B2Gold (TSE:BTO) Insider Randall Chatwin Sells 14,089 Shares of Stock

B2Gold Corp. (TSE:BTO) (NYSE:BTG) insider Randall Chatwin sold 14,089 shares of the business’s stock in a transaction dated Friday, July 3rd. The shares were sold at an average price of C$5.88, for a total value of C$82,843.32. Following the completion of the transaction, the insider owned 141,989 shares in the company, valued at C$834,895.32. This trade represents a 9.03% decrease in their position.

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

• On Friday, May 22nd, Randall Chatwin sold 67,857 shares of B2Gold stock. The shares were sold at an average price of C$6.33, for a total value of C$429,534.81.

B2Gold Price Performance

B2Gold stock opened at C$5.76 on Tuesday. B2Gold Corp. has a 12 month low of C$4.56 and a 12 month high of C$8.60. The company has a debt-to-equity ratio of 14.16, a current ratio of 1.19 and a quick ratio of 3.33. The business has a 50 day simple moving average of C$6.21 and a 200-day simple moving average of C$6.58. The stock has a market capitalization of C$7.67 billion, a PE ratio of 15.16, a price-to-earnings-growth ratio of -0.27 and a beta of 1.73.

B2Gold (TSE:BTO) (NYSE:BTG) last posted its quarterly earnings data on Wednesday, May 6th. The company reported C$0.26 earnings per share for the quarter. The firm had revenue of C$1.61 billion for the quarter. B2Gold had a net margin of 14.78% and a return on equity of 15.70%. Equities analysts predict that B2Gold Corp. will post 0.5596659 earnings per share for the current year.

B2Gold Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 23rd. Investors of record on Tuesday, June 23rd were given a $0.02 dividend. The ex-dividend date was Wednesday, June 10th. This represents a $0.08 dividend on an annualized basis and a yield of 1.4%. B2Gold’s dividend payout ratio (DPR) is presently 21.05%.

Key Headlines Impacting B2Gold

Here are the key news stories impacting B2Gold this week:

• Neutral Sentiment: Several B2Gold insiders, including directors and executives, sold shares over July 2-3 at prices between C$5.73 and C$5.88. The sales were relatively small individually, but the number of transactions may signal some profit-taking or reduced near-term insider conviction. B2Gold’s new CEO gets his Goose test
• Neutral Sentiment: The Northern Miner article on B2Gold’s new CEO and the “Goose test” points to investor focus on execution at a major project, which could be a near-term catalyst if operations and guidance improve. B2Gold’s new CEO gets his Goose test
• Negative Sentiment: The heavier wave of insider selling, including larger dispositions by Randall Chatwin, William Lytle, and others, may be weighing on sentiment because investors often view clustered insider sales as a cautious signal, even if the shares sold are modest relative to total holdings. B2Gold’s new CEO gets his Goose test

Wall Street Analysts Forecast Growth

Separately, National Bank Financial boosted their target price on B2Gold from C$10.00 to C$10.70 and gave the stock an “outperform” rating in a research report on Tuesday, May 12th. One analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of C$9.15.

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.