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

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

B2Gold Price Performance

BTO stock opened at C$5.01 on Monday. The firm’s 50-day moving average price is C$4.38 and its two-hundred day moving average price is C$4.02. B2Gold has a 12-month low of C$3.16 and a 12-month high of C$5.19. The stock has a market capitalization of C$4.63 billion, a price-to-earnings ratio of -5.77, a PEG ratio of -0.27 and a beta of 1.23. The company has a current ratio of 1.83, a quick ratio of 3.33 and a debt-to-equity ratio of 7.51.

Analyst Upgrades and Downgrades

BTO has been the topic of several research analyst reports. Scotiabank upgraded shares of B2Gold from a “hold” rating to a “strong-buy” rating in a research report on Monday, April 14th. Stifel Nicolaus boosted their price target on shares of B2Gold from C$6.50 to C$7.50 in a research report on Monday, April 21st. Cormark upgraded shares of B2Gold from a “hold” rating to a “moderate buy” rating in a research report on Tuesday, April 22nd. Finally, BMO Capital Markets reduced their price target on shares of B2Gold from C$7.00 to C$6.50 in a research report on Monday, March 31st. One analyst has rated the stock with a sell rating, two have given a hold rating, three have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, B2Gold currently has an average rating of “Moderate Buy” and a consensus price target of C$6.11.

Insider Activity

In related news, Director Clive Thomas Johnson sold 103,949 shares of the company’s stock in a transaction dated Wednesday, April 2nd. The shares were sold at an average price of C$4.17, for a total transaction of C$433,467.33. Also, Senior Officer Randall Chatwin sold 8,200 shares of the company’s stock in a transaction dated Monday, June 2nd. The shares were sold at an average price of C$4.97, for a total transaction of C$40,754.00. Insiders have sold 474,941 shares of company stock worth $2,047,466 in the last three months. Company insiders own 0.66% of the company’s stock.

B2Gold Company Profile

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.