Insider Selling: B2Gold Corp. (TSE:BTO) Senior Officer Sells 12,510 Shares of Stock

B2Gold Corp. (TSE:BTO) (NYSE:BTG) Senior Officer Eduard Bartz sold 12,510 shares of the company’s stock in a transaction that occurred on Monday, April 8th. The shares were sold at an average price of C$3.93, for a total value of C$49,164.30.

B2Gold Trading Up 1.3 %

B2Gold stock opened at C$3.94 on Friday. B2Gold Corp. has a 12-month low of C$3.18 and a 12-month high of C$5.87. The company has a debt-to-equity ratio of 4.91, a current ratio of 2.27 and a quick ratio of 3.33. The stock has a market capitalization of C$5.12 billion, a PE ratio of 394.00, a price-to-earnings-growth ratio of -0.27 and a beta of 1.13. The firm has a 50 day simple moving average of C$3.53 and a 200-day simple moving average of C$3.96.

B2Gold (TSE:BTO) (NYSE:BTG) last released its earnings results on Wednesday, February 21st. The company reported C$0.10 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.11 by C($0.01). B2Gold had a return on equity of 1.18% and a net margin of 0.52%. The firm had revenue of C$697.07 million during the quarter. As a group, equities research analysts expect that B2Gold Corp. will post 0.3116987 EPS for the current fiscal year.

B2Gold Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 20th. Investors of record on Thursday, March 7th were issued a dividend of $0.054 per share. This represents a $0.22 dividend on an annualized basis and a yield of 5.48%. The ex-dividend date was Wednesday, March 6th. B2Gold’s payout ratio is currently 2,200.00%.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on BTO shares. National Bankshares reduced their price objective on B2Gold from C$5.50 to C$5.25 and set an “outperform” rating for the company in a research report on Tuesday, February 27th. Stifel Nicolaus reduced their price target 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. Scotiabank dropped their price objective on shares of B2Gold from C$6.50 to C$5.50 and set an “outperform” rating on the stock in a report on Monday, March 18th. Canaccord Genuity Group reduced their target price on shares of B2Gold from C$8.00 to C$7.25 and set a “buy” rating for the company in a research note on Thursday, January 25th. Finally, BMO Capital Markets decreased their target price on shares of B2Gold from C$6.50 to C$6.00 and set an “outperform” rating for the company in a research report on Tuesday, March 19th. Seven investment analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, B2Gold presently has a consensus 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.