5 Most Promising Gold Stocks According to Analysts

1. B2Gold Corp. (NYSE:BTG)

Average Analyst Price Target Upside: 65.71%

Average Analyst Price Target: $5.22

B2Gold Corp. (NYSE:BTG) is a Canadian company that explores and develops gold resources. The company carries out its exploration, development, and production in several countries, including Columbia, Mali, Namibia, the Philippines, Uzbekistan, Finland, and Canada.

In the third quarter, the number of hedge funds with investments in B2Gold Corp. (NYSE:BTG)’s stock was 19, compared to 17 funds in the second quarter. John Overdeck And David Siegel’s Two Sigma Advisors increased its stake by 9% to nearly 11.88 million shares worth approximately $34.33 million, making it the most significant stakeholder in the company.

On November 9, B2Gold Corp. (NYSE:BTG) posted its Q3 non-GAAP EPS of $0.05 and revenue of $477.89 million, which rose by 21.7% YoY and topped the estimates by $12.55 million.

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