B2Gold (TSE:BTO) Upgraded by Canadian Imperial Bank of Commerce to “Strong-Buy” Rating

B2Gold (TSE:BTO) (NYSE:BTG) was upgraded by investment analysts at Canadian Imperial Bank of Commerce from a “hold” rating to a “strong-buy” rating in a note issued to investors on Monday,Zacks.com reports.

Several other research analysts also recently weighed in on BTO. Scotia upgraded B2Gold from a “sector perform” rating to a “sector outperform” rating and set a C$10.00 price target for the company in a research note on Monday. ATB Cormark Capital Markets raised shares of B2Gold from a “hold” rating to a “moderate buy” rating and upped their price objective for the company from C$6.50 to C$11.00 in a report on Monday. Scotiabank upgraded shares of B2Gold from a “hold” rating to a “strong-buy” rating in a research report on Monday. National Bank Financial reduced their target price on shares of B2Gold from C$10.70 to C$9.75 and set an “outperform” rating for the company in a research note on Tuesday, July 14th. Finally, TD raised shares of B2Gold from a “hold” rating to a “buy” rating and boosted their price target for the company from C$6.00 to C$8.50 in a research report on Monday. Three investment analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, B2Gold currently has an average rating of “Buy” and a consensus target price of C$9.33.

B2Gold Price Performance

B2Gold stock opened at C$7.05 on Monday. The business’s 50 day simple moving average is C$5.70 and its 200 day simple moving average is C$6.43. B2Gold has a 12 month low of C$4.99 and a 12 month high of C$8.60. The company has a market cap of C$9.31 billion, a price-to-earnings ratio of 12.59, a PEG ratio of -0.27 and a beta of 1.74. The company has a current ratio of 1.58, a quick ratio of 3.33 and a debt-to-equity ratio of 11.48.

B2Gold (TSE:BTO) (NYSE:BTG) last released its earnings results on Thursday, August 6th. The company reported C$0.04 earnings per share (EPS) for the quarter. The business had revenue of C$1.12 billion during the quarter. B2Gold had a return on equity of 21.87% and a net margin of 21.20%. Sell-side analysts forecast that B2Gold will post 0.5596659 EPS for the current year.

Insiders Place Their Bets

In other B2Gold news, insider William Lytle sold 14,089 shares of the firm’s stock in a transaction dated Friday, July 3rd. The stock was sold at an average price of C$5.88, for a total value of C$82,843.32. Following the completion of the transaction, the insider owned 218,475 shares in the company, valued at C$1,284,633. This trade represents a 6.06% decrease in their position. Also, insider Randall Chatwin sold 67,857 shares of B2Gold stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of C$6.33, for a total value of C$429,534.81. Following the transaction, the insider directly owned 130,043 shares of the company’s stock, valued at C$823,172.19. The trade was a 34.29% decrease in their position. Insiders have sold 227,252 shares of company stock worth $1,401,375 over the last quarter. Insiders own 0.66% of the company’s stock.

B2Gold News Summary

Here are the key news stories impacting B2Gold this week:

• Positive Sentiment: Mali project receives approval: B2Gold reportedly received the “green light” for its Mali operations, a potentially important catalyst that reduces regulatory uncertainty and supports the company’s operating outlook. B2Gold up 22% as it receives green light for Mali
• Positive Sentiment: TD Securities raised its view: TD upgraded B2Gold from “hold” to “buy” and increased its price target to C$8.50 from C$6.00, implying roughly 21% upside from the cited C$7.04 price. A subsequent update also listed TD’s rating as “strong-buy.” BayStreet analyst ratings
• Positive Sentiment: Scotiabank became more bullish: Scotia upgraded B2Gold from “sector perform” to “sector outperform” and set a C$10.00 target, representing approximately 42% upside from the cited price. The bank was also reported as moving from “hold” to “strong-buy.” BayStreet analyst ratings
• Positive Sentiment: ATB Cormark raised its target sharply: The firm upgraded B2Gold from “hold” to “moderate buy” and lifted its target to C$11.00 from C$6.50, implying about 56% upside from the cited C$7.05 price. BayStreet analyst ratings
• Neutral Sentiment: The analyst revisions strengthen the near-term outlook, but price targets are estimates and the stock remains sensitive to gold prices, Mali execution and regulatory developments. Canadian Analyst Updates: August 10th, 2026

B2Gold Company Profile

B2Gold is a responsible international gold producer headquartered in Vancouver, Canada. Founded in 2007, today, B2Gold has operating gold mines in Canada, Mali, Namibia and the Philippines, and numerous development and exploration projects in various countries.