National Bank Keeps a Buy Rating on B2Gold Corp. J (BTO)


Today, an analyst has provided a rating update for B2Gold Corp. J (BTO). Analyst Don DeMarco from National Bank rated B2Gold Corp. J (BTO) a Buy, setting a C$6.75 price target.

According to TipRanks.com, DeMarco is a 3-star analyst with an average return of 3.2% and a 51.4% success rate. DeMarco covers the Basic Materials sector, focusing on stocks such as Golden Star Resources Ltd, OceanaGold Corporation, and SilverCrest Metals Inc.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for B2Gold Corp. J with a C$5.63 average price target, representing a 51.3% upside. In a report released today, BMO Capital also maintained a Buy rating on the stock with a C$5 price target.

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B2Gold Corp. J’s market cap is currently C$3.73B and has a P/E ratio of 24.2. The company has a Price to Book ratio of 1.74.

B2Gold Corp. engages in the exploration and development of gold mines. It operates through the following segments: Mining Operations, Other Mineral Properties, and Corporate and Other segments. The Mining Operations segment includes the Fekola, Otjikoto, Masbate, Libertad and Limon mines.

The company’s shares closed on Thursday at C$3.72.

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