Cormark Weighs in on B2Gold Corp.’s FY2017 Earnings (BTO)

B2Gold Corp. (TSE:BTO) (NYSE:BTG) – Cormark lifted their FY2017 EPS estimates for B2Gold in a research report issued on Wednesday. Cormark analyst R. Gray now anticipates that the company will earn $0.13 per share for the year, up from their previous estimate of $0.11. Cormark also issued estimates for B2Gold’s Q4 2017 earnings at $0.06 EPS, Q4 2018 earnings at $0.06 EPS, Q1 2019 earnings at $0.06 EPS, Q2 2019 earnings at $0.06 EPS, Q3 2019 earnings at $0.06 EPS and Q4 2019 earnings at $0.09 EPS.

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

Shares of B2Gold (BTO) opened at C$3.67 on Thursday. B2Gold has a fifty-two week low of C$2.96 and a fifty-two week high of C$4.64. The company has a market cap of $3,620.00, a price-to-earnings ratio of 91.75 and a beta of 0.59.

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B2Gold Company Profile

Earnings History and Estimates for B2Gold (TSE:BTO)

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