Could B2Gold Corp. Gain Strenght? The Stock Reaches 52-Week Low


The stock of B2Gold Corp. (TSE:BTO) is a huge mover today! About 4.60M shares traded hands. B2Gold Corp. (TSE:BTO) has risen 217.95% since February 5, 2016 and is uptrending. It has outperformed by 201.46% the S&P500.
The move comes after 9 months negative chart setup for the $3.45B company. It was reported on Sep, 13 by We have $3.19 PT which if reached, will make TSE:BTO worth $310.50M less.

Out of 4 analysts covering B2gold Corp. (TSE:BTO), 4 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. $3.75 is the highest target while $1.80 is the lowest. The $2.84 average target is -19.09% below today’s ($3.51) stock price. B2gold Corp. has been the topic of 9 analyst reports since October 7, 2015 according to StockzIntelligence Inc.

B2Gold Corp. is a Canada-based gold producer with approximately four operating mines and one mine under construction. The company has a market cap of $3.45 billion. The Firm has a portfolio of other evaluation and exploration projects in various countries, including Mali, Colombia, Burkina Faso, Finland, Chile and Nicaragua. It currently has negative earnings.

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