1 week Ago By ABMN Staff
National Bank of Canada FI decreased its stake in shares of B2Gold Corp. ( NYSE:BTG – Free Report ) by 6.2% during the 2nd quarter, according to its most recent Form 13F filing with the SEC.
The fund owned 5,065,500 shares of the company’s stock after selling 336,938 shares during the period. National Bank of Canada FI’s holdings in B2Gold were worth $13,571,000 as of its most recent filing with the SEC. Several other large investors have also modified their holdings of the stock.
Equinox Partners Investment Management LLC lifted its holdings in B2Gold by 31.6% in the second quarter. Equinox Partners Investment Management LLC now owns 6,032,986 shares of the company’s stock worth $16,185,000 after acquiring an additional 1,450,000 shares during the last quarter.
Allspring Global Investments Holdings LLC bought a new position in B2Gold in the second quarter worth about $6,912,000. CIBC Asset Management Inc lifted its holdings in B2Gold by 2.0% in the second quarter.
CIBC Asset Management Inc now owns 1,818,734 shares of the company’s stock worth $4,876,000 after acquiring an additional 35,329 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in B2Gold by 7.7% in the second quarter.
Zurcher Kantonalbank Zurich Cantonalbank now owns 308,605 shares of the company’s stock worth $828,000 after acquiring an additional 22,028 shares during the last quarter. Finally, Cadence Wealth Management LLC lifted its holdings in B2Gold by 34.9% in the second quarter.
Cadence Wealth Management LLC now owns 229,370 shares of the company’s stock worth $619,000 after acquiring an additional 59,297 shares during the last quarter. Institutional investors own 61.40% of the company’s stock.
B2Gold Trading Down 1.5 % Shares of NYSE:BTG opened at $2.65 on Friday.
The company has a 50 day moving average price of $2.82. B2Gold Corp.
has a 52 week low of $2.34 and a 52 week high of $3.46.
The firm has a market capitalization of $3.46 billion, a price-to-earnings ratio of -88.33, a P/E/G ratio of 0.
43 and a beta of 1.14. The company has a quick ratio of 1.
74, a current ratio of 2.93 and a debt-to-equity ratio of 0.01.
B2Gold Dividend Announcement The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 23rd. Investors of record on Tuesday, September 10th will be paid a dividend of $0.04 per share.
The ex-dividend date is Tuesday, September 10th. This represents a $0.16 dividend on an annualized basis and a dividend yield of 6.
04%. B2Gold’s dividend payout ratio is presently -533.33%.
Wall Street Analyst Weigh In A number of equities analysts have issued reports on BTG shares. Cormark cut shares of B2Gold from a “moderate buy” rating to a “hold” rating in a report on Monday, August 12th. Jefferies Financial Group raised their price target on shares of B2Gold from $3.
50 to $4.00 and gave the company a “buy” rating in a research note on Friday, July 12th. Scotiabank lowered shares of B2Gold from a “strong-buy” rating to a “hold” rating in a research note on Friday, August 9th.
CIBC raised their price target on shares of B2Gold from $3.40 to $3.50 and gave the company a “neutral” rating in a research note on Wednesday, July 10th.
Finally, Cibc World Mkts upgraded shares of B2Gold from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, August 14th. Three analysts have rated the stock with a hold rating, two have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.
com, B2Gold presently has a consensus rating of “Moderate Buy” and an average target price of $3.75. View Our Latest Analysis on BTG About B2Gold ( 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. Further Reading Want to see what other hedge funds are holding BTG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for B2Gold Corp.
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