Insider Selling: B2Gold (TSE:BTO) Insider Sells C$145,000.00 in Stock

B2Gold Corp. (TSE:BTO) (NYSE:BTG) insider Randall Chatwin sold 20,000 shares of the business’s stock in a transaction that occurred on Friday, February 20th. The shares were sold at an average price of C$7.25, for a total value of C$145,000.00. Following the completion of the sale, the insider owned 6,199 shares in the company, valued at C$44,942.75. The trade was a 76.34% decrease in their position.

B2Gold Trading Up 0.1%

TSE:BTO opened at C$8.47 on Friday. The company has a market cap of C$11.32 billion, a P/E ratio of 56.47, a price-to-earnings-growth ratio of -0.27 and a beta of 1.02. B2Gold Corp. has a twelve month low of C$3.62 and a twelve month high of C$8.51. The business has a 50 day moving average price of C$6.90 and a two-hundred day moving average price of C$6.48. 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 (TSE:BTO) (NYSE:BTG) last announced its quarterly earnings data on Wednesday, February 18th. The company reported C$0.15 EPS for the quarter. B2Gold had a negative net margin of 38.20% and a negative return on equity of 20.27%. The business had revenue of C$1.41 billion for the quarter. As a group, analysts expect that B2Gold Corp. will post 0.5596659 EPS for the current fiscal year.

B2Gold Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, December 15th. Shareholders of record on Monday, December 15th were given a dividend of $0.02 per share. The ex-dividend date of this dividend was Tuesday, December 2nd. This represents a $0.08 annualized dividend and a yield of 0.9%. B2Gold’s payout ratio is 66.67%.

Analyst Upgrades and Downgrades

BTO has been the subject of a number of recent research reports. Stifel Nicolaus reduced their price objective on shares of B2Gold from C$11.50 to C$10.50 in a research note on Tuesday, November 11th. Cormark cut B2Gold from a “moderate buy” rating to a “hold” rating in a research report on Friday, November 7th. Finally, National Bank Financial raised their price target on B2Gold from C$9.25 to C$10.00 and gave the company an “outperform” rating in a research note on Tuesday, December 9th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, B2Gold currently has an average rating of “Buy” and an average target price of C$8.31.

About B2Gold

B2Gold Corp is an international, low-cost, senior gold mining company. It has three operating open-pit gold mines in Mali, Namibia, and the Philippines and numerous exploration projects across four continents. Other significant assets include the Gramalote and Kiaka gold projects. The company focuses on acquiring and developing interests in mineral properties with a primary focus on gold deposits as gold production forms all its revenue. There is no dependence on a particular purchaser because the gold is sold into a global market.