B2Gold Corp. (BTO) Rating Reiterated by Scotiabank
B2Gold Corp. (TSE:BTO) (NYSE:BTG)‘s stock had its “outperform” rating reaffirmed by analysts at Scotiabank in a note issued to investors on Thursday. They currently have a C$4.75 target price on the stock. Scotiabank’s price target suggests a potential upside of 38.89% from the stock’s current price.
BTO has been the topic of a number of other research reports. Royal Bank Of Canada reissued an “outperform” rating and set a C$5.00 price objective on shares of B2Gold Corp. in a report on Friday, June 16th. National Bank Financial reissued a “sector perform market weight” rating on shares of B2Gold Corp. in a report on Monday, July 31st. Eight Capital set a C$4.50 price objective on shares of B2Gold Corp. and gave the stock a “buy” rating in a report on Monday, September 25th. Canaccord Genuity raised their price objective on shares of B2Gold Corp. from C$5.00 to C$5.50 in a report on Friday, September 29th. Finally, BMO Capital Markets reissued an “outperform” rating and set a C$5.00 price objective on shares of B2Gold Corp. in a report on Friday, June 16th. Seven research analysts have rated the stock with a buy rating, The stock currently has a consensus rating of “Buy” and an average price target of C$5.16.
Shares of B2Gold Corp. (TSE BTO) traded down 0.87% on Thursday, reaching $3.42. 1,749,568 shares of the company’s stock were exchanged. B2Gold Corp. has a one year low of $2.69 and a one year high of $4.64. The firm has a market capitalization of $3.35 billion and a P/E ratio of 57.97. The firm has a 50 day moving average of $3.38 and a 200 day moving average of $3.45.
In other news, insider William Lytle acquired 32,051 shares of the stock in a transaction that occurred on Wednesday, August 16th. The shares were purchased at an average cost of C$3.13 per share, for a total transaction of C$100,319.63. Also, insider Dale Alton Craig sold 30,000 shares of B2Gold Corp. stock in a transaction on Friday, September 1st. The shares were sold at an average price of C$3.40, for a total transaction of C$102,000.00. Insiders bought a total of 232,051 shares of company stock worth $742,320 over the last ninety days.
About B2Gold Corp.
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