B2Gold - BTO Stock Forecast, Price & News

B2Gold Corp. operates as a gold producer with three operating mines in Mali, the Philippines, and Namibia. It operates the Fekola Mine in Mali, the Masbate Mine in the Philippines, and the Otjikoto Mine in Namibia. The company also has an 25% interest in the Calibre Mining Corp.; and approximately 19% interest in BeMetals Corp. In addition, it has a portfolio of other evaluation and exploration assets in Mali, Uzbekistan, and Finland. The company was incorporated in 2006 and is headquartered in Vancouver, Canada.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the company. TD Securities lowered their price objective on B2Gold from C$9.50 to C$9.00 in a research note on Thursday, July 21st. Canaccord Genuity Group lifted their price objective on B2Gold from C$8.00 to C$9.00 in a research note on Friday, April 22nd. Scotiabank lifted their price objective on B2Gold from C$8.00 to C$8.25 in a research note on Tuesday, April 19th. Finally, National Bankshares decreased their price target on B2Gold from C$8.00 to C$7.50 and set an "outperform" rating for the company in a research note on Friday, August 5th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of C$7.55.

B2Gold Stock Performance

Shares of BTO traded up C$0.10 during trading hours on Friday, hitting C$4.52. The stock had a trading volume of 1,514,684 shares, compared to its average volume of 3,315,475. The company has a debt-to-equity ratio of 2.41, a current ratio of 5.17 and a quick ratio of 3.55. B2Gold has a 12 month low of C$4.05 and a 12 month high of C$6.39. The firm has a market capitalization of C$4.80 billion and a PE ratio of 9.04. The stock has a fifty day moving average price of C$4.54 and a 200 day moving average price of C$5.09.

B2Gold (TSE:BTO - Get Rating) (NYSE:BTG) last released its quarterly earnings results on Wednesday, August 3rd. The company reported C$0.05 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.07 by C($0.02). The business had revenue of C$487.55 million during the quarter. Analysts anticipate that B2Gold will post 0.48 EPS for the current year.

B2Gold Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, June 29th. Stockholders of record on Monday, June 20th were paid a $0.04 dividend. This represents a $0.16 dividend on an annualized basis and a dividend yield of 3.54%. The ex-dividend date of this dividend was Friday, June 17th. B2Gold's dividend payout ratio (DPR) is 32.00%.

Insider Transactions at B2Gold

In other news, Senior Officer John Alex Rajala sold 50,000 shares of the company's stock in a transaction dated Friday, June 3rd. The stock was sold at an average price of C$5.22, for a total value of C$261,000.00. Following the completion of the transaction, the insider now owns 129,542 shares of the company's stock, valued at C$676,209.24.