B2Gold Corp. (TSE:BTO) Senior Officer Thomas Garagan Sells 34,100 Shares of Stock

B2Gold Corp. (TSE:BTO) (NYSE:BTG) Senior Officer Thomas Garagan sold 34,100 shares of the stock in a transaction dated Monday, August 12th. The stock was sold at an average price of C$5.00, for a total transaction of C$170,500.00. Following the transaction, the insider now owns 2,886,924 shares of the company’s stock, valued at approximately C$14,434,620.

Thomas Garagan also recently made the following trade(s):

  • On Wednesday, August 14th, Thomas Garagan sold 290,900 shares of B2Gold stock. The stock was sold at an average price of C$4.85, for a total transaction of C$1,410,865.00.

Shares of BTO stock traded down C$0.20 during trading hours on Friday, reaching C$4.73. The stock had a trading volume of 3,541,100 shares, compared to its average volume of 3,318,518. The stock’s fifty day simple moving average is C$4.32 and its 200 day simple moving average is C$3.93. The company has a current ratio of 2.17, a quick ratio of 0.62 and a debt-to-equity ratio of 25.39. B2Gold Corp. has a 12 month low of C$2.78 and a 12 month high of C$5.36. The firm has a market capitalization of $4.79 billion and a PE ratio of 430.00.



A number of equities analysts have weighed in on BTO shares. Pi Financial increased their target price on shares of B2Gold from C$5.10 to C$5.50 in a research report on Wednesday, July 24th. Raymond James reiterated an “outperform” rating and set a C$4.50 target price on shares of B2Gold in a research report on Wednesday, July 3rd. National Bank Financial increased their target price on shares of B2Gold from C$6.75 to C$7.00 and gave the stock an “outperform” rating in a research report on Friday, June 28th. Canaccord Genuity increased their target price on shares of B2Gold from C$6.25 to C$6.50 in a research report on Friday, July 19th. Finally, Bank of America increased their target price on shares of B2Gold from C$5.10 to C$5.50 in a research report on Friday. Six investment analysts have rated the stock with a buy rating, The company currently has a consensus rating of “Buy” and an average target price of C$5.80.

About B2Gold

B2Gold Corp., together with its subsidiaries, engages in the exploration and development of mineral properties for gold deposits in Nicaragua, the Philippines, Mali, Colombia, Burkina Faso, and Namibia. The company primarily holds 80% interest in the Fekola mine, an open pit gold mine located in Mali; 90% interest in the Otjikoto gold mine located north of Windhoek, Namibia; the Masbate gold project located in the south-east of Manila, the Philippines; and 100% interest in the El Limon mine, an underground gold mine located in northwestern Nicaragua.

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