B2Gold (BTO) to Release Quarterly Earnings on Tuesday

B2Gold (TSE:BTO - Get Free Report) NYSE: BTG will announce its earnings results after the market closes on Tuesday, May 7th. Analysts expect the company to announce earnings of C$0.05 per share for the quarter.

B2Gold (TSE:BTO - Get Free Report) NYSE: BTG last posted its quarterly earnings results on Wednesday, February 21st. The company reported C$0.10 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of C$0.11 by C($0.01). The company had revenue of C$697.07 million during the quarter. B2Gold had a return on equity of 1.18% and a net margin of 0.52%.

B2Gold Stock Performance

Shares of BTO traded down C$0.12 during trading hours on Tuesday, reaching C$3.48. 4,164,803 shares of the company traded hands, compared to its average volume of 3,689,582. The stock has a market capitalization of C$4.52 billion, a P/E ratio of 348.00, a P/E/G ratio of -0.27 and a beta of 1.13. The company has a quick ratio of 3.33, a current ratio of 2.27 and a debt-to-equity ratio of 4.91. The business has a fifty day moving average price of C$3.56 and a 200-day moving average price of C$3.92. B2Gold has a 12-month low of C$3.18 and a 12-month high of C$5.74.

B2Gold Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 20th. Stockholders of record on Thursday, March 7th were issued a $0.054 dividend. This represents a $0.22 dividend on an annualized basis and a dividend yield of 6.21%. The ex-dividend date was Wednesday, March 6th. B2Gold's dividend payout ratio is presently 2,200.00%.

Insider Buying and Selling at B2Gold

In related news, Senior Officer Eduard Bartz sold 12,510 shares of B2Gold stock in a transaction on Monday, April 8th. The shares were sold at an average price of C$3.93, for a total value of C$49,164.30. In related news, Senior Officer Neil Reeder sold 15,279 shares of the business's stock in a transaction that occurred on 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 on Monday, April 8th. The shares were sold at an average price of C$3.93, for a total value of C$49,164.30. Over the last three months, insiders have sold 205,857 shares of company stock valued at $789,779. Company insiders own 0.83% of the company's stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on BTO. National Bankshares dropped their target price on B2Gold from C$5.50 to C$5.25 and set an "outperform" rating on the stock in a research report on Tuesday, February 27th. BMO Capital Markets decreased their target price on shares of B2Gold from C$6.50 to C$6.00 and set an "outperform" rating for the company in a research report on Tuesday, March 19th. Stifel Nicolaus cut their price target on B2Gold from C$6.50 to C$6.00 in a research report on Friday, April 19th. CIBC decreased their price objective on B2Gold from C$3.60 to C$3.40 and set an "outperform" rating for the company in a report on Wednesday, February 7th. Finally, Eight Capital dropped their target price on B2Gold from C$7.25 to C$7.00 and set a "buy" rating on the stock in a report on Monday, April 22nd. Eight investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat, B2Gold presently has a consensus rating of "Buy" and a consensus price target of C$6.10.

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.