B2Gold Corp. (TSE:BTO) Director Sells C$433,467.33 in Stock

B2Gold Corp. (TSE:BTO) (NYSE:BTG) Director Clive Thomas Johnson sold 103,949 shares of the company’s stock in a transaction that occurred on Wednesday, April 2nd. The stock was sold at an average price of C$4.17, for a total value of C$433,467.33.

Clive Thomas Johnson also recently made the following trade(s):

• On Monday, March 10th, Clive Thomas Johnson sold 86,496 shares of B2Gold stock. The shares were sold at an average price of C$3.85, for a total transaction of C$333,009.60.

B2Gold Price Performance

TSE BTO traded down C$0.09 during mid-day trading on Thursday, hitting C$4.11. The stock had a trading volume of 2,008,043 shares, compared to its average volume of 3,770,868. B2Gold Corp. has a twelve month low of C$3.16 and a twelve month high of C$4.84. The company has a debt-to-equity ratio of 7.51, a current ratio of 1.83 and a quick ratio of 3.33. The firm’s 50 day moving average is C$3.93 and its 200 day moving average is C$4.00. The stock has a market capitalization of C$3.80 billion, a price-to-earnings ratio of -4.73, a PEG ratio of -0.27 and a beta of 1.23.

B2Gold Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 20th. Stockholders of record on Thursday, March 20th were paid a $0.02 dividend. This represents a $0.08 annualized dividend and a dividend yield of 1.95%. The ex-dividend date of this dividend was Friday, March 7th. B2Gold’s dividend payout ratio is currently -25.32%.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on BTO. TD Securities cut shares of B2Gold from a “strong-buy” rating to a “hold” rating in a report on Tuesday, February 4th. Cormark lowered B2Gold from a “moderate buy” rating to a “hold” rating in a research note on Monday. Bank of America downgraded B2Gold from a “buy” rating to an “underperform” rating in a research report on Tuesday, January 14th. Finally, BMO Capital Markets dropped their price objective on B2Gold from C$7.00 to C$6.50 in a report on Monday. One investment analyst has rated the stock with a sell rating, four have given a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, B2Gold presently has an average 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.