B2Gold Corp. (NYSE:BTG) is at least 58.1% than its current record low price of $2.1. There was a 3.43% gain on 7/18/2019 that led the price to move at $3.32. At a recent session, the prices were hovering between $3.1571 and $3.37. This company shares are 5.42% off its target price of $3.5 and the current market capitalization stands at $3.35B. The recent change has given its price a 17.42% lead over SMA 50 and -0.9% deficit over its 52-week high. The stock witnessed 17.31% gains, 22.51% gains and 16.08% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found BTG’s volatility during a week at 3.82% and during a month it has been found around 3.74%.
What Does B2Gold Corp. (BTG) Do?
The company describes itself in regulatory filings as, “B2Gold Corp. engages in the acquisition and development of mineral properties. It operates through the following segments: Fekola Mine, Otjikoto Mine, Masbate Mine, Libertad Mine, Limon Mine, Other Mineral Properties, and Corporate and Other. The Other Mineral Properties segment consists of the company’s interests in mineral properties which are at various exploration and development. The Corporate and Other segment focuses on corporate operations. The company was founded by Mark Anthony Corra, Thomas A. Garagan, Clive Thomas Johnson and Roger Thomas Richer on November 30, 2006 and is headquartered in Vancouver, Canada.” [Text can be found here: https://www.marketwatch.com/investing/stock/BTG/profile under company description.]B2Gold Corp. (BTG) Top Holders
Institutional investors currently hold around $1.95 billion or 0% in BTG stock. Look at its top three institutional owners: Van Eck Associates Corp owns $416.83 million in B2Gold Corp., which represents roughly 12.44% of the company’s market cap and approximately 21.35% of the institutional ownership. Similar statistics are true for the second largest owner, Fmr Llc, which owns 127,269,859 shares of the stock are valued at $408.54 million. The third largest holder is Franklin Resources Inc, which currently holds $85.17 million worth of this stock and that ownership represents nearly 2.54% of its market capitalization.B2Gold Corp. 13F Filings
At the end of March reporting period, 78 institutional holders increased their position in B2Gold Corp. (NYSE:BTG) by some 49,105,906 shares, 57 decreased positions by 56,360,364 and 28 held positions by 502,654,030. That puts total institutional holdings at 608,120,300 shares, according to SEC filings. The stock grabbed 20 new institutional investments totaling 14,027,477 shares while 15 institutional investors sold out their entire positions totaling 8,998,537 shares.B2Gold Corp. (BTG) Analyst Guide
Several analysts have released their opinion on B2Gold Corp. (NYSE:BTG), with 6 analysts believing it is a strong buy. Whereas 0 of them predict the stock is a hold. Also, there are 11 buy, 0 sell and 0 strong sell ratings, collectively assigning a 1.65 average brokerage recommendation [T1].