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

B2Gold Corp. (TSE:BTO) (NYSE:BTG) declared a quarterly dividend on Wednesday, June 11th, TickerTech Dividends reports. Investors of record on Tuesday, June 24th will be paid a dividend of 0.02 per share on Tuesday, June 24th. This represents a $0.08 annualized dividend and a dividend yield of 1.60%. The ex-dividend date is Wednesday, June 11th.

B2Gold Stock Performance

Shares of BTO stock opened at C$5.01 on Monday. The company has a debt-to-equity ratio of 7.51, a quick ratio of 3.33 and a current ratio of 1.83. B2Gold has a 52 week low of C$3.16 and a 52 week high of C$5.19. The company’s 50 day moving average price is C$4.38 and its two-hundred day moving average price is C$4.02. The company has a market capitalization of C$4.63 billion, a P/E ratio of -5.77, a price-to-earnings-growth ratio of -0.27 and a beta of 1.23.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on BTO shares. BMO Capital Markets dropped their price objective on shares of B2Gold from C$7.00 to C$6.50 in a report on Monday, March 31st. Cormark upgraded B2Gold from a “hold” rating to a “moderate buy” rating in a report on Tuesday, April 22nd. Scotiabank upgraded B2Gold from a “hold” rating to a “strong-buy” rating in a research note on Monday, April 14th. Finally, Stifel Nicolaus upped their price target on B2Gold from C$6.50 to C$7.50 in a research report on Monday, April 21st. One research analyst has rated the stock with a sell rating, two have issued a hold rating, three have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of C$6.11.

Insider Transactions at B2Gold

In other B2Gold news, Director Jerry Korpan sold 120,000 shares of the stock in a transaction dated Monday, April 14th. The shares were sold at an average price of C$4.63, for a total value of C$555,600.00. Also, Senior Officer Randall Chatwin sold 30,150 shares of the firm’s stock in a transaction that occurred on Wednesday, April 2nd. The stock was sold at an average price of C$4.17, for a total transaction of C$125,725.50. Insiders sold a total of 474,941 shares of company stock worth $2,047,466 in the last three months. 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.