Analysts Set B2Gold Corp. (TSE:BTO) Price Target at C$6.11

Shares of B2Gold Corp. (TSE:BTO - Get Free Report) NYSE: BTG have been given an average rating of "Moderate Buy" by the seven research firms that are currently covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, two have given a hold recommendation, three have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is C$6.11.

A number of research analysts recently commented on the company. Cormark raised B2Gold from a "hold" rating to a "moderate buy" rating in a report on Tuesday, April 22nd. Scotiabank upgraded B2Gold from a "hold" rating to a "strong-buy" rating in a research note on Monday, April 14th. Stifel Nicolaus raised their target price on B2Gold from C$6.50 to C$7.50 in a report on Monday, April 21st. BMO Capital Markets lowered their price target on B2Gold from C$7.00 to C$6.50 in a research note on Monday, March 31st. Finally, Raymond James Financial upgraded B2Gold to a "moderate buy" rating in a research report on Monday, June 30th.

Insider Buying and Selling

In other B2Gold news, Director Jerry Korpan sold 120,000 shares of the stock in a transaction that occurred on Monday, April 14th. The stock was sold at an average price of C$4.63, for a total transaction of C$555,600.00. Also, Senior Officer Randall Chatwin sold 8,200 shares of the stock in a transaction that occurred on Monday, June 2nd. The stock was sold at an average price of C$4.97, for a total value of C$40,754.00. Insiders have sold a total of 340,842 shares of company stock worth $1,488,273 in the last ninety days. 0.66% of the stock is owned by corporate insiders.

B2Gold Stock Up 0.6%

B2Gold stock traded up C$0.03 on Friday, hitting C$5.02. 2,268,335 shares of the stock traded hands, compared to its average volume of 3,554,080. The business's fifty day simple moving average is C$4.68 and its 200 day simple moving average is C$4.18. 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 firm has a market cap of C$4.64 billion, a P/E ratio of -5.78, a price-to-earnings-growth ratio of -0.27 and a beta of 1.23. B2Gold has a 1 year low of C$3.16 and a 1 year high of C$5.21.

B2Gold Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 24th. Shareholders of record on Tuesday, June 24th were given a dividend of $0.02 per share. This represents a $0.08 dividend on an annualized basis and a yield of 1.59%. The ex-dividend date was Wednesday, June 11th. B2Gold's dividend payout ratio (DPR) is presently -25.32%.

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.