B2Gold (TSE:BTO – Get Free Report) (NYSE:BTG) was upgraded by investment analysts at Raymond James Financial to a “moderate buy” rating in a research note issued to investors on Monday,Zacks.com reports.
A number of other research analysts have also recently issued reports on BTO. BMO Capital Markets decreased their price objective on shares of B2Gold from C$7.00 to C$6.50 in a research note on Monday, March 31st. Cormark upgraded B2Gold from a “hold” rating to a “moderate buy” rating in a report on Tuesday, April 22nd. Scotiabank upgraded B2Gold from a “hold” rating to a “strong-buy” rating in a research note on Monday, April 14th. Finally, Stifel Nicolaus increased their price target on shares of B2Gold from C$6.50 to C$7.50 in a research report on Monday, April 21st. One investment analyst has rated the stock with a sell rating, two have given a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of C$6.11.
Check Out Our Latest Research Report on BTO
B2Gold Price Performance
Insider Transactions at B2Gold
In related news, Director Clive Thomas Johnson sold 99,465 shares of the company’s stock in a transaction on Tuesday, April 8th. The stock was sold at an average price of C$3.79, for a total value of C$376,972.35. Also, Director Jerry Korpan sold 120,000 shares of the stock in a transaction on Monday, April 14th. The stock was sold at an average price of C$4.63, for a total value of C$555,600.00. Insiders have sold a total of 340,842 shares of company stock worth $1,488,273 over the last quarter. Insiders own 0.66% of the company’s stock.
B2Gold Company Profile
B2Gold Corp. operates as a gold producer company. It operates the Fekola Mine in Mali, the Masbate Mine in the Philippines, and the Otjikoto Mine in Namibia. The company also has an 100% interest in the Gramalote gold project in Colombia; 24% interest in the Calibre Mining Corp.; and approximately 19% interest in BeMetals Corp.
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