Canaccord Genuity Sticks to Their Buy Rating for B2Gold Corp. J

By Ryan Adsit

In a new note to investors today, an analyst has provided a rating update for the Materials sector company, B2Gold Corp. J (TSX: BTO). Analyst Rahul Paul from Canaccord Genuity remains bullish on the stock and has a C$5.25 price target.

According to TipRanks.com, Paul is ranked 0 out of 5 stars with an average return of -3.8% and a 40.3% success rate. Paul covers the Basic Materials sector, focusing on stocks such as Golden Star Resources Ltd, Detour Gold Corporation, and Fortuna Silver Mines.

B2Gold Corp. J has an analyst consensus of Strong Buy, with a price target consensus of C$5.29.

B2Gold Corp. J’s market cap is currently C$3.48B and has a P/E ratio of 129.7.

B2Gold Corp. is an international gold mining company. It has four operating mines, one mine under construction and numerous exploration projects across four continents in various countries, including Nicaragua, the Philippines, Namibia, Mali and Burkina Faso. The company’s property portfolio comprises of La Libertad Mine, Limon Mine, Radius Gold Joint Venture, Calibre Mining Joint Venture properties located in Nicaragua; Ojtikoto gold project located in Namibia; Cebollati property located in Uruguay; Bellavista property located in Costa Rica; and Quebradona, Gramalote, and Mocoa properties located in Colombia. B2Gold was founded by Mark Anthony Corra, Thomas A. Garagan, Clive Thomas Johnson and Roger Thomas Richer on November 30, 2006 and is headquartered in Vancouver, Canada.

The company’s shares closed last Thursday at $3.57.