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

Shares of B2Gold Corp. (TSE:BTO - Get Free Report) NYSE: BTG have earned an average recommendation of "Moderate Buy" from the seven analysts that are currently covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, two have given a hold recommendation, three have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month target price among brokers that have covered the stock in the last year is C$6.11.

A number of equities analysts have recently weighed in on the company. Scotiabank raised B2Gold from a "hold" rating to a "strong-buy" rating in a research note on Monday, April 14th. Cormark raised B2Gold from a "hold" rating to a "moderate buy" rating in a research note on Tuesday, April 22nd. BMO Capital Markets dropped their price objective on B2Gold from C$7.00 to C$6.50 in a research note on Monday, March 31st. Finally, Stifel Nicolaus upped their price objective on B2Gold from C$6.50 to C$7.50 in a research note on Monday, April 21st.

Insider Buying and Selling at B2Gold

In other B2Gold news, Senior Officer Randall Chatwin sold 8,200 shares of the company's 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 transaction of C$40,754.00. Also, Director Jerry Korpan sold 120,000 shares of the company's stock in a transaction that occurred 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. Insiders have sold a total of 474,941 shares of company stock worth $2,047,466 over the last ninety days. Company insiders own 0.66% of the company's stock.

B2Gold Price Performance

Shares of TSE BTO traded down C$0.02 during mid-day trading on Monday, reaching C$4.91. The company's stock had a trading volume of 1,556,144 shares, compared to its average volume of 3,687,745. The firm has a market capitalization of C$4.54 billion, a PE ratio of -5.65, a P/E/G ratio of -0.27 and a beta of 1.23. The company has a debt-to-equity ratio of 7.51, a current ratio of 1.83 and a quick ratio of 3.33. The stock has a fifty day moving average of C$4.44 and a two-hundred day moving average of C$4.04. B2Gold has a 52 week low of C$3.16 and a 52 week high of C$5.19.

B2Gold Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 24th. Shareholders of record on Tuesday, June 24th will be given a dividend of $0.02 per share. The ex-dividend date is Wednesday, June 11th. This represents a $0.08 dividend on an annualized basis and a yield of 1.63%. 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.