B2Gold Corp. (BTO) Posts Quarterly Earnings, Misses Expectations By $0.03 EPS
B2Gold Corp. (TSE:BTO) announced its earnings results on Friday. The company reported ($0.01) EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.02 by $0.03, Stock Ratings Network reports.
Shares of B2Gold Corp. (TSE:BTO) opened at 2.92 on Friday. B2Gold Corp. has a 52-week low of $1.98 and a 52-week high of $3.69. The stock has a 50-day moving average of $2.97 and a 200-day moving average of $2.99. The company has a market cap of $1.979 billion and a price-to-earnings ratio of 48.57.
A number of research firms have recently commented on BTO. Analysts at Scotiabank reiterated a “focus stock” rating on shares of B2Gold Corp. in a research note on Thursday. They now have a C$4.00 price target on the stock. Finally, analysts at CIBC cut their price target on shares of B2Gold Corp. from C$5.00 to C$4.50 in a research note on Thursday, June 5th. They now have a “sector outperform” rating on the stock. One equities research analyst has rated the stock with a hold rating, thirteen have assigned a buy rating and one has given a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus target price of C$3.99.
B2Gold Corp. (TSE:BTO) is a gold producer with mining operations in Nicaragua and a portfolio of development and exploration assets in Colombia, Nicaragua and Uruguay.
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