Randall Chatwin Sells 67,857 Shares of B2Gold (TSE:BTO) Stock

B2Gold Corp. (TSE:BTOGet Free Report) (NYSE:BTG) insider Randall Chatwin sold 67,857 shares of the stock in a transaction that occurred on Friday, May 22nd. The stock was sold at an average price of C$6.33, for a total value of C$429,534.81. Following the transaction, the insider directly owned 130,043 shares in the company, valued at approximately C$823,172.19. This represents a 34.29% decrease in their position.

B2Gold Trading Down 0.2%

TSE:BTO opened at C$6.51 on Wednesday. The business’s 50 day moving average is C$6.47 and its two-hundred day moving average is C$6.59. The company has a quick ratio of 3.33, a current ratio of 1.19 and a debt-to-equity ratio of 14.16. B2Gold Corp. has a 52 week low of C$4.48 and a 52 week high of C$8.60. The company has a market cap of C$8.67 billion, a PE ratio of 17.13, a P/E/G ratio of -0.27 and a beta of 1.59.

B2Gold (TSE:BTOGet Free Report) (NYSE:BTG) last posted its quarterly earnings results on Wednesday, May 6th. The company reported C$0.26 earnings per share (EPS) for the quarter. B2Gold had a net margin of 14.78% and a return on equity of 15.70%. The company had revenue of C$1.61 billion for the quarter. On average, analysts predict that B2Gold Corp. will post 0.5596659 EPS for the current year.

B2Gold Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 19th. Stockholders of record on Thursday, March 19th were given a $0.02 dividend. This represents a $0.08 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date was Friday, March 6th. B2Gold’s dividend payout ratio (DPR) is presently 21.05%.

Wall Street Analyst Weigh In

Separately, National Bank Financial raised their price target on shares of B2Gold from C$10.00 to C$10.70 and gave the stock an “outperform” rating in a research report on Tuesday, May 12th. One investment analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of C$9.15.

Read Our Latest Stock Analysis on BTO

B2Gold Company Profile

(Get Free Report)

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.

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