What’s in B2Gold Corp. After Today’s Huge Increase?

 What's in B2Gold Corp. After Today's Huge Increase?

The stock of B2Gold Corp. (TSE:BTO) is a huge mover today! About 1.10 million shares traded hands. B2Gold Corp. (TSE:BTO) has risen 77.06% since April 1, 2016 and is uptrending. It has outperformed by 75.11% the S&P500.
The move comes after 9 months positive chart setup for the $3.40 billion company. It was reported on Nov, 8 by Barchart.com. We have $6.12 PT which if reached, will make TSE:BTO worth $2.18 billion more.

B2Gold Corp. (TSE:BTO) Ratings Coverage

Out of 7 analysts covering B2gold Corp. (TSE:BTO), 7 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. $25 is the highest target while $1.80 is the lowest. The $4.01 average target is 7.51% above today’s ($3.73) stock price. B2gold Corp. has been the topic of 19 analyst reports since August 18, 2015 according to StockzIntelligence Inc. The company was maintained on Wednesday, October 19 by B2Gold Corp.. Scotia Capital maintained it with “Outperform” rating and $4.75 target price in Friday, November 4 report. Scotia Capital maintained B2Gold Corp. (TSE:BTO) on Friday, October 14 with “Outperform” rating. The stock of B2Gold Corp. (TSE:BTO) has “Buy” rating given on Tuesday, September 20 by Dundee Securities. The stock of B2Gold Corp. (TSE:BTO) earned “Buy” rating by TD Securities on Friday, November 4. JP Morgan initiated the stock with “Overweight” rating in Thursday, February 4 report. The rating was reinitiated by Dundee Securities with “Buy” on Thursday, February 4. The company was maintained on Friday, October 21 by Scotia Capital. On Monday, August 24 the stock rating was maintained by RBC Capital Markets with “Outperform”.

More news for B2Gold Corp. (TSE:BTO) were recently published by: Reuters.com, which released: “BRIEF-B2Gold Corp qtrly adjusted earnings per share $0.05” on November 03, 2016. Marketwired.com‘s article titled: “B2Gold Corp.: Third Quarter and Year-to-Date 2016 Results – Conference Call” and published on October 28, 2016 is yet another important article.

B2Gold Corp. is a Canada-based gold producer with approximately four operating mines and one mine under construction. The company has a market cap of $3.40 billion. The Firm has a portfolio of other evaluation and exploration projects in various countries, including Mali, Colombia, Burkina Faso, Finland, Chile and Nicaragua. It currently has negative earnings.

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