Today, Toronto Dominion Bank Increases Stake in B2Gold Corp (BTG)

Today, Toronto Dominion Bank Increases Stake in B2Gold Corp (BTG)

Toronto Dominion Bank boosted its position in B2Gold Corp (NYSE:BTG) (TSE:BTO) by 88.5% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 456,553 shares of the company’s stock after buying an additional 214,301 shares during the period. Toronto Dominion Bank’s holdings in B2Gold Corp were worth $1,197,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in BTG. Schroder Investment Management Group purchased a new position in B2Gold Corp during the second quarter worth approximately $2,188,000. I.G. Investment Management LTD. boosted its position in B2Gold Corp by 2.8% in the second quarter. I.G. Investment Management LTD. now owns 8,483,386 shares of the company’s stock worth $21,277,000 after buying an additional 234,402 shares during the period. TD Asset Management Inc. boosted its position in B2Gold Corp by 50.3% in the second quarter. TD Asset Management Inc. now owns 9,434,900 shares of the company’s stock worth $23,538,000 after buying an additional 3,155,875 shares during the period. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp boosted its position in B2Gold Corp by 130.4% in the second quarter. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp now owns 2,080,180 shares of the company’s stock worth $6,740,000 after buying an additional 1,177,270 shares during the period. Finally, Emerald Acquisition Ltd. purchased a new position in B2Gold Corp during the second quarter worth approximately $1,862,000.

B2Gold Corp (NYSE:BTG) traded down 1.28% during trading on Friday, reaching $2.31. The company had a trading volume of 1,240,433 shares. The company’s market capitalization is $2.21 billion. The stock has a 50 day moving average price of $2.59 and a 200-day moving average price of $2.63. B2Gold Corp has a 52-week low of $0.60 and a 52-week high of $3.65.

A number of research firms have commented on BTG. TD Securities restated a “buy” rating and set a $5.50 price target (up from $4.00) on shares of B2Gold Corp in a research note on Wednesday, August 10th. Raymond James Financial Inc. restated an “outperform” rating and set a $5.00 price target (up from $3.75) on shares of B2Gold Corp in a research note on Monday, August 8th. RBC Capital Markets restated an “outperform” rating and set a $5.50 price target (up from $5.00) on shares of B2Gold Corp in a research note on Monday, August 8th. National Bank Financial restated a “sector perform” rating and set a $4.50 price target (up from $4.20) on shares of B2Gold Corp in a research note on Monday, August 8th. Finally, Clarus Securities raised B2Gold Corp from a “hold” rating to a “buy” rating in a research report on Monday, August 8th. Three equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of $4.78.

B2Gold Corp Company Profile

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