B2Gold (BTO) Price Target Raised to C$6.00 at TD Securities
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.
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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