B2Gold (BTO) Given New C$6.50 Price Target at Canaccord Genuity

B2Gold (TSE:BTO) (NYSE:BTG) had its price target lifted by Canaccord Genuity from C$6.00 to C$6.50 in a report published on Friday.

Several other equities analysts have also recently commented on the stock. Scotiabank set a C$5.00 price target on shares of B2Gold and gave the company an outperform rating in a research report on Friday, January 12th. National Bank Financial lifted their price objective on shares of B2Gold from C$6.00 to C$6.50 and gave the stock an outperform rating in a research report on Friday, January 12th. BMO Capital Markets reaffirmed an outperform rating and set a C$5.00 price objective on shares of B2Gold in a research report on Tuesday, December 5th. Finally, Eight Capital lifted their price objective on shares of B2Gold from C$4.50 to C$4.75 in a research report on Monday, November 27th. Seven investment analysts have rated the stock with a buy rating, The company currently has an average rating of Buy and an average price target of C$5.41.

Shares of B2Gold (BTO) traded up C$0.02 during mid-day trading on Friday, reaching C$3.80. 2,617,800 shares of the company’s stock traded hands, compared to its average volume of 3,182,005. B2Gold has a 52 week low of C$2.96 and a 52 week high of C$4.64. The stock has a market cap of $3,720.00, a PE ratio of 95.00 and a beta of 0.59.

B2Gold (TSE:BTO) (NYSE:BTG) last issued its quarterly earnings results on Tuesday, November 7th. The company reported C$0.01 EPS for the quarter. B2Gold had a net margin of 8.04% and a return on equity of 3.05%.

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About B2Gold

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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