B2Gold Corp. (TSE:BTO) Senior Officer Ninette Krohnert Sells 16,175 Shares of Stock

B2Gold Corp. (TSE:BTO) (NYSE:BTG) Senior Officer Ninette Krohnert sold 16,175 shares of the company’s stock in a transaction on Wednesday, October 9th. The shares were sold at an average price of C$4.11, for a total value of C$66,479.25.

B2Gold Price Performance

The stock has a 50 day moving average price of C$3.99 and a 200-day moving average price of C$3.82. The stock has a market cap of C$5.61 billion, a P/E ratio of -26.75, a price-to-earnings-growth ratio of -0.27 and a beta of 1.23. The company has a current ratio of 2.93, a quick ratio of 3.33 and a debt-to-equity ratio of 1.05. B2Gold Corp. has a twelve month low of C$3.18 and a twelve month high of C$4.74.

B2Gold (TSE:BTO) (NYSE:BTG) last posted its earnings results on Thursday, August 8th. The company reported C$0.08 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.10 by C($0.02). B2Gold had a negative net margin of 7.23% and a negative return on equity of 3.47%. The company had revenue of C$673.95 million during the quarter. Research analysts anticipate that B2Gold Corp. will post 0.5484293 EPS for the current year.

B2Gold Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, September 23rd. Stockholders of record on Monday, September 23rd were paid a $0.055 dividend. The ex-dividend date of this dividend was Tuesday, September 10th. This represents a $0.22 dividend on an annualized basis and a dividend yield of ∞. B2Gold’s dividend payout ratio (DPR) is currently -137.50%.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on BTO shares. Canaccord Genuity Group reduced their price objective on B2Gold from C$7.50 to C$7.00 and set a “buy” rating on the stock in a research report on Tuesday, August 13th. CIBC set a C$3.30 target price on B2Gold and gave the stock an “outperform” rating in a research report on Wednesday, August 14th. Scotiabank downgraded B2Gold from an “outperform” rating to a “sector perform” rating in a research report on Friday, August 9th. BMO Capital Markets reduced their target price on B2Gold from C$6.50 to C$6.00 and set an “outperform” rating on the stock in a research report on Monday, September 16th. Finally, Cormark increased their target price on B2Gold from C$4.25 to C$5.25 in a research report on Monday, September 23rd. Three equities research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of C$5.92.

B2Gold Company Profile

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.