Insider Selling: B2Gold (TSE:BTO) Insider Sells C$82,843.32 in Stock

B2Gold Corp. (TSE:BTO) (NYSE:BTG) insider Randall Chatwin sold 14,089 shares of B2Gold stock in a transaction on Friday, July 3rd. The stock was sold at an average price of C$5.88, for a total transaction of C$82,843.32. Following the sale, the insider directly 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 stock was sold at an average price of C$6.33, for a total value of C$429,534.81.

B2Gold Trading Down 3.8%

BTO opened at C$5.37 on Thursday. The stock has a market capitalization of C$7.16 billion, a PE ratio of 14.13, a P/E/G ratio of -0.27 and a beta of 1.73. The firm’s fifty day moving average price is C$6.17 and its 200 day moving average price is C$6.57. The company has a debt-to-equity ratio of 14.16, a current ratio of 1.19 and a quick ratio of 3.33. B2Gold Corp. has a 12-month low of C$4.56 and a 12-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 firm 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%. As a group, research analysts expect that B2Gold Corp. will post 0.5596659 EPS for the current fiscal year.

B2Gold Dividend Announcement

The firm also recently announced 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 annualized dividend and a yield of 1.5%. B2Gold’s payout ratio is presently 21.05%.

Analyst Upgrades and Downgrades

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