B2Gold Corp. (NYSEAMERICAN:BTG) (TSE:BTO)’s stock price traded up 6.5% on Monday . The stock traded as high as $5.08 and last traded at $5.07. 12,131,198 shares were traded during trading, an increase of 47% from the average session volume of 8,241,567 shares. The stock had previously closed at $4.76.
Several analysts have recently weighed in on the stock. Stifel Nicolaus reduced their price objective on shares of B2Gold from $11.00 to $10.75 and set a “buy” rating for the company in a research report on Monday, February 8th. Raymond James set a $8.00 price target on shares of B2Gold and gave the company an “outperform” rating in a research report on Monday, January 25th. JPMorgan Chase & Co. began coverage on shares of B2Gold in a research report on Wednesday, February 10th. They issued a “neutral” rating for the company. Finally, Canaccord Genuity reiterated a “buy” rating and issued a $11.00 price target on shares of B2Gold in a research report on Tuesday, February 16th. Two analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The stock presently has an average rating of “Buy” and an average price target of $10.17.
The company has a debt-to-equity ratio of 0.01, a current ratio of 2.25 and a quick ratio of 1.43. The stock has a market capitalization of $5.33 billion, a P/E ratio of 8.31, a price-to-earnings-growth ratio of 0.45 and a beta of 1.11. The stock’s 50 day simple moving average is $5.61.
About B2Gold (NYSEAMERICAN:BTG)
B2Gold Corp. operates as a gold producer with three operating mines in Mali, the Philippines, and Namibia. It operates the Fekola Mine in Mali, the Masbate Mine in the Philippines, and the Otjikoto Mine in Namibia. The company also has an 81% interest in the Kiaka Project in Burkina Faso. In addition, it has a portfolio of other evaluation and exploration assets in Mali, Burkina Faso, Namibia, Uzbekistan, and Finland.
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