B2Gold Corp. (TSE:BTO) Given Average Rating of “Hold” by Analysts

B2Gold Corp. (TSE:BTO) (NYSE:BTG) has been assigned an average rating of “Hold” from the five research firms that are covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, two have issued a hold rating, one has given a buy rating and one has assigned a strong buy rating to the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is C$7.90.

A number of equities research analysts have weighed in on the stock. National Bankshares boosted their target price on shares of B2Gold from C$9.25 to C$10.00 and gave the company an “outperform” rating in a research note on Tuesday, December 9th. Cormark lowered B2Gold from a “moderate buy” rating to a “hold” rating in a research note on Friday, November 7th. Stifel Nicolaus lowered their target price on B2Gold from C$11.50 to C$10.50 in a research report on Tuesday, November 11th. Finally, Bank of America upped their price target on B2Gold from C$5.35 to C$6.25 in a research report on Thursday, October 16th.

B2Gold Price Performance

Shares of TSE BTO opened at C$6.13 on Friday. The company has a 50 day simple moving average of C$6.11 and a two-hundred day simple moving average of C$5.92. B2Gold has a fifty-two week low of C$3.16 and a fifty-two week high of C$8.35. The company has a market capitalization of C$8.19 billion, a price-to-earnings ratio of 40.87, a P/E/G ratio of -0.27 and a beta of 1.03. The company has a debt-to-equity ratio of 7.51, a quick ratio of 3.33 and a current ratio of 1.83.

B2Gold (TSE:BTO) (NYSE:BTG) last issued its quarterly earnings results on Wednesday, November 5th. The company reported C$0.14 earnings per share for the quarter. The firm had revenue of C$1.09 billion during the quarter. B2Gold had a negative return on equity of 20.27% and a negative net margin of 38.20%. Analysts expect that B2Gold will post 0.5596659 EPS for the current fiscal year.

B2Gold Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, December 15th. Shareholders of record on Monday, December 15th were paid a $0.02 dividend. This represents a $0.08 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date was Tuesday, December 2nd. B2Gold’s dividend payout ratio is presently 66.67%.

About B2Gold

B2Gold Corp is an international, low-cost, senior gold mining company. It has three operating open-pit gold mines in Mali, Namibia, and the Philippines and numerous exploration projects across four continents. Other significant assets include the Gramalote and Kiaka gold projects. The company focuses on acquiring and developing interests in mineral properties with a primary focus on gold deposits as gold production forms all its revenue. There is no dependence on a particular purchaser because the gold is sold into a global market.