B2Gold (TSE:BTO) Raised to Strong-Buy at Canadian Imperial Bank of Commerce

B2Gold (TSE:BTO) (NYSE:BTG) was upgraded by equities research analysts at Canadian Imperial Bank of Commerce from a “hold” rating to a “strong-buy” rating in a research report issued to clients and investors on Monday,Zacks.com reports.

Several other brokerages have also issued reports on BTO. Scotiabank raised shares of B2Gold from a “hold” rating to a “strong-buy” rating in a report on Monday. TD Securities upgraded B2Gold from a “hold” rating to a “strong-buy” rating in a research note on Monday. TD raised B2Gold from a “hold” rating to a “buy” rating and raised their price objective for the company from C$6.00 to C$8.50 in a report on Monday. National Bank Financial reduced their price objective on B2Gold from C$10.70 to C$9.75 and set an “outperform” rating on the stock in a research report on Tuesday, July 14th. Finally, ATB Cormark Capital Markets upgraded B2Gold from a “hold” rating to a “moderate buy” rating and boosted their price objective for the stock from C$6.50 to C$11.00 in a research report on Monday. Three research analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of C$9.33.

B2Gold Stock Performance

TSE:BTO opened at C$7.05 on Monday. The stock’s 50-day simple moving average is C$5.70 and its 200 day simple moving average is C$6.43. The firm has a market capitalization of C$9.31 billion, a PE ratio of 12.59, a price-to-earnings-growth ratio of -0.27 and a beta of 1.74. The company has a quick ratio of 3.33, a current ratio of 1.58 and a debt-to-equity ratio of 11.48. B2Gold has a twelve month low of C$4.99 and a twelve month high of C$8.60.

B2Gold (TSE:BTO) (NYSE:BTG) last issued its earnings results on Thursday, August 6th. The company reported C$0.04 EPS for the quarter. The firm had revenue of C$1.12 billion during the quarter. B2Gold had a return on equity of 21.87% and a net margin of 21.20%. On average, analysts anticipate that B2Gold will post 0.5596659 EPS for the current fiscal year.

Insider Transactions at B2Gold

In other news, insider Peter Dominic Montano sold 61,254 shares of the firm’s stock in a transaction on Wednesday, June 17th. The shares were sold at an average price of C$6.51, for a total transaction of C$398,763.54. Following the completion of the transaction, the insider owned 456 shares of the company’s stock, valued at approximately C$2,968.56. This trade represents a 99.26% decrease in their ownership of the stock. Also, insider Randall Chatwin sold 67,857 shares of the firm’s stock in a transaction on Friday, May 22nd. The shares were sold at an average price of C$6.33, for a total transaction of C$429,534.81. Following the transaction, the insider directly owned 130,043 shares of the company’s stock, valued at C$823,172.19. The trade was a 34.29% decrease in their position. In the last 90 days, insiders sold 227,252 shares of company stock worth $1,401,375. 0.66% of the stock is currently owned by insiders.

Key B2Gold News

Here are the key news stories impacting B2Gold this week:

• Positive Sentiment: Mali project receives approval: B2Gold reportedly received the “green light” for its Mali operations, a potentially important catalyst that reduces regulatory uncertainty and supports the company’s operating outlook. B2Gold up 22% as it receives green light for Mali
• Positive Sentiment: TD Securities raised its view: TD upgraded B2Gold from “hold” to “buy” and increased its price target to C$8.50 from C$6.00, implying roughly 21% upside from the cited C$7.04 price. A subsequent update also listed TD’s rating as “strong-buy.” BayStreet analyst ratings
• Positive Sentiment: Scotiabank became more bullish: Scotia upgraded B2Gold from “sector perform” to “sector outperform” and set a C$10.00 target, representing approximately 42% upside from the cited price. The bank was also reported as moving from “hold” to “strong-buy.” BayStreet analyst ratings
• Positive Sentiment: ATB Cormark raised its target sharply: The firm upgraded B2Gold from “hold” to “moderate buy” and lifted its target to C$11.00 from C$6.50, implying about 56% upside from the cited C$7.05 price. BayStreet analyst ratings
• Neutral Sentiment: The analyst revisions strengthen the near-term outlook, but price targets are estimates and the stock remains sensitive to gold prices, Mali execution and regulatory developments. Canadian Analyst Updates: August 10th, 2026

About B2Gold

B2Gold is a responsible international gold producer headquartered in Vancouver, Canada. Founded in 2007, today, B2Gold has operating gold mines in Canada, Mali, Namibia and the Philippines, and numerous development and exploration projects in various countries.