B2Gold Corp. J (BTO) Gets a Buy Rating from Raymond James


B2Gold Corp. J (BTO), the Materials sector company was revisited today, and remains undervalued for at least one analyst on the street. Analyst Tara Hassan from Raymond James reiterated a Buy rating, with a C$4.50 price target.

According to TipRanks.com, Hassan is a 4-star analyst with an average return of 15.4% and a 61.5% success rate. Hassan covers the Basic Materials sector, focusing on stocks such as Alamos Gold Inc, B2Gold Corp, and SEMAFO Inc.

Currently, the analyst consensus on B2Gold Corp. J is a Strong Buy with an average price target of C$5.92, implying a 49.7% upside from current levels. In a report issued on June 28, National Bank also maintained a Buy rating on the stock with a C$7 price target.

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B2Gold Corp. J’s market cap is currently C$3.99B and has a P/E ratio of 0. The company has a Price to Book ratio of 1.80.

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$3.96.

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