Shares of B2Gold Corp. (NYSEAMERICAN:BTG – Get Rating) (TSE:BTO) gapped down prior to trading on Tuesday . The stock had previously closed at $3.37, but opened at $3.26. B2Gold shares last traded at $3.20, with a volume of 112,717 shares.

Analyst Ratings Changes

Several analysts recently commented on BTG shares. National Bank Financial cut their target price on B2Gold from C$8.50 to C$8.00 in a research note on Thursday, July 21st. Stifel Nicolaus cut their price objective on shares of B2Gold from C$9.00 to C$7.50 in a research note on Wednesday, July 20th. Finally, TheStreet cut shares of B2Gold from a "b-" rating to a "c+" rating in a research note on Tuesday, August 9th.

B2Gold Trading Down 5.0 %

The company has a debt-to-equity ratio of 0.02, a current ratio of 4.89 and a quick ratio of 3.54. The firm has a market capitalization of $3.40 billion, a PE ratio of 7.84 and a beta of 1.01.

B2Gold Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 29th. Investors of record on Wednesday, September 21st will be paid a $0.04 dividend. The ex-dividend date is Tuesday, September 20th. This represents a $0.16 dividend on an annualized basis and a yield of 5.00%. B2Gold's dividend payout ratio is currently 37.21%.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Dimensional Fund Advisors LP boosted its holdings in B2Gold by 215.9% in the first quarter. Dimensional Fund Advisors LP now owns 9,336,820 shares of the basic materials company's stock worth $42,858,000 after purchasing an additional 6,381,243 shares in the last quarter. Renaissance Technologies LLC boosted its stake in B2Gold by 13.2% during the second quarter. Renaissance Technologies LLC now owns 36,311,055 shares of the basic materials company's stock worth $123,094,000 after buying an additional 4,240,300 shares in the last quarter. First Eagle Investment Management LLC lifted its position in shares of B2Gold by 13.9% during the 1st quarter. First Eagle Investment Management LLC now owns 24,813,175 shares of the basic materials company's stock worth $113,928,000 after buying an additional 3,026,070 shares during the period. Allianz Asset Management GmbH raised its stake in B2Gold by 30.7% during the first quarter. Allianz Asset Management GmbH now owns 10,786,064 shares of the basic materials company's stock worth $49,567,000 after acquiring an additional 2,535,114 shares in the last quarter. Finally, Van ECK Associates Corp lifted its holdings in shares of B2Gold by 2.3% during the first quarter. Van ECK Associates Corp now owns 112,291,382 shares of the basic materials company's stock valued at $515,417,000 after acquiring an additional 2,482,483 shares during the period. 52.70% of the stock is owned by hedge funds and other institutional investors.

About B2Gold

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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.

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