In a report released on February 5, Wayne Lam from RBC Capital maintained a Hold rating on B2Gold (BTG – Research Report), with a price target of $4.00. The company’s shares closed yesterday at $2.69.
Lam covers the Basic Materials sector, focusing on stocks such as Torex Gold Resources, IAMGOLD, and Lundin Gold. According to TipRanks, Lam has an average return of -10.3% and a 38.41% success rate on recommended stocks.
In addition to RBC Capital, B2Gold also received a Hold from CIBC’s Anita Soni in a report issued on January 25. However, yesterday, CIBC maintained a Buy rating on B2Gold (NYSE MKT: BTG).
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BTG market cap is currently $3.52B and has a P/E ratio of 10.43.
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B2Gold (BTG) Company Description:
B2Gold Corp. is an exploration company. The firm engages in the acquisition and development of mineral properties. It operates through the following segments: Fekola Mine, Otjikoto Mine, Masbate Mine, Libertad Mine and Limon Mine. The company was founded by Mark Anthony Corra, Thomas A. Garagan, Clive Thomas Johnson and Roger Thomas Richer on November 30, 2006 and is headquartered in Vancouver, Canada.
Read More on BTG:
- B2Gold announces drilling results from Antelope Deposit at Otjikoto Mine
- B2Gold Announces Positive Exploration Drilling Results from the Antelope Deposit at the Otjikoto Mine in Namibia, Highlighting the Potential to Expand Underground Gold Production through the Early 2030’s
- B2Gold price target lowered to C$6.50 from C$7 at Stifel
- B2Gold downgraded to Neutral from Outperformer at CIBC
- B2Gold price target lowered to C$6.50 from C$7.50 at BMO Capital
