B2Gold Corp. Declares Quarterly Dividend of $0.02 (TSE:BTO)

Key Points

• B2Gold Corp. declared a quarterly dividend of $0.02 per share, with stockholders to be paid on September 23rd, representing an annualized yield of 1.4%.
• B2Gold's stock has shown significant movement, with shares trading up 3.2% recently, and the company has a market cap of C$7.65 billion.
• Analysts have given B2Gold a mix of ratings, with an average target price of C$6.75 and a recent upgrade to a "moderate buy" from Raymond James Financial.

B2Gold Corp. (TSE:BTO - Get Free Report) NYSE: BTG announced a quarterly dividend on Wednesday, September 10th, TickerTech Dividends reports. Stockholders of record on Tuesday, September 23rd will be paid a dividend of 0.02 per share on Tuesday, September 23rd. This represents a c) annualized dividend and a dividend yield of 1.4%. The ex-dividend date is Wednesday, September 10th.

B2Gold Trading Up 3.2%

Shares of BTO stock opened at C$5.78 on Monday. The company has a 50 day moving average of C$5.09 and a 200-day moving average of C$4.65. The company has a quick ratio of 3.33, a current ratio of 1.83 and a debt-to-equity ratio of 7.51. B2Gold has a 12-month low of C$3.16 and a 12-month high of C$5.97. The firm has a market cap of C$7.65 billion, a P/E ratio of -16.51, a PEG ratio of -0.27 and a beta of 0.48.

Analysts Set New Price Targets

Separately, Raymond James Financial upgraded shares of B2Gold to a "moderate buy" rating in a research note on Monday, June 30th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Hold" and an average target price of C$6.75.

About B2Gold

B2Gold Corp is an international, low-cost, senior gold mining company. It has three operating open-pit gold mines in Mali, Namibia, and the Philippines and numerous exploration projects across four continents. Other significant assets include the Gramalote and Kiaka gold projects. The company focuses on acquiring and developing interests in mineral properties with a primary focus on gold deposits as gold production forms all its revenue.

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