A Wall Street analyst has provided a review for the Materials company on May 13, but retained the same rating on the stock. B2Gold Corp. J (BTO) received a Buy on May 13 from Canaccord Genuity’s analyst Carey MacRury, with a C$5.25 price target.
According to TipRanks.com, MacRury is a 2-star analyst with an average return of 0.4% and a 50.5% 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.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for B2Gold Corp. J with a C$4.95 average price target, representing a 38.7% upside. In a report issued on May 9, Raymond James also maintained a Buy rating on the stock with a C$4.50 price target.
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Based on B2Gold Corp. J’s latest earnings release for the quarter ending March 31, the company reported a quarterly net profit of C$29.64 million. In comparison, last year the company had a net profit of C$71.44 million.
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 Thursday at C$3.57.
