B2Gold Corp. (TSE:BTO) (NYSE:BTG) had its price objective cut by equities researchers at Scotiabank from C$5.00 to C$4.75 in a report issued on Tuesday, August 1st. The firm currently has an “outperform” rating on the stock. Scotiabank’s target price indicates a potential upside of 45.26% from the stock’s current price.
A number of other equities analysts have also recently issued reports on BTO. BMO Capital Markets set a C$5.00 target price on B2Gold Corp. and gave the stock an “outperform” rating in a report on Monday, April 3rd. Raymond James Financial, Inc. reaffirmed an “outperform” rating and issued a C$5.00 target price on shares of B2Gold Corp. in a report on Thursday, April 20th. Royal Bank Of Canada reissued an “outperform” rating and issued a C$5.00 price target on shares of B2Gold Corp. in a research note on Friday, June 16th. Finally, TD Securities reissued a “buy” rating and issued a C$5.50 price target on shares of B2Gold Corp. in a research note on Friday, May 5th. Six investment analysts have rated the stock with a buy rating, The stock presently has an average rating of “Buy” and a consensus price target of C$4.96.
B2Gold Corp. (TSE BTO) traded down 1.83% during trading on Tuesday, reaching $3.21. 2,043,301 shares of the company’s stock traded hands. B2Gold Corp. has a 12 month low of $2.69 and a 12 month high of $4.64. The stock has a market capitalization of $3.14 billion and a P/E ratio of 54.41. The company has a 50-day moving average of $3.43 and a 200 day moving average of $3.69.
In other news, Director Bongani Mtshisi sold 33,000 shares of the stock in a transaction that occurred on Tuesday, June 20th. The stock was sold at an average price of C$3.70, for a total value of C$122,100.00. Also, insider William Lytle sold 22,263 shares of the stock in a transaction that occurred on Monday, June 5th. The shares were sold at an average price of C$3.38, for a total value of C$75,248.94. In the last quarter, insiders sold 362,241 shares of company stock worth $1,341,703.
B2Gold Corp. Company Profile
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