B2Gold Corp (BTG) Stock Rating Upgraded by BidaskClub

BidaskClub upgraded shares of B2Gold Corp (NYSE:BTG) (TSE:BTO) from a sell rating to a hold rating in a report released on Saturday.

Several other analysts also recently weighed in on BTG. Zacks Investment Research upgraded B2Gold Corp from a sell rating to a hold rating in a research report on Tuesday, May 2nd. Clarus Securities reiterated a buy rating on shares of B2Gold Corp in a research report on Thursday, May 4th. ValuEngine downgraded B2Gold Corp from a hold rating to a sell rating in a research report on Friday, July 7th. Finally, National Bank Financial reiterated a sector perform market weight rating on shares of B2Gold Corp in a research report on Monday, July 31st. One analyst has rated the stock with a sell rating, two have given a hold rating and five have issued a buy rating to the company. The company presently has a consensus rating of Buy and a consensus target price of $4.50.

B2Gold Corp (NYSE:BTG) opened at 2.43 on Friday. The stock has a 50 day moving average price of $2.64 and a 200 day moving average price of $2.78. B2Gold Corp has a 1-year low of $2.02 and a 1-year high of $3.58. The firm has a market cap of $2.37 billion and a P/E ratio of 121.50.

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Several institutional investors have recently bought and sold shares of BTG. Van ECK Associates Corp boosted its position in 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 during the period. FMR LLC boosted its position in B2Gold Corp 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 buying an additional 2,959,222 shares during the period. Royal Bank of Canada boosted its position in B2Gold Corp 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 buying an additional 1,439,521 shares during the period. Vanguard Group Inc. boosted its position in B2Gold Corp 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 buying an additional 988,028 shares during the period. Finally, Fiera Capital Corp boosted its position in 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 during the period.

About B2Gold Corp