B2Gold Corp. (TSE:BTO) (NYSE:BTG) Senior Officer Hugh Mackinnon sold 15,000 shares of the business’s stock in a transaction on Tuesday, July 9th. The shares were sold at an average price of C$4.03, for a total transaction of C$60,450.00. Following the completion of the sale, the insider now directly owns 322,654 shares in the company, valued at approximately C$1,300,295.62.
Hugh Mackinnon also recently made the following trade(s):
- On Thursday, July 11th, Hugh Mackinnon sold 5,000 shares of B2Gold stock. The shares were sold at an average price of C$4.10, for a total transaction of C$20,500.00.
BTO opened at C$4.06 on Wednesday. The stock has a 50-day moving average price of C$3.86. The company has a current ratio of 2.04, a quick ratio of 0.88 and a debt-to-equity ratio of 28.33. B2Gold Corp. has a twelve month low of C$2.77 and a twelve month high of C$4.40. The company has a market cap of $4.13 billion and a price-to-earnings ratio of -580.00.
B2Gold (TSE:BTO) (NYSE:BTG) last posted its earnings results on Tuesday, May 7th. The company reported C$0.05 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of C$0.05. The firm had revenue of C$401.08 million during the quarter, compared to the consensus estimate of C$404.25 million. As a group, sell-side analysts predict that B2Gold Corp. will post 0.24 EPS for the current fiscal year.
BTO has been the topic of several analyst reports. Canaccord Genuity boosted their price target on shares of B2Gold from C$5.25 to C$5.75 in a report on Monday, June 3rd. National Bank Financial lowered shares of Detour Gold to a “hold” rating in a report on Friday, June 28th. Royal Bank of Canada reaffirmed an “underperform” rating and issued a GBX 215 ($2.81) target price on shares of in a report on Wednesday, June 26th. Finally, Raymond James reaffirmed a “hold” rating on shares of Snc-Lavalin Group in a report on Wednesday, July 3rd. Six research analysts have rated the stock with a buy rating, B2Gold currently has an average rating of “Buy” and a consensus price target of C$5.43.
B2Gold Corp., together with its subsidiaries, engages in the exploration and development of mineral properties for gold deposits in Nicaragua, the Philippines, Mali, Colombia, Burkina Faso, and Namibia. The company primarily holds 80% interest in the Fekola mine, an open pit gold mine located in Mali; 90% interest in the Otjikoto gold mine located north of Windhoek, Namibia; the Masbate gold project located in the south-east of Manila, the Philippines; and 100% interest in the El Limon mine, an underground gold mine located in northwestern Nicaragua.
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