ValuEngine upgraded shares of B2Gold Corp (NYSE:BTG) (TSE:BTO) from a sell rating to a hold rating in a research report sent to investors on Friday morning.

BTG has been the topic of several other research reports. Zacks Investment Research downgraded B2Gold Corp from a hold rating to a sell rating in a report on Friday, July 14th. Clarus Securities reiterated a buy rating on shares of B2Gold Corp in a report on Thursday, May 4th. BidaskClub downgraded B2Gold Corp from a hold rating to a sell rating in a report on Friday, July 28th. Finally, National Bank Financial reiterated a sector perform market weight rating on shares of B2Gold Corp in a report on Monday, July 31st. Three equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. The stock has a consensus rating of Buy and a consensus price target of $4.50.

B2Gold Corp (NYSE:BTG) traded up 0.36% on Friday, hitting $2.77. 3,170,277 shares of the stock were exchanged. B2Gold Corp has a one year low of $2.02 and a one year high of $3.55. The company’s 50 day moving average price is $2.59 and its 200-day moving average price is $2.73. The company has a market cap of $2.71 billion and a P/E ratio of 46.95.

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Several large investors have recently bought and sold shares of the stock. Russell Investments Group Ltd. boosted its stake in B2Gold Corp by 93.0% in the first quarter. Russell Investments Group Ltd. now owns 1,202,186 shares of the basic materials company’s stock valued at $3,411,000 after buying an additional 579,200 shares in the last quarter. Canada Pension Plan Investment Board boosted its stake in B2Gold Corp by 24.1% in the first quarter. Canada Pension Plan Investment Board now owns 1,607,900 shares of the basic materials company’s stock valued at $4,569,000 after buying an additional 311,900 shares in the last quarter. Great West Life Assurance Co. Can boosted its stake in 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. Bank of New York Mellon Corp boosted 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, Swiss National Bank boosted its stake in B2Gold Corp by 2.8% in the first quarter. Swiss National Bank now owns 1,588,229 shares of the basic materials company’s stock valued at $4,526,000 after buying an additional 44,000 shares in the last quarter.

About B2Gold Corp

Analyst Recommendations for B2Gold Corp (NYSE:BTG)

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