Cormark Research Analysts Increase Earnings Estimates for B2Gold Corp (BTG)

B2Gold Corp (NYSEAMERICAN:BTG) (TSE:BTO) – Investment analysts at Cormark increased their FY2018 earnings estimates for shares of B2Gold in a research report issued on Wednesday. Cormark analyst R. Gray now anticipates that the basic materials company will post earnings of $0.18 per share for the year, up from their prior forecast of $0.16. Cormark also issued estimates for B2Gold’s FY2019 earnings at $0.22 EPS.

Several other equities analysts also recently commented on the stock. National Bank Financial upgraded shares of B2Gold from a “sector perform market weight” rating to an “outperform market weight” rating in a report on Monday, September 25th. Zacks Investment Research downgraded shares of B2Gold from a “buy” rating to a “hold” rating in a report on Thursday, October 12th. Finally, BidaskClub upgraded shares of B2Gold from a “sell” rating to a “hold” rating in a report on Tuesday, November 7th. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. B2Gold presently has a consensus rating of “Hold” and a consensus price target of $3.63.

B2Gold (NYSEAMERICAN:BTG) opened at $3.07 on Friday. The firm has a market cap of $2,880.00, a price-to-earnings ratio of 76.75 and a beta of 0.89. B2Gold has a fifty-two week low of $2.15 and a fifty-two week high of $3.55.

Large investors have recently added to or reduced their stakes in the business. Hexavest Inc. grew its stake in shares of B2Gold by 1.1% in the fourth quarter. Hexavest Inc. now owns 3,815,729 shares of the basic materials company’s stock valued at $11,818,000 after acquiring an additional 40,274 shares in the last quarter. Montrusco Bolton Investments Inc. acquired a new position in shares of B2Gold in the fourth quarter valued at about $2,043,000. Virtu Financial LLC grew its stake in shares of B2Gold by 201.6% in the third quarter. Virtu Financial LLC now owns 129,105 shares of the basic materials company’s stock valued at $177,000 after acquiring an additional 86,302 shares in the last quarter. Jane Street Group LLC grew its stake in shares of B2Gold by 202.9% in the third quarter. Jane Street Group LLC now owns 1,234,354 shares of the basic materials company’s stock valued at $3,456,000 after acquiring an additional 826,846 shares in the last quarter. Finally, Impala Asset Management LLC acquired a new position in shares of B2Gold in the third quarter valued at about $4,773,000.

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B2Gold Company Profile

Earnings History and Estimates for B2Gold (NYSEAMERICAN:BTG)

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