B2Gold Corp. (TSE:BTO) Announces $0.02 Quarterly Dividend

B2Gold Corp. (TSE:BTO - Get Free Report) NYSE: BTG declared a quarterly dividend on Friday, March 7th, TickerTech Dividends reports. Shareholders of record on Thursday, March 20th will be given a dividend of 0.02 per share on Thursday, March 20th. This represents a $0.08 dividend on an annualized basis and a yield of 2.07%. The ex-dividend date of this dividend is Friday, March 7th.

B2Gold Stock Performance

TSE BTO traded down C$0.06 during trading on Friday, reaching C$3.87. The company's stock had a trading volume of 3,086,528 shares, compared to its average volume of 3,419,273. The company has a debt-to-equity ratio of 7.51, a quick ratio of 3.33 and a current ratio of 1.83. The firm has a market cap of C$3.58 billion, a price-to-earnings ratio of -4.45, a P/E/G ratio of -0.27 and a beta of 1.23. B2Gold has a twelve month low of C$3.16 and a twelve month high of C$4.84. The business's fifty day moving average price is C$3.67 and its 200-day moving average price is C$3.92.

Insider Transactions at B2Gold

In related news, Director Gregory Barnes bought 50,000 shares of the stock in a transaction on Wednesday, February 26th. The shares were bought at an average cost of C$4.07 per share, for a total transaction of C$203,500.00. Also, Senior Officer Randall Chatwin bought 10,153 shares of the stock in a transaction on Thursday, December 19th. The shares were bought at an average price of C$3.51 per share, for a total transaction of C$35,637.03. Insiders have bought a total of 60,190 shares of company stock worth $239,275 over the last ninety days. 0.66% of the stock is currently owned by company insiders.

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Analyst Ratings Changes

A number of research firms have commented on BTO. Bank of America lowered shares of B2Gold from a "buy" rating to an "underperform" rating in a research note on Tuesday, January 14th. Cormark upgraded shares of B2Gold from a "market perform" rating to a "buy" rating and lifted their price objective for the company from C$4.50 to C$6.25 in a research note on Friday, February 21st. BMO Capital Markets dropped their price objective on shares of B2Gold from C$8.50 to C$7.00 in a research note on Tuesday, January 14th. Finally, TD Securities lowered shares of B2Gold from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, February 4th. One analyst has rated the stock with a sell rating, three have given a hold rating and five have assigned a buy rating to the company's stock. Based on data from MarketBeat, B2Gold currently has an average rating of "Hold" and an average target price of C$6.01.

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.