B2Gold Corp. (TSE:BTO - Get Free Report) (NYSE:BTG) Senior Officer Neil Reeder sold 15,279 shares of B2Gold stock in a transaction dated Thursday, April 4th. The shares were sold at an average price of C$3.75, for a total value of C$57,296.25.
B2Gold Stock Up 4.6 %
TSE:BTO opened at C$3.86 on Friday. The firm has a market capitalization of C$5.02 billion, a price-to-earnings ratio of 386.00, a price-to-earnings-growth ratio of -0.27 and a beta of 1.13. B2Gold Corp. has a twelve month low of C$3.18 and a twelve month high of C$5.87. The stock's 50 day moving average price is C$3.52 and its two-hundred day moving average price is C$3.97. The company has a quick ratio of 3.33, a current ratio of 2.27 and a debt-to-equity ratio of 4.91.
B2Gold (TSE:BTO - Get Free Report) (NYSE:BTG) last posted its quarterly earnings results on Wednesday, February 21st. The company reported C$0.10 earnings per share for the quarter, missing the consensus estimate of C$0.11 by C($0.01). The company had revenue of C$697.07 million for the quarter. B2Gold had a return on equity of 1.18% and a net margin of 0.52%. Equities research analysts expect that B2Gold Corp. will post 0.2978188 earnings per share for the current fiscal year.
B2Gold Cuts Dividend
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The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 20th. Investors of record on Thursday, March 7th were issued a dividend of $0.054 per share. This represents a $0.22 dividend on an annualized basis and a dividend yield of 5.60%. The ex-dividend date of this dividend was Wednesday, March 6th. B2Gold's payout ratio is presently 2,200.00%.
Wall Street Analyst Weigh In
Several equities analysts have recently weighed in on the company. Canaccord Genuity Group cut their price objective on B2Gold from C$8.00 to C$7.25 and set a "buy" rating on the stock in a report on Thursday, January 25th. Stifel Nicolaus cut their price objective on B2Gold from C$7.00 to C$6.50 and set a "buy" rating on the stock in a report on Friday, January 26th. Scotiabank cut their price objective on B2Gold from C$6.50 to C$5.50 and set an "outperform" rating on the stock in a report on Monday, March 18th. National Bankshares cut their price objective on B2Gold from C$5.50 to C$5.25 and set an "outperform" rating on the stock in a report on Tuesday, February 27th. Finally, BMO Capital Markets dropped their target price on B2Gold from C$6.50 to C$6.00 and set an "outperform" rating on the stock in a research report on Tuesday, March 19th. Seven research analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, B2Gold has a consensus rating of "Buy" and an average price target of C$6.02.
Get Our Latest Stock Report on BTO
B2Gold Company Profile
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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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