Is St Barbara a good stock to buy?

St Barbara had a negative trailing twelve-month return on equity of 26.30% and a negative net margin of 22.71%. Is St Barbara a good dividend stock? St Barbara (ASX:SBM) pays an annual dividend of A$0.04 per share and currently has a dividend yield of 4.44%.

Why did the St Barbara share price tank?

Adding insult to injury, all-in sustaining costs (AISC) of A$1649/oz was 17% higher. Little wonder why the St Barbara share price tanked yesterday! Gold production from its Gwalia mine was steady in the quarter at 42,700 ounces, which wouldn't be so bad if the broker hadn't pencilled in a 10% increase.

Why is the St Barbara share price halted?

The St Barbara share price was placed in a trading halt this morning after the company announced plans to merge with Genesis Minerals Ltd ( ASX: GMD ). According to the release, the two gold miners plan to merge their Leonora District operations in Western Australia to form a new gold company, Hoover House.