21:25:28 EDT Sun 28 Apr 2024
Enter Symbol
or Name
USA
CA



B2Gold Corp
Symbol BTO
Shares Issued 1,302,850,548
Close 2024-03-19 C$ 3.38
Market Cap C$ 4,403,634,852
Recent Sedar Documents

Globe says BMO's Quast keeps B2Gold at "outperform"

2024-03-20 07:39 ET - In the News

The Globe and Mail reports in its Wednesday, March 20, edition that BMO Capital analyst Brian Quast has reaffirmed his "outperform" recommendation for B2Gold. The Globe's David Leeder writes in the Eye On Equities column that Mr. Quast gave his share target a 50-cent trim to $6. Analysts on average target the shares at $6.06. Mr. Quast says in a note: "B2Gold has released its long-awaited technical report for the Fekola complex, which has had a negative impact on our estimates, since we are now modeling Fekola as per this new document. This technical report has Fekola production below company guidance, since inferred ounces have been excluded from estimates. There is also a limited update on the 2023 Mining Code in Mali, with further details pending." The Globe reported on Jan. 26 that CIBC analyst Anita Soni had cut B2Gold to "neutral" from "outperformer." It was then worth $3.66. The Globe reported on March 19 that Scotia Capital analyst Ovais Habib had cut his share target for B2Gold from $6.50 to $5.50 in reaction to a technical report update on its Fekola mine. He continued to rate the shares "sector outperform." B2Gold shares could then $3.46.

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