Is B2Gold Corp.’s Fuel Running Low? The Stock Just Declined Again

 Is B2Gold Corp.'s Fuel Running Low? The Stock Just Declined Again

The stock of B2Gold Corp. (TSE:BTO) is a huge mover today! About 3.01 million shares traded hands. B2Gold Corp. (TSE:BTO) has risen 46.76% since April 8, 2016 and is uptrending. It has outperformed by 41.78% the S&P500.
The move comes after 8 months negative chart setup for the $2.63 billion company. It was reported on Nov, 14 by Barchart.com. We have $2.82 PT which if reached, will make TSE:BTO worth $210.40 million less.

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 31.05% above today’s ($3.06) stock price. B2gold Corp. has been the topic of 19 analyst reports since August 18, 2015 according to StockzIntelligence Inc. The stock of B2Gold Corp. (TSE:BTO) has “Outperform” rating given on Friday, November 4 by Scotia Capital. The firm has “Buy” rating given on Friday, November 4 by TD Securities. Dundee Securities reinitiated it with “Buy” rating and $1.80 target price in Thursday, February 4 report. Scotia Capital maintained B2Gold Corp. (TSE:BTO) rating on Friday, October 21. Scotia Capital has “Outperform” rating and $4.75 price target. The rating was initiated by JP Morgan on Thursday, February 4 with “Overweight”. The stock has “Buy” rating given by Dundee Securities on Tuesday, September 20. The rating was maintained by RBC Capital Markets on Monday, August 24 with “Outperform”. The firm has “Outperform” rating given on Friday, October 14 by Scotia Capital. B2Gold Corp. maintained B2Gold Corp. (TSE:BTO) rating on Wednesday, October 19. B2Gold Corp. has “Outperform” rating and $4.75 price target.

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 $2.63 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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