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

B2Gold Corp. (TSE:BTO) (NYSE:BTG) announced a quarterly dividend on Thursday, September 10th. Investors of record on Wednesday, September 23rd will be paid a dividend of 0.02 per share on Wednesday, September 23rd. This represents a c) annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend is Thursday, September 10th.

B2Gold Stock Performance

BTO stock opened at C$7.76 on Tuesday. The business’s 50-day moving average price is C$6.34 and its two-hundred day moving average price is C$6.48. The company has a current ratio of 1.58, a quick ratio of 3.33 and a debt-to-equity ratio of 11.48. The firm has a market cap of C$10.25 billion, a PE ratio of 13.86, a P/E/G ratio of -0.27 and a beta of 1.94. B2Gold has a 1-year low of C$5.02 and a 1-year high of C$8.60.

B2Gold (TSE:BTO) (NYSE:BTG) last posted its earnings results on Thursday, August 6th. The company reported C$0.04 earnings per share (EPS) for the quarter. B2Gold had a return on equity of 21.87% and a net margin of 21.20%.The firm had revenue of C$1.12 billion during the quarter. As a group, research analysts forecast that B2Gold will post 0.5596659 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on BTO. Canadian Imperial Bank of Commerce upgraded B2Gold from a “hold” rating to a “strong-buy” rating in a report on Monday, August 10th. TD upgraded shares of B2Gold from a “hold” rating to a “buy” rating and raised their target price for the stock from C$6.00 to C$8.50 in a report on Monday, August 10th. Scotiabank raised shares of B2Gold from a “hold” rating to a “strong-buy” rating in a research note on Monday, August 10th. ATB Cormark Capital Markets upgraded shares of B2Gold from a “hold” rating to a “moderate buy” rating and upped their price target for the company from C$6.50 to C$11.00 in a report on Monday, August 10th. Finally, National Bank Financial reduced their price target on shares of B2Gold from C$10.70 to C$9.75 and set an “outperform” rating for the company in a report on Tuesday, July 14th. Three research analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of C$9.33.

B2Gold Company Profile

B2Gold is a responsible international gold producer headquartered in Vancouver, Canada. Founded in 2007, today, B2Gold has operating gold mines in Canada, Mali, Namibia and the Philippines, and numerous development and exploration projects in various countries.