B2Gold Corp. (BTO) Receives Average Recommendation of “Buy” from Analysts
B2Gold Corp. (TSE:BTO) (NYSE:BTG) has received an average recommendation of “Buy” from the eight ratings firms that are presently covering the firm, Marketbeat.com reports. Five equities research analysts have rated the stock with a buy rating. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is C$5.47.
Several research analysts recently commented on BTO shares. National Bank Financial boosted their price objective on shares of B2Gold from C$6.00 to C$6.50 and gave the stock an “outperform” rating in a research note on Friday, January 12th. Scotiabank set a C$5.00 price target on shares of B2Gold and gave the company an “outperform” rating in a research note on Friday, February 23rd. Canaccord Genuity upped their price target on shares of B2Gold from C$6.00 to C$6.50 in a research note on Friday, January 19th. Eight Capital upped their price target on shares of B2Gold from C$4.50 to C$4.75 in a research note on Monday, November 27th. Finally, BMO Capital Markets restated an “outperform” rating and set a C$5.00 price target on shares of B2Gold in a research note on Tuesday, December 5th.
In other B2Gold news, insider Eduard Bartz sold 75,000 shares of the company’s stock in a transaction that occurred on Friday, March 16th. The shares were sold at an average price of C$3.82, for a total transaction of C$286,500.00.
B2Gold (TSE:BTO) (NYSE:BTG) last posted its quarterly earnings data on Wednesday, March 14th. The company reported C$0.01 EPS for the quarter, missing the consensus estimate of C$0.02 by C($0.01). The firm had revenue of C$220.98 million for the quarter, compared to the consensus estimate of C$275.31 million. B2Gold had a return on equity of 3.05% and a net margin of 8.04%.
ILLEGAL ACTIVITY WARNING: “B2Gold Corp. (BTO) Receives Average Recommendation of “Buy” from Analysts” was published by Watch List News and is owned by of Watch List News. If you are accessing this piece of content on another domain, it was stolen and reposted in violation of international copyright & trademark laws. The correct version of this piece of content can be accessed at https://www.watchlistnews.com/b2gold-corp-bto-receives-average-recommendation-of-buy-from-analysts/1944189.html.
B2Gold Company Profile
B2Gold Corp. (B2Gold) is a Canada-based gold producer with approximately four operating mines and one mine under construction. The Company has a portfolio of other evaluation and exploration projects in various countries, including Mali, Colombia, Burkina Faso, Finland, Chile and Nicaragua. Its material mineral properties consist of three mines and one mine under construction: Otjikoto mine, an open pit gold mine located approximately 300 kilometers north of Windhoek, the capital of Namibia (Otjikoto Mine); Masbate mine, an open pit gold mine, located near the northern tip of the island of Masbate, over 360 kilometers south-east of Manila (Masbate Gold Project); La Libertad mine, an open pit gold mine located over 110 kilometers due east of Managua and 32 kilometers northeast of Juigalpa, Nicaragua (La Libertad Mine), and Fekola gold project, an open pit gold mine under construction located approximately 40 kilometers south of the city of Kenieba, Mali (Fekola Project).
Receive News & Ratings for B2Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for B2Gold and related companies with MarketBeat.com's FREE daily email newsletter.