B2Gold (TSE:BTO) (NYSE:BTG) had its price objective hoisted by research analysts at National Bank Financial from C$6.00 to C$6.50 in a research report issued on Friday, January 12th. The brokerage presently has an “outperform” rating on the stock. National Bank Financial’s price target would indicate a potential upside of 78.08% from the company’s previous close.
BTO has been the subject of a number of other research reports. Scotiabank reiterated an “outperform” rating and set a C$4.75 price objective on shares of B2Gold in a research report on Thursday, October 12th. Canaccord Genuity lifted their price objective on B2Gold from C$5.00 to C$5.50 in a research report on Friday, September 29th. Eight Capital raised their price target on B2Gold from C$4.50 to C$4.75 in a research note on Monday, November 27th. Finally, BMO Capital Markets reissued an “outperform” rating and issued a C$5.00 price target on shares of B2Gold in a research note on Tuesday, December 5th. Seven analysts have rated the stock with a buy rating, B2Gold has an average rating of “Buy” and an average target price of C$5.47.
B2Gold (TSE:BTO) opened at C$3.65 on Friday. B2Gold has a 52-week low of C$2.96 and a 52-week high of C$4.64. The stock has a market capitalization of $3,560.00, a price-to-earnings ratio of 91.25 and a beta of 0.48.
B2Gold (TSE:BTO) (NYSE:BTG) last announced its quarterly earnings results on Tuesday, November 7th. The company reported C$0.01 earnings per share for the quarter. The business had revenue of C$193.30 million during the quarter, compared to analysts’ expectations of C$216.04 million. B2Gold had a return on equity of 3.05% and a net margin of 8.04%.
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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).
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