B2Gold Corp (NYSE:BTG) (TSE:BTO) was upgraded by BidaskClub from a “sell” rating to a “hold” rating in a research note issued to investors on Saturday.

Other equities research analysts have also recently issued research reports about the stock. Clarus Securities restated a “buy” rating on shares of B2Gold Corp in a report on Thursday, May 4th. Zacks Investment Research upgraded shares of B2Gold Corp from a “sell” rating to a “hold” rating in a report on Tuesday, May 2nd. National Bank Financial restated a “sector perform market weight” rating on shares of B2Gold Corp in a report on Monday, July 31st. Finally, ValuEngine cut shares of B2Gold Corp from a “hold” rating to a “sell” rating in a report on Friday, July 7th. One analyst has rated the stock with a sell rating, two have issued a hold rating and five have issued a buy rating to the company. B2Gold Corp has an average rating of “Buy” and a consensus target price of $4.50.

Shares of B2Gold Corp (NYSE:BTG) traded up 0.78% during trading on Friday, hitting $2.58. The stock had a trading volume of 2,529,259 shares. The stock has a 50 day moving average of $2.67 and a 200 day moving average of $2.79. B2Gold Corp has a 52-week low of $2.02 and a 52-week high of $3.55. The firm has a market cap of $2.52 billion and a PE ratio of 129.00.

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Several hedge funds and other institutional investors have recently modified their holdings of BTG. Van ECK Associates Corp boosted its position in shares of B2Gold Corp by 32.0% in the first quarter. Van ECK Associates Corp now owns 174,786,128 shares of the basic materials company’s stock valued at $494,778,000 after buying an additional 42,355,073 shares in the last quarter. Fiera Capital Corp boosted its position in shares of B2Gold Corp by 179.7% in the second quarter. Fiera Capital Corp now owns 12,269,842 shares of the basic materials company’s stock valued at $34,474,000 after buying an additional 7,882,420 shares in the last quarter. Norges Bank acquired a new position in shares of B2Gold Corp during the fourth quarter valued at $16,721,000. Great West Life Assurance Co. Can boosted its position in shares of B2Gold Corp by 2,996.8% in the first quarter. Great West Life Assurance Co. Can now owns 5,706,269 shares of the basic materials company’s stock valued at $16,244,000 after buying an additional 5,522,008 shares in the last quarter. Finally, Investec Asset Management LTD boosted its position in shares of B2Gold Corp by 95.9% in the second quarter. Investec Asset Management LTD now owns 8,008,431 shares of the basic materials company’s stock valued at $22,508,000 after buying an additional 3,920,306 shares in the last quarter.

About B2Gold Corp

Analyst Recommendations for B2Gold Corp (NYSE:BTG)

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