B2Gold (TSE:BTO) Stock Price Up 3.8% - Here's What Happened

B2Gold Corp. (TSE:BTO - Get Free Report) NYSE: BTG shares rose 3.8% on Monday . The stock traded as high as C$4.68 and last traded at C$4.64. Approximately 2,343,901 shares traded hands during trading, a decline of 40% from the average daily volume of 3,892,442 shares. The stock had previously closed at C$4.47.Wall Street Analyst Weigh InSeveral equities research analysts recently issued reports on the stock. BMO Capital Markets dropped their target price on shares of B2Gold from C$7.00 to C$6.50 in a report on Monday, March 31st. TD Securities lowered B2Gold from a "strong-buy" rating to a "hold" rating in a report on Tuesday, February 4th. Cormark downgraded B2Gold from a "moderate buy" rating to a "hold" rating in a report on Monday, March 31st. Finally, Bank of America downgraded B2Gold from a "buy" rating to an "underperform" rating in a research note on Tuesday, January 14th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and four have issued a buy rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Hold" and an average price target of C$5.94.Check Out Our Latest Stock Analysis on B2GoldB2Gold Stock Up 5.1 %The company has a 50-day simple moving average of C$4.03 and a 200 day simple moving average of C$3.98. The company has a current ratio of 1.83, a quick ratio of 3.33 and a debt-to-equity ratio of 7.51. The company has a market cap of C$4.34 billion, a P/E ratio of -5.41, a P/E/G ratio of -0.27 and a beta of 1.23. B2Gold Cuts DividendThe business also recently announced a quarterly dividend, which was paid on Thursday, March 20th. Stockholders of record on Thursday, March 20th were given a dividend of $0.02 per share. This represents a $0.08 dividend on an annualized basis and a dividend yield of 1.70%. The ex-dividend date was Friday, March 7th. B2Gold's dividend payout ratio (DPR) is presently -25.32%. Insider Activity at B2GoldIn other B2Gold news, Director Clive Thomas Johnson sold 86,496 shares of the business's stock in a transaction dated Monday, March 10th. The shares were sold at an average price of C$3.85, for a total value of C$333,009.60. Also, Senior Officer William Lytle sold 54,062 shares of the business's stock in a transaction that occurred on Monday, March 10th. The stock was sold at an average price of C$3.85, for a total transaction of C$208,138.70. Over the last quarter, insiders sold 415,145 shares of company stock worth $1,635,577. Company insiders own 0.66% of the company's stock. About B2Gold (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 ArticlesFive stocks we like better than B2GoldHow to Invest in Biotech StocksWhy NVIDIA Stock Could Soar Despite Wall Street DowngradesShould You Invest in Penny Stocks?Top 3 Large Cap Stocks Insiders Bought in Q1: Buy, Sell, or HoldHigh Dividend REITs: Are They an Ideal Way to Diversify?3 Hot New IPOs Defying the 2025 Market SlumpThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in B2Gold Right Now?Before you consider B2Gold, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and B2Gold wasn't on the list.While B2Gold currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here