B2Gold Corp. (TSE:BTO) Given Average Recommendation of "Moderate Buy" by Brokerages

B2Gold Corp. (TSE:BTO - Get Free Report) NYSE: BTG has been assigned an average recommendation of "Moderate Buy" from the nine brokerages that are covering the stock, Marketbeat reports. Three equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is C$5.66.

Several equities analysts recently commented on the company. Stifel Nicolaus boosted their price target on B2Gold from C$6.00 to C$6.50 in a research report on Monday, October 21st. Cibc World Mkts downgraded B2Gold from a "strong-buy" rating to a "hold" rating in a report on Tuesday, September 24th. BMO Capital Markets decreased their target price on shares of B2Gold from C$6.50 to C$6.00 and set an "outperform" rating for the company in a research note on Monday, September 16th. Finally, Cormark upped their target price on B2Gold from C$4.25 to C$5.25 in a research report on Monday, September 23rd.

B2Gold Trading Down 1.9 %

B2Gold stock traded down C$0.07 during trading on Monday, reaching C$3.68. The company had a trading volume of 2,342,629 shares, compared to its average volume of 3,356,962. B2Gold has a 12-month low of C$3.18 and a 12-month high of C$4.84. The company has a debt-to-equity ratio of 1.05, a quick ratio of 3.33 and a current ratio of 2.93. The stock's 50 day moving average price is C$4.19 and its two-hundred day moving average price is C$3.99. The firm has a market capitalization of C$4.82 billion, a price-to-earnings ratio of -21.65, a PEG ratio of -0.27 and a beta of 1.23.

B2Gold Cuts Dividend

The firm 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 of this dividend was Monday, December 2nd. This represents a $0.22 annualized dividend and a yield of 5.87%. B2Gold's dividend payout ratio is currently -129.41%.

Insider Activity at B2Gold

In other news, Director Clive Thomas Johnson bought 70,000 shares of the business's stock in a transaction on Friday, October 4th. The shares were purchased at an average price of C$4.29 per share, for a total transaction of C$300,300.00. Also, Senior Officer Ninette Krohnert sold 16,175 shares of the business's stock in a transaction on Wednesday, October 9th. The stock was sold at an average price of C$4.11, for a total transaction of C$66,479.25. Over the last 90 days, insiders bought 70,138 shares of company stock worth $300,723 and sold 87,755 shares worth $378,029. Corporate insiders own 0.66% of the company's stock.

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.