B2Gold (TSE:BTO) Downgraded to Hold Rating by Cormark

Cormark cut shares of B2Gold (TSE:BTO) (NYSE:BTG) from a moderate buy rating to a hold rating in a research note issued to investors on Monday morning,Zacks.com reports. Cormark also issued estimates for B2Gold’s Q3 2025 earnings at $0.13 EPS, Q4 2025 earnings at $0.16 EPS, FY2025 earnings at $0.50 EPS, FY2027 earnings at $0.51 EPS, FY2028 earnings at $0.66 EPS and FY2029 earnings at $0.73 EPS.

Other research analysts have also issued research reports about the company. BMO Capital Markets decreased their target price on B2Gold from C$7.00 to C$6.50 in a research report on Monday. TD Securities lowered B2Gold from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, February 4th. Finally, Bank of America downgraded shares of B2Gold from a “buy” rating to an “underperform” rating in a research report on Tuesday, January 14th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat.com, B2Gold presently has an average rating of “Hold” and a consensus price target of C$5.94.

B2Gold Price Performance

Shares of TSE BTO opened at C$4.09 on Monday. The company has a debt-to-equity ratio of 7.51, a current ratio of 1.83 and a quick ratio of 3.33. B2Gold has a 1 year low of C$3.16 and a 1 year high of C$4.84. The company’s 50-day moving average is C$3.90 and its 200 day moving average is C$3.99. The stock has a market capitalization of C$3.78 billion, a P/E ratio of -4.71, a P/E/G ratio of -0.27 and a beta of 1.23.

B2Gold Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 20th. Investors of record on Thursday, March 20th were given a dividend of $0.02 per share. This represents a $0.08 annualized dividend and a yield of 1.96%. The ex-dividend date was Friday, March 7th. B2Gold’s dividend payout ratio (DPR) is -25.32%.

Insiders Place Their Bets

In other B2Gold news, Senior Officer William Lytle sold 54,062 shares of B2Gold stock in a transaction on Monday, March 10th. The stock was sold at an average price of C$3.85, for a total value of C$208,138.70. Also, Director Gregory Barnes purchased 50,000 shares of the stock in a transaction dated Wednesday, February 26th. The shares were acquired at an average cost of C$4.07 per share, for a total transaction of C$203,500.00. Over the last ninety days, insiders sold 168,420 shares of company stock valued at $649,531. Insiders own 0.66% of the company’s stock.

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.