A number of other research analysts have also recently weighed in on the stock. Bank of America cut shares of B2Gold from a "buy" rating to an "underperform" rating in a report on Tuesday, January 14th. Stifel Nicolaus boosted their target price on shares of B2Gold from C$6.00 to C$6.50 in a research note on Monday, October 21st. Finally, BMO Capital Markets decreased their price target on shares of B2Gold from C$8.50 to C$7.00 in a research note on Tuesday, January 14th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of C$5.79.
Read Our Latest Stock Report on BTO
Shares of B2Gold stock opened at C$3.56 on Tuesday. The company has a debt-to-equity ratio of 1.05, a current ratio of 2.93 and a quick ratio of 3.33. The firm has a fifty day moving average price of C$3.64 and a 200 day moving average price of C$3.95. B2Gold has a 1 year low of C$3.16 and a 1 year high of C$4.84. The stock has a market cap of C$4.66 billion, a PE ratio of -20.94, a price-to-earnings-growth ratio of -0.27 and a beta of 1.23.
B2Gold (TSE:BTO - Get Free Report) NYSE: BTG last issued its earnings results on Wednesday, November 6th. The company reported C$0.03 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.07 by C($0.04). B2Gold had a negative return on equity of 3.47% and a negative net margin of 7.23%. During the same quarter in the previous year, the firm posted $0.07 EPS. Equities research analysts predict that B2Gold will post 0.5596659 earnings per share for the current year.
In related news, Senior Officer Randall Chatwin acquired 10,153 shares of the stock in a transaction on Thursday, December 19th. The shares were bought at an average price of C$3.51 per share, with a total value of C$35,637.03. 0.66% of the stock is currently owned by corporate insiders.
B2Gold Corp. operates as a gold producer company. It operates the Fekola Mine in Mali, the Masbate Mine in the Philippines, and the Otjikoto Mine in Namibia. The company also has an 100% interest in the Gramalote gold project in Colombia; 24% interest in the Calibre Mining Corp.; and approximately 19% interest in BeMetals Corp.
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider B2Gold, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and B2Gold wasn't on the list.
While B2Gold currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.