Clive Thomas Johnson Sells 103,949 Shares of B2Gold Corp. (TSE:BTO) Stock

B2Gold Corp. (TSE:BTO) (NYSE:BTG) Director Clive Thomas Johnson sold 103,949 shares of the stock in a transaction dated Wednesday, April 2nd. The stock was sold at an average price of C$4.17, for a total transaction of C$433,467.33.

Clive Thomas Johnson also recently made the following trade(s):

• On Monday, March 10th, Clive Thomas Johnson sold 86,496 shares of B2Gold stock. The shares were sold at an average price of C$3.85, for a total transaction of C$333,009.60.

B2Gold Stock Performance

Shares of TSE BTO opened at C$3.78 on Friday. The firm’s 50-day moving average price is C$3.95 and its 200-day moving average price is C$4.00. B2Gold Corp. has a 52-week low of C$3.16 and a 52-week high of C$4.84. The company has a market cap of C$3.49 billion, a PE ratio of -4.35, a PEG ratio of -0.27 and a beta of 1.23. The company has a quick ratio of 3.33, a current ratio of 1.83 and a debt-to-equity ratio of 7.51.

B2Gold Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 20th. Investors of record on Thursday, March 20th were issued a $0.02 dividend. This represents a $0.08 annualized dividend and a yield of 2.12%. The ex-dividend date was Friday, March 7th. B2Gold’s dividend payout ratio is currently -25.32%.

Wall Street Analyst Weigh In

Several research firms recently weighed in on BTO. TD Securities downgraded B2Gold from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, February 4th. Bank of America cut B2Gold from a “buy” rating to an “underperform” rating in a research note on Tuesday, January 14th. BMO Capital Markets dropped their price target on shares of B2Gold from C$7.00 to C$6.50 in a research note on Monday, March 31st. Finally, Cormark lowered shares of B2Gold from a “moderate buy” rating to a “hold” rating in a research note on Monday, March 31st. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of C$5.94.

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.