National Bank of Canada Lifts B2Gold's Price Target to C$10.70 from C$10
Idag, 18:02
12:02 PM EDT, 05/12/2026 (MT Newswires) -- National Bank of Canada on Monday maintained its outperform rating on the shares of B2Gold (BTO.TO) while raising its price target to C$10.70 from $10.00 following the miner's first-quarter results.
The higher price target reflects a 2.7% increase in the bank's net asset value per share to $11.70 from $11.39.
B2Gold's first-quarter results included a financial beat as the Fekola, Goose, Masbate and Otjikoto mines all delivered better-than-expected production and costs, National Bank said.
This drove the company's free cash flow higher quarter over quarter, the bank said.
B2Gold is trading at P/NAV of 0.65x (EDV 0.87x) and P/CF26 of 5.2x (EDV 5.4x), according to National Bank.
Price: 7.22, Change: -0.14, Percent Change: -1.90
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National Bank of Canada Lifts B2Gold's Price Target to C$10.70 from C$10
Idag, 18:02
12:02 PM EDT, 05/12/2026 (MT Newswires) -- National Bank of Canada on Monday maintained its outperform rating on the shares of B2Gold (BTO.TO) while raising its price target to C$10.70 from $10.00 following the miner's first-quarter results.
The higher price target reflects a 2.7% increase in the bank's net asset value per share to $11.70 from $11.39.
B2Gold's first-quarter results included a financial beat as the Fekola, Goose, Masbate and Otjikoto mines all delivered better-than-expected production and costs, National Bank said.
This drove the company's free cash flow higher quarter over quarter, the bank said.
B2Gold is trading at P/NAV of 0.65x (EDV 0.87x) and P/CF26 of 5.2x (EDV 5.4x), according to National Bank.
Price: 7.22, Change: -0.14, Percent Change: -1.90
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