B2Gold Corp. (TSE:BTO) Director Sells C$339,846.75 in Stock

B2Gold Corp. (TSE:BTO) (NYSE:BTG) Director Clive Thomas Johnson sold 86,475 shares of B2Gold stock in a transaction dated Monday, April 8th. The stock was sold at an average price of C$3.93, for a total transaction of C$339,846.75.

Clive Thomas Johnson also recently made the following trade(s):

• On Thursday, April 4th, Clive Thomas Johnson sold 91,552 shares of B2Gold stock. The stock was sold at an average price of C$3.75, for a total transaction of C$343,320.00.
• On Monday, March 25th, Clive Thomas Johnson sold 22 shares of B2Gold stock. The stock was sold at an average price of C$3.45, for a total transaction of C$75.90.

B2Gold Stock Up 2.5 %

TSE BTO traded up C$0.10 on Friday, hitting C$4.04. 6,400,980 shares of the stock were exchanged, compared to its average volume of 3,588,325. The company has a quick ratio of 3.33, a current ratio of 2.27 and a debt-to-equity ratio of 4.91. B2Gold Corp. has a fifty-two week low of C$3.18 and a fifty-two week high of C$5.87. The company has a market cap of C$5.25 billion, a PE ratio of 417.00, a PEG ratio of -0.27 and a beta of 1.13. The company has a 50-day moving average price of C$3.53 and a 200-day moving average price of C$3.96.

B2Gold (TSE:BTO) (NYSE:BTG) last posted its quarterly earnings results on Wednesday, February 21st. The company reported C$0.10 EPS for the quarter, missing the consensus estimate of C$0.11 by C($0.01). The firm had revenue of C$697.07 million for the quarter. B2Gold had a return on equity of 1.18% and a net margin of 0.52%. Sell-side analysts anticipate that B2Gold Corp. will post 0.3116987 EPS for the current fiscal year.

B2Gold Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 20th. Stockholders of record on Thursday, March 7th were given a dividend of $0.054 per share. The ex-dividend date of this dividend was Wednesday, March 6th. This represents a $0.22 annualized dividend and a dividend yield of 5.35%. B2Gold’s dividend payout ratio is presently 2,200.00%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on BTO shares. BMO Capital Markets reduced their price target on shares of B2Gold from C$6.50 to C$6.00 and set an “outperform” rating on the stock in a research note on Tuesday, March 19th. CIBC dropped their price objective on shares of B2Gold from C$3.60 to C$3.40 and set an “outperform” rating for the company in a report on Wednesday, February 7th. National Bankshares dropped their price objective on shares of B2Gold from C$5.50 to C$5.25 and set an “outperform” rating for the company in a report on Tuesday, February 27th. Stifel Nicolaus dropped their price objective on shares of B2Gold from C$7.00 to C$6.50 and set a “buy” rating for the company in a report on Friday, January 26th. Finally, Scotiabank dropped their price objective on shares of B2Gold from C$6.50 to C$5.50 and set an “outperform” rating for the company in a report on Monday, March 18th. Seven investment analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Buy” and a consensus price target of C$6.02.

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.