In a report released on October 11, Josh Wolfson from RBC Capital maintained a Hold rating on B2Gold (BTG – Research Report), with a price target of $5.50. The company’s shares closed yesterday at $3.10.
Wolfson covers the Basic Materials sector, focusing on stocks such as Newmont Mining, Gold Fields, and Anglogold Ashanti. According to TipRanks, Wolfson has an average return of -3.1% and a 40.71% success rate on recommended stocks.
Currently, the analyst consensus on B2Gold is a Strong Buy with an average price target of $5.89.
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The company has a one-year high of $4.96 and a one-year low of $2.81. Currently, B2Gold has an average volume of 10.88M.
Based on the recent corporate insider activity of 86 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of BTG in relation to earlier this year.
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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 Completes Acquisition of Oklo Resources Limited and its Extensive Land Package near the Fekola Mine
- B2Gold upgraded to Action List Buy on low multiples at TD Securities
- B2Gold upgraded to Action List Buy from Buy at TD Securities
- B2Gold declares 4c per share quarterly cash dividend
- B2Gold Declares Third Quarter 2022 Dividend of $0.04 per Share