B2Gold Corp. (TSE:BTO - Get Free Report) NYSE: BTG shares passed above its 200-day moving average during trading on Monday . The stock has a 200-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.
Analyst Ratings Changes
A number of research firms recently weighed in on BTO. Cormark upgraded shares of B2Gold from a "hold" rating to a "moderate buy" rating in a research note on Tuesday, April 22nd. Stifel Nicolaus lifted their price target on B2Gold from C$6.50 to C$7.50 in a research report on Monday, April 21st. TD Securities cut B2Gold from a "strong-buy" rating to a "hold" rating in a report on Tuesday, February 4th. BMO Capital Markets reduced their target price on B2Gold from C$7.00 to C$6.50 in a report on Monday, March 31st. Finally, Scotiabank raised shares of B2Gold from a "hold" rating to a "strong-buy" rating in a report on Monday, April 14th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating, three have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, B2Gold presently has an average rating of "Moderate Buy" and a consensus price target of C$6.11.
Get Our Latest Stock Report on BTO
B2Gold Price Performance
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 firm has a market capitalization of C$3.81 billion, a PE ratio of -4.74, a P/E/G ratio of -0.27 and a beta of 1.23. The business's 50 day moving average is C$4.29 and its two-hundred day moving average is C$3.97.
B2Gold Cuts Dividend
The company also recently declared a quarterly dividend, which was paid on Thursday, March 20th. Shareholders 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 yield of 1.94%. B2Gold's payout ratio is -25.32%.
Insiders Place Their Bets
In related news, Director Clive Thomas Johnson sold 86,496 shares of B2Gold stock in a transaction on Monday, March 10th. The shares were sold at an average price of C$3.85, for a total value of C$333,009.60. Also, Director Gregory Barnes purchased 50,000 shares of the business's stock in a transaction on Wednesday, February 26th. The shares were acquired at an average price of C$4.07 per share, with a total value of C$203,500.00. Insiders sold a total of 535,161 shares of company stock valued at $2,191,243 over the last 90 days. Insiders own 0.66% of the company's stock.
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.
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