Q3 2017 EPS Estimates for B2Gold Corp. Reduced by National Bank Financial (BTO)
B2Gold Corp. (TSE:BTO) (NYSE:BTG) – Equities researchers at National Bank Financial cut their Q3 2017 earnings per share (EPS) estimates for shares of B2Gold Corp. in a report issued on Tuesday. National Bank Financial analyst D. Demarco now expects that the company will earn $0.00 per share for the quarter, down from their prior forecast of $0.01. National Bank Financial currently has a “Outperform” rating and a $6.00 price objective on the stock. National Bank Financial also issued estimates for B2Gold Corp.’s FY2017 earnings at $0.05 EPS.
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Several other research firms have also commented on BTO. Scotiabank reiterated an “outperform” rating and set a C$4.75 price objective on shares of B2Gold Corp. in a research report on Tuesday, September 26th. Canaccord Genuity raised their target price on shares of B2Gold Corp. from C$5.00 to C$5.50 in a report on Friday, September 29th. BMO Capital Markets restated an “outperform” rating and issued a C$5.00 target price on shares of B2Gold Corp. in a report on Thursday, July 20th. Finally, Eight Capital set a C$4.50 target price on shares of B2Gold Corp. and gave the stock a “buy” rating in a report on Monday, September 25th. Seven research analysts have rated the stock with a buy rating, The company currently has a consensus rating of “Buy” and an average target price of C$5.16.
Shares of B2Gold Corp. (BTO) opened at 3.24 on Thursday. The company has a market capitalization of $3.17 billion and a P/E ratio of 54.92. The stock’s 50 day moving average is $3.39 and its 200-day moving average is $3.42. B2Gold Corp. has a 12-month low of $2.69 and a 12-month high of $4.64.
In related news, insider Roger Richer sold 35,367 shares of the business’s stock in a transaction on Wednesday, August 30th. The shares were sold at an average price of C$3.40, for a total value of C$120,247.80. Also, Director Clive Thomas Johnson purchased 100,000 shares of the business’s stock in a transaction that occurred on Friday, August 11th. The stock was bought at an average cost of C$3.22 per share, with a total value of C$322,000.00. Over the last quarter, insiders purchased 232,051 shares of company stock valued at $742,320.
B2Gold Corp. Company Profile
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