Randall Chatwin Sells 30,150 Shares of B2Gold Corp. (TSE:BTO) Stock

B2Gold Corp. (TSE:BTO) (NYSE:BTG) Senior Officer Randall Chatwin sold 30,150 shares of B2Gold stock in a transaction dated Wednesday, April 2nd. The stock was sold at an average price of C$4.17, for a total value of C$125,725.50.

B2Gold Stock Performance

BTO opened at C$3.78 on Friday. B2Gold Corp. has a 1-year low of C$3.16 and a 1-year high of C$4.84. The company has a market cap of C$3.49 billion, a price-to-earnings ratio of -4.35, a PEG ratio of -0.27 and a beta of 1.23. The company’s fifty day moving average price is C$3.95 and its two-hundred day moving average price is C$4.00. The company has a current ratio of 1.83, a quick ratio of 3.33 and a debt-to-equity ratio of 7.51.

B2Gold Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 20th. Investors of record on Thursday, March 20th were issued a $0.02 dividend. The ex-dividend date of this dividend was Friday, March 7th. This represents a $0.08 dividend on an annualized basis and a dividend yield of 2.12%. B2Gold’s dividend payout ratio is presently -25.32%.

Analyst Upgrades and Downgrades

Several research firms recently commented on BTO. Bank of America cut B2Gold from a “buy” rating to an “underperform” rating in a research note on Tuesday, January 14th. BMO Capital Markets lowered their price objective on shares of B2Gold from C$7.00 to C$6.50 in a research note on Monday, March 31st. TD Securities lowered shares of B2Gold from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, February 4th. Finally, Cormark cut shares of B2Gold from a “moderate buy” rating to a “hold” rating in a report on Monday, March 31st. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of C$5.94.

B2Gold Company Profile

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.