B2Gold Corp (NYSE:BTG) (TSE:BTO) was the target of a significant increase in short interest in the month of July. As of July 14th, there was short interest totalling 9,445,386 shares, an increase of 6.1% from the June 30th total of 8,900,510 shares. Based on an average daily volume of 3,535,239 shares, the short-interest ratio is presently 2.7 days. Currently, 1.0% of the company’s shares are short sold.

B2Gold Corp (NYSE:BTG) traded down 1.13% during trading on Tuesday, hitting $2.62. The stock had a trading volume of 3,475,223 shares. B2Gold Corp has a one year low of $2.02 and a one year high of $3.65. The company has a market cap of $2.56 billion and a P/E ratio of 131.00. The firm has a 50 day moving average of $2.76 and a 200-day moving average of $2.81.

Several large investors have recently bought and sold shares of BTG. Virtu Financial LLC purchased a new stake in B2Gold Corp during the second quarter valued at about $120,000. Legal & General Group Plc increased its stake in B2Gold Corp by 19.5% in the first quarter. Legal & General Group Plc now owns 100,974 shares of the basic materials company’s stock valued at $287,000 after buying an additional 16,500 shares in the last quarter. Tower Research Capital LLC TRC increased its stake in B2Gold Corp by 4,541.6% in the first quarter. Tower Research Capital LLC TRC now owns 121,841 shares of the basic materials company’s stock valued at $345,000 after buying an additional 119,216 shares in the last quarter. Bank of New York Mellon Corp increased its stake in B2Gold Corp by 11.9% in the first quarter. Bank of New York Mellon Corp now owns 130,721 shares of the basic materials company’s stock valued at $370,000 after buying an additional 13,853 shares in the last quarter. Finally, Two Sigma Securities LLC increased its stake in B2Gold Corp by 130.4% in the first quarter. Two Sigma Securities LLC now owns 168,140 shares of the basic materials company’s stock valued at $476,000 after buying an additional 95,150 shares in the last quarter.

A number of research firms have weighed in on BTG. Clarus Securities reiterated a “buy” rating on shares of B2Gold Corp in a research note on Thursday, May 4th. Zacks Investment Research lowered B2Gold Corp from a “hold” rating to a “sell” rating in a research note on Friday, July 14th. Finally, ValuEngine lowered B2Gold Corp from a “hold” rating to a “sell” rating in a research note on Friday, July 7th. One analyst has rated the stock with a sell rating, three have given a hold rating and eight have issued a buy rating to the stock. B2Gold Corp has a consensus rating of “Buy” and an average price target of $4.81.

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B2Gold Corp Company Profile

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