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B2Gold (BTG) Looks Good: Stock Adds 5.1% in Session

Zacks

B2Gold Corp. BTG was a big mover last session, as the company saw its shares rise more than 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $2.68–$2.95 in the past one-month time frame, witnessed a sharp increase yesterday.

The move came after the company reported solid first-quarter 2018 gold production and revenue figures.

The company's Zacks Consensus Estimate for the current quarter has moved higher over the past few weeks, suggesting that more solid trading could be ahead for B2Gold. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.

B2Gold currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.


Investors interested in the Mining – Gold industry may consider Asanko Gold Inc. AKG, which has a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Is BTG going up? Or down? Predict to see what others think:Up or Down

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