B2Gold Corp. (TSE:BTO) Receives C$6.75 Consensus Target Price from Brokerages

Key Points

• B2Gold Corp. has received a **consensus recommendation** of "Hold" from five research firms, with ratings ranging from a sell to a strong buy.
• The stock has a **12-month target price** set at C$6.75 by analysts and is currently priced at C$5.51.
• B2Gold recently announced a **quarterly dividend** of $0.02, marking an annual yield of 1.5% despite a negative dividend payout ratio of -25.32%.

B2Gold Corp. (TSE:BTO - Get Free Report) NYSE: BTG has been given an average rating of "Hold" by the five analysts that are presently covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation, one has given a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month target price among brokerages that have covered the stock in the last year is C$6.75.

Separately, Raymond James Financial upgraded shares of B2Gold to a "moderate buy" rating in a report on Monday, June 30th.

Insider Activity

In other news, Senior Officer Randall Chatwin sold 8,200 shares of B2Gold stock in a transaction that occurred on Monday, June 2nd. The shares were sold at an average price of C$4.97, for a total transaction of C$40,754.00. Insiders own 0.66% of the company's stock.

B2Gold Stock Down 1.1%

B2Gold stock traded down C$0.06 during trading hours on Friday, hitting C$5.56. 2,317,672 shares of the stock traded hands, compared to its average volume of 3,485,425. The firm's 50-day moving average price is C$5.00 and its two-hundred day moving average price is C$4.56. The company has a current ratio of 1.83, a quick ratio of 3.33 and a debt-to-equity ratio of 7.51. The company has a market cap of C$5.14 billion, a PE ratio of -6.40, a PEG ratio of -0.27 and a beta of 1.23. B2Gold has a one year low of C$3.16 and a one year high of C$5.64.

B2Gold Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 24th. Stockholders of record on Tuesday, June 24th were issued a dividend of $0.02 per share. This represents a $0.08 annualized dividend and a dividend yield of 1.4%. The ex-dividend date was Wednesday, June 11th. B2Gold's dividend payout ratio (DPR) is presently -25.32%.

About B2Gold

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.