B2Gold Corp. (TSE:BTO) Senior Officer Sells C$45,300.00 in Stock

B2Gold Corp. (TSE:BTO) (NYSE:BTG) Senior Officer Randall Chatwin sold 10,000 shares of the firm’s stock in a transaction on Monday, September 16th. The stock was sold at an average price of C$4.53, for a total value of C$45,300.00.

B2Gold Stock Performance

TSE:BTO opened at C$4.54 on Friday. B2Gold Corp. has a 12 month low of C$3.18 and a 12 month high of C$4.74. The company has a debt-to-equity ratio of 1.05, a current ratio of 2.93 and a quick ratio of 3.33. The firm has a market capitalization of C$5.95 billion, a PE ratio of -28.38, a price-to-earnings-growth ratio of -0.27 and a beta of 1.21. The business’s fifty day moving average price is C$3.94 and its 200 day moving average price is C$3.75.

B2Gold (TSE:BTO) (NYSE:BTG) last released its quarterly earnings data on Thursday, August 8th. The company reported C$0.08 EPS for the quarter, missing analysts’ consensus estimates of C$0.10 by C($0.02). The business had revenue of C$673.95 million during the quarter. B2Gold had a negative net margin of 7.23% and a negative return on equity of 3.47%. On average, sell-side analysts anticipate that B2Gold Corp. will post 0.6237337 earnings per share for the current fiscal year.

B2Gold Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 23rd. Shareholders of record on Monday, September 23rd will be issued a dividend of $0.055 per share. The ex-dividend date of this dividend is Tuesday, September 10th. This represents a $0.22 dividend on an annualized basis and a yield of 4.85%. B2Gold’s payout ratio is currently -137.50%.

Analyst Ratings Changes

A number of brokerages recently commented on BTO. BMO Capital Markets lowered their target price on B2Gold from C$6.50 to C$6.00 and set an “outperform” rating for the company in a report on Monday, September 16th. CIBC set a C$3.30 price objective on shares of B2Gold and gave the company an “outperform” rating in a report on Wednesday, August 14th. Cormark lowered shares of B2Gold from a “moderate buy” rating to a “hold” rating in a report on Monday, August 12th. Canaccord Genuity Group dropped their price target on shares of B2Gold from C$7.50 to C$7.00 and set a “buy” rating for the company in a research note on Tuesday, August 13th. Finally, Cibc World Mkts upgraded B2Gold from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, August 14th. Two investment analysts have rated the stock with a hold rating, seven have issued a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, B2Gold has an average rating of “Buy” and a consensus price target 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.