Short Term Price Target on B2Gold Corp (BTG)

B2Gold Corp (NYSEMKT:BTG) : Average target price received by B2Gold Corp (NYSEMKT:BTG) is $2.21 with an expected standard deviation of $0.61. The most aggressive target on the stock is $3, whereas the most downbeat target is $2. 5 financial analysts are currently covering the stock.

Shares of B2Gold Corp. rose by 15.14% in the last five trading days and 38.67% for the last 4 weeks. B2Gold Corp. is up 47.65% in the last 3-month period. Year-to-Date the stock performance stands at 146.08%.

B2Gold Corp (NYSEMKT:BTG) : The consensus on B2Gold Corp (NYSEMKT:BTG) based on 4 analyst recommendation on the company stock is 1, which is interpreted as a Strong Buy recommendation. Zacks Investment Research has issued a rank of 1 which endorses a Strong Buy on the stock. However, 4 brokers have a differing view as they consider the stock to be a Strong Buy at current levels.

B2Gold Corp (NYSEMKT:BTG): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $2.50 and $2.42 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $2.51. The buying momentum continued till the end and the stock did not give up its gains. It closed at $2.51, notching a gain of 1.21% for the day. The total traded volume was 2,810,345 . The stock had closed at $2.48 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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