B2Gold Corp. (TSE:BTO) Announces Quarterly Dividend of $0.05

B2Gold Corp. (TSE:BTO - Get Free Report) NYSE: BTG declared a quarterly dividend on Wednesday, November 6th,Zacks Dividends reports. Stockholders of record on Monday, December 2nd will be given a dividend of 0.054 per share on Thursday, December 12th. This represents a $0.22 annualized dividend and a dividend yield of 5.26%. The ex-dividend date of this dividend is Monday, December 2nd.

B2Gold Trading Down 3.1 %

BTO stock traded down C$0.13 during midday trading on Friday, reaching C$4.11. 3,594,828 shares of the company's stock traded hands, compared to its average volume of 3,402,375. The business has a 50-day moving average price of C$4.28 and a two-hundred day moving average price of C$3.94. The company has a debt-to-equity ratio of 1.05, a current ratio of 2.93 and a quick ratio of 3.33. B2Gold has a fifty-two week low of C$3.18 and a fifty-two week high of C$4.84. The company has a market capitalization of C$5.38 billion, a P/E ratio of -24.94, a PEG ratio of -0.27 and a beta of 1.23.

B2Gold (TSE:BTO - Get Free Report) NYSE: BTG last announced its earnings results on Thursday, August 8th. The company reported C$0.08 EPS for the quarter, missing the consensus estimate of C$0.10 by C($0.02). The company had revenue of C$673.95 million for the quarter. B2Gold had a negative net margin of 7.23% and a negative return on equity of 3.47%. Equities research analysts forecast that B2Gold will post 0.5596659 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the stock. CIBC set a C$3.30 price target on shares of B2Gold and gave the company an "outperform" rating in a report on Wednesday, August 14th. BMO Capital Markets cut their price target on B2Gold from C$6.50 to C$6.00 and set an "outperform" rating on the stock in a research note on Monday, September 16th. Scotiabank lowered B2Gold from an "outperform" rating to a "sector perform" rating in a research note on Friday, August 9th. Cormark increased their target price on B2Gold from C$4.25 to C$5.25 in a research note on Monday, September 23rd. Finally, Cibc World Mkts lowered shares of B2Gold from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, September 24th. Three research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of C$5.92.

Insider Activity at B2Gold

In other news, Senior Officer Ninette Krohnert sold 16,175 shares of the stock in a transaction on Wednesday, October 9th. The stock was sold at an average price of C$4.11, for a total value of C$66,479.25. In other news, Senior Officer Ninette Krohnert sold 16,175 shares of the company's stock in a transaction that occurred on Wednesday, October 9th. The shares were sold at an average price of C$4.11, for a total value of C$66,479.25. Also, Director Clive Thomas Johnson acquired 70,000 shares of the stock in a transaction that occurred on Friday, October 4th. The shares were bought at an average price of C$4.29 per share, for a total transaction of C$300,300.00. Insiders have sold a total of 87,449 shares of company stock worth $384,111 in the last three months. 0.66% of the stock is owned by company insiders.

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.