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

B2Gold Corp. (TSE:BTO) (NYSE:BTG) announced a quarterly dividend on Wednesday, November 6th,Zacks Dividends reports. Shareholders of record on Monday, December 2nd will be paid a dividend of 0.054 per share on Thursday, December 12th. This represents a $0.22 annualized dividend and a yield of 5.09%. The ex-dividend date is Monday, December 2nd.

B2Gold Price Performance

Shares of TSE BTO opened at C$4.24 on Friday. 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 company has a market cap of C$5.55 billion, a PE ratio of -24.94, a P/E/G ratio of -0.27 and a beta of 1.23. The business has a 50-day simple moving average of C$4.28 and a two-hundred day simple moving average of C$3.94. B2Gold has a fifty-two week low of C$3.18 and a fifty-two week high of C$4.84.

B2Gold (TSE:BTO) (NYSE:BTG) last issued its quarterly earnings results on Thursday, August 8th. The company reported C$0.08 earnings per share for the quarter, missing the consensus estimate of C$0.10 by C($0.02). The business had revenue of C$673.95 million during the quarter. B2Gold had a negative return on equity of 3.47% and a negative net margin of 7.23%. As a group, equities analysts expect that B2Gold will post 0.5596659 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

BTO has been the subject of several recent analyst reports. CIBC set a C$3.30 price target on B2Gold and gave the stock an “outperform” rating in a report on Wednesday, August 14th. Canaccord Genuity Group decreased their target price on B2Gold from C$7.50 to C$7.00 and set a “buy” rating for the company in a report on Tuesday, August 13th. Stifel Nicolaus lifted their target price on B2Gold from C$6.00 to C$6.50 in a report on Monday, October 21st. Cormark lifted their target price on B2Gold from C$4.25 to C$5.25 in a report on Monday, September 23rd. Finally, Cibc World Mkts downgraded B2Gold from a “strong-buy” rating to a “hold” rating in a report on Tuesday, September 24th. Three equities research analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, B2Gold currently has an average rating of “Moderate Buy” and a consensus target price of C$5.92.

Insider Activity at B2Gold

In related news, Senior Officer Michael Stephen Mcdonald sold 56,274 shares of the stock in a transaction on Tuesday, September 24th. The stock was sold at an average price of C$4.46, for a total value of C$250,982.04. In related news, Senior Officer Michael Stephen Mcdonald sold 56,274 shares of the stock in a transaction on Tuesday, September 24th. The stock was sold at an average price of C$4.46, for a total value of C$250,982.04. Also, Senior Officer Ninette Krohnert sold 16,175 shares of the stock in a transaction 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. In the last ninety days, insiders sold 87,449 shares of company stock valued at $384,111. 0.66% of the stock is owned by insiders.

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.