Paragon Capital Management Ltd Has $242,000 Holdings in B2Gold Corp. (NYSE:BTG)

Paragon Capital Management Ltd lessened its stake in B2Gold Corp. (NYSE:BTG) by 15.9% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 84,859 shares of the company’s stock after selling 16,053 shares during the quarter. Paragon Capital Management Ltd’s holdings in B2Gold were worth $242,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Cantor Fitzgerald L. P. acquired a new stake in shares of B2Gold in the 4th quarter valued at approximately $25,000. Groupama Asset Managment acquired a new stake in shares of B2Gold in the 4th quarter valued at approximately $29,000. Schonfeld Strategic Advisors LLC acquired a new stake in shares of B2Gold in the 4th quarter valued at approximately $30,000. Signaturefd LLC boosted its holdings in shares of B2Gold by 176.1% in the 4th quarter. Signaturefd LLC now owns 12,935 shares of the company’s stock valued at $32,000 after buying an additional 8,250 shares during the last quarter. Finally, Walker Asset Management LLC acquired a new stake in shares of B2Gold in the 1st quarter valued at approximately $32,000. Institutional investors and hedge funds own 61.40% of the company’s stock.

B2Gold Stock Up 3.3%

BTG stock opened at $3.71 on Friday. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.83 and a quick ratio of 1.08. The stock has a market capitalization of $4.90 billion, a price-to-earnings ratio of -7.73, a PEG ratio of 0.33 and a beta of 0.44. The business’s fifty day moving average price is $3.21 and its two-hundred day moving average price is $2.86. B2Gold Corp. has a fifty-two week low of $2.20 and a fifty-two week high of $3.81.

B2Gold (NYSE:BTG) last posted its quarterly earnings data on Wednesday, May 7th. The company reported $0.09 earnings per share for the quarter, topping the consensus estimate of $0.08 by $0.01. B2Gold had a positive return on equity of 5.65% and a negative net margin of 33.12%. The firm’s revenue for the quarter was up 15.3% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.06 EPS. On average, equities analysts anticipate that B2Gold Corp. will post 0.4 earnings per share for the current year.

B2Gold Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 24th. Shareholders of record on Wednesday, June 11th will be given a dividend of $0.02 per share. This represents a $0.08 annualized dividend and a yield of 2.16%. The ex-dividend date is Wednesday, June 11th. B2Gold’s payout ratio is -17.02%.

Wall Street Analyst Weigh In

Several research firms have recently commented on BTG. Raymond James reissued an “outperform” rating and issued a $4.50 price objective on shares of B2Gold in a report on Friday, April 4th. CIBC raised their price target on B2Gold from $3.30 to $3.60 and gave the company a “neutral” rating in a report on Thursday, March 20th. Wall Street Zen raised B2Gold from a “hold” rating to a “buy” rating in a report on Thursday, May 8th. National Bankshares reaffirmed an “outperform” rating on shares of B2Gold in a report on Wednesday, April 2nd. Finally, Scotiabank raised B2Gold from a “hold” rating to a “strong-buy” rating in a report on Monday, April 14th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating, four have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $4.21.

B2Gold 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.