B2Gold Corp. (NYSE:BTG) Given Consensus Recommendation of "Hold" by Analysts

B2Gold Corp. (NYSE:BTG - Get Free Report) has received a consensus rating of "Hold" from the nine analysts that are currently covering the stock, Marketbeat reports. One analyst has rated the stock with a sell recommendation, four have issued a hold recommendation, three have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is $4.21.

A number of research firms have weighed in on BTG. TD Securities lowered shares of B2Gold from a "buy" rating to a "hold" rating in a research note on Tuesday, February 4th. Cormark raised B2Gold from a "hold" rating to a "moderate buy" rating in a research note on Tuesday. Bank of America cut shares of B2Gold from a "buy" rating to an "underperform" rating in a research report on Tuesday, January 14th. National Bankshares reiterated an "outperform" rating on shares of B2Gold in a report on Wednesday, April 2nd. Finally, Scotiabank upgraded B2Gold from a "hold" rating to a "strong-buy" rating in a research report on Monday, April 14th.

Institutional Investors Weigh In On B2Gold

Institutional investors have recently added to or reduced their stakes in the company. Cantor Fitzgerald L. P. acquired a new position in shares of B2Gold during the fourth quarter worth about $25,000. Groupama Asset Managment purchased a new position in B2Gold in the 4th quarter valued at about $29,000. Schonfeld Strategic Advisors LLC acquired a new stake in shares of B2Gold during the fourth quarter valued at about $30,000. Kercheville Advisors LLC acquired a new position in shares of B2Gold in the first quarter worth about $31,000. Finally, Signaturefd LLC grew its stake in B2Gold by 176.1% during the 4th quarter. Signaturefd LLC now owns 12,935 shares of the company's stock valued at $32,000 after purchasing an additional 8,250 shares in the last quarter. Hedge funds and other institutional investors own 61.40% of the company's stock.

B2Gold Price Performance

BTG stock traded down $0.07 during trading on Wednesday, hitting $3.08. The stock had a trading volume of 57,354,333 shares, compared to its average volume of 21,765,513. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.83 and a quick ratio of 1.08. B2Gold has a twelve month low of $2.20 and a twelve month high of $3.51. The stock has a market capitalization of $4.07 billion, a P/E ratio of -6.42, a PEG ratio of 0.33 and a beta of 0.93. The company's 50-day moving average price is $2.96 and its two-hundred day moving average price is $2.83.

B2Gold Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 20th. Stockholders of record on Friday, March 7th were issued a dividend of $0.02 per share. The ex-dividend date was Friday, March 7th. This represents a $0.08 annualized dividend and a dividend yield of 2.60%. B2Gold's payout ratio is currently -16.67%.

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.