B2Gold Corp. (TSE:BTO) (NYSE:BTG)‘s stock had its “outperform” rating reiterated by equities research analysts at Royal Bank of Canada in a research note issued on Friday. They currently have a C$5.00 price objective on the stock. Royal Bank of Canada’s price target suggests a potential upside of 40.06% from the stock’s current price.
BTO has been the topic of a number of other research reports. Raymond James Financial, Inc. set a C$5.30 target price on shares of B2Gold Corp. and gave the company an “outperform” rating in a report on Thursday, March 16th. TD Securities boosted their target price on shares of B2Gold Corp. from C$5.00 to C$5.50 and gave the company a “buy” rating in a report on Monday, March 20th. BMO Capital Markets set a C$5.00 target price on shares of B2Gold Corp. and gave the company an “outperform” rating in a report on Monday, April 3rd. Finally, Scotiabank reissued an “outperform” rating and set a C$5.00 target price on shares of B2Gold Corp. in a report on Friday, April 21st. Two research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. The stock currently has an average rating of “Buy” and an average target price of C$4.94.
Shares of B2Gold Corp. (TSE:BTO) traded up 0.84% on Friday, reaching $3.60. 586,448 shares of the company traded hands. B2Gold Corp. has a 52-week low of $2.69 and a 52-week high of $4.74. The company has a market capitalization of $3.51 billion and a PE ratio of 180.00. The firm has a 50-day moving average of $3.38 and a 200-day moving average of $3.65.
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In other news, insider John Alex Rajala sold 13,027 shares of the company’s stock in a transaction on Tuesday, April 4th. The shares were sold at an average price of C$3.82, for a total value of C$49,763.14. Also, insider William Lytle sold 22,263 shares of the company’s stock in a transaction on Monday, June 5th. The stock was sold at an average price of C$3.38, for a total transaction of C$75,248.94. In the last ninety days, insiders sold 488,894 shares of company stock worth $1,850,314.
B2Gold Corp. Company Profile
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