50-Day Moving Average price is $2.06 and the 200 Day Moving Average price is recorded at $1.48.
B2Gold Corp (NYSEMKT:BTG) has climbed 9.55% in the past week and advanced 37.71% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 11.36% and the outperformance has advanced to 41.88% for the last 4 weeks period.
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.