B2Gold Corp. (TSE:BTO) Senior Officer Sells C$125,725.50 in Stock

B2Gold Corp. (TSE:BTO) (NYSE:BTG) Senior Officer Randall Chatwin sold 30,150 shares of the firm’s stock in a transaction dated Wednesday, April 2nd. The stock was sold at an average price of C$4.17, for a total value of C$125,725.50.

B2Gold Price Performance

Shares of TSE BTO traded down C$0.06 during midday trading on Thursday, hitting C$4.14. The stock had a trading volume of 1,812,763 shares, compared to its average volume of 3,767,524. The company has a market capitalization of C$3.83 billion, a PE ratio of -4.77, a P/E/G ratio of -0.27 and a beta of 1.23. B2Gold Corp. has a 1 year low of C$3.16 and a 1 year high of C$4.84. The stock has a 50 day simple moving average of C$3.93 and a 200-day simple moving average of C$4.00. The company has a quick ratio of 3.33, a current ratio of 1.83 and a debt-to-equity ratio of 7.51.

B2Gold Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 20th. Investors of record on Thursday, March 20th were issued a $0.02 dividend. This represents a $0.08 dividend on an annualized basis and a dividend yield of 1.93%. The ex-dividend date of this dividend was Friday, March 7th. B2Gold’s dividend payout ratio is currently -25.32%.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the stock. BMO Capital Markets cut their target price on shares of B2Gold from C$7.00 to C$6.50 in a report on Monday. Cormark cut shares of B2Gold from a “moderate buy” rating to a “hold” rating in a report on Monday. TD Securities lowered shares of B2Gold from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, February 4th. Finally, Bank of America lowered 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 given a hold rating and four have given a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of C$5.94.

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.