A number of other equities analysts have also commented on the company. Scotiabank reiterated an outperform rating and issued a C$5.00 price objective on shares of B2Gold in a research note on Monday, May 28th. Royal Bank of Canada dropped their price objective on B2Gold from C$5.00 to C$4.50 and set an outperform rating on the stock in a research note on Tuesday, May 22nd. Canaccord Genuity dropped their price objective on B2Gold from C$7.00 to C$6.50 in a research note on Tuesday, July 24th. Finally, National Bank Financial dropped their price objective on B2Gold from C$7.00 to C$6.50 and set an outperform rating on the stock in a research note on Saturday, July 14th. Six research analysts have rated the stock with a buy rating, The stock has an average rating of Buy and a consensus price target of C$5.38.
B2Gold stock opened at C$2.98 on Friday. B2Gold has a 52 week low of C$2.77 and a 52 week high of C$4.06.
B2Gold (TSE:BTO) (NYSE:BTG) last posted its quarterly earnings data on Tuesday, August 7th. The company reported C$0.06 EPS for the quarter, hitting analysts’ consensus estimates of C$0.06. The business had revenue of C$367.58 million for the quarter, compared to analyst estimates of C$379.21 million. B2Gold had a return on equity of 3.05% and a net margin of 8.04%.
In related news, Director Clive Thomas Johnson sold 150,000 shares of the business’s stock in a transaction dated Friday, July 13th. The stock was sold at an average price of C$3.27, for a total transaction of C$490,500.00. Also, insider William Lytle sold 125,937 shares of the business’s stock in a transaction dated Tuesday, July 3rd. The shares were sold at an average price of C$3.39, for a total value of C$426,926.43. Insiders have sold 374,037 shares of company stock worth $1,131,033 over the last 90 days.
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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