B2Gold Corp. (TSE:BTO) Receives Average Rating of "Moderate Buy" from Brokerages

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

A number of brokerages recently issued reports on BTO. Cibc World Mkts lowered B2Gold from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, September 24th. Stifel Nicolaus raised their price target on shares of B2Gold from C$6.00 to C$6.50 in a research note on Monday, October 21st. BMO Capital Markets dropped their target price on shares of 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. Finally, Cormark lifted their price target on shares of B2Gold from C$4.25 to C$5.25 in a research note on Monday, September 23rd.

Insider Buying and Selling

In other B2Gold news, Senior Officer Randall Chatwin acquired 10,153 shares of the stock in a transaction dated Thursday, December 19th. The stock was purchased at an average price of C$3.51 per share, with a total value of C$35,637.03. 0.66% of the stock is currently owned by company insiders.

B2Gold Trading Down 0.8 %

BTO stock traded down C$0.03 during mid-day trading on Friday, reaching C$3.74. 2,238,666 shares of the stock traded hands, compared to its average volume of 1,914,305. B2Gold has a one year low of C$3.18 and a one year 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 business has a 50-day moving average price of C$3.87 and a two-hundred day moving average price of C$3.97. The stock has a market capitalization of C$4.90 billion, a PE ratio of -22.00, a PEG ratio of -0.27 and a beta of 1.23.

B2Gold Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, December 12th. Stockholders of record on Thursday, December 12th were given a $0.054 dividend. This represents a $0.22 annualized dividend and a dividend yield of 5.78%. The ex-dividend date of this dividend was Monday, December 2nd. B2Gold's payout ratio is -129.41%.

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.