B2gold Corp. (TSE:BTO) price target raised to $4.75, reported today by Scotia Capital
- Updated: September 28, 2016
Scotia Capital raised the target price of B2gold Corp. (TSE:BTO) to $4.75 reporting a possible upside of 0.43%.
Previously on 9/20/2016, Dundee Securities released a statement about B2gold Corp. (TSE:BTO) increased the target price from $4.25 to $4.50. At the time, this indicated a possible upside of 0.19%.
Having a price of $3.33, B2gold Corp. (TSE:BTO) traded 1.18% higher on the day. With the last closing price up 9.88% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. The company has recorded a 50-day moving average of $3.88 and a 200-day moving average of $3.11. 10,671,404 shares of the stock were exchanged, up from an avg. volume of 6,413,510
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B2gold Corp. has 52 week low of $0.86 and a 52 week high of $4.74 and has a total market value of $0.
In addition to Scotia Capital reporting its target price, a total of 15 analysts have released a report on BTO. The one year target is $3.30 with two firms rating the stock a strong buy, 10 brokers rating the stock a buy, three equity analysts rating the company a hold, 0 firms rating the stock a underperform, and lastly zero brokerages rating the stock a sell.
General Information About B2gold Corp. (TSE:BTO)
B2Gold Corp. (B2Gold) is a Canada-based gold producer with approximately four operating mines and one mine under construction. The Company has a portfolio of other evaluation and exploration projects in various countries, including Mali, Colombia, Burkina Faso, Finland, Chile and Nicaragua. Its material mineral properties consist of three mines and one mine under construction: Otjikoto mine, an open pit gold mine located approximately 300 kilometers north of Windhoek, the capital of Namibia (Otjikoto Mine); Masbate mine, an open pit gold mine, located near the northern tip of the island of Masbate, over 360 kilometers south-east of Manila (Masbate Gold Project); La Libertad mine, an open pit gold mine located over 110 kilometers due east of Managua and 32 kilometers northeast of Juigalpa, Nicaragua (La Libertad Mine), and Fekola gold project, an open pit gold mine under construction located approximately 40 kilometers south of the city of Kenieba, Mali (Fekola Project).
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