B2Gold (TSE:BTO – Get Free Report) (NYSE:BTG) had its price objective lifted by investment analysts at Canaccord Genuity Group from C$7.25 to C$7.50 in a report released on Tuesday, BayStreet.CA reports. Canaccord Genuity Group’s target price points to a potential upside of 114.29% from the company’s current price.
A number of other brokerages have also commented on BTO. Eight Capital decreased their target price on B2Gold from C$7.25 to C$7.00 and set a “buy” rating for the company in a research report on Monday. Stifel Nicolaus decreased their price objective on B2Gold from C$6.50 to C$6.00 in a report on Friday. BMO Capital Markets decreased their price objective on B2Gold from C$6.50 to C$6.00 and set an “outperform” rating for the company in a report on Tuesday, March 19th. Scotiabank decreased their price objective on B2Gold from C$6.50 to C$5.50 and set an “outperform” rating for the company in a report on Monday, March 18th. Finally, CIBC decreased their price objective on B2Gold from C$3.60 to C$3.40 and set an “outperform” rating for the company in a report on Wednesday, February 7th. Eight analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of C$6.10.
Check Out Our Latest Stock Report on B2Gold
B2Gold Trading Up 1.4 %
B2Gold (TSE:BTO – Get Free Report) (NYSE:BTG) last issued its earnings results on Wednesday, February 21st. The company reported C$0.10 EPS for the quarter, missing analysts’ consensus estimates of C$0.11 by C($0.01). B2Gold had a net margin of 0.52% and a return on equity of 1.18%. The firm had revenue of C$697.07 million during the quarter. As a group, equities research analysts expect that B2Gold will post 0.3116987 earnings per share for the current fiscal year.
Insider Buying and Selling at B2Gold
In other B2Gold news, Director Clive Thomas Johnson sold 91,552 shares of the business’s stock in a transaction on Thursday, April 4th. The shares were sold at an average price of C$3.75, for a total transaction of C$343,320.00. In related news, Director Clive Thomas Johnson sold 91,552 shares of B2Gold stock in a transaction on Thursday, April 4th. The stock was sold at an average price of C$3.75, for a total transaction of C$343,320.00. Also, Senior Officer Eduard Bartz sold 12,510 shares of B2Gold stock in a transaction on Monday, April 8th. The shares were sold at an average price of C$3.93, for a total value of C$49,164.30. Insiders have sold 205,857 shares of company stock valued at $789,779 in the last 90 days. 0.83% of the stock is currently owned by company insiders.
B2Gold Company Profile
B2Gold Corp. operates as a gold producer company. It operates the Fekola Mine in Mali, the Masbate Mine in the Philippines, and the Otjikoto Mine in Namibia. The company also has an 100% interest in the Gramalote gold project in Colombia; 24% interest in the Calibre Mining Corp.; and approximately 19% interest in BeMetals Corp.
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