B2Gold Corp. (TSE:BTO) (NYSE:BTG) shares shot up 0.3% on Wednesday . The stock traded as high as C$3.43 and last traded at C$3.41. 1,627,138 shares were traded during trading, a decline of 62% from the average session volume of 4,271,371 shares. The stock had previously closed at C$3.40.
BTO has been the topic of several research analyst reports. BMO Capital Markets restated an “outperform” rating and set a C$5.00 target price on shares of B2Gold in a report on Tuesday, December 5th. Eight Capital raised their target price on shares of B2Gold from C$4.50 to C$4.75 in a report on Monday, November 27th. Scotiabank restated an “outperform” rating and set a C$4.75 target price on shares of B2Gold in a report on Thursday, November 9th. Canaccord Genuity lifted their price objective on shares of B2Gold from C$5.00 to C$5.50 in a report on Friday, September 29th. Finally, National Bank Financial upgraded shares of B2Gold from a “sector perform” rating to an “outperform” rating and lifted their price objective for the company from C$5.00 to C$6.00 in a report on Monday, September 25th. Seven analysts have rated the stock with a buy rating, The company presently has a consensus rating of “Buy” and an average price target of C$5.19.
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