B2Gold Corp. (TSE:BTO) Senior Officer Sells C$16,422.90 in Stock

B2Gold Corp. (TSE:BTO) (NYSE:BTG) Senior Officer Peter Dominic Montano sold 4,211 shares of the business’s stock in a transaction that occurred on Tuesday, November 19th. The stock was sold at an average price of C$3.90, for a total transaction of C$16,422.90.

B2Gold Price Performance

BTO stock opened at C$3.97 on Thursday. The company has a quick ratio of 3.33, a current ratio of 2.93 and a debt-to-equity ratio of 1.05. The firm has a market cap of C$5.20 billion, a price-to-earnings ratio of -23.35, a PEG ratio of -0.27 and a beta of 1.23. The company’s fifty day simple moving average is C$4.31 and its 200 day simple moving average is C$3.96. B2Gold Corp. has a 12-month low of C$3.18 and a 12-month high of C$4.84.

B2Gold Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 12th. Stockholders of record on Monday, December 2nd will be given a dividend of $0.054 per share. This represents a $0.22 annualized dividend and a dividend yield of 5.44%. The ex-dividend date of this dividend is Monday, December 2nd. B2Gold’s payout ratio is presently -129.41%.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the company. Scotiabank lowered B2Gold from an “outperform” rating to a “sector perform” rating in a research report on Friday, August 9th. Canaccord Genuity Group decreased their target price on shares of B2Gold from C$7.50 to C$7.00 and set a “buy” rating for the company in a research report on Tuesday, August 13th. BMO Capital Markets dropped their price target on shares of B2Gold from C$6.50 to C$6.00 and set an “outperform” rating on the stock in a research report on Monday, September 16th. Cormark lifted their price target on B2Gold from C$4.25 to C$5.25 in a research report on Monday, September 23rd. Finally, Cibc World Mkts cut B2Gold from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, September 24th. Three equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of C$5.66.

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.