B2Gold Corp. (TSE:BTO) Announces Quarterly Dividend of $0.02

B2Gold Corp. (TSE:BTO) (NYSE:BTG) announced a quarterly dividend on Friday, March 7th, TickerTech Dividends reports. Shareholders of record on Thursday, March 20th will be given a dividend of 0.02 per share on Thursday, March 20th. This represents a $0.08 annualized dividend and a yield of 2.03%. The ex-dividend date of this dividend is Friday, March 7th.

B2Gold Price Performance

Shares of BTO stock traded up C$0.07 on Wednesday, hitting C$3.95. 2,406,950 shares of the company’s stock were exchanged, compared to its average volume of 3,341,865. B2Gold has a 12 month low of C$3.16 and a 12 month high of C$4.84. The company has a debt-to-equity ratio of 7.51, a current ratio of 1.83 and a quick ratio of 3.33. The company has a 50 day moving average of C$3.64 and a 200 day moving average of C$3.91. The stock has a market cap of C$3.65 billion, a P/E ratio of -4.55, a price-to-earnings-growth ratio of -0.27 and a beta of 1.23.

Insider Buying and Selling at B2Gold

In other B2Gold news, Senior Officer Randall Chatwin bought 10,153 shares of the stock in a transaction on Thursday, December 19th. The stock was acquired at an average cost of C$3.51 per share, for a total transaction of C$35,637.03. Also, Director Gregory Barnes purchased 50,000 shares of the business’s stock in a transaction on Wednesday, February 26th. The shares were acquired at an average price of C$4.07 per share, for a total transaction of C$203,500.00. In the last 90 days, insiders bought 60,190 shares of company stock valued at $239,275. 0.66% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on BTO shares. BMO Capital Markets decreased their price target on shares of B2Gold from C$8.50 to C$7.00 in a report on Tuesday, January 14th. TD Securities cut B2Gold from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, February 4th. Cormark upgraded B2Gold from a “market perform” rating to a “buy” rating and boosted their price objective for the stock from C$4.50 to C$6.25 in a research report on Friday, February 21st. Finally, Bank of America downgraded B2Gold from a “buy” rating to an “underperform” rating in a research report on Tuesday, January 14th. One research analyst has rated the stock with a sell rating, three have given a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat, B2Gold has an average rating of “Hold” and an average target price of C$6.01.

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.