B2Gold Corp. (TSE:BTO) Given Average Recommendation of “Moderate Buy” by Analysts

B2Gold Corp. (TSE:BTO) (NYSE:BTG) has been assigned a consensus rating of “Moderate Buy” from the eleven ratings firms that are presently covering the company, Marketbeat Ratings reports. Three investment analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating on the company. The average twelve-month target price among brokerages that have covered the stock in the last year is C$5.92.

Several research firms have issued reports on BTO. Cormark upped their price target on shares of B2Gold from C$4.25 to C$5.25 in a research report on Monday, September 23rd. BMO Capital Markets reduced their price target on B2Gold from C$6.50 to C$6.00 and set an “outperform” rating on the stock in a research report on Monday, September 16th. Canaccord Genuity Group lowered their price objective on B2Gold from C$7.50 to C$7.00 and set a “buy” rating for the company in a research report on Tuesday, August 13th. Scotiabank cut shares of B2Gold from an “outperform” rating to a “sector perform” rating in a report on Friday, August 9th. Finally, CIBC set a C$3.30 price target on shares of B2Gold and gave the company an “outperform” rating in a report on Wednesday, August 14th.

B2Gold Stock Up 1.2 %

Shares of BTO opened at C$4.23 on Wednesday. B2Gold has a 1 year low of C$3.18 and a 1 year high of C$4.74. The company has a debt-to-equity ratio of 1.05, a current ratio of 2.93 and a quick ratio of 3.33. The stock has a 50 day simple moving average of C$3.97 and a two-hundred day simple moving average of C$3.79. The firm has a market cap of C$5.54 billion, a P/E ratio of -26.44, a P/E/G ratio of -0.27 and a beta of 1.21.

B2Gold (TSE:BTO) (NYSE:BTG) last announced its quarterly earnings data on Thursday, August 8th. The company reported C$0.08 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.10 by C($0.02). B2Gold had a negative net margin of 7.23% and a negative return on equity of 3.47%. The business had revenue of C$673.95 million during the quarter. On average, analysts forecast that B2Gold will post 0.5559748 earnings per share for the current fiscal year.

B2Gold Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 23rd. Stockholders of record on Monday, September 23rd were given a $0.055 dividend. This represents a $0.22 annualized dividend and a dividend yield of 5.20%. The ex-dividend date of this dividend was Tuesday, September 10th. B2Gold’s dividend payout ratio is currently -137.50%.

Insider Activity at B2Gold

In related news, Senior Officer Randall Chatwin sold 10,000 shares of the stock in a transaction dated Monday, September 16th. The shares were sold at an average price of C$4.53, for a total value of C$45,300.00. In other news, Senior Officer Randall Chatwin sold 10,000 shares of the business’s stock in a transaction that occurred on Monday, September 16th. The stock was sold at an average price of C$4.53, for a total value of C$45,300.00. Also, Senior Officer Michael Stephen Mcdonald sold 56,274 shares of the firm’s stock in a transaction that occurred on Tuesday, September 24th. The shares were sold at an average price of C$4.46, for a total value of C$250,982.04. 0.70% of the stock is currently owned by corporate insiders.

B2Gold Company Profile

B2Gold Corp. operates as a gold producer company. It operates the Fekola Mine in Mali, the Masbate Mine in the Philippines, and the Otjikoto Mine in Namibia. The company also has an 100% interest in the Gramalote gold project in Colombia; 24% interest in the Calibre Mining Corp.; and approximately 19% interest in BeMetals Corp.