B2Gold Corp. (TSE:BTO) (NYSE:BTG) had its price target cut by Scotiabank from C$5.00 to C$4.75 in a research report sent to investors on Tuesday morning. They currently have an outperform rating on the stock.
Several other brokerages have also issued reports on BTO. BMO Capital Markets reiterated an outperform rating and set a C$5.00 target price on shares of B2Gold Corp. in a research report on Thursday, July 20th. Royal Bank Of Canada reiterated an outperform rating and set a C$5.00 target price on shares of B2Gold Corp. in a research report on Friday, June 16th. TD Securities reiterated a buy rating and set a C$5.50 target price on shares of B2Gold Corp. in a research report on Friday, May 5th. Finally, Raymond James Financial, Inc. reiterated an outperform rating and set a C$5.00 target price on shares of B2Gold Corp. in a research report on Thursday, April 20th. One investment analyst has rated the stock with a hold rating and eight have assigned a buy rating to the stock. The stock currently has a consensus rating of Buy and a consensus target price of C$4.92.
B2Gold Corp. (TSE:BTO) opened at 3.12 on Tuesday. B2Gold Corp. has a 12 month low of $2.69 and a 12 month high of $4.74. The firm has a market capitalization of $3.05 billion and a PE ratio of 156.00. The stock has a 50 day moving average of $3.53 and a 200 day moving average of $3.71.
ILLEGAL ACTIVITY WARNING: This article was reported by StockNewsTimes and is the property of of StockNewsTimes. If you are viewing this article on another publication, it was stolen and republished in violation of US and international copyright legislation. The legal version of this article can be viewed at https://stocknewstimes.com/2017/08/04/b2gold-corp-tsebto-price-target-cut-to-c4-75.html.
In other B2Gold Corp. news, insider William Lytle sold 22,263 shares of B2Gold Corp. stock in a transaction that occurred on Monday, June 5th. The shares were sold at an average price of C$3.38, for a total transaction of C$75,248.94. Also, Director Robert Gayton sold 100,000 shares of B2Gold Corp. stock in a transaction that occurred on Tuesday, July 4th. The stock was sold at an average price of C$3.57, for a total transaction of C$357,000.00. Insiders have sold 362,241 shares of company stock worth $1,341,703 over the last three months.
B2Gold Corp. Company Profile
B2Gold Corp, together with its subsidiaries, engages in the exploration and development of mineral properties in Nicaragua, the Philippines, Namibia, Mali, Colombia, Burkina Faso, and Finland. It primarily explores for gold, silver, and copper deposits. The companys production properties include the La Libertad mine with an exploitation concession covering an area of 10,950 hectares and the El Limon mine covering an area of 12,000 hectares located in Nicaragua; the Masbate mine covering an area of approximately 15,209 hectares located in the Philippines; and the Otjikoto mine covering an area of 6,933.99 hectares located in Namibia.
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.
