B2Gold Corp. (TSE:BTO) Receives C$5.66 Average PT from Brokerages

B2Gold Corp. (TSE:BTO) (NYSE:BTG) has been given a consensus recommendation of “Moderate Buy” by the nine research firms that are currently covering the company, MarketBeat.com reports. Three equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. The average 12-month price objective among analysts that have covered the stock in the last year is C$5.66.

A number of research analysts have commented on BTO shares. BMO Capital Markets reduced their target price on B2Gold from C$6.50 to C$6.00 and set an “outperform” rating on the stock in a report on Monday, September 16th. Cormark raised their price objective on B2Gold from C$4.25 to C$5.25 in a research note on Monday, September 23rd. Stifel Nicolaus boosted their target price on shares of B2Gold from C$6.00 to C$6.50 in a research note on Monday, October 21st. Finally, Cibc World Mkts downgraded shares of B2Gold from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, September 24th.

Insider Activity at B2Gold

In related news, Senior Officer Randall Chatwin acquired 10,153 shares of B2Gold stock in a transaction that occurred on Thursday, December 19th. The stock was acquired at an average price of C$3.51 per share, with a total value of C$35,637.03. 0.66% of the stock is currently owned by insiders.

B2Gold Stock Performance

Shares of BTO stock opened at C$3.74 on Friday. The stock has a market capitalization of C$4.90 billion, a price-to-earnings ratio of -22.00, a PEG ratio of -0.27 and a beta of 1.23. B2Gold has a one year low of C$3.18 and a one year high of C$4.84. The company’s 50-day simple moving average is C$3.85 and its 200-day simple moving average is C$3.98. The company has a debt-to-equity ratio of 1.05, a quick ratio of 3.33 and a current ratio of 2.93.

B2Gold Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, December 12th. Investors of record on Thursday, December 12th were issued a $0.054 dividend. The ex-dividend date was Monday, December 2nd. This represents a $0.22 dividend on an annualized basis and a dividend yield of 5.78%. B2Gold’s dividend payout ratio (DPR) is presently -129.41%.

B2Gold Company Profile

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.