B2Gold Corp. (TSE:BTO) (NYSE:BTG) – Equities research analysts at National Bank Financial upped their FY2018 earnings per share estimates for B2Gold in a research note issued on Thursday, November 29th. National Bank Financial analyst D. Demarco now forecasts that the company will post earnings per share of $0.27 for the year, up from their previous forecast of $0.26.
BTO has been the subject of a number of other research reports. Pi Financial decreased their price objective on shares of B2Gold from C$5.25 to C$5.10 in a research note on Friday, September 7th. Raymond James decreased their price objective on shares of B2Gold from C$5.00 to C$4.50 in a research note on Friday, October 19th. Canaccord Genuity decreased their target price on shares of B2Gold from C$6.50 to C$6.00 in a research note on Thursday, October 18th. Finally, Cormark lifted their target price on shares of B2Gold from C$5.50 to C$6.00 in a research note on Friday, October 26th. Six equities research analysts have rated the stock with a buy rating, The stock presently has an average rating of “Buy” and an average price target of C$5.33.
B2Gold stock opened at C$3.27 on Monday. B2Gold has a 52 week low of C$2.77 and a 52 week high of C$4.06. The company has a debt-to-equity ratio of 44.21, a current ratio of 1.27 and a quick ratio of 0.79.
In other B2Gold news, insider Roger Richer sold 40,000 shares of B2Gold stock in a transaction on Friday, September 7th. The shares were sold at an average price of C$1.12, for a total transaction of C$44,800.00. Also, Director Kevin Bullock sold 50,000 shares of B2Gold stock in a transaction on Monday, November 19th. The shares were sold at an average price of C$3.47, for a total transaction of C$173,500.00. Insiders have sold a total of 245,000 shares of company stock valued at $733,400 in the last three months.
B2Gold Corp., together with its subsidiaries, engages in the exploration and development of mineral properties in Nicaragua, the Philippines, Mali, Colombia, Burkina Faso, Finland, and Namibia. It primarily explores for gold and silver deposits. The company primarily holds 80% interest in Fekola mine, an open pit gold mine located in Mali; 90% interest in Otjikoto gold mine located north of Windhoek, Namibia; Masbate gold project located in the south-east of Manila, the Philippines; and 95% interest in El Limon mine, an underground gold mine located in northwestern Nicaragua.
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