B2Gold Corp (NYSE:BTG) (TSE:BTO) has been assigned a consensus recommendation of “Buy” from the eight brokerages that are presently covering the company, MarketBeat reports. Three analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is $4.75.

A number of equities analysts have recently commented on BTG shares. Zacks Investment Research raised shares of B2Gold Corp from a “sell” rating to a “hold” rating in a report on Thursday, July 20th. ValuEngine downgraded shares of B2Gold Corp from a “hold” rating to a “sell” rating in a report on Friday, July 7th. BidaskClub downgraded shares of B2Gold Corp from a “hold” rating to a “sell” rating in a report on Friday, July 28th. Finally, National Bank Financial reaffirmed a “sector perform market weight” rating on shares of B2Gold Corp in a report on Monday, July 31st.

Shares of B2Gold Corp (NYSE BTG) opened at 2.64 on Friday. B2Gold Corp has a 1-year low of $2.02 and a 1-year high of $3.55. The company’s 50-day moving average is $2.60 and its 200 day moving average is $2.68. The firm has a market cap of $2.58 billion and a price-to-earnings ratio of 44.75.

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Large investors have recently added to or reduced their stakes in the company. Russell Investments Group Ltd. lifted its holdings in shares of B2Gold Corp by 93.0% during the 1st quarter. Russell Investments Group Ltd. now owns 1,202,186 shares of the basic materials company’s stock worth $3,411,000 after acquiring an additional 579,200 shares during the period. Credit Suisse AG lifted its holdings in B2Gold Corp by 67.8% during the 1st quarter. Credit Suisse AG now owns 1,050,636 shares of the basic materials company’s stock valued at $2,973,000 after purchasing an additional 424,516 shares during the last quarter. Tower Research Capital LLC TRC lifted its holdings in B2Gold Corp by 4,541.6% during the 1st quarter. Tower Research Capital LLC TRC now owns 121,841 shares of the basic materials company’s stock valued at $345,000 after purchasing an additional 119,216 shares during the last quarter. Swiss National Bank lifted its holdings in B2Gold Corp by 2.8% during the 1st quarter. Swiss National Bank now owns 1,588,229 shares of the basic materials company’s stock valued at $4,526,000 after purchasing an additional 44,000 shares during the last quarter. Finally, Renaissance Technologies LLC lifted its holdings in B2Gold Corp by 13.5% during the 1st quarter. Renaissance Technologies LLC now owns 11,332,097 shares of the basic materials company’s stock valued at $32,076,000 after purchasing an additional 1,350,100 shares during the last quarter.

About B2Gold Corp

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