B2Gold (BTO) Trading Up -2.2%

B2Gold Corp. (TSE:BTO) (NYSE:BTG)’s share price was up 2.2% during trading on Wednesday . The company traded as high as C$3.66 and last traded at C$3.56. Approximately 3,083,297 shares were traded during trading, an increase of 17% from the average daily volume of 2,627,409 shares. The stock had previously closed at C$3.64.

A number of equities analysts recently commented on BTO shares. Scotiabank reaffirmed an “outperform” rating and set a C$4.75 price target on shares of B2Gold in a research note on Thursday, October 12th. Canaccord Genuity boosted their price objective on shares of B2Gold from C$5.00 to C$5.50 in a research report on Friday, September 29th. Eight Capital boosted their price objective on shares of B2Gold from C$4.50 to C$4.75 in a research report on Monday, November 27th. BMO Capital Markets reissued an “outperform” rating and issued a C$5.00 price objective on shares of B2Gold in a research report on Tuesday, December 5th. Finally, National Bank Financial boosted their price objective on shares of B2Gold from C$5.00 to C$6.00 and gave the company an “outperform” rating in a research report on Tuesday, September 26th. Seven investment analysts have rated the stock with a buy rating, B2Gold has an average rating of “Buy” and a consensus price target of C$5.19.

The firm has a market cap of $3,660.00, a P/E ratio of 91.75 and a beta of 0.59.

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