1 week Ago By ABMN Staff
Shares of B2Gold Corp. ( NYSE:BTG – Get Free Report ) have been given a consensus rating of “Hold” by the six research firms that are covering the firm, MarketBeat Ratings reports. Five equities research analysts have rated the stock with a hold recommendation and one has assigned a buy recommendation to the company.
The average 12 month target price among analysts that have updated their coverage on the stock in the last year is $4.12. A number of research analysts have recently weighed in on BTG shares.
Royal Bank of Canada restated a “sector perform” rating and set a $3.75 price objective on shares of B2Gold in a research report on Tuesday, September 17th. Cibc World Mkts cut B2Gold from a “strong-buy” rating to a “hold” rating in a report on Tuesday, September 24th.
Jefferies Financial Group upped their price objective on B2Gold from $4.00 to $5.00 and gave the stock a “buy” rating in a report on Friday, October 4th.
CIBC raised their target price on shares of B2Gold from $3.30 to $3.60 and gave the company a “neutral” rating in a report on Tuesday, September 24th.
Finally, StockNews.com downgraded shares of B2Gold from a “buy” rating to a “hold” rating in a research note on Friday, November 8th. View Our Latest Research Report on B2Gold B2Gold Stock Up 0.
4 % B2Gold ( NYSE:BTG – Get Free Report ) last released its earnings results on Wednesday, November 6th. The company reported $0.02 EPS for the quarter, missing the consensus estimate of $0.
05 by ($0.03). The company had revenue of $448.
23 million during the quarter, compared to analysts’ expectations of $449.28 million. B2Gold had a positive return on equity of 7.
53% and a negative net margin of 38.42%. B2Gold’s quarterly revenue was down 6.
2% compared to the same quarter last year. During the same period last year, the firm posted $0.05 EPS.
Research analysts predict that B2Gold will post 0.23 EPS for the current fiscal year. B2Gold Announces Dividend The business also recently announced a quarterly dividend, which was paid on Thursday, December 12th.
Stockholders of record on Monday, December 2nd were issued a $0.04 dividend. This represents a $0.
16 dividend on an annualized basis and a dividend yield of 6.43%. The ex-dividend date of this dividend was Monday, December 2nd.
B2Gold’s dividend payout ratio (DPR) is -28.57%. Hedge Funds Weigh In On B2Gold Several large investors have recently modified their holdings of the stock.
Van ECK Associates Corp increased its position in B2Gold by 40.6% during the third quarter. Van ECK Associates Corp now owns 166,079,133 shares of the company’s stock valued at $566,312,000 after acquiring an additional 47,967,010 shares during the last quarter.
Two Sigma Advisers LP grew its holdings in B2Gold by 66.9% during 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 last quarter.
Connor Clark & Lunn Investment Management Ltd. raised its position in B2Gold by 69.5% in the 3rd quarter.
Connor Clark & Lunn Investment Management Ltd. now owns 11,596,488 shares of the company’s stock worth $35,837,000 after purchasing an additional 4,754,500 shares during the period. American Century Companies Inc.
lifted its stake in B2Gold by 39.4% in the second quarter. American Century Companies Inc.
now owns 12,284,484 shares of the company’s stock worth $33,053,000 after purchasing an additional 3,474,553 shares during the last quarter. Finally, The Manufacturers Life Insurance Company boosted its position in shares of B2Gold by 80.0% during the second quarter.
The Manufacturers Life Insurance Company now owns 7,450,283 shares of the company’s stock valued at $19,957,000 after buying an additional 3,311,970 shares during the period. 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. Recommended Stories 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.
com's FREE daily email newsletter ..
