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B2Gold Corp (NYSE:BTG) was upgraded by equities researchers at Scotiabank to a “focus stock” rating in a research report issued on Friday, Analyst Ratings.Net reports.

Shares of B2Gold Corp (NYSE:BTG) remained flat at $2.35 during trading on Friday. 351,830 shares of the company’s stock traded hands. B2Gold Corp has a one year low of $1.78 and a one year high of $3.90. The stock’s 50-day moving average is $2.20 and its 200-day moving average is $2.44. The company has a market cap of $1.531 billion and a P/E ratio of 30.92.

Separately, analysts at RBC Capital initiated coverage on shares of B2Gold Corp in a research note to investors on Wednesday, December 11th. They set an “outperform” rating on the stock. Four equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. The company presently has an average rating of “Buy”.

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