B2Gold (TSE:BTO) Insider Sells C$27,636.00 in Stock

B2Gold Corp. (TSE:BTO) (NYSE:BTG) insider Ninette Krohnert sold 4,700 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 transaction of C$27,636.00. Following the transaction, the insider owned 62,557 shares in the company, valued at C$367,835.16. This represents a 6.99% decrease in their position.

B2Gold Trading Down 0.7%

TSE BTO opened at C$5.43 on Friday. The firm has a market capitalization of C$7.24 billion, a PE ratio of 14.29, a P/E/G ratio of -0.27 and a beta of 1.73. The stock’s 50 day moving average is C$6.15 and its 200 day moving average is C$6.55. B2Gold Corp. has a twelve month low of C$4.56 and a twelve month high of C$8.60. The company has a quick ratio of 3.33, a current ratio of 1.19 and a debt-to-equity ratio of 14.16.

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

B2Gold Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 23rd. Shareholders of record on Tuesday, June 23rd were paid a dividend of $0.02 per share. The ex-dividend date was Wednesday, June 10th. This represents a $0.08 dividend on an annualized basis and a yield of 1.5%. B2Gold’s payout ratio is presently 21.05%.

Analyst Upgrades and Downgrades

Separately, National Bank Financial increased their price objective on shares of B2Gold from C$10.00 to C$10.70 and gave the company an “outperform” rating in a research report on Tuesday, May 12th. One equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of C$9.15.

B2Gold Company Profile

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.