B2Gold Corp. (TSE:BTO - Get Free Report) NYSE: BTG's share price crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$3.97 and traded as high as C$4.21. B2Gold shares last traded at C$4.13, with a volume of 6,848,726 shares trading hands.
Analyst Upgrades and Downgrades
BTO has been the subject of several research analyst reports. BMO Capital Markets decreased their target price on B2Gold from C$7.00 to C$6.50 in a research report on Monday, March 31st. Cormark upgraded B2Gold from a "hold" rating to a "moderate buy" rating in a research note on Tuesday, April 22nd. TD Securities downgraded B2Gold from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, February 4th. Scotiabank upgraded B2Gold from a "hold" rating to a "strong-buy" rating in a research note on Monday, April 14th. Finally, Stifel Nicolaus increased their price target on B2Gold from C$6.50 to C$7.50 in a research note on Monday, April 21st. One analyst has rated the stock with a sell rating, two have given a hold rating, three have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, B2Gold has a consensus rating of "Moderate Buy" and an average price target of C$6.11.
Get Our Latest Analysis on B2Gold
B2Gold Trading Up 0.2%
The firm has a 50 day simple moving average of C$4.29 and a 200 day simple moving average of C$3.96. 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 firm has a market cap of C$3.81 billion, a P/E ratio of -4.74, a P/E/G ratio of -0.27 and a beta of 1.23.
B2Gold Cuts Dividend
The firm also recently declared a quarterly dividend, which was paid on Thursday, March 20th. Stockholders of record on Thursday, March 20th were given a dividend of $0.02 per share. The ex-dividend date was Friday, March 7th. This represents a $0.08 dividend on an annualized basis and a dividend yield of 1.94%. B2Gold's dividend payout ratio (DPR) is presently -25.32%.
Insider Activity
In related news, Director Clive Thomas Johnson sold 86,496 shares of the firm's stock in a transaction dated Monday, March 10th. The stock was sold at an average price of C$3.85, for a total transaction of C$333,009.60. Also, Senior Officer William Lytle sold 54,062 shares of the firm's stock in a transaction dated Monday, March 10th. The shares were sold at an average price of C$3.85, for a total value of C$208,138.70. In the last 90 days, insiders sold 535,161 shares of company stock worth $2,191,243. 0.66% of the stock is currently owned by insiders.
About B2Gold
(
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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.
Further Reading
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