B2Gold Corp. (BTO) Receives Average Rating of “Buy” from Brokerages

Shares of B2Gold Corp. (TSE:BTO) (NYSE:BTG) have received a consensus rating of “Buy” from the eight ratings firms that are presently covering the firm, Marketbeat reports. Seven research analysts have rated the stock with a buy rating. The average 12-month price target among brokerages that have covered the stock in the last year is C$5.16.

A number of equities analysts have recently weighed in on the company. Scotiabank set a C$4.75 price target on B2Gold Corp. and gave the stock an “outperform” rating in a report on Thursday. Canaccord Genuity boosted their price target on B2Gold Corp. from C$5.00 to C$5.50 in a report on Friday, September 29th. National Bank Financial raised B2Gold Corp. from a “sector perform” rating to an “outperform” rating and boosted their price target for the stock from C$5.00 to C$6.00 in a report on Monday, September 25th. Eight Capital set a C$4.50 price target on B2Gold Corp. and gave the stock a “buy” rating in a report on Monday, September 25th. Finally, Royal Bank Of Canada reissued an “outperform” rating and issued a C$5.00 price target on shares of B2Gold Corp. in a report on Friday, June 16th.

B2Gold Corp. (BTO) traded down 0.87% during trading on Thursday, hitting $3.42. The stock had a trading volume of 1,749,568 shares. The firm has a market cap of $3.35 billion and a price-to-earnings ratio of 57.97. The stock’s 50-day moving average is $3.38 and its 200 day moving average is $3.45. B2Gold Corp. has a one year low of $2.69 and a one year high of $4.64.

In other news, insider William Lytle purchased 32,051 shares of the stock in a transaction on Wednesday, August 16th. The stock was purchased at an average price of C$3.13 per share, with a total value of C$100,319.63. Also, insider Roger Richer sold 35,367 shares of the business’s stock in a transaction dated Wednesday, August 30th. The shares were sold at an average price of C$3.40, for a total value of C$120,247.80. Insiders purchased 232,051 shares of company stock valued at $742,320 over the last quarter.

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B2Gold Corp. Company Profile

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