2 weeks Ago By ABMN Staff
Shares of B2Gold Corp. ( NYSE:BTG – Get Free Report ) have received an average rating of “Hold” from the six analysts that are currently covering the firm, MarketBeat.com reports.
Five analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is $4.12.
Several equities research analysts recently weighed in on the stock. StockNews.com downgraded shares of B2Gold from a “buy” rating to a “hold” rating in a research note on Friday, November 8th.
Cibc World Mkts lowered B2Gold from a “strong-buy” rating to a “hold” rating in a report on Tuesday, September 24th. Royal Bank of Canada reissued a “sector perform” rating and set a $3.75 target price on shares of B2Gold in a research note on Tuesday, September 17th.
Scotiabank lowered B2Gold from a “strong-buy” rating to a “hold” rating in a research report on Friday, August 9th. Finally, CIBC boosted their price objective on B2Gold from $3.30 to $3.
60 and gave the stock a “neutral” rating in a research report on Tuesday, September 24th. Read Our Latest Research Report on B2Gold B2Gold Stock Up 2.1 % B2Gold ( NYSE:BTG – Get Free Report ) last posted its earnings results on Wednesday, November 6th.
The company reported $0.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.05 by ($0.
03). The firm had revenue of $448.23 million for the quarter, compared to analyst estimates of $449.
28 million. B2Gold had a positive return on equity of 7.53% and a negative net margin of 38.
42%. B2Gold’s revenue was down 6.2% on a year-over-year basis.
During the same period in the previous year, the company posted $0.05 EPS. On average, sell-side analysts expect that B2Gold will post 0.
23 EPS for the current fiscal year. B2Gold Announces Dividend The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 12th. Stockholders of record on Monday, December 2nd will be given a dividend of $0.
04 per share. The ex-dividend date of this dividend is Monday, December 2nd. This represents a $0.
16 annualized dividend and a dividend yield of 5.48%. B2Gold’s dividend payout ratio is currently -28.
57%. Institutional Inflows and Outflows A number of hedge funds have recently made changes to their positions in the business. Van ECK Associates Corp boosted its holdings in B2Gold by 40.
6% in the third quarter. Van ECK Associates Corp now owns 166,079,133 shares of the company’s stock valued at $566,312,000 after purchasing an additional 47,967,010 shares in the last quarter. FMR LLC boosted its stake in B2Gold by 0.
7% in the third quarter. FMR LLC now owns 59,489,129 shares of the company’s stock valued at $183,862,000 after acquiring an additional 438,399 shares in the last quarter. Two Sigma Advisers LP boosted its position in shares of B2Gold by 66.
9% in the 3rd quarter. Two Sigma Advisers LP now owns 17,875,880 shares of the company’s stock valued at $55,058,000 after purchasing an additional 7,165,600 shares during the period. Bank of Montreal Can lifted its stake in B2Gold by 2.
2% in the second quarter. Bank of Montreal Can now owns 13,158,780 shares of the company’s stock valued at $34,824,000 after buying an additional 282,070 shares during the last quarter. Finally, American Century Companies Inc.
boosted its holdings in shares of B2Gold by 39.4% in the second quarter. American Century Companies Inc.
now owns 12,284,484 shares of the company’s stock valued at $33,053,000 after acquiring an additional 3,474,553 shares during the period. Hedge funds and other institutional investors own 61.40% of the company’s stock.
B2Gold Company Profile ( Get Free Report 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. Featured Articles Receive News & Ratings for B2Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for B2Gold and related companies with MarketBeat.
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