B2Gold Corp. (BTO) to Issue Quarterly Dividend of $0.06 on September 23rd

B2Gold Corp. (TSE:BTO) (NYSE:BTG) declared a quarterly dividend on Tuesday, September 10th, Zacks reports. Shareholders of record on Monday, September 23rd will be given a dividend of 0.055 per share on Monday, September 23rd. This represents a $0.22 dividend on an annualized basis and a dividend yield of 6.13%. The ex-dividend date is Tuesday, September 10th.

B2Gold Stock Down 1.4 %

B2Gold stock opened at C$3.59 on Friday. The company has a quick ratio of 3.33, a current ratio of 2.93 and a debt-to-equity ratio of 1.05. The company has a market capitalization of C$4.70 billion, a PE ratio of -22.44, a PEG ratio of -0.27 and a beta of 1.21. The firm’s fifty day moving average is C$3.85 and its 200 day moving average is C$3.70. B2Gold has a 12-month low of C$3.18 and a 12-month high of C$4.74.

B2Gold (TSE:BTO) (NYSE:BTG) last announced its quarterly earnings data 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 company had revenue of C$673.95 million for the quarter. B2Gold had a negative net margin of 7.23% and a negative return on equity of 3.47%. As a group, sell-side analysts predict that B2Gold will post 0.3483456 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the company. Cormark cut B2Gold from a “moderate buy” rating to a “hold” rating in a research note on Monday, August 12th. CIBC set a C$3.30 price target on shares of B2Gold and gave the company an “outperform” rating in a research report on Wednesday, August 14th. Canaccord Genuity Group lowered their price objective on shares of B2Gold from C$7.50 to C$7.00 and set a “buy” rating on the stock in a report on Tuesday, August 13th. Cibc World Mkts upgraded shares of B2Gold from a “hold” rating to a “strong-buy” rating in a report on Wednesday, August 14th. Finally, Scotiabank lowered shares of B2Gold from an “outperform” rating to a “sector perform” rating in a report on Friday, August 9th. Two investment analysts have rated the stock with a hold rating, seven have assigned a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, B2Gold presently has a consensus rating of “Buy” and a consensus price target of C$5.94.

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.