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

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

B2Gold Price Performance

TSE:BTO traded up C$0.18 during trading hours on Monday, reaching C$6.52. 1,543,315 shares of the company traded hands, compared to its average volume of 6,940,927. The firm’s 50-day moving average is C$6.47 and its 200-day moving average is C$6.59. The stock has a market cap of C$8.69 billion, a P/E ratio of 17.16, a P/E/G ratio of -0.27 and a beta of 1.59. The company has a debt-to-equity ratio of 14.16, a current ratio of 1.19 and a quick ratio of 3.33. B2Gold Corp. has a 1-year low of C$4.48 and a 1-year high of C$8.60.

B2Gold (TSE:BTO) (NYSE:BTG) last announced its earnings results on Wednesday, May 6th. The company reported C$0.26 EPS for the quarter. The firm had revenue of C$1.61 billion for the quarter. B2Gold had a return on equity of 15.70% and a net margin of 14.78%. Equities research analysts expect that B2Gold Corp. will post 0.5596659 earnings per share for the current fiscal year.

B2Gold Dividend Announcement

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

Analyst Ratings Changes

Separately, National Bank Financial raised their price objective on B2Gold from C$10.00 to C$10.70 and gave the stock an “outperform” rating in a report on Tuesday, May 12th. One research 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.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of C$9.15.

About B2Gold

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.