B2Gold (TSE:BTO) Price Target Lowered to C$6.00 at Stifel Nicolaus

B2Gold (TSE:BTO) (NYSE:BTG) had its target price dropped by research analysts at Stifel Nicolaus from C$6.50 to C$6.00 in a research report issued on Friday, BayStreet.CA reports. Stifel Nicolaus’ price target would suggest a potential upside of 67.13% from the stock’s current price.

Several other equities research analysts have also weighed in on the stock. Scotiabank dropped their price objective on shares of B2Gold from C$6.50 to C$5.50 and set an “outperform” rating on the stock in a research note on Monday, March 18th. Canaccord Genuity Group cut their target price on B2Gold from C$8.00 to C$7.25 and set a “buy” rating on the stock in a research note on Thursday, January 25th. CIBC reduced their price target on shares of B2Gold from C$3.60 to C$3.40 and set an “outperform” rating for the company in a report on Wednesday, February 7th. National Bankshares dropped their price objective on shares of B2Gold from C$5.50 to C$5.25 and set an “outperform” rating on the stock in a report on Tuesday, February 27th. Finally, BMO Capital Markets reduced their target price on shares of B2Gold from C$6.50 to C$6.00 and set an “outperform” rating for the company in a research note on Tuesday, March 19th. Seven investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of C$5.97.

B2Gold Stock Down 0.8 %

Shares of TSE BTO traded down C$0.03 during trading on Friday, reaching C$3.59. 2,513,510 shares of the stock were exchanged, compared to its average volume of 3,672,019. The company has a market capitalization of C$4.67 billion, a price-to-earnings ratio of 360.00, a price-to-earnings-growth ratio of -0.27 and a beta of 1.13. The business’s 50-day moving average price is C$3.54 and its 200 day moving average price is C$3.95. The company has a quick ratio of 3.33, a current ratio of 2.27 and a debt-to-equity ratio of 4.91. B2Gold has a twelve month low of C$3.18 and a twelve month high of C$5.74.

B2Gold (TSE:BTO) (NYSE:BTG) last announced its quarterly earnings data on Wednesday, February 21st. The company reported C$0.10 earnings per share for the quarter, missing the consensus estimate of C$0.11 by C($0.01). B2Gold had a return on equity of 1.18% and a net margin of 0.52%. The company had revenue of C$697.07 million for the quarter. As a group, equities analysts forecast that B2Gold will post 0.3116987 EPS for the current fiscal year.

Insider Activity

In other B2Gold news, Senior Officer Eduard Bartz sold 12,510 shares of the company’s stock in a transaction dated Monday, April 8th. The stock was sold at an average price of C$3.93, for a total value of C$49,164.30. In other B2Gold news, Senior Officer Eduard Bartz sold 12,510 shares of the business’s stock in a transaction that occurred on Monday, April 8th. The shares were sold at an average price of C$3.93, for a total value of C$49,164.30. Also, Director Clive Thomas Johnson sold 91,552 shares of the firm’s stock in a transaction on Thursday, April 4th. The shares were sold at an average price of C$3.75, for a total transaction of C$343,320.00. Insiders have sold a total of 205,857 shares of company stock worth $789,779 in the last ninety days. Corporate insiders own 0.83% of the company’s stock.

About B2Gold

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.