B2Gold Corp. (TSE:BTO) Plans $0.05 Quarterly Dividend

B2Gold Corp. (TSE:BTO) (NYSE:BTG) announced a quarterly dividend on Wednesday, September 20th, Zacks reports. Shareholders of record on Friday, September 29th will be given a dividend of 0.054 per share on Friday, September 29th. This represents a $0.22 annualized dividend and a yield of 5.01%. The ex-dividend date of this dividend is Wednesday, September 20th.

B2Gold Stock Down 0.9 %

BTO opened at C$4.31 on Tuesday. B2Gold has a 12 month low of C$3.86 and a 12 month high of C$5.87. The company has a current ratio of 2.79, a quick ratio of 3.33 and a debt-to-equity ratio of 1.34. The business’s 50-day moving average price is C$4.38 and its 200-day moving average price is C$4.88. The company has a market cap of C$5.60 billion, a P/E ratio of 11.65, a P/E/G ratio of -0.27 and a beta of 0.96.

B2Gold (TSE:BTO) (NYSE:BTG) last posted its quarterly earnings results on Wednesday, August 2nd. The company reported C$0.09 earnings per share (EPS) for the quarter, topping the consensus estimate of C$0.07 by C$0.02. B2Gold had a return on equity of 9.78% and a net margin of 15.59%. The business had revenue of C$632.48 million for the quarter, compared to analyst estimates of C$577.54 million. On average, equities analysts expect that B2Gold will post 0.4277048 EPS for the current year.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group decreased their price objective on shares of B2Gold from C$9.00 to C$8.00 and set a “buy” rating on the stock in a research report on Monday, July 24th. Four research analysts have rated the stock with a buy rating, According to MarketBeat.com, B2Gold currently has an average rating of “Buy” and an average price target of C$7.33.

About B2Gold

B2Gold Corp. operates as a gold producer with three operating mines in Mali, the Philippines, and Namibia. It operates the Fekola Mine in Mali, the Masbate Mine in the Philippines, and the Otjikoto Mine in Namibia. The company also has an 25% interest in the Calibre Mining Corp.; and approximately 19% interest in BeMetals Corp.