B2Gold Corp. Receives Consensus Recommendation of “Buy” from Brokerages (TSE:BTO)
Shares of B2Gold Corp. (TSE:BTO) have received an average rating of “Buy” from the fourteen ratings firms that are covering the company, Analyst Ratings Network reports. One equities research analyst has rated the stock with a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is C$3.99.
B2Gold Corp. (TSE:BTO) opened at 2.83 on Friday. B2Gold Corp. has a one year low of $1.98 and a one year high of $3.69. The stock’s 50-day moving average is $2.95 and its 200-day moving average is $2.99. The company has a market cap of $1.925 billion and a P/E ratio of 45.56.
B2Gold Corp. (TSE:BTO) last announced its earnings results on Friday, August 15th. The company reported ($0.01) earnings per share for the quarter, missing the analysts’ consensus estimate of $0.02 by $0.03. Analysts expect that B2Gold Corp. will post $0.09 EPS for the current fiscal year.
BTO has been the subject of a number of recent research reports. Analysts at Scotiabank reiterated a “focus stock” rating on shares of B2Gold Corp. in a research note on Thursday, August 14th. 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.
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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