B2Gold Corp with ticker code (BTG) have now 3 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Strong_Buy’. The range between the high target price and low target price is between 5.75 and 4.8 calculating the average target price we see $5.18. Given that the stocks previous close was at $4.35 this would imply there is now a potential upside of 19.1%. Also worth taking note is the 50 day moving average now sits at $3.69 and the 200 day MA is $3.48. The company has a market capitalization of $4,614m. Company Website: https://www.b2gold.com
The potential market cap would be $5,494m based on the market consensus.
B2Gold Corp. operates as a gold producer with three operating mines in Mali, the Philippines, and Namibia. It operates the Fekola Mine in Mali, the Masbate Mine in the Philippines, and the Otjikoto Mine in Namibia. The company also has an 25% interest in the Calibre Mining Corp.; and approximately 19% interest in BeMetals Corp. In addition, it has a portfolio of other evaluation and exploration assets in Mali, Uzbekistan, and Finland. The company was incorporated in 2006 and is headquartered in Vancouver, Canada.
The company has a dividend yield of 3.73% with the ex dividend date set at 7-3-2023 (DMY).
Other points of data to note are a P/E ratio of 17.88, revenue per share of 1.63 and a 9.03% return on assets.
