B2Gold (TSE:BTO) PT Lowered to C$7.00

B2Gold (TSE:BTO) (NYSE:BTG) had its price objective lowered by stock analysts at Eight Capital from C$7.25 to C$7.00 in a research note issued on Monday, BayStreet.CA reports. The firm presently has a “buy” rating on the stock. Eight Capital’s price target indicates a potential upside of 100.00% from the company’s current price.

Several other analysts have also recently commented on the company. National Bankshares lowered their price target on B2Gold from C$5.50 to C$5.25 and set an “outperform” rating for the company in a report on Tuesday, February 27th. BMO Capital Markets lowered their price target on B2Gold from C$6.50 to C$6.00 and set an “outperform” rating for the company in a report on Tuesday, March 19th. Stifel Nicolaus lowered their price target on B2Gold from C$6.50 to C$6.00 in a report on Friday, April 19th. Scotiabank lowered their price target on B2Gold from C$6.50 to C$5.50 and set an “outperform” rating for the company in a report on Monday, March 18th. Finally, Canaccord Genuity Group decreased their target price on B2Gold from C$8.00 to C$7.25 and set a “buy” rating for the company in a report on Thursday, January 25th. Eight investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of C$6.10.

B2Gold Trading Up 1.4 %

B2Gold stock opened at C$3.50 on Monday. The stock has a market cap of C$4.55 billion, a PE ratio of 350.00, a P/E/G ratio of -0.27 and a beta of 1.13. The stock has a 50-day moving average price of C$3.54 and a 200 day moving average price of C$3.94. B2Gold has a 52 week low of C$3.18 and a 52 week high of C$5.74. The company has a current ratio of 2.27, a quick ratio of 3.33 and a debt-to-equity ratio of 4.91.

B2Gold (TSE:BTO) (NYSE:BTG) last posted its quarterly earnings data on Wednesday, February 21st. The company reported C$0.10 EPS for the quarter, missing analysts’ consensus estimates of C$0.11 by C($0.01). The company had revenue of C$697.07 million for the quarter. B2Gold had a return on equity of 1.18% and a net margin of 0.52%. Equities research analysts predict that B2Gold will post 0.3116987 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, Director Clive Thomas Johnson sold 91,552 shares of the company’s stock in a transaction on Thursday, April 4th. The stock was sold at an average price of C$3.75, for a total transaction of C$343,320.00. In related news, Director Clive Thomas Johnson sold 91,552 shares of the company’s stock in a transaction on Thursday, April 4th. The stock was sold at an average price of C$3.75, for a total transaction of C$343,320.00. Also, Senior Officer Eduard Bartz sold 12,510 shares of the stock in a transaction on Monday, April 8th. The stock was sold at an average price of C$3.93, for a total value of C$49,164.30. Insiders sold a total of 205,857 shares of company stock worth $789,779 in the last three months. 0.83% of the stock is owned by insiders.

About B2Gold

B2Gold Corp. operates as a gold producer company. It operates the Fekola Mine in Mali, the Masbate Mine in the Philippines, and the Otjikoto Mine in Namibia. The company also has an 100% interest in the Gramalote gold project in Colombia; 24% interest in the Calibre Mining Corp.; and approximately 19% interest in BeMetals Corp.