B2Gold (TSE:BTO) Downgraded to Hold Rating by Cormark

Cormark downgraded shares of B2Gold (TSE:BTO) (NYSE:BTG) from a moderate buy rating to a hold rating in a research note released on Friday,Zacks.com reports. Cormark also issued estimates for B2Gold’s Q4 2025 earnings at $0.36 EPS and FY2025 earnings at $0.87 EPS.

BTO has been the topic of a number of other reports. Bank of America lifted their price target on B2Gold from C$5.35 to C$6.25 in a report on Thursday, October 16th. Stifel Nicolaus raised their target price on B2Gold from C$7.50 to C$11.50 in a research report on Monday, October 20th. One analyst has rated the stock with a Strong Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of C$7.63.

B2Gold Stock Up 2.2%

TSE:BTO traded up C$0.12 on Friday, hitting C$5.48. The stock had a trading volume of 13,029,884 shares, compared to its average volume of 4,237,371. B2Gold has a 1 year low of C$3.16 and a 1 year high of C$8.35. The firm’s fifty day simple moving average is C$6.63 and its two-hundred day simple moving average is C$5.44. The company has a debt-to-equity ratio of 7.51, a quick ratio of 3.33 and a current ratio of 1.83. The stock has a market cap of C$7.29 billion, a P/E ratio of -15.66, a price-to-earnings-growth ratio of -0.27 and a beta of 0.96.

B2Gold Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 23rd. Investors of record on Tuesday, September 23rd were issued a $0.02 dividend. The ex-dividend date of this dividend was Wednesday, September 10th. This represents a $0.08 annualized dividend and a yield of 1.5%. B2Gold’s dividend payout ratio (DPR) is -34.29%.

Insiders Place Their Bets

In other B2Gold news, insider William Lytle sold 817,121 shares of the business’s stock in a transaction on Tuesday, October 7th. The shares were sold at an average price of C$7.33, for a total transaction of C$5,989,496.93. Following the sale, the insider owned 38,975 shares of the company’s stock, valued at C$285,686.75. The trade was a 95.45% decrease in their position. Also, insider Randall Chatwin sold 7,000 shares of the stock in a transaction on Wednesday, August 13th. The stock was sold at an average price of C$5.33, for a total value of C$37,310.00. Following the sale, the insider owned 40,199 shares in the company, valued at approximately C$214,260.67. This represents a 14.83% decrease in their position. Insiders sold 1,305,095 shares of company stock worth $9,529,870 in the last three months. Insiders own 0.66% of the company’s stock.

B2Gold Company Profile

B2Gold Corp is an international, low-cost, senior gold mining company. It has three operating open-pit gold mines in Mali, Namibia, and the Philippines and numerous exploration projects across four continents. Other significant assets include the Gramalote and Kiaka gold projects. The company focuses on acquiring and developing interests in mineral properties with a primary focus on gold deposits as gold production forms all its revenue.