Shares of B2Gold Corp. (NYSE:BTG – Get Free Report) have been given a consensus recommendation of “Hold” by the six ratings firms that are currently covering the stock, Marketbeat.com reports. Five equities research analysts have rated the stock with a hold recommendation and one has given a buy recommendation to the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is $4.12.
A number of research analysts recently issued reports on the stock. Jefferies Financial Group raised their price objective on shares of B2Gold from $4.00 to $5.00 and gave the company a “buy” rating in a report on Friday, October 4th. Scotiabank lowered shares of B2Gold from a “strong-buy” rating to a “hold” rating in a report on Friday, August 9th. StockNews.com upgraded shares of B2Gold from a “hold” rating to a “buy” rating in a report on Saturday, August 17th. Cormark lowered shares of B2Gold from a “moderate buy” rating to a “hold” rating in a report on Monday, August 12th. Finally, Royal Bank of Canada reissued a “sector perform” rating and set a $3.75 target price on shares of B2Gold in a research report on Tuesday, September 17th.
Read Our Latest Analysis on BTG
Institutional Trading of B2Gold
B2Gold Trading Up 2.2 %
BTG stock opened at $3.42 on Wednesday. The company has a market capitalization of $4.46 billion, a PE ratio of -113.83, a P/E/G ratio of 1.70 and a beta of 1.15. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.93 and a quick ratio of 1.74. B2Gold has a 12 month low of $2.34 and a 12 month high of $3.50. The business has a 50-day moving average of $3.09.
B2Gold (NYSE:BTG – Get Free Report) last issued its quarterly earnings data on Thursday, August 8th. The company reported $0.06 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.02). The business had revenue of $492.57 million during the quarter. B2Gold had a negative net margin of 7.44% and a positive return on equity of 8.01%. As a group, equities analysts predict that B2Gold will post 0.25 EPS for the current fiscal year.
B2Gold Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Monday, September 23rd. Stockholders of record on Tuesday, September 10th were given a dividend of $0.04 per share. This represents a $0.16 annualized dividend and a dividend yield of 4.69%. The ex-dividend date of this dividend was Tuesday, September 10th. B2Gold’s dividend payout ratio (DPR) is -533.33%.
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.
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