B2Gold Corp. J (BTO) Gets a Buy Rating from Canaccord Genuity


A Wall Street analyst has provided a review for the Materials company on June 2, but retained the same rating on the stock. B2Gold Corp. J (BTO) received a Buy on June 2 from Canaccord Genuity’s analyst Carey MacRury, with a C$5.75 price target.

According to TipRanks.com, MacRury is a 4-star analyst with an average return of 6.7% and a 62.7% success rate. MacRury covers the Basic Materials sector, focusing on stocks such as Wheaton Precious Metals Corp, Osisko Gold Royalties Ltd, and Barrick Gold Corporation.

Read also: Texas Mineral Resources (TMRC): This Rare Earth Metal Play Could See Substantial Upside

The word on The Street in general, suggests a Strong Buy analyst consensus rating for B2Gold Corp. J with a C$5.12 average price target.

B2Gold Corp. J’s market cap is currently C$3.7B and has a P/E ratio of 0. The company has a Price to Book ratio of 1.71.

B2Gold Corp. engages in the acquisition and development of mineral properties. It operates through the following segments: Fekola Mine, Otjikoto Mine, Masbate Mine, Libertad Mine, Limon Mine, Other Mineral Properties, and Corporate and Other.

The company’s shares closed on Wednesday at C$3.84.

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