B2Gold (BTO) Expected to Post FY2018 Earnings of $0.44 Per Share

B2Gold (TSE:BTO) (NYSE:BTG) – Stock analysts at Clarus Securities increased their FY2018 earnings per share estimates for B2Gold in a research report issued to clients and investors on Thursday, April 12th. Clarus Securities analyst J. Spratt now expects that the company will post earnings per share of $0.44 for the year, up from their prior forecast of $0.39.

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BTO has been the subject of a number of other research reports. Canaccord Genuity lifted their price objective on B2Gold from C$6.00 to C$6.50 in a research note on Friday, January 19th. Scotiabank reiterated an “outperform” rating and set a C$5.00 price objective on shares of B2Gold in a research note on Tuesday, March 6th. National Bank Financial lifted their price objective on B2Gold from C$6.00 to C$6.50 and gave the company an “outperform” rating in a research note on Friday, January 12th. Finally, Eight Capital lifted their price objective on B2Gold from C$4.75 to C$5.40 in a research note on Thursday. Seven equities research analysts have rated the stock with a buy rating, The stock has an average rating of “Buy” and a consensus price target of C$5.55.

Shares of TSE:BTO opened at C$3.60 on Monday. B2Gold has a 12-month low of C$2.96 and a 12-month high of C$4.06.

B2Gold (TSE:BTO) (NYSE:BTG) last announced its quarterly earnings data on Wednesday, March 14th. The company reported C$0.01 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of C$0.02 by C($0.01). The company had revenue of C$220.98 million for the quarter, compared to analysts’ expectations of C$275.31 million. B2Gold had a net margin of 8.04% and a return on equity of 3.05%.

In other B2Gold news, insider Eduard Bartz sold 75,000 shares of B2Gold stock in a transaction on Friday, March 16th. The stock was sold at an average price of C$3.82, for a total value of C$286,500.00. Also, Director Bongani Mtshisi sold 100,000 shares of B2Gold stock in a transaction on Monday, March 19th. The stock was sold at an average price of C$3.69, for a total value of C$369,000.00.

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B2Gold Company Profile

B2Gold Corp., together with its subsidiaries, engages in the exploration and development of mineral properties in Nicaragua, the Philippines, Namibia, Mali, Colombia, Burkina Faso, and Finland. It primarily explores for gold, silver, and copper deposits. The company's production properties include the La Libertad mine with an exploitation concession covering an area of 10,950 hectares and the El Limon mine covering an area of 12,000 hectares located in Nicaragua; the Masbate mine covering an area of approximately 15,209 hectares located in the Philippines; and the Otjikoto mine covering an area of 6,933.99 hectares located in Namibia.

Earnings History and Estimates for B2Gold (TSE:BTO)

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