B2Gold (TSE:BTO – Get Rating) (NYSE:BTG) had its price target lowered by equities researchers at Stifel Nicolaus from C$7.25 to C$7.00 in a research report issued on Wednesday, BayStreet.CA reports. Stifel Nicolaus’ price objective would indicate a potential upside of 51.19% from the company’s current price.
Several other research analysts have also recently weighed in on the company. National Bankshares reduced their price target on B2Gold from C$7.00 to C$6.75 and set an “outperform” rating for the company in a research report on Friday, November 4th. Canaccord Genuity Group cut their target price on shares of B2Gold from C$7.75 to C$7.25 in a report on Thursday, October 20th. M Partners reissued a “buy” rating on shares of B2Gold in a report on Tuesday, November 1st. Finally, TD Securities raised shares of B2Gold from a “buy” rating to an “action list buy” rating and set a C$9.00 price objective for the company in a report on Monday, September 12th. One equities research analyst has rated the stock with a sell rating, six have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, B2Gold currently has a consensus rating of “Moderate Buy” and an average price target of C$7.53.
B2Gold Stock Performance
TSE:BTO traded down C$0.02 during mid-day trading on Wednesday, hitting C$4.63. The company’s stock had a trading volume of 1,205,350 shares, compared to its average volume of 3,128,087. The business’s fifty day moving average is C$4.33 and its two-hundred day moving average is C$4.51. The stock has a market cap of C$4.98 billion and a price-to-earnings ratio of 16.03. B2Gold has a 1 year low of C$3.84 and a 1 year high of C$6.39. The company has a debt-to-equity ratio of 2.10, a current ratio of 5.21 and a quick ratio of 3.33.
Insider Buying and Selling
In other B2Gold news, Senior Officer Peter Dominic Montano sold 12,394 shares of B2Gold stock in a transaction on Thursday, November 17th. The shares were sold at an average price of C$4.44, for a total transaction of C$55,029.36. In other B2Gold news, Senior Officer Peter Dominic Montano sold 12,394 shares of the stock in a transaction dated Thursday, November 17th. The shares were sold at an average price of C$4.44, for a total value of C$55,029.36. Also, Senior Officer Randall Chatwin sold 13,891 shares of the business’s stock in a transaction that occurred on Wednesday, September 14th. The stock was sold at an average price of C$4.48, for a total value of C$62,231.68. Following the transaction, the insider now owns 31,165 shares in the company, valued at C$139,619.20.
B2Gold Company Profile
B2Gold Corp. operates as a gold producer with three operating mines in Mali, the Philippines, and Namibia. It operates the Fekola Mine in Mali, the Masbate Mine in the Philippines, and the Otjikoto Mine in Namibia. The company also has an 25% interest in the Calibre Mining Corp.; and approximately 19% interest in BeMetals Corp.