In a report released on February 13, 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 $2.54.
Lam covers the Basic Materials sector, focusing on stocks such as Torex Gold Resources, Argonaut Gold, and IAMGOLD. According to TipRanks, Lam has an average return of -11.6% and a 36.97% success rate on recommended stocks.
B2Gold has an analyst consensus of Strong Buy, with a price target consensus of $4.28.
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BTG market cap is currently $3.2B and has a P/E ratio of 9.50.
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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 price target lowered to $4 from $5 at Raymond James
- B2Gold Fourth Quarter and Full Year 2023 Financial Results – Conference Call Details
- 5 Best Gold Stocks to Buy Now, According to Analysts – February 2024
- 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
