B2Gold Corp. (TSE:BTO) Senior Officer Sells C$22,795.30 in Stock

B2Gold Corp. (TSE:BTO) (NYSE:BTG) Senior Officer Randall Chatwin sold 6,095 shares of the firm’s stock in a transaction that occurred on Thursday, November 14th. The shares were sold at an average price of C$3.74, for a total value of C$22,795.30.

Randall Chatwin also recently made the following trade(s):

• On Friday, October 4th, Randall Chatwin sold 5,000 shares of B2Gold stock. The shares were sold at an average price of C$4.27, for a total value of C$21,350.00.
• On Monday, September 16th, Randall Chatwin sold 10,000 shares of B2Gold stock. The stock was sold at an average price of C$4.53, for a total value of C$45,300.00.

B2Gold Stock Performance

Shares of TSE BTO traded up C$0.16 during midday trading on Monday, hitting C$3.93. 3,750,311 shares of the company’s stock were exchanged, compared to its average volume of 3,416,913. The company has a debt-to-equity ratio of 1.05, a current ratio of 2.93 and a quick ratio of 3.33. The stock’s 50 day moving average price is C$4.29 and its 200-day moving average price is C$3.96. The firm has a market cap of C$5.15 billion, a P/E ratio of -22.18, a PEG ratio of -0.27 and a beta of 1.23. B2Gold Corp. has a twelve month low of C$3.18 and a twelve month high of C$4.84.

B2Gold Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 12th. Shareholders of record on Monday, December 2nd will be issued a $0.054 dividend. The ex-dividend date is Monday, December 2nd. This represents a $0.22 annualized dividend and a dividend yield of 5.50%. B2Gold’s dividend payout ratio is currently -129.41%.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the company. Canaccord Genuity Group dropped their price objective on B2Gold from C$7.50 to C$7.00 and set a “buy” rating for the company in a research note on Tuesday, August 13th. Stifel Nicolaus upped their price objective on B2Gold from C$6.00 to C$6.50 in a research note on Monday, October 21st. CIBC set a C$3.30 price objective on B2Gold and gave the company an “outperform” rating in a research note on Wednesday, August 14th. BMO Capital Markets lowered their price target on B2Gold from C$6.50 to C$6.00 and set an “outperform” rating on the stock in a report on Monday, September 16th. Finally, Cibc World Mkts lowered B2Gold from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, September 24th. Three research analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of C$5.66.

About B2Gold

B2Gold Corp. operates as a gold producer company. It operates the Fekola Mine in Mali, the Masbate Mine in the Philippines, and the Otjikoto Mine in Namibia. The company also has an 100% interest in the Gramalote gold project in Colombia; 24% interest in the Calibre Mining Corp.; and approximately 19% interest in BeMetals Corp.