B2Gold Corp. (BTO) Given Consensus Rating of “Buy” by Brokerages

Shares of B2Gold Corp. (TSE:BTO) (NYSE:BTG) have received a consensus recommendation of “Buy” from the eight research firms that are presently covering the company, MarketBeat Ratings reports. Five investment analysts have rated the stock with a buy recommendation. The average 12-month target price among brokers that have issued a report on the stock in the last year is C$5.47.

BTO has been the subject of a number of recent analyst reports. Scotiabank restated an “outperform” rating and issued a C$4.75 price objective on shares of B2Gold in a research note on Thursday, November 9th. Eight Capital upped their price objective on B2Gold from C$4.50 to C$4.75 in a research note on Monday, November 27th. BMO Capital Markets restated an “outperform” rating and issued a C$5.00 price objective on shares of B2Gold in a research note on Tuesday, December 5th. National Bank Financial upped their price objective on B2Gold from C$6.00 to C$6.50 and gave the company an “outperform” rating in a research note on Friday, January 12th. Finally, Canaccord Genuity upped their price objective on B2Gold from C$6.00 to C$6.50 in a research note on Friday, January 19th.

Shares of B2Gold (BTO) traded up C$0.19 during trading hours on Wednesday, reaching C$3.84. The company’s stock had a trading volume of 3,139,843 shares, compared to its average volume of 3,372,461. The company has a market cap of $3,580.00, a P/E ratio of 96.00 and a beta of 0.48. B2Gold has a 52-week low of C$2.96 and a 52-week high of C$4.64.

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B2Gold Company Profile

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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