Cormark Weighs in on B2Gold Corp.’s Q3 2017 Earnings (BTO)
B2Gold Corp. (TSE:BTO) (NYSE:BTG) – Cormark boosted their Q3 2017 EPS estimates for B2Gold Corp. in a report released on Tuesday. Cormark analyst R. Gray now anticipates that the company will post earnings per share of $0.00 for the quarter, up from their prior forecast of ($0.01).
A number of other brokerages have also recently weighed in on BTO. Scotiabank set a C$5.00 price target on B2Gold Corp. and gave the stock an “outperform” rating in a research report on Tuesday, June 20th. BMO Capital Markets reissued an “outperform” rating and issued a C$5.00 price objective on shares of B2Gold Corp. in a report on Thursday, July 20th. Canaccord Genuity increased their price objective on B2Gold Corp. from C$5.00 to C$5.50 in a report on Friday. National Bank Financial increased their price objective on B2Gold Corp. from C$5.00 to C$6.00 and gave the stock an “outperform” rating in a report on Tuesday, September 26th. Finally, Eight Capital set a C$4.50 price objective on B2Gold Corp. and gave the stock a “buy” rating in a report on Monday, September 25th. Seven analysts have rated the stock with a buy rating, B2Gold Corp. currently has an average rating of “Buy” and an average price target of C$5.16.
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Shares of B2Gold Corp. (TSE BTO) opened at 3.44 on Friday. The stock has a market capitalization of $3.37 billion and a P/E ratio of 58.31. B2Gold Corp. has a 1-year low of $2.69 and a 1-year high of $4.64. The company has a 50 day moving average price of $3.24 and a 200-day moving average price of $3.50.
In other B2Gold Corp. news, insider Dale Alton Craig sold 30,000 shares of the stock in a transaction on Friday, September 1st. The stock was sold at an average price of C$3.40, for a total transaction of C$102,000.00. Also, Director Clive Thomas Johnson purchased 100,000 shares of the firm’s stock in a transaction on Friday, August 11th. The shares were purchased at an average cost of C$3.22 per share, with a total value of C$322,000.00. Over the last three months, insiders purchased 232,051 shares of company stock valued at $742,320 and sold 168,067 shares valued at $579,248.
B2Gold Corp. Company Profile
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