B2Gold Corp (NYSEAMERICAN:BTG) (TSE:BTO) – Equities research analysts at Cormark upped their FY2017 earnings estimates for B2Gold in a report released on Tuesday. Cormark analyst R. Gray now expects that the basic materials company will post earnings per share of $0.09 for the year, up from their previous estimate of $0.05. Cormark also issued estimates for B2Gold’s FY2018 earnings at $0.16 EPS.

Other equities analysts have also recently issued research reports about the company. BidaskClub upgraded B2Gold from a “sell” rating to a “hold” rating in a report on Tuesday, November 7th. National Bank Financial upgraded B2Gold from a “sector perform market weight” rating to an “outperform market weight” rating in a report on Monday, September 25th. ValuEngine raised B2Gold from a “sell” rating to a “hold” rating in a research note on Friday, September 1st. Finally, Zacks Investment Research lowered B2Gold from a “buy” rating to a “hold” rating in a research note on Thursday, October 12th. Three analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. B2Gold currently has a consensus rating of “Hold” and an average price target of $3.63.

B2Gold (BTG) opened at $2.55 on Wednesday. B2Gold has a 1-year low of $2.02 and a 1-year high of $3.55.

Several large investors have recently bought and sold shares of the stock. FMR LLC grew its stake in B2Gold by 2.1% in the second quarter. FMR LLC now owns 142,965,162 shares of the basic materials company’s stock valued at $402,393,000 after purchasing an additional 2,959,222 shares in the last quarter. Van ECK Associates Corp grew its stake in B2Gold by 3.2% in the third quarter. Van ECK Associates Corp now owns 109,540,396 shares of the basic materials company’s stock valued at $306,397,000 after purchasing an additional 3,430,421 shares in the last quarter. Royal Bank of Canada grew its stake in B2Gold by 6.3% in the second quarter. Royal Bank of Canada now owns 24,336,347 shares of the basic materials company’s stock valued at $68,384,000 after purchasing an additional 1,439,521 shares in the last quarter. Vanguard Group Inc. grew its stake in B2Gold by 5.3% in the second quarter. Vanguard Group Inc. now owns 19,525,005 shares of the basic materials company’s stock valued at $54,865,000 after purchasing an additional 988,028 shares in the last quarter. Finally, Fiera Capital Corp grew its stake in B2Gold 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 purchasing an additional 7,882,420 shares in the last quarter.

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