B2Gold (NYSE:BTG) Raised to Moderate Buy at Cormark

B2Gold (NYSE:BTG - Get Free Report) was upgraded by research analysts at Cormark from a "hold" rating to a "moderate buy" rating in a report issued on Tuesday,Zacks.com reports.3 Promising Penny Stocks to Watch for Long-Term Gains in 2025A number of other research firms have also recently issued reports on BTG. Raymond James reiterated an "outperform" rating and issued a $4.50 target price on shares of B2Gold in a research note on Friday, April 4th. Bank of America lowered shares of B2Gold from a "buy" rating to an "underperform" rating in a research note on Tuesday, January 14th. CIBC raised their price target on shares of B2Gold from $3.30 to $3.60 and gave the company a "neutral" rating in a research note on Thursday, March 20th. National Bankshares reiterated an "outperform" rating on shares of B2Gold in a research report on Wednesday, April 2nd. Finally, Scotiabank upgraded B2Gold from a "hold" rating to a "strong-buy" rating in a research report on Monday, April 14th. One analyst has rated the stock with a sell rating, five have given a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Hold" and a consensus price target of $4.21.Check Out Our Latest Stock Analysis on BTGB2Gold Stock PerformanceWhy Wall Street Loves These 3 Penny StocksShares of BTG stock opened at $3.29 on Tuesday. The company has a quick ratio of 1.08, a current ratio of 1.83 and a debt-to-equity ratio of 0.07. The business has a 50 day moving average of $2.93 and a two-hundred day moving average of $2.82. The company has a market cap of $4.34 billion, a P/E ratio of -6.85, a PEG ratio of 0.33 and a beta of 0.93. B2Gold has a 52 week low of $2.20 and a 52 week high of $3.51. Institutional Inflows and OutflowsA number of hedge funds have recently bought and sold shares of BTG. Geode Capital Management LLC grew its stake in shares of B2Gold by 46.7% in the 3rd quarter. Geode Capital Management LLC now owns 2,075,521 shares of the company's stock worth $7,544,000 after purchasing an additional 661,107 shares during the last quarter. Alliancebernstein L.P. grew its position in B2Gold by 20.4% in the fourth quarter. Alliancebernstein L.P. now owns 163,503 shares of the company's stock worth $399,000 after buying an additional 27,720 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in shares of B2Gold by 525.1% in the third quarter. JPMorgan Chase & Co. now owns 517,575 shares of the company's stock valued at $1,594,000 after buying an additional 434,775 shares in the last quarter. Barclays PLC lifted its position in shares of B2Gold by 23.7% during the 3rd quarter. Barclays PLC now owns 910,558 shares of the company's stock valued at $2,804,000 after acquiring an additional 174,477 shares during the last quarter. Finally, Vanguard Group Inc. boosted its stake in shares of B2Gold by 2.2% during the 4th quarter. Vanguard Group Inc. now owns 53,010,477 shares of the company's stock worth $129,823,000 after acquiring an additional 1,165,204 shares in the last quarter. 61.40% of the stock is owned by institutional investors and hedge funds. About B2Gold (Get Free Report)B2Gold Corp. operates as a gold producer company. It operates the Fekola Mine in Mali, the Masbate Mine in the Philippines, and the Otjikoto Mine in Namibia. The company also has an 100% interest in the Gramalote gold project in Colombia; 24% interest in the Calibre Mining Corp.; and approximately 19% interest in BeMetals Corp.Recommended StoriesFive stocks we like better than B2GoldWhat is the S&P/TSX Index?How to Invest in Micro-Cap Stocks Like a Pro3 Tickers Leading a Meme Stock RevivalInvestors Sell Microsoft Stock on OpenAI News—Time to Buy? Golden Cross Stocks: Pattern, Examples and Charts Take-Two Interactive: A Defensive Play Set to ExplodeThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in B2Gold Right Now?Before you consider B2Gold, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and B2Gold wasn't on the list.While B2Gold currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here