The B2Gold Corp (BTG) Raised to “Strong-Buy” at Zacks Investment Research, Report finds

The B2Gold Corp (BTG) Raised to “Strong-Buy” at Zacks Investment Research, Report finds

According to Zacks, “B2Gold Corp. is involved in the exploration and development of gold. The company’s assets are situated in Nicaragua, Colombia, Namibia and Uruguay. B2Gold Corp. is headquartered in Vancouver, Canada. “

Zacks Investment Research upgraded shares of B2Gold Corp (NYSE:BTG) (TSE:BTO) from a hold rating to a strong-buy rating in a research note issued to investors on Wednesday morning. The brokerage currently has $3.75 target price on the stock.

A number of other equities analysts have also recently commented on the company. TD Securities reiterated a buy rating and issued a $5.50 target price on shares of B2Gold Corp in a report on Sunday, November 6th. Scotiabank reiterated an outperform rating and issued a $4.75 target price on shares of B2Gold Corp in a report on Sunday, November 6th. Two equities research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the stock. The company presently has an average rating of Buy and an average price target of $4.91.

Shares of B2Gold Corp (NYSE:BTG) opened at 3.41 on Wednesday. The stock’s market capitalization is $3.26 billion. The stock has a 50 day moving average price of $2.85 and a 200-day moving average price of $2.75. B2Gold Corp has a 1-year low of $0.95 and a 1-year high of $3.65.

Large investors have recently modified their holdings of the stock. TD Asset Management Inc. raised its stake in shares of B2Gold Corp by 2.0% in the third quarter. TD Asset Management Inc. now owns 9,628,214 shares of the company’s stock worth $25,201,000 after buying an additional 193,314 shares during the period. Alps Advisors Inc. raised its stake in shares of B2Gold Corp by 33.2% in the third quarter. Alps Advisors Inc. now owns 3,574,595 shares of the company’s stock worth $9,401,000 after buying an additional 891,483 shares during the period. Sprott Inc. raised its stake in shares of B2Gold Corp by 50.0% in the third quarter. Sprott Inc. now owns 9,528,992 shares of the company’s stock worth $25,061,000 after buying an additional 3,175,373 shares during the period. Bank of Montreal Can raised its stake in shares of B2Gold Corp by 4.2% in the third quarter. Bank of Montreal Can now owns 7,333,003 shares of the company’s stock worth $19,286,000 after buying an additional 296,592 shares during the period. Finally, DORCHESTER WEALTH MANAGEMENT Co purchased a new stake in shares of B2Gold Corp during the third quarter worth $131,000.

B2Gold Corp Company Profile

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