Shares of B2Gold Corp (BTG) Drops by -1.01%

B2Gold Corp (BTG) has risen sharply, recording gains of 33.64% in the past 4 weeks. However, the stock has corrected -1.01% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 28.04% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week. The stock has recorded a 20-day Moving Average of 13.34% and the 50-Day Moving Average is 30.84%.

B2Gold Corp (NYSEMKT:BTG): The stock opened at $2.95 on Friday but the bulls could not build on the opening and the stock topped out at $3.04 for the day. The stock traded down to $2.92 during the day, due to lack of any buying support eventually closed down at $2.94 with a loss of -2.33% for the day. The stock had closed at $3.01 on the previous day. The total traded volume was 3,720,981 shares.


Institutional Investors own 62.08% of B2Gold Corp shares.

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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