B2Gold Corp. (TSE:BTO - Free Report) NYSE: BTG - Equities researchers at Raymond James lowered their FY2025 earnings per share estimates for shares of B2Gold in a research report issued on Tuesday, January 14th. Raymond James analyst F. Hamed now anticipates that the company will post earnings per share of $0.60 for the year, down from their prior estimate of $0.65. The consensus estimate for B2Gold's current full-year earnings is $0.56 per share.
A number of other brokerages have also commented on BTO. Stifel Nicolaus lifted their price target on B2Gold from C$6.00 to C$6.50 in a report on Monday, October 21st. BMO Capital Markets lowered their price target on shares of B2Gold from C$8.50 to C$7.00 in a report on Tuesday. Cibc World Mkts cut B2Gold from a "strong-buy" rating to a "hold" rating in a report on Tuesday, September 24th. Bank of America downgraded B2Gold from a "buy" rating to an "underperform" rating in a research report on Tuesday. Finally, Cormark increased their target price on shares of B2Gold from C$4.25 to C$5.25 in a report on Monday, September 23rd. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and six have issued a buy rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of C$5.79.
Check Out Our Latest Research Report on BTO
B2Gold Price Performance
Shares of TSE BTO traded up C$0.04 during mid-day trading on Friday, hitting C$3.47. 2,107,082 shares of the stock traded hands, compared to its average volume of 2,735,947. The company has a market cap of C$4.55 billion, a PE ratio of -20.41, a price-to-earnings-growth ratio of -0.27 and a beta of 1.23. The company has a debt-to-equity ratio of 1.05, a current ratio of 2.93 and a quick ratio of 3.33. The firm has a 50 day simple moving average of C$3.75 and a two-hundred day simple moving average of C$3.97. B2Gold has a twelve month low of C$3.18 and a twelve month high of C$4.84.
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 paid a dividend of $0.054 per share. This represents a $0.22 annualized dividend and a dividend yield of 6.22%. The ex-dividend date was Monday, December 2nd. B2Gold's dividend payout ratio (DPR) is presently -129.41%.
Insider Buying and Selling at B2Gold
In related news, Senior Officer Randall Chatwin acquired 10,153 shares of the stock in a transaction dated Thursday, December 19th. The stock was bought at an average cost of C$3.51 per share, with a total value of C$35,637.03. 0.66% of the stock is owned by corporate insiders.
About B2Gold
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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.
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