B2Gold Corp. (TSE:BTO – Get Free Report) (NYSE:BTG) Director Jerry Korpan sold 200,000 shares of B2Gold stock in a transaction on Tuesday, August 11th. The stock was sold at an average price of C$7.06, for a total transaction of C$1,412,000.00. Following the transaction, the director directly owned 2,280,000 shares of the company’s stock, valued at approximately C$16,096,800. This trade represents a 8.06% decrease in their ownership of the stock.
B2Gold Price Performance
Shares of BTO opened at C$7.11 on Friday. The firm has a market capitalization of C$9.47 billion, a PE ratio of 12.70, a PEG ratio of -0.27 and a beta of 1.74. The company’s 50-day moving average is C$5.76 and its 200-day moving average is C$6.44. B2Gold Corp. has a fifty-two week low of C$5.02 and a fifty-two week high of C$8.60. The company has a debt-to-equity ratio of 11.48, a current ratio of 1.58 and a quick ratio of 3.33.
B2Gold (TSE:BTO – Get Free Report) (NYSE:BTG) last posted its earnings results on Thursday, August 6th. The company reported C$0.04 earnings per share (EPS) for the quarter. The company had revenue of C$1.12 billion during the quarter. B2Gold had a net margin of 21.20% and a return on equity of 21.87%. Equities analysts forecast that B2Gold Corp. will post 0.5596659 EPS for the current year.
B2Gold Dividend Announcement
Analyst Ratings Changes
Several equities analysts have recently commented on BTO shares. TD raised B2Gold from a “hold” rating to a “buy” rating and upped their target price for the company from C$6.00 to C$8.50 in a research report on Monday, August 10th. Canadian Imperial Bank of Commerce raised B2Gold from a “hold” rating to a “strong-buy” rating in a report on Monday, August 10th. National Bank Financial reduced their price target on B2Gold from C$10.70 to C$9.75 and set an “outperform” rating for the company in a research note on Tuesday, July 14th. ATB Cormark Capital Markets raised B2Gold from a “hold” rating to a “moderate buy” rating and upped their price objective for the company from C$6.50 to C$11.00 in a report on Monday, August 10th. Finally, Scotiabank upgraded B2Gold from a “hold” rating to a “strong-buy” rating in a research report on Monday, August 10th. Three investment analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of C$9.33.
View Our Latest Analysis on B2Gold
About B2Gold
B2Gold is a responsible international gold producer headquartered in Vancouver, Canada. Founded in 2007, today, B2Gold has operating gold mines in Canada, Mali, Namibia and the Philippines, and numerous development and exploration projects in various countries.
Featured Articles
- Five stocks we like better than B2Gold
- Sony and TSMC’s $4.7 Billion Venture Is About More Than Camera Sensors
- Quantum Leaps: Debt-Free as AI Storage Demand Accelerates
- NVIDIA’s $500 Billion GPU Financing Deal Fuels Path Toward $270
- Sandisk’s Margins Look Like Software. Can They Last?
Receive News & Ratings for B2Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for B2Gold and related companies with MarketBeat.com's FREE daily email newsletter.
