B2Gold Corp. (BTO) Given Average Recommendation of “Buy” by Analysts
B2Gold Corp. (TSE:BTO) (NYSE:BTG) has received an average recommendation of “Buy” from the eight ratings firms that are covering the company, MarketBeat.com reports. Six investment analysts have rated the stock with a buy rating. The average twelve-month price target among analysts that have issued a report on the stock in the last year is C$4.96.
Several research firms recently commented on BTO. Scotiabank set a C$4.75 price objective on shares of B2Gold Corp. and gave the stock an “outperform” rating in a report on Thursday, August 10th. National Bank Financial reaffirmed a “sector perform market weight” rating on shares of B2Gold Corp. in a report on Monday, July 31st. BMO Capital Markets reaffirmed an “outperform” rating and issued a C$5.00 price objective on shares of B2Gold Corp. in a report on Thursday, July 20th. Royal Bank Of Canada reiterated an “outperform” rating and issued a C$5.00 target price on shares of B2Gold Corp. in a research note on Friday, June 16th. Finally, TD Securities reiterated a “buy” rating and issued a C$5.50 target price on shares of B2Gold Corp. in a research note on Friday, May 5th.
In other news, insider William Lytle sold 22,263 shares of the firm’s stock in a transaction 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 Clive Thomas Johnson acquired 100,000 shares of the stock in a transaction dated Friday, August 18th. The shares were bought at an average price of C$3.20 per share, for a total transaction of C$320,000.00. Over the last quarter, insiders acquired 232,051 shares of company stock worth $742,320 and sold 355,963 shares worth $1,320,609.
B2Gold Corp. (TSE:BTO) traded up 5.33% during midday trading on Wednesday, hitting $3.36. The stock had a trading volume of 2,935,802 shares. B2Gold Corp. has a 1-year low of $2.69 and a 1-year high of $4.64. The company has a market cap of $3.29 billion and a price-to-earnings ratio of 56.95. The company’s 50 day moving average is $3.26 and its 200 day moving average is $3.62.
B2Gold Corp. Company Profile
Receive News & Stock 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 stocks with our FREE daily email newsletter.