B2Gold (TSE:BTO) Insider Peter Dominic Montano Sells 147,000 Shares

B2Gold Corp. (TSE:BTO) (NYSE:BTG) insider Peter Dominic Montano sold 147,000 shares of the stock in a transaction on Wednesday, October 8th. The shares were sold at an average price of C$7.49, for a total value of C$1,101,030.00. Following the sale, the insider owned -1,405 shares in the company, valued at approximately C($10,523.45). This represents a 100.97% decrease in their ownership of the stock.

Peter Dominic Montano also recently made the following trade(s):

• On Thursday, August 14th, Peter Dominic Montano sold 44,102 shares of B2Gold stock. The shares were sold at an average price of C$5.35, for a total value of C$235,945.70.

B2Gold Stock Performance

Shares of BTO opened at C$7.12 on Friday. The business’s fifty day simple moving average is C$6.00 and its two-hundred day simple moving average is C$5.07. The company has a current ratio of 1.83, a quick ratio of 3.33 and a debt-to-equity ratio of 7.51. B2Gold Corp. has a 12 month low of C$3.16 and a 12 month high of C$7.52. The company has a market cap of C$9.42 billion, a price-to-earnings ratio of -20.34, a P/E/G ratio of -0.27 and a beta of 0.82.

B2Gold Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 23rd. Stockholders of record on Tuesday, September 23rd were paid a $0.02 dividend. This represents a $0.08 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date was Wednesday, September 10th. B2Gold’s dividend payout ratio (DPR) is -34.29%.

Wall Street Analyst Weigh In

Separately, Raymond James Financial upgraded B2Gold to a “moderate buy” rating in a research note on Monday, June 30th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, B2Gold presently has a consensus rating of “Hold” and a consensus price target of C$6.75.

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.