CIBC analyst Anita Soni reiterated a Hold rating on B2Gold (BTG – Research Report) today and set a price target of $3.40. The company’s shares opened today at $2.65.
Soni covers the Basic Materials sector, focusing on stocks such as Newmont Mining, Equinox Gold, and Agnico Eagle. According to TipRanks, Soni has an average return of 2.8% and a 48.24% success rate on recommended stocks.
Currently, the analyst consensus on B2Gold is a Strong Buy with an average price target of $4.23.
BTG market cap is currently $3.41B and has a P/E ratio of -102.75.
Based on the recent corporate insider activity of 89 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of BTG in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
B2Gold (BTG) Company Description:
B2Gold Corp. is an exploration company. The firm engages in the acquisition and development of mineral properties. It operates through the following segments: Fekola Mine, Otjikoto Mine, Masbate Mine, Libertad Mine and Limon Mine. The company was founded by Mark Anthony Corra, Thomas A. Garagan, Clive Thomas Johnson and Roger Thomas Richer on November 30, 2006 and is headquartered in Vancouver, Canada.
