BidaskClub Lowers B2Gold Corp (BTG) to Sell

B2Gold Corp (NYSE:BTG) (TSE:BTO) was downgraded by investment analysts at BidaskClub from a “hold” rating to a “sell” rating in a report issued on Wednesday, October 25th.

A number of other analysts also recently commented on the company. Zacks Investment Research downgraded B2Gold Corp from a “buy” rating to a “hold” rating in a research report on Thursday, October 12th. National Bank Financial raised B2Gold Corp from a “sector perform market weight” rating to an “outperform market weight” rating in a report on Monday, September 25th. Finally, ValuEngine raised B2Gold Corp from a “sell” rating to a “hold” rating in a report on Friday, September 1st. Three analysts have rated the stock with a hold rating and two have given a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of $3.63.

B2Gold Corp (NYSE:BTG) traded down $0.06 during midday trading on Wednesday, reaching $2.64. 3,136,121 shares of the company’s stock were exchanged, compared to its average volume of 3,170,000. B2Gold Corp has a 52 week low of $2.02 and a 52 week high of $3.55.

WARNING: “BidaskClub Lowers B2Gold Corp (BTG) to Sell” was posted by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are accessing this report on another publication, it was illegally stolen and republished in violation of United States & international copyright law. The correct version of this report can be accessed at https://www.dispatchtribunal.com/2017/11/11/bidaskclub-downgrades-b2gold-corp-btg-to-sell.html.

Large investors have recently bought and sold shares of the company. Bank of New York Mellon Corp lifted its holdings in B2Gold Corp by 0.7% during the second quarter. Bank of New York Mellon Corp now owns 131,675 shares of the basic materials company’s stock worth $370,000 after acquiring an additional 954 shares in the last quarter. Legal & General Group Plc raised its stake in shares of B2Gold Corp by 6.6% in the 2nd quarter. Legal & General Group Plc now owns 107,607 shares of the basic materials company’s stock valued at $302,000 after purchasing an additional 6,633 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in shares of B2Gold Corp by 18.0% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 70,650 shares of the basic materials company’s stock valued at $199,000 after purchasing an additional 10,800 shares during the period. Virtu KCG Holdings LLC raised its stake in shares of B2Gold Corp by 7.5% in the 2nd quarter. Virtu KCG Holdings LLC now owns 189,212 shares of the basic materials company’s stock valued at $532,000 after purchasing an additional 13,148 shares during the period. Finally, ARP Americas LLC raised its stake in shares of B2Gold Corp by 63.7% in the 3rd quarter. ARP Americas LLC now owns 69,666 shares of the basic materials company’s stock valued at $192,000 after purchasing an additional 27,100 shares during the period.

About B2Gold Corp

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