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Scotiabank Sticks to Its Buy Rating for B2Gold (BTG)
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Scotiabank Sticks to Its Buy Rating for B2Gold (BTG)

In a report released today, Ovais Habib from Scotiabank maintained a Buy rating on B2Gold (BTGResearch Report), with a price target of C$6.50. The company’s shares closed last Friday at $2.52.

According to TipRanks, Habib is an analyst with an average return of -3.2% and a 36.64% success rate. Habib covers the Basic Materials sector, focusing on stocks such as Pan American Silver, SSR Mining, and B2Gold.

In addition to Scotiabank, B2Gold also received a Buy from Raymond James’s Farooq Hamed in a report issued on February 14. However, on February 13, RBC Capital maintained a Hold rating on B2Gold (NYSE MKT: BTG).

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BTG market cap is currently $3.26B and has a P/E ratio of 9.78.

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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.

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