Clive Thomas Johnson Sells 86,496 Shares of B2Gold Corp. (TSE:BTO) Stock

B2Gold Corp. (TSE:BTO) (NYSE:BTG) Director Clive Thomas Johnson sold 86,496 shares of the stock in a transaction on Monday, March 10th. The stock was sold at an average price of C$3.85, for a total value of C$333,009.60.

B2Gold Price Performance

B2Gold stock opened at C$4.26 on Friday. The company has a current ratio of 1.83, a quick ratio of 3.33 and a debt-to-equity ratio of 7.51. The company has a market capitalization of C$3.94 billion, a PE ratio of -4.90, a P/E/G ratio of -0.27 and a beta of 1.23. B2Gold Corp. has a 12 month low of C$3.16 and a 12 month high of C$4.84. The stock has a 50-day moving average price of C$3.71 and a two-hundred day moving average price of C$3.93.

B2Gold Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 20th. Shareholders of record on Thursday, March 20th will be given a $0.02 dividend. The ex-dividend date of this dividend is Friday, March 7th. This represents a $0.08 annualized dividend and a yield of 1.88%. B2Gold’s dividend payout ratio is presently -25.32%.

Wall Street Analyst Weigh In

BTO has been the topic of several analyst reports. Bank of America lowered B2Gold from a “buy” rating to an “underperform” rating in a report on Tuesday, January 14th. Cormark upgraded B2Gold from a “market perform” rating to a “buy” rating and upped their price objective for the stock from C$4.50 to C$6.25 in a research report on Friday, February 21st. TD Securities downgraded B2Gold from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, February 4th. Finally, BMO Capital Markets dropped their price objective on B2Gold from C$8.50 to C$7.00 in a research report on Tuesday, January 14th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and five have issued a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of C$6.01.

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.