Company Shares of B2Gold Corp Rally 6.8%

B2Gold Corp (NYSEMKT:BTG) has climbed 6.8% in the past week and advanced 10.55% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 8.08% and the outperformance has advanced to 9.54% for the last 4 weeks period.

B2Gold Corp (NYSEMKT:BTG): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $2.24 and $2.14 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $2.28. The buying momentum continued till the end and the stock did not give up its gains. It closed at $2.20, notching a gain of 0.92% for the day. The total traded volume was 36,768,418 . The stock had closed at $2.18 on the previous day.

The company shares have rallied 37.50% from its 1 Year high price. On Jun 16, 2016, the shares registered one year high at $2.35 and the one year low was seen on Jan 25, 2016. The 50-Day Moving Average price is $2.04 and the 200 Day Moving Average price is recorded at $1.44.

Institutional Investors own 62.09% 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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