B2Gold (TSE:BTO) Raised to Strong-Buy at Canadian Imperial Bank of Commerce

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

Other equities analysts have also recently issued research reports about the stock. Scotia raised shares of 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. National Bank Financial cut 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 report on Tuesday, July 14th. ATB Cormark Capital Markets raised B2Gold from a “hold” rating to a “moderate buy” rating and increased their target price for the company from C$6.50 to C$11.00 in a research note on Monday. Scotiabank upgraded B2Gold from a “hold” rating to a “strong-buy” rating in a research report on Monday. Finally, TD Securities upgraded B2Gold from a “hold” rating to a “strong-buy” rating in a report on Monday. Three research analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Buy” and an average target price of C$9.33.

B2Gold Price Performance

Shares of TSE BTO opened at C$7.05 on Monday. The stock’s 50-day simple moving average is C$5.70 and its two-hundred day simple moving average is C$6.43. B2Gold has a twelve month low of C$4.99 and a twelve month high of C$8.60. The firm has a market capitalization of C$9.31 billion, a P/E ratio of 12.59, a P/E/G ratio of -0.27 and a beta of 1.74. The company has a quick ratio of 3.33, a current ratio of 1.58 and a debt-to-equity ratio of 11.48.

B2Gold (TSE:BTO) (NYSE:BTG) last issued its quarterly earnings results on Thursday, August 6th. The company reported C$0.04 earnings per share (EPS) for the quarter. B2Gold had a return on equity of 21.87% and a net margin of 21.20%.The firm had revenue of C$1.12 billion during the quarter. As a group, equities analysts anticipate that B2Gold will post 0.5596659 EPS for the current fiscal year.

Insider Buying and Selling

In related news, insider Randall Chatwin sold 22,000 shares of the stock in a transaction on Tuesday, July 7th. The shares were sold at an average price of C$5.70, for a total transaction of C$125,400.00. Following the transaction, the insider owned 119,989 shares of the company’s stock, valued at approximately C$683,937.30. This trade represents a 15.49% decrease in their position. Also, insider Neil Reeder sold 8,482 shares of B2Gold stock in a transaction on Friday, July 3rd. The stock was sold at an average price of C$5.88, for a total transaction of C$49,874.16. Following the completion of the transaction, the insider owned 10,067 shares in the company, valued at approximately C$59,193.96. The trade was a 45.73% decrease in their position. Insiders have sold 227,252 shares of company stock worth $1,401,375 in the last ninety days. 0.66% of the stock is currently owned by insiders.

Key Headlines Impacting B2Gold

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.