B2Gold (TSE:BTO) (NYSE:BTG) had its price objective raised by TD Securities from C$5.50 to C$6.00 in a report released on Thursday. TD Securities currently has a buy rating on the stock.

A number of other brokerages have also commented on BTO. Cormark dropped their price objective on shares of B2Gold from C$6.00 to C$5.75 in a report on Tuesday, December 4th. Eight Capital lowered their price target on shares of B2Gold from C$5.40 to C$5.00 in a research note on Monday, January 7th. BMO Capital Markets reiterated an outperform rating and issued a C$5.00 price target on shares of B2Gold in a research note on Thursday, January 17th. National Bank Financial lowered their price target on shares of B2Gold from C$7.00 to C$6.75 and set an outperform rating on the stock in a research note on Thursday, January 17th. Finally, Raymond James reiterated an outperform rating and issued a C$4.50 price target on shares of B2Gold in a research note on Thursday. Seven investment analysts have rated the stock with a buy rating, The company has an average rating of Buy and an average price target of C$5.36.

Shares of TSE:BTO opened at C$3.87 on Thursday. B2Gold has a 12 month low of C$2.77 and a 12 month high of C$4.40. The company has a current ratio of 1.27, a quick ratio of 0.79 and a debt-to-equity ratio of 44.21. The firm has a market cap of $3.85 billion and a P/E ratio of 37.94.

In other news, Senior Officer Dale Alton Craig sold 25,000 shares of the business’s stock in a transaction dated Tuesday, January 8th. The shares were sold at an average price of C$3.75, for a total transaction of C$93,750.00. Following the transaction, the insider now directly owns 17,189 shares in the company, valued at approximately C$64,458.75. Also, insider Eduard Bartz sold 125,000 shares of the business’s stock in a transaction dated Friday, December 28th. The stock was sold at an average price of C$3.99, for a total transaction of C$498,250.00. Following the transaction, the insider now owns 8,162 shares in the company, valued at C$32,533.73. Insiders sold a total of 300,000 shares of company stock worth $1,168,000 over the last quarter.

About B2Gold

B2Gold Corp., together with its subsidiaries, engages in the exploration and development of mineral properties in Nicaragua, the Philippines, Mali, Colombia, Burkina Faso, Finland, and Namibia. It primarily explores for gold and silver deposits. The company primarily holds 80% interest in Fekola mine, an open pit gold mine located in Mali; 90% interest in Otjikoto gold mine located north of Windhoek, Namibia; Masbate gold project located in the south-east of Manila, the Philippines; and 95% interest in El Limon mine, an underground gold mine located in northwestern Nicaragua.

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Analyst Recommendations for B2Gold (TSE:BTO)

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