Analyst Rating Update on B2Gold Corp (BTG)

B2Gold Corp (BTG) : 5 analysts are covering B2Gold Corp (BTG) and their average rating on the stock is 2, which is read as a Buy. 2 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. B2Gold Corp (BTG) also receives 1 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 1, which recommends a Strong Buy affirms that they expect a large upside in the stock from the current levels. A total of 2 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

B2Gold Corp (BTG) : The highest level B2Gold Corp (BTG) is projected to reach is $4 for the short term and the lowest estimate is at $2. The consolidated price target from 6 rating analysts who initiate coverage on the stock is $2.87 and the possibility the share price can swing is $0.99.

For the current week, the company shares have a recommendation consensus of Buy.


B2Gold Corp (NYSEMKT:BTG): The stock opened at $3.25 on Wednesday but the bulls could not build on the opening and the stock topped out at $3.25 for the day. The stock traded down to $3.13 during the day, due to lack of any buying support eventually closed down at $3.23 with a loss of -0.31% for the day. The stock had closed at $3.24 on the previous day. The total traded volume was 3,256,568 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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