B2Gold Corp. (BTO) Receives Outperform Rating from Scotiabank

Scotiabank reissued their outperform rating on shares of B2Gold Corp. (TSE:BTO) (NYSE:BTG) in a research report report published on Friday morning. Scotiabank currently has a C$5.00 price objective on the stock.

BTO has been the topic of several other reports. Royal Bank of Canada boosted their target price on B2Gold Corp. from C$4.50 to C$5.00 and gave the stock an outperform rating in a report on Tuesday, February 7th. TD Securities boosted their target price on B2Gold Corp. from C$4.75 to C$5.00 and gave the stock a buy rating in a report on Tuesday, February 7th. Raymond James Financial, Inc. restated an outperform rating and set a C$4.00 target price on shares of B2Gold Corp. in a report on Monday, February 6th. Canaccord Genuity boosted their target price on B2Gold Corp. from C$4.50 to C$5.00 in a report on Friday, February 3rd. Finally, 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. Two research analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. B2Gold Corp. presently has an average rating of Buy and an average price target of C$4.94.

Analyst Recommendations for B2Gold Corp. (TSE:BTO)

Shares of B2Gold Corp. (TSE:BTO) traded down 2.17% during mid-day trading on Friday, reaching $3.60. The company’s stock had a trading volume of 2,746,201 shares. The stock has a market cap of $3.50 billion and a P/E ratio of 90.00. The stock has a 50 day moving average of $3.86 and a 200-day moving average of $3.66. B2Gold Corp. has a one year low of $2.28 and a one year high of $4.74.

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In related news, insider Dale Alton Craig sold 80,000 shares of the company’s stock in a transaction that occurred on Thursday, April 13th. The stock was sold at an average price of C$3.86, for a total value of C$308,800.00. Also, insider Eduard Bartz sold 99,000 shares of the company’s stock in a transaction that occurred on Monday, April 10th. The shares were sold at an average price of C$3.66, for a total value of C$362,340.00. Insiders sold 460,353 shares of company stock worth $1,753,971 over the last quarter.

B2Gold Corp. Company Profile

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