B2Gold (TSE:BTO) PT Raised to C$7.50

B2Gold (TSE:BTO) (NYSE:BTG) had its price objective lifted by investment analysts at Canaccord Genuity Group from C$7.25 to C$7.50 in a research report issued on Tuesday, BayStreet.CA reports. Canaccord Genuity Group’s price target would suggest a potential upside of 116.14% from the company’s current price.

A number of other analysts also recently issued reports on BTO. Stifel Nicolaus dropped their target price on shares of B2Gold from C$6.50 to C$6.00 in a research report on Friday, April 19th. Scotiabank dropped their target price on shares of B2Gold from C$6.50 to C$5.50 and set an “outperform” rating for the company in a research report on Monday, March 18th. CIBC dropped their target price on shares of B2Gold from C$3.60 to C$3.40 and set an “outperform” rating for the company in a research report on Wednesday, February 7th. Eight Capital dropped their target price on shares of B2Gold from C$7.25 to C$7.00 and set a “buy” rating for the company in a research report on Monday. Finally, National Bankshares dropped their target price on shares of B2Gold from C$5.50 to C$5.25 and set an “outperform” rating for the company in a research report on Tuesday, February 27th. Eight research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of C$6.10.

B2Gold Trading Down 0.9 %

Shares of BTO stock opened at C$3.47 on Tuesday. The firm has a market cap of C$4.51 billion, a P/E ratio of 347.00, a PEG ratio of -0.27 and a beta of 1.13. B2Gold has a 1-year low of C$3.18 and a 1-year high of C$5.74. The company has a debt-to-equity ratio of 4.91, a current ratio of 2.27 and a quick ratio of 3.33. The firm’s 50-day simple moving average is C$3.54 and its 200-day simple moving average is C$3.94.

B2Gold (TSE:BTO) (NYSE:BTG) last announced its quarterly earnings data on Wednesday, February 21st. The company reported C$0.10 earnings per share for the quarter, missing the consensus estimate 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%. As a group, equities analysts forecast that B2Gold will post 0.3116987 EPS for the current year.

Insider Buying and Selling at B2Gold

In other B2Gold news, Senior Officer Eduard Bartz sold 12,510 shares of the stock in a transaction that occurred on Monday, April 8th. The shares were sold at an average price of C$3.93, for a total value of C$49,164.30. In other news, Senior Officer Eduard Bartz sold 12,510 shares of the stock in a transaction that occurred on Monday, April 8th. The stock was sold at an average price of C$3.93, for a total transaction of C$49,164.30. Also, Senior Officer Neil Reeder sold 15,279 shares of the stock in a transaction that occurred on Thursday, April 4th. The shares were sold at an average price of C$3.75, for a total value of C$57,296.25. Insiders sold 205,857 shares of company stock valued at $789,779 over the last 90 days. 0.83% of the stock is owned by corporate 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.