RBC Capital Reaffirms Their Hold Rating on B2Gold (BTG)

RBC Capital analyst Michael Siperco maintained a Hold rating on B2Gold on October 27 and set a price target of $5.00. The company’s shares closed yesterday at $4.90.

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Siperco covers the Basic Materials sector, focusing on stocks such as Lundin Gold, G Mining Ventures, and B2Gold. According to TipRanks, Siperco has an average return of 46.4% and a 72.79% success rate on recommended stocks.

In addition to RBC Capital, B2Gold also received a Hold from Scotiabank’s Ovais Habib in a report issued on October 23. However, on October 20, Stifel Nicolaus maintained a Buy rating on B2Gold (NYSE MKT: BTG).

BTG market cap is currently $6.89B and has a P/E ratio of -14.94.

Based on the recent corporate insider activity of 113 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.