B2Gold (TSE:BTO) Insider Sells 14,089 Shares of Stock

B2Gold Corp. (TSE:BTO) (NYSE:BTG) insider Randall Chatwin sold 14,089 shares of the company’s stock in a transaction dated Friday, July 3rd. The stock was sold at an average price of C$5.88, for a total transaction of C$82,843.32. Following the transaction, the insider owned 141,989 shares in the company, valued at C$834,895.32. The trade was a 9.03% decrease in their ownership of the stock.

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

• On Friday, May 22nd, Randall Chatwin sold 67,857 shares of B2Gold stock. The shares were sold at an average price of C$6.33, for a total value of C$429,534.81.

B2Gold Price Performance

TSE:BTO traded down C$0.21 during mid-day trading on Monday, hitting C$5.74. 2,300,238 shares of the company’s stock traded hands, compared to its average volume of 6,545,712. The company has a debt-to-equity ratio of 14.16, a quick ratio of 3.33 and a current ratio of 1.19. The company has a market cap of C$7.65 billion, a PE ratio of 15.11, a price-to-earnings-growth ratio of -0.27 and a beta of 1.73. The firm’s 50 day simple moving average is C$6.23 and its 200 day simple moving average is C$6.58. B2Gold Corp. has a 1 year low of C$4.56 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 earnings per share for the quarter. B2Gold had a net margin of 14.78% and a return on equity of 15.70%. The firm had revenue of C$1.61 billion during the quarter. Sell-side analysts expect that B2Gold Corp. will post 0.5596659 EPS for the current year.

B2Gold Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 23rd. Stockholders of record on Tuesday, June 23rd were given a $0.02 dividend. The ex-dividend date of this dividend was Wednesday, June 10th. This represents a $0.08 annualized dividend and a dividend yield of 1.4%. B2Gold’s dividend payout ratio is presently 21.05%.

Analyst Upgrades and Downgrades

Separately, National Bank Financial boosted their price objective on B2Gold from C$10.00 to C$10.70 and gave the stock an “outperform” rating in a research note on Tuesday, May 12th. One research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the company 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.