B2Gold Corp. (TSE:BTO – Get Rating) (NYSE:BTG) Senior Officer Randall Chatwin sold 13,891 shares of the company's stock in a transaction on Wednesday, September 14th. The stock was sold at an average price of C$4.48, for a total transaction of C$62,231.68. Following the sale, the insider now directly owns 31,165 shares of the company's stock, valued at approximately C$139,619.20.
B2Gold Trading Up 0.7 %
Shares of BTO traded up C$0.03 during mid-day trading on Friday, reaching C$4.41. The stock had a trading volume of 2,836,391 shares, compared to its average volume of 3,199,348. The company has a debt-to-equity ratio of 2.22, a current ratio of 4.64 and a quick ratio of 2.97. B2Gold Corp. has a 52-week low of C$3.84 and a 52-week high of C$6.39. The business's fifty day moving average is C$4.32 and its 200 day moving average is C$4.98. The firm has a market cap of C$4.69 billion and a price-to-earnings ratio of 9.38.
Get B2Gold alerts:B2Gold (TSE:BTO – Get Rating) (NYSE:BTG) last announced its earnings results on Wednesday, August 3rd. The company reported C$0.05 earnings per share for the quarter, missing the consensus estimate of C$0.07 by C($0.02). The business had revenue of C$487.55 million for the quarter. On average, sell-side analysts predict that B2Gold Corp. will post 0.462987 EPS for the current fiscal year.
B2Gold Increases Dividend
The business also recently announced a quarterly dividend, which will be paid on Thursday, September 29th. Shareholders of record on Wednesday, September 21st will be paid a dividend of $0.053 per share. This represents a $0.21 annualized dividend and a yield of 4.81%. The ex-dividend date is Tuesday, September 20th. This is a positive change from B2Gold's previous quarterly dividend of $0.04. B2Gold's dividend payout ratio (DPR) is 34.04%.Analyst Upgrades and Downgrades
BTO has been the subject of a number of research reports. National Bankshares dropped their target price on shares of B2Gold from C$8.00 to C$7.50 and set an "outperform" rating for the company in a report on Friday, August 5th. TD Securities raised shares of B2Gold from a "buy" rating to an "action list buy" rating and set a C$9.00 target price for the company in a report on Monday, September 12th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating, five have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of C$7.50.
About B2Gold
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B2Gold Corp. operates as a gold producer with three operating mines in Mali, the Philippines, and Namibia. It operates the Fekola Mine in Mali, the Masbate Mine in the Philippines, and the Otjikoto Mine in Namibia. The company also has an 25% interest in the Calibre Mining Corp.; and approximately 19% interest in BeMetals Corp.
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