B2Gold (BTO) PT Raised to C$6.50

B2Gold (TSE:BTO) (NYSE:BTG) had its price target upped by Canaccord Genuity from C$6.00 to C$6.50 in a research note issued on Friday. Canaccord Genuity’s price objective suggests a potential upside of 71.05% from the company’s previous close.

BTO has been the subject of a number of other reports. National Bank Financial boosted their price target on B2Gold from C$6.00 to C$6.50 and gave the company an “outperform” rating in a report on Friday, January 12th. Scotiabank reissued an “outperform” rating and issued a C$4.75 price target on shares of B2Gold in a report on Thursday, November 9th. Eight Capital set a C$4.50 price objective on B2Gold and gave the company a “buy” rating in a research report on Monday, September 25th. Finally, BMO Capital Markets restated an “outperform” rating and issued a C$5.00 price objective on shares of B2Gold in a research report on Tuesday, December 5th. Seven research analysts have rated the stock with a buy rating, The company has an average rating of “Buy” and an average target price of C$5.41.

Shares of B2Gold (TSE:BTO) traded up C$0.02 during trading hours on Friday, reaching C$3.80. The company’s stock had a trading volume of 2,617,789 shares, compared to its average volume of 3,182,005. B2Gold has a one year low of C$2.96 and a one year high of C$4.64. The firm has a market capitalization of $3,720.00, a P/E ratio of 95.00 and a beta of 0.59.

B2Gold (TSE:BTO) (NYSE:BTG) last announced its quarterly earnings results on Tuesday, November 7th. The company reported C$0.01 earnings per share (EPS) for the quarter. B2Gold had a return on equity of 3.05% and a net margin of 8.04%.

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About B2Gold

B2Gold Corp. (B2Gold) is a Canada-based gold producer with approximately four operating mines and one mine under construction. The Company has a portfolio of other evaluation and exploration projects in various countries, including Mali, Colombia, Burkina Faso, Finland, Chile and Nicaragua. Its material mineral properties consist of three mines and one mine under construction: Otjikoto mine, an open pit gold mine located approximately 300 kilometers north of Windhoek, the capital of Namibia (Otjikoto Mine); Masbate mine, an open pit gold mine, located near the northern tip of the island of Masbate, over 360 kilometers south-east of Manila (Masbate Gold Project); La Libertad mine, an open pit gold mine located over 110 kilometers due east of Managua and 32 kilometers northeast of Juigalpa, Nicaragua (La Libertad Mine), and Fekola gold project, an open pit gold mine under construction located approximately 40 kilometers south of the city of Kenieba, Mali (Fekola Project).

Analyst Recommendations for B2Gold (TSE:BTO)

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