Clive Thomas Johnson Sells 86,475 Shares of B2Gold Corp. (TSE:BTO) Stock

B2Gold Corp. (TSE:BTO) (NYSE:BTG) Director Clive Thomas Johnson sold 86,475 shares of the 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 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 Performance

BTO stock opened at C$3.98 on Friday. The company has a debt-to-equity ratio of 4.91, a quick ratio of 3.33 and a current ratio of 2.27. The stock has a market capitalization of C$5.17 billion, a price-to-earnings ratio of 398.00, a PEG ratio of -0.27 and a beta of 1.13. B2Gold Corp. has a 1 year low of C$3.18 and a 1 year high of C$5.87. The stock’s fifty day moving average is C$3.53 and its two-hundred day moving average is C$3.96.

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

B2Gold Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, March 20th. Shareholders of record on Thursday, March 7th were paid a $0.054 dividend. This represents a $0.22 dividend on an annualized basis and a yield of 5.43%. The ex-dividend date of this dividend was Wednesday, March 6th. B2Gold’s payout ratio is 2,200.00%.

Analyst Ratings Changes

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