B2Gold (TSE:BTO) Insider Sells C$14,864.64 in Stock

B2Gold Corp. (TSE:BTO) (NYSE:BTG) insider Peter Dominic Montano sold 2,528 shares of the firm’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$14,864.64. Following the completion of the transaction, the insider owned 6,629 shares of the company’s stock, valued at C$38,978.52. The trade was a 27.61% decrease in their position.

Peter Dominic Montano also recently made the following trade(s):

• On Thursday, July 2nd, Peter Dominic Montano sold 61 shares of B2Gold stock. The stock was sold at an average price of C$5.73, for a total value of C$349.53.
• On Wednesday, June 17th, Peter Dominic Montano sold 61,254 shares of B2Gold stock. The shares were sold at an average price of C$6.51, for a total value of C$398,763.54.

B2Gold Stock Down 3.8%

BTO stock opened at C$5.37 on Thursday. The company has a quick ratio of 3.33, a current ratio of 1.19 and a debt-to-equity ratio of 14.16. The business has a 50 day moving average price of C$6.17 and a two-hundred day moving average price of C$6.57. The company has a market cap of C$7.16 billion, a price-to-earnings ratio of 14.13, a P/E/G ratio of -0.27 and a beta of 1.73. B2Gold Corp. has a twelve month low of C$4.56 and a twelve month high of C$8.60.

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

B2Gold Announces Dividend

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

Analyst Ratings Changes

Separately, National Bank Financial lifted 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 assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target 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.