B2Gold Corp. (TSE:BTO) Receives C$6.02 Consensus Target Price from Brokerages

Shares of B2Gold Corp. (TSE:BTO - Get Free Report) NYSE: BTG have earned a consensus rating of "Buy" from the eight analysts that are currently covering the company, Marketbeat Ratings reports. Seven analysts have rated the stock with a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is C$6.02.

Several research analysts have weighed in on the company. Scotiabank dropped their target price on B2Gold from C$6.50 to C$5.50 and set an "outperform" rating on the stock in a research report on Monday, March 18th. CIBC cut their price objective on shares of B2Gold from C$3.60 to C$3.40 and set an "outperform" rating on the stock in a research report on Wednesday, February 7th. National Bankshares reduced their target price on shares of B2Gold from C$5.50 to C$5.25 and set an "outperform" rating for the company in a research note on Tuesday, February 27th. Stifel Nicolaus dropped their price target on shares of B2Gold from C$7.00 to C$6.50 and set a "buy" rating on the stock in a research note on Friday, January 26th. Finally, Canaccord Genuity Group reduced their price objective on shares of B2Gold from C$8.00 to C$7.25 and set a "buy" rating for the company in a research note on Thursday, January 25th.

Insider Transactions at B2Gold

In related news, Senior Officer Neil Reeder sold 15,279 shares of the company's stock in a transaction on Thursday, April 4th. The shares were sold at an average price of C$3.75, for a total transaction of C$57,296.25. In related news, Senior Officer Neil Reeder sold 15,279 shares of the business's stock in a transaction dated Thursday, April 4th. The stock was sold at an average price of C$3.75, for a total transaction of C$57,296.25. Also, Senior Officer Eduard Bartz sold 12,510 shares of the firm's stock in a transaction that occurred on Monday, April 8th. The stock was sold at an average price of C$3.93, for a total value of C$49,164.30. Insiders sold a total of 119,363 shares of company stock worth $449,856 over the last three months. 0.83% of the stock is currently owned by insiders.

B2Gold Stock Down 1.3 %

BTO traded down C$0.05 on Wednesday, reaching C$3.89. 4,411,936 shares of the company traded hands, compared to its average volume of 3,564,091. The company has a market cap of C$5.06 billion, a price-to-earnings ratio of 389.00, a PEG ratio of -0.27 and a beta of 1.13. The company has a debt-to-equity ratio of 4.91, a current ratio of 2.27 and a quick ratio of 3.33. The stock's 50 day moving average price is C$3.53 and its 200-day moving average price is C$3.96. B2Gold has a 52-week low of C$3.18 and a 52-week high of C$5.87.

B2Gold (TSE:BTO - Get Free Report) NYSE: BTG last posted its quarterly earnings results on Wednesday, February 21st. The company reported C$0.10 EPS for the quarter, missing the consensus estimate of C$0.11 by C($0.01). B2Gold had a net margin of 0.52% and a return on equity of 1.18%. The company had revenue of C$697.07 million for the quarter. On average, sell-side analysts expect that B2Gold will post 0.3116987 EPS for the current fiscal year.

B2Gold Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 20th. Stockholders of record on Thursday, March 7th were paid a $0.054 dividend. The ex-dividend date was Wednesday, March 6th. This represents a $0.22 dividend on an annualized basis and a dividend yield of 5.55%. B2Gold's payout ratio is presently 2,200.00%.

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.