B2Gold Corp. J Receives a Buy from RBC Capital

By Austin Angelo

B2Gold Corp. J (TSX: BTO), the Materials sector company, has received a rating update from a Wall Street analyst today. The company received a Buy rating from RBC Capital’s analyst Stephen Walker, with a C$5 price target.

According to TipRanks.com, Walker is a 4-star analyst with an average return of 2.6% and a 50.1% success rate. Walker covers the Basic Materials sector, focusing on stocks such as Wheaton Precious Metals Corp, Newmont Mining Corporation, and Novagold Resources Inc New.

B2Gold Corp. J has an analyst consensus of Strong Buy, with a price target consensus of C$5.25.

B2Gold Corp. J’s market cap is currently C$3.27B and has a P/E ratio of 122.

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 Tuesday at $3.25.