B2Gold Corp. (TSE:BTO) Receives Average Rating of "Moderate Buy" from Analysts

B2Gold Corp. (TSE:BTO - Get Free Report) NYSE: BTG has earned a consensus recommendation of "Moderate Buy" from the seven analysts that are covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, two have assigned a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company. The average twelve-month target price among brokers that have covered the stock in the last year is C$6.11.

Several research analysts have weighed in on the stock. Scotiabank upgraded shares of B2Gold from a "hold" rating to a "strong-buy" rating in a research report on Monday, April 14th. BMO Capital Markets reduced their price target on shares of B2Gold from C$7.00 to C$6.50 in a report on Monday, March 31st. Stifel Nicolaus upped their price target on shares of B2Gold from C$6.50 to C$7.50 in a report on Monday, April 21st. Cormark raised shares of B2Gold from a "hold" rating to a "moderate buy" rating in a report on Tuesday, April 22nd. Finally, TD Securities downgraded shares of B2Gold from a "strong-buy" rating to a "hold" rating in a report on Tuesday, February 4th.

B2Gold Price Performance

BTO traded up C$0.35 on Thursday, hitting C$4.47. 5,375,356 shares of the company were exchanged, compared to its average volume of 3,811,197. The company has a debt-to-equity ratio of 7.51, a quick ratio of 3.33 and a current ratio of 1.83. The business's fifty day moving average is C$4.30 and its 200 day moving average is C$3.95. B2Gold has a fifty-two week low of C$3.16 and a fifty-two week high of C$4.88. The firm has a market capitalization of C$4.13 billion, a P/E ratio of -5.15, a price-to-earnings-growth ratio of -0.27 and a beta of 1.23.

B2Gold Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 20th. Investors of record on Thursday, March 20th were given a dividend of $0.02 per share. The ex-dividend date of this dividend was Friday, March 7th. This represents a $0.08 dividend on an annualized basis and a yield of 1.79%. B2Gold's dividend payout ratio (DPR) is currently -25.32%.

Insider Buying and Selling

In other B2Gold news, Director Jerry Korpan sold 120,000 shares of B2Gold stock in a transaction on Monday, April 14th. The shares were sold at an average price of C$4.63, for a total value of C$555,600.00. Also, Director Gregory Barnes purchased 50,000 shares of the firm's stock in a transaction on Wednesday, February 26th. The stock was bought at an average price of C$4.07 per share, for a total transaction of C$203,500.00. Over the last 90 days, insiders have sold 535,161 shares of company stock worth $2,191,243. 0.66% of the stock is owned by 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.