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

B2Gold Corp. (TSE:BTO) (NYSE:BTG) announced a quarterly dividend on Friday, March 7th, TickerTech Dividends reports. Stockholders 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 dividend yield of 2.03%. The ex-dividend date of this dividend is Friday, March 7th.

B2Gold Trading Up 1.8 %

BTO stock traded up C$0.07 during midday trading on Wednesday, hitting C$3.95. The stock had a trading volume of 2,252,650 shares, compared to its average volume of 3,325,982. The company has a current ratio of 1.83, a quick ratio of 3.33 and a debt-to-equity ratio of 7.51. The firm 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. The business has a fifty day moving average price of C$3.64 and a two-hundred day moving average price of C$3.91. B2Gold has a 1-year low of C$3.16 and a 1-year high of C$4.84.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on BTO shares. BMO Capital Markets dropped their price objective on B2Gold from C$8.50 to C$7.00 in a research note on Tuesday, January 14th. Bank of America lowered B2Gold from a “buy” rating to an “underperform” rating in a research note on Tuesday, January 14th. Cormark raised shares of B2Gold from a “market perform” rating to a “buy” rating and raised their price objective for the stock from C$4.50 to C$6.25 in a research report on Friday, February 21st. Finally, TD Securities downgraded shares of B2Gold from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, February 4th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and five have given a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of C$6.01.

Insider Transactions at B2Gold

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