Thomas Garagan sells 4,100 shares of B2Gold Corp. (BTO)

B2Gold Corp. (TSE: BTO) (NYSE: BTG) insider Thomas Garagan sold 4,100 shares of the stock in a transaction The shares were sold at an average price of CA $ 3.27 for a total transaction of $ 13,407.00 IT.

B2Gold opened at CDN $ 3.23 Monday, reports Marketbeat. B2Gold (TSE: BTO) (NYSE: BTG) last released its quarterly results on Wednesday, May 9th. The company had sales of C $ 435.22 million for the quarter, compared with a forecast of C $ 399.66 million for analysts, while B2Gold posted a return on equity of 3 , 05% and a net profit of 3.05%. A net margin of 8.04%

Several analysts have recently weighed on the stock: Royal Bank of Canada lowered its target price on B2Gold shares from C $ 5.00 to $ 4.50 C and establish an "outperformance" rating for the company in a research note on Tuesday, May 22nd. Scotiabank has set a target price of CAD $ 5.00 on B2Gold shares and has assigned the company an "outperformance" rating in a research note on Thursday, April 19. National Bank Financial reduced its B2Gold stock price target from C $ 7.00 to C $ 6.50 and established an "outperformance" rating for the company in a research note on Saturday. Canaccord Genuity raised its B2Gold stock price target from $ 6.50 CAD to $ 7.00 CAD in a research note on Monday, April 23. Finally, Raymond James reissued an "outperformance" rating and issued a target price of CAD $ 5.00 on B2Gold shares in a research note on Tuesday, April 24. Six analysts have rated the stock with a note of purchase, the stock currently has a consensual rating of "buy" and an average price target of $ 5.49 CDN.

B2Gold Company Profile

B2Gold Corp., with its subsidiaries, engages 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% stake in El Limon Mine, an underground gold mine in northwestern Nicaragua.

History: Relative Strength Index

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