B2Gold Corp (NYSE:BTG) Lowered to “Sell” at ValuEngine

ValuEngine cut shares of B2Gold Corp (NYSE:BTG) (TSE:BTO) from a hold rating to a sell rating in a research note released on Friday morning.

A number of other analysts have also commented on the company. Zacks Investment Research upgraded B2Gold Corp from a sell rating to a hold rating in a report on Tuesday, May 2nd. Clarus Securities restated a buy rating on shares of B2Gold Corp in a report on Thursday, May 4th. One analyst has rated the stock with a sell rating, three have given a hold rating and eight have issued a buy rating to the company’s stock. The company has an average rating of Buy and an average target price of $4.81.

B2Gold Corp (NYSE:BTG) traded up 3.82% during midday trading on Friday, hitting $2.72. The stock had a trading volume of 3,201,224 shares. The stock has a 50-day moving average of $2.64 and a 200-day moving average of $2.76. B2Gold Corp has a 52 week low of $2.02 and a 52 week high of $3.65. The firm has a market cap of $2.66 billion and a P/E ratio of 136.00.

ILLEGAL ACTIVITY WARNING: This article was reported by WKRB News and is the property of of WKRB News. If you are reading this article on another domain, it was copied illegally and republished in violation of United States and international trademark and copyright law. The correct version of this article can be read at https://www.wkrb13.com/markets/2286008/b2gold-corp-nysebtg-lowered-to-sell-at-valuengine.html.

A number of hedge funds have recently added to or reduced their stakes in the stock. Van ECK Associates Corp raised its stake 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 in the last quarter. Vanguard Group Inc. raised its stake in B2Gold Corp by 5.7% in the first quarter. Vanguard Group Inc. now owns 18,536,977 shares of the basic materials company’s stock valued at $52,459,000 after buying an additional 995,190 shares in the last quarter. Renaissance Technologies LLC raised its stake in B2Gold Corp by 13.5% in the first quarter. Renaissance Technologies LLC now owns 11,332,097 shares of the basic materials company’s stock valued at $32,076,000 after buying an additional 1,350,100 shares in the last quarter. TD Asset Management Inc. raised its stake in B2Gold Corp by 4.1% in the first quarter. TD Asset Management Inc. now owns 7,162,630 shares of the basic materials company’s stock valued at $20,355,000 after buying an additional 281,016 shares in the last quarter. Finally, Norges Bank acquired a new stake in B2Gold Corp during the fourth quarter valued at about $16,721,000.

B2Gold Corp Company Profile

To view ValuEngine’s full report, visit ValuEngine’s official website.

Analyst Recommendations for B2Gold Corp (NYSE:BTG)

This story was originally published by WKRB News (https://www.wkrb13.com) and is the sole property of WKRB News. If you are reading this article on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. You can view the original version of this story at https://www.wkrb13.com/markets/2286008/b2gold-corp-nysebtg-lowered-to-sell-at-valuengine.html

Receive News & Ratings for B2Gold Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for B2Gold Corp and related companies with MarketBeat.com's FREE daily email newsletter.

 


Leave a Reply

 
© 2006-2017 WKRB News.