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B2Gold Corp (NYSE:BTG) has received an average recommendation of “Buy” from the eight brokerages that are presently covering the stock, AnalystRatingsNetwork.com reports. Seven investment analysts have rated the stock with a buy recommendation and one has given a strong buy recommendation to the company.

Shares of B2Gold Corp (NYSE:BTG) traded up 1.09% on Monday, hitting $2.315. 238,924 shares of the company’s stock traded hands. B2Gold Corp has a 1-year low of $1.78 and a 1-year high of $3.58. The stock’s 50-day moving average is $2.69 and its 200-day moving average is $2.53. The company has a market cap of $1.569 billion and a P/E ratio of 88.08.

A number of analysts have recently weighed in on BTG shares. Analysts at JPMorgan Chase & Co. initiated coverage on shares of B2Gold Corp in a research note on Monday. They set an “overweight” rating on the stock. Separately, analysts at Goldman Sachs initiated coverage on shares of B2Gold Corp in a research note on Tuesday, April 22nd. They set a “buy” rating on the stock. Finally, analysts at Pi Financial initiated coverage on shares of B2Gold Corp in a research note on Thursday, April 17th. They set a “buy” rating on the stock.

B2Gold Corp. (NYSE:BTG) is a gold producer with mining operations in Nicaragua and a portfolio of development and exploration assets in Colombia, Nicaragua and Uruguay.

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