B2Gold Corp. (BTO) Given Average Recommendation of “Buy” by Brokerages
B2Gold Corp. (TSE:BTO) (NYSE:BTG) has earned an average recommendation of “Buy” from the eight research firms that are presently covering the company, Marketbeat Ratings reports. Six equities research analysts have rated the stock with a buy rating. The average 12-month price objective among brokerages that have covered the stock in the last year is C$4.96.
Several equities analysts have weighed in on the company. Scotiabank set a C$4.75 target price on B2Gold Corp. and gave the company an “outperform” rating in a research note on Thursday, August 10th. National Bank Financial reissued a “sector perform market weight” rating on shares of B2Gold Corp. in a research note on Monday, July 31st. BMO Capital Markets reissued an “outperform” rating and issued a C$5.00 target price on shares of B2Gold Corp. in a research note on Thursday, July 20th. Finally, Royal Bank Of Canada reissued an “outperform” rating and issued a C$5.00 target price on shares of B2Gold Corp. in a research note on Friday, June 16th.
In other news, insider William Lytle sold 198,000 shares of the firm’s stock in a transaction dated Friday, June 23rd. The stock was sold at an average price of C$3.87, for a total transaction of C$766,260.00. Also, insider Dale Alton Craig sold 30,000 shares of the firm’s stock in a transaction dated Friday, September 1st. The stock was sold at an average price of C$3.40, for a total value of C$102,000.00. In the last ninety days, insiders have bought 232,051 shares of company stock worth $742,320 and have sold 399,067 shares worth $1,467,608.
Shares of B2Gold Corp. (BTO) traded down 1.52% during midday trading on Friday, reaching $3.24. 2,078,351 shares of the company’s stock traded hands. B2Gold Corp. has a 52-week low of $2.69 and a 52-week high of $4.64. The firm has a market capitalization of $3.17 billion and a P/E ratio of 41.54. The stock’s 50 day moving average price is $3.24 and its 200 day moving average price is $3.52.
About B2Gold Corp.
Receive News & Ratings for B2Gold Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for B2Gold Corp. and related companies with MarketBeat.com's FREE daily email newsletter.