B2Gold Corp. (BTO:CA) — TD Securities maintained its Buy rating with a C$8.50 price target. B2Gold reported stronger-than-expected second-quarter production at Fekola, Masbate and Otjikoto, partly offset by weaker production at Goose following a crushing-circuit fire. Looking ahead, analysts will be watching the recovery at Goose, mine cost control and conversion of gold revenue into free cash flow. Gold prices, sustaining capital requirements and operating conditions in Mali will influence shareholder returns.
STA Research (StockTargetAdvisor.com) is a independent Investment Research company that specializes in stock forecasting and analysis with integrated AI, based on our platform stocktargetadvisor.com, EST 2007.