Peter Dominic Montano Sells 4,211 Shares of B2Gold Corp. (TSE:BTO) Stock

B2Gold Corp. (TSE:BTO) (NYSE:BTG) Senior Officer Peter Dominic Montano sold 4,211 shares of B2Gold stock in a transaction on Tuesday, November 19th. The stock was sold at an average price of C$3.90, for a total transaction of C$16,422.90.

B2Gold Stock Performance

BTO stock traded up C$0.03 during trading on Wednesday, hitting C$3.95. 2,928,195 shares of the company traded hands, compared to its average volume of 3,413,635. The company has a market cap of C$5.17 billion, a PE ratio of -23.12, a P/E/G ratio of -0.27 and a beta of 1.23. 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 simple moving average is C$4.31 and its 200 day simple moving average is C$3.96. B2Gold Corp. has a 1 year low of C$3.18 and a 1 year high of C$4.84.

B2Gold Cuts Dividend

The firm also recently disclosed 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 of this dividend is Monday, December 2nd. This represents a $0.22 dividend on an annualized basis and a yield of 5.47%. B2Gold’s payout ratio is -129.41%.

Analyst Upgrades and Downgrades

Several brokerages recently commented on BTO. CIBC set a C$3.30 price target on B2Gold and gave the company an “outperform” rating in a research report on Wednesday, August 14th. BMO Capital Markets dropped their target price on shares of B2Gold from C$6.50 to C$6.00 and set an “outperform” rating for the company in a research report on Monday, September 16th. Scotiabank downgraded B2Gold from an “outperform” rating to a “sector perform” rating in a report on Friday, August 9th. Cibc World Mkts downgraded shares of B2Gold from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, September 24th. Finally, Canaccord Genuity Group cut their target price on B2Gold from C$7.50 to C$7.00 and set a “buy” rating on the stock in a report on Tuesday, August 13th. Three equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus 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.