B2Gold (BTO) Shares Up -1.2%

B2Gold Corp. (TSE:BTO) (NYSE:BTG)’s share price shot up 1.2% during mid-day trading on Wednesday . The company traded as high as C$3.30 and last traded at C$3.26. 1,850,525 shares were traded during trading, a decline of 57% from the average session volume of 4,318,229 shares. The stock had previously closed at C$3.30.

Several research firms have recently weighed in on BTO. Scotiabank set a C$4.75 target price on shares of B2Gold and gave the company an “outperform” rating in a report on Thursday, August 10th. Eight Capital set a C$4.50 target price on shares of B2Gold and gave the company a “buy” rating in a report on Monday, September 25th. National Bank Financial raised shares of B2Gold from a “sector perform” rating to an “outperform” rating and lifted their target price for the company from C$5.00 to C$6.00 in a report on Monday, September 25th. Canaccord Genuity lifted their target price on shares of B2Gold from C$5.00 to C$5.50 in a report on Friday, September 29th. Finally, BMO Capital Markets reaffirmed an “outperform” rating and set a C$5.00 target price on shares of B2Gold in a report on Tuesday. Seven investment analysts have rated the stock with a buy rating, The company currently has an average rating of “Buy” and a consensus price target of C$5.19.

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