B2Gold Corp. (TSE:BTO) Director Clive Thomas Johnson Sells 99,465 Shares of Stock

B2Gold Corp. (TSE:BTO) (NYSE:BTG) Director Clive Thomas Johnson sold 99,465 shares of the stock in a transaction dated Tuesday, April 8th. The stock was sold at an average price of C$3.79, for a total transaction of C$376,972.35.

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

• On Wednesday, April 2nd, Clive Thomas Johnson sold 103,949 shares of B2Gold stock. The shares were sold at an average price of C$4.17, for a total transaction of C$433,467.33.
• 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

TSE BTO opened at C$4.07 on Thursday. The company has a fifty day simple moving average of C$4.00 and a 200 day simple moving average of C$3.97. B2Gold Corp. has a 12-month low of C$3.16 and a 12-month high of C$4.84. The company has a current ratio of 1.83, a quick ratio of 3.33 and a debt-to-equity ratio of 7.51. The company has a market cap of C$3.76 billion, a P/E ratio of -4.68, a PEG ratio of -0.27 and a beta of 1.23.

B2Gold Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 20th. Investors of record on Thursday, March 20th were given a $0.02 dividend. This represents a $0.08 annualized dividend and a yield of 1.97%. The ex-dividend date of this dividend was Friday, March 7th. B2Gold’s payout ratio is currently -25.32%.

Analysts Set New Price Targets

A number of research analysts recently issued reports on BTO shares. BMO Capital Markets dropped their price objective on shares of B2Gold from C$7.00 to C$6.50 in a report on Monday, March 31st. Bank of America downgraded shares of B2Gold from a “buy” rating to an “underperform” rating in a research report on Tuesday, January 14th. TD Securities downgraded shares of B2Gold from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, February 4th. Finally, Cormark downgraded shares of B2Gold from a “moderate buy” rating to a “hold” rating in a research report on Monday, March 31st. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus 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.