B2Gold Corp. (BTO) Receives Consensus Recommendation to "Buy" Analysts



[ad_1]

  B2Gold logo "title =" B2Gold logo "class =" companylogo "/> B2Gold Corp. shares (TSE: BTO) (NYSE: BTG) received a consensual rating of" Buy "from seven brokerage firms that are currently Equity Research Analysts have rated the stock by assigning it a purchase rating, the average course goal of 12 months for brokerages having published a report on the stock price. share in the last year having reached C $ 5.49. </p>
<p>  Royal Bank of Canada lowered its target price on B2Gold from C $ 5.00 to C $ 4.50 and established a outperformance rating in a research report on Tuesday, May 22. In a research report released Thursday, April 19, National Bank Financial lowered its target price on B2Gold from C $ 7.00 to C $ 6.50 and established an "outperformance" rating on the title in a research report research report on Saturday, July 14 Canaccord Genuity raised the price B2Gold target of $ 6.50 CAD to $ 7.00 CAD in a research report on Monday, April 23rd. Finally, Raymond James confirmed an "outperformance" rating and issued a target price of C $ 5.00 on B2Gold shares in a research report on Tuesday, April 24. </p>
<p>  B2Gold's shares fell by C $ 0.01 to C $ 3.37, Marketbeat Ranking Reports. The stock had a trading volume of 825,995 shares, compared to its average volume of 2,399,770. B2Gold has a 52-week low of CA $ 3.01 and a high of CA $ 4.06. in 52 weeks. </p>
<p>  B2Gold (TSE: BTO) (NYSE: BTG) last released its quarterly results on Wednesday, May 9th. The company reported earnings per share of C $ 0.08 for the quarter, with consensus analyst estimates of C $ 0.09 per C ($ 0.01). During the quarter, the company achieved a turnover of 435.22 million Canadian dollars, against a consensus estimate of 399.66 million Canadian dollars. B2Gold had a net margin of 8.04% and a return on equity of 3.05%. </p>
<p>  By the way, the director, Robert Gayton, sold 100,000 shares of the company during a transaction that occurred on Monday, May 14. The stock was sold at an average price of CA $ 3.64, for a total value of CA $ 364,000. In addition, Brian Scott, an insider, sold 75,000 shares of the company during a transaction on Monday, May 14. The shares were sold at an average price of C $ 3.64, for a total value of C $ 273,000. Insiders sold 455,037 shares valued at $ 1,567,833 over the last ninety days. </p>
<p>  <strong> About B2Gold </strong> </p>
<p>  B2Gold Corp. and its subsidiaries are engaged in the exploration and development of mining properties in Nicaragua, the Philippines, Mali, Colombia, Burkina Faso, Finland and Namibia. It mainly explores gold and silver deposits. The company owns mainly 80% of the Fekola mine, an open pit gold mine located in Mali; 90% stake in the Otjikoto gold mine north of Windhoek, Namibia; Gold Masbate project located in southeast Manila, Philippines; and a 95% interest in the El Limon Mine, an underground gold mine in northwestern Nicaragua </p>
<p>  Further Reading: Book Value Per Unit – BVPS <!--ViewCount:ArticleHistoryID=21630763&PostDate=2018-7-20&type=c&tertiary=1&id=431715--><!--Keyword: B2Gold,TSE:BTO,BTO,Basic Material,Ratings,Consensus--><!--Ratings:4,6,TSE:BTO--></p>
<p style=  Analyst Recommendations for B2Gold (TSE: BTO) "title =" Analyst Recommendations for B2Gold (TSE: BTO) "/> </p>
<p>			 	<!-- end inline unit --></p>
<p>				<!-- end main text --></p>
<p>				<!-- Invalidate Article --></p>
<p>				<!-- End Invalidate --></p>
<p><!--Begin Footer Opt-In--></p>
<p style= Receive news and ratings for B2Gold Daily – Enter your email address below to receive a concise summary of the latest news and analyst ratings for B2Gold and related companies with MarketBeat.com FREE Daily E-Newsletter.

[ad_2]
Source link