Zacks Rating on B2Gold Corp (BTG)

B2Gold Corp (BTG) : Zacks Investment Research ranks B2Gold Corp (BTG) as 1, which is a Strong Buy recommendation. 2 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 other analysts are mildly bullish on the stock and favor a Buy. A total of 2 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 5 research analysts is 2, which indicates as a Buy.

B2Gold Corp (BTG) : 6 investment research analysts covering B2Gold Corp (BTG) have an average price target of $2.9 for the near short term. The highest target price given by the Brokerage Firm to the stock is $4 and the lowest target is $2 for the short term. Analysts expect the variance to be within $1.01 of the average price.


B2Gold Corp. has dropped 7.58% in the last five trading days, however, the shares have posted positive gains of 12.96% in the last 4 weeks. B2Gold Corp. is up 63.98% in the last 3-month period. Year-to-Date the stock performance stands at 199.02%. B2Gold Corp (NYSEMKT:BTG): On Tuesdays trading session , Opening price of the stock was $3.13 with an intraday high of $3.2. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $3.05. However, the stock managed to close at $3.05, a loss of 2.24% for the day. On the previous day, the stock had closed at $3.12. The total traded volume of the day was 4,310,900 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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