B2Gold Corp. (TSE:BTO) Given Consensus Recommendation of "Hold" by Analysts

Shares of B2Gold Corp. (TSE:BTO - Get Free Report) NYSE: BTG have been assigned an average rating of "Hold" from the ten brokerages that are presently covering the stock, Marketbeat reports. One analyst has rated the stock with a sell rating, four have given a hold rating and five have given a buy rating to the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is C$5.79.

Several equities analysts have issued reports on the company. Bank of America lowered B2Gold from a "buy" rating to an "underperform" rating in a report on Tuesday, January 14th. BMO Capital Markets dropped their price target on B2Gold from C$8.50 to C$7.00 in a research note on Tuesday, January 14th. TD Securities cut B2Gold from a "strong-buy" rating to a "hold" rating in a research note on Tuesday. Finally, Stifel Nicolaus lifted their target price on shares of B2Gold from C$6.00 to C$6.50 in a report on Monday, October 21st.

Insider Buying and Selling at B2Gold

In other B2Gold news, Senior Officer Randall Chatwin bought 10,153 shares of the company's 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. 0.66% of the stock is currently owned by corporate insiders.

B2Gold Stock Up 0.8 %

B2Gold stock traded up C$0.03 during mid-day trading on Tuesday, hitting C$3.61. The company had a trading volume of 1,835,957 shares, compared to its average volume of 3,081,078. The company has a quick ratio of 3.33, a current ratio of 2.93 and a debt-to-equity ratio of 1.05. B2Gold has a 1 year low of C$3.16 and a 1 year high of C$4.84. The business has a fifty day moving average of C$3.63 and a 200 day moving average of C$3.94. The stock has a market cap of C$4.73 billion, a price-to-earnings ratio of -21.24, a PEG ratio of -0.27 and a beta of 1.23.

B2Gold (TSE:BTO - Get Free Report) NYSE: BTG last posted its earnings results on Wednesday, November 6th. The company reported C$0.03 EPS for the quarter, missing analysts' consensus estimates of C$0.07 by C($0.04). B2Gold had a negative net margin of 7.23% and a negative return on equity of 3.47%. During the same quarter in the previous year, the company earned $0.07 earnings per share. On average, sell-side analysts expect that B2Gold will post 0.5596659 earnings per share for the current fiscal year.

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 given a $0.054 dividend. The ex-dividend date was Monday, December 2nd. This represents a $0.22 dividend on an annualized basis and a yield of 5.98%. B2Gold's dividend payout ratio (DPR) is -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.