B2Gold Corp. (TSE:BTO) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of B2Gold Corp. (TSE:BTOGet Free Report) (NYSE:BTG) have earned an average recommendation of “Moderate Buy” from the seven analysts that are currently covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, two have issued a hold rating, three have given a buy rating and one has given a strong buy rating to the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is C$6.11.

BTO has been the subject of several recent research reports. Stifel Nicolaus raised their price objective on B2Gold from C$6.50 to C$7.50 in a research report on Monday, April 21st. Scotiabank upgraded shares of B2Gold from a “hold” rating to a “strong-buy” rating in a research note on Monday, April 14th. BMO Capital Markets lowered their price target on shares of B2Gold from C$7.00 to C$6.50 in a research report on Monday, March 31st. Cormark raised shares of B2Gold from a “hold” rating to a “moderate buy” rating in a research note on Tuesday, April 22nd. Finally, Raymond James Financial upgraded shares of B2Gold to a “moderate buy” rating in a report on Monday.

Check Out Our Latest Report on BTO

Insider Activity

In related news, Senior Officer Eduard Bartz sold 13,161 shares of the business’s stock in a transaction that occurred on Tuesday, April 8th. The shares were sold at an average price of C$3.79, for a total value of C$49,880.19. Following the completion of the transaction, the insider directly owned 16 shares in the company, valued at C$60.64. The trade was a 99.88% decrease in their position. Also, Director Clive Thomas Johnson sold 99,465 shares of the company’s stock in a transaction that occurred on Tuesday, April 8th. The shares were sold at an average price of C$3.79, for a total value of C$376,972.35. In the last quarter, insiders have sold 340,842 shares of company stock worth $1,488,273. 0.66% of the stock is currently owned by company insiders.

B2Gold Trading Down 0.4%

TSE BTO opened at C$4.96 on Friday. The firm has a market capitalization of C$4.58 billion, a PE ratio of -5.71, a P/E/G ratio of -0.27 and a beta of 1.23. The stock’s 50 day moving average is C$4.65 and its 200 day moving average is C$4.16. B2Gold has a twelve month low of C$3.16 and a twelve month high of C$5.21. The company has a quick ratio of 3.33, a current ratio of 1.83 and a debt-to-equity ratio of 7.51.

B2Gold Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 24th. Stockholders of record on Tuesday, June 24th were given a $0.02 dividend. This represents a $0.08 annualized dividend and a dividend yield of 1.61%. The ex-dividend date was Wednesday, June 11th. B2Gold’s dividend payout ratio is presently -25.32%.

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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Analyst Recommendations for B2Gold (TSE:BTO)

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