B2Gold (TSE:BTO) Insider Daniel Bruce Moore Sells 3,458 Shares

B2Gold Corp. (TSE:BTO) (NYSE:BTG) insider Daniel Bruce Moore sold 3,458 shares of the business’s stock in a transaction dated Friday, July 3rd. The shares were sold at an average price of C$5.88, for a total transaction of C$20,333.04. Following the transaction, the insider directly owned 134,140 shares in the company, valued at approximately C$788,743.20. The trade was a 2.51% decrease in their position.

B2Gold Trading Down 3.5%

BTO stock traded down C$0.21 during trading on Monday, reaching C$5.74. 2,300,238 shares of the stock were exchanged, compared to its average volume of 6,545,712. The company has a current ratio of 1.19, a quick ratio of 3.33 and a debt-to-equity ratio of 14.16. The firm has a market capitalization of C$7.65 billion, a price-to-earnings ratio of 15.11, a P/E/G ratio of -0.27 and a beta of 1.73. The business has a 50 day moving average price of C$6.23 and a 200-day moving average price of 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 quarterly earnings results on Wednesday, May 6th. The company reported C$0.26 earnings per share (EPS) for the quarter. B2Gold had a net margin of 14.78% and a return on equity of 15.70%. The business had revenue of C$1.61 billion during the quarter. On average, research analysts predict that B2Gold Corp. will post 0.5596659 earnings per share for the current year.

B2Gold Announces Dividend

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

Wall Street Analyst Weigh In

Separately, National Bank Financial lifted their price target on shares of B2Gold from C$10.00 to C$10.70 and gave the company an “outperform” rating in a research report on Tuesday, May 12th. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of C$9.15.

B2Gold Company Profile

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.