BMO Capital resumed coverage of B2Gold with an Outperform rating and price target of C$7.50, up from C$7, following the closing of the acquisition of Sabina Gold & Silver. The analyst views the transaction as modestly accretive and expects B2Gold to benefit from the increased diversification and inclusion of a "Tier-1" mining jurisdiction in its portfolio.
Published first on TheFly
See Insiders’ Hot Stocks on TipRanks >>
Read More on BTG:
- B2Gold completes acquisition of Sabina Gold & Silver
- B2Gold Completes Acquisition of Sabina Gold & Silver Corp.
- B2Gold price target raised to C$7.25 from C$6.50 at National Bank
- B2Gold First Quarter 2023 Financial Results – Conference Call and Webcast Details
- B2Gold price target raised to C$8 from C$7.50 at Scotiabank