B2Gold Corp. (TSE:BTO) Given Average Rating of “Hold” by Analysts

Shares of B2Gold Corp. (TSE:BTO) (NYSE:BTG) have been given a consensus recommendation of “Hold” by the five research firms that are covering the stock, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, two have assigned a hold rating, one has given a buy rating and one has issued a strong buy rating on the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is C$6.75.

Separately, Raymond James Financial raised B2Gold to a “moderate buy” rating in a report on Monday, June 30th.

B2Gold Price Performance

TSE BTO opened at C$5.51 on Friday. The business’s fifty day moving average price is C$4.96 and its 200-day moving average price is C$4.50. The stock has a market capitalization of C$5.09 billion, a price-to-earnings ratio of -6.34, a PEG ratio of -0.27 and a beta of 1.23. The company has a debt-to-equity ratio of 7.51, a current ratio of 1.83 and a quick ratio of 3.33. B2Gold has a 1-year low of C$3.16 and a 1-year high of C$5.55.

B2Gold Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 24th. Investors of record on Tuesday, June 24th were issued a $0.02 dividend. This represents a $0.08 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date of this dividend was Wednesday, June 11th. B2Gold’s dividend payout ratio (DPR) is currently -25.32%.

Insider Buying and Selling

In other B2Gold news, Senior Officer Randall Chatwin sold 8,200 shares of the stock in a transaction on Monday, June 2nd. The stock was sold at an average price of C$4.97, for a total value of C$40,754.00. Corporate insiders own 0.66% of the company’s stock.

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.