Insider Selling: B2Gold Corp. (TSE:BTO) Senior Officer Sells 6,095 Shares of Stock

B2Gold Corp. (TSE:BTO) (NYSE:BTG) Senior Officer Randall Chatwin sold 6,095 shares of the business’s stock in a transaction dated Thursday, November 14th. The shares were sold at an average price of C$3.74, for a total value of C$22,795.30.

Randall Chatwin also recently made the following trade(s):

• On Friday, October 4th, Randall Chatwin sold 5,000 shares of B2Gold stock. The shares were sold at an average price of C$4.27, for a total transaction of C$21,350.00.
• On Monday, September 16th, Randall Chatwin sold 10,000 shares of B2Gold stock. The stock was sold at an average price of C$4.53, for a total value of C$45,300.00.

B2Gold Price Performance

TSE BTO opened at C$3.97 on Thursday. The company has a 50-day moving average price of C$4.31 and a two-hundred day moving average price of C$3.96. The stock has a market cap of C$5.20 billion, a price-to-earnings ratio of -23.35, a price-to-earnings-growth ratio of -0.27 and a beta of 1.23. The company has a current ratio of 2.93, a quick ratio of 3.33 and a debt-to-equity ratio of 1.05. B2Gold Corp. has a 52 week low of C$3.18 and a 52 week high of C$4.84.

B2Gold Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 12th. Shareholders of record on Monday, December 2nd will be paid a dividend of $0.054 per share. This represents a $0.22 annualized dividend and a yield of 5.44%. The ex-dividend date of this dividend is Monday, December 2nd. B2Gold’s payout ratio is currently -129.41%.

Analysts Set New Price Targets

BTO has been the subject of a number of analyst reports. BMO Capital Markets decreased their price target 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. Stifel Nicolaus lifted their price objective on B2Gold from C$6.00 to C$6.50 in a report on Monday, October 21st. Cibc World Mkts cut B2Gold from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, September 24th. Cormark lifted their price target on shares of B2Gold from C$4.25 to C$5.25 in a research note on Monday, September 23rd. Finally, CIBC set a C$3.30 price objective on shares of B2Gold and gave the company an “outperform” rating in a research note on Wednesday, August 14th. Three analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to MarketBeat.com, B2Gold has a consensus rating of “Moderate Buy” and a consensus target price of C$5.66.

About B2Gold

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.