BMO Capital analyst Brian Quast maintained a Buy rating on B2Gold today and set a price target of C$8.50. The company’s shares closed yesterday at $5.33.
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Quast covers the Basic Materials sector, focusing on stocks such as B2Gold, Alamos Gold, and Alkane Resources Ltd. According to TipRanks, Quast has an average return of 20.9% and a 60.39% success rate on recommended stocks.
In addition to BMO Capital, B2Gold also received a Buy from Jefferies’s Fahad Tariq in a report issued yesterday. However, on September 29, RBC Capital maintained a Hold rating on B2Gold (NYSE MKT: BTG).
BTG market cap is currently $7.03B and has a P/E ratio of -16.05.
Based on the recent corporate insider activity of 104 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of BTG in relation to earlier this year.
Read More on BTG:
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