B2Gold Corp (NYSEAMERICAN:BTG) (TSE:BTO) – Clarus Securities cut their FY2018 earnings per share estimates for B2Gold in a research note issued to investors on Friday. Clarus Securities analyst J. Spratt now anticipates that the basic materials company will post earnings per share of $0.31 for the year, down from their prior forecast of $0.35.

BTG has been the subject of several other reports. National Bank Financial raised B2Gold from a “sector perform market weight” rating to an “outperform market weight” rating in a research note on Monday, September 25th. BidaskClub raised B2Gold from a “sell” rating to a “hold” rating in a research note on Tuesday, November 7th. Finally, Zacks Investment Research cut B2Gold from a “buy” rating to a “hold” rating in a research note on Thursday, October 12th. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of $3.63.

B2Gold (NYSEAMERICAN:BTG) traded up $0.13 during mid-day trading on Monday, hitting $3.07. The company had a trading volume of 6,114,700 shares, compared to its average volume of 5,174,378. The stock has a market cap of $2,880.00, a P/E ratio of 76.75 and a beta of 0.89. B2Gold has a 52-week low of $2.15 and a 52-week high of $3.55.

Large investors have recently added to or reduced their stakes in the company. BlueCrest Capital Management Ltd acquired a new position in shares of B2Gold during the 2nd quarter worth about $112,000. Alliancebernstein L.P. purchased a new stake in shares of B2Gold in the 2nd quarter valued at about $124,000. ARP Americas LLC lifted its holdings in shares of B2Gold by 63.7% in the 3rd quarter. ARP Americas LLC now owns 69,666 shares of the basic materials company’s stock valued at $192,000 after purchasing an additional 27,100 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in shares of B2Gold by 18.0% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 70,650 shares of the basic materials company’s stock valued at $199,000 after purchasing an additional 10,800 shares during the last quarter. Finally, Comerica Bank purchased a new stake in shares of B2Gold in the 2nd quarter valued at about $284,000.

COPYRIGHT VIOLATION NOTICE: This report was originally posted by The Cerbat Gem and is owned by of The Cerbat Gem. If you are viewing this report on another publication, it was illegally copied and republished in violation of U.S. and international trademark and copyright laws. The original version of this report can be accessed at https://www.thecerbatgem.com/2018/01/15/fy2018-eps-estimates-for-b2gold-corp-btg-lowered-by-clarus-securities.html.

About B2Gold

Earnings History and Estimates for B2Gold (NYSEAMERICAN:BTG)

Receive News & Stock Ratings for B2Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for B2Gold and related stocks with our FREE daily email newsletter.