B2Gold Corp (NYSE:BTG) has been downgraded to Sell in a statement by Zacks Investment Research today.
- Updated: October 14, 2016
Boasting a price of $2.47, B2Gold Corp (NYSE:BTG) traded -0.40% lower on the day. With the last close up 0.34% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. The company has recorded a 50-day moving average of $2.67 and a 200-day moving average of $2.46. 4,392,536 shares of the stock were exchanged, down from an average trading volume of 6,707,710
Zacks Investment Research has downgraded B2Gold Corp (NYSE:BTG) to Sell in a statement released on Friday October 14, 2016.
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B2Gold Corp has 52 week low of $0.60 and a 52 week high of $3.65 and has a market capitalization of $0.
In addition to Zacks Investment Research reporting its target price, a total of 4 equity analysts have released a ratings update on BTG. The one year stock price target is $1.97 with 0 analysts rating the company a strong buy, zero brokerages rating the company a buy, zero equity analysts rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 brokerages rating the stock a sell.
Brief Synopsis On B2Gold Corp (NYSE:BTG)
B2Gold Corp. (B2Gold) is a Canada-based gold producer with approximately four operating mines and one mine under construction. The Company has a portfolio of other evaluation and exploration projects in various countries, including Mali, Colombia, Burkina Faso, Finland, Chile and Nicaragua. Its material mineral properties consist of three mines and one mine under construction: Otjikoto mine, an open pit gold mine located approximately 300 kilometers north of Windhoek, the capital of Namibia (Otjikoto Mine); Masbate mine, an open pit gold mine, located near the northern tip of the island of Masbate, over 360 kilometers south-east of Manila (Masbate Gold Project); La Libertad mine, an open pit gold mine located over 110 kilometers due east of Managua and 32 kilometers northeast of Juigalpa, Nicaragua (La Libertad Mine), and Fekola gold project, an open pit gold mine under construction located approximately 40 kilometers south of the city of Kenieba, Mali (Fekola Project).
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