B2Gold Corp. Rating Reiterated by Scotiabank (BTO)

Scotiabank reiterated their focus stock rating on shares of B2Gold Corp. (TSE:BTO) in a research report sent to investors on Monday morning. The firm currently has a C$4.00 price target on the stock.

Scotiabank has also updated their ratings on a number of other stocks in the last week. The firm reiterated its sector outperform rating on shares of Baytex Energy Corp. Also, Scotiabank reiterated its sector outperform rating on shares of Agrium Inc..

BTO has been the subject of a number of other recent research reports. Analysts at CIBC cut their price target on shares of B2Gold Corp. from C$5.00 to C$4.50 in a research note on Thursday, June 5th. They now have a sector outperform rating on the stock. Separately, analysts at Dundee Securities cut their price target on shares of B2Gold Corp. from C$4.25 to C$3.75 in a research note on Wednesday, June 4th. They now have a buy rating on the stock. Finally, analysts at National Bank Financial cut their price target on shares of B2Gold Corp. from C$4.00 to C$3.50 in a research note on Wednesday, June 4th. They now have an outperform rating on the stock. One analyst has rated the stock with a hold rating, thirteen have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock has a consensus rating of Buy and an average price target of C$3.99.

B2Gold Corp. opened at 2.79 on Monday. B2Gold Corp. has a 52-week low of $1.87 and a 52-week high of $3.69. The stock's 50-day moving average is $2.87 and its 200-day moving average is $2.80. The company has a market cap of $1.891 billion and a P/E Ratio of 45.08.

B2Gold Corp. is a gold producer with mining operations in Nicaragua and a portfolio of development and exploration assets in Colombia, Nicaragua and Uruguay.