B2Gold (TSE:BTO) Insider Daniel Bruce Moore Sells 3,458 Shares

B2Gold Corp. (TSE:BTO) (NYSE:BTG) insider Daniel Bruce Moore sold 3,458 shares of B2Gold stock in a transaction that occurred on Friday, July 3rd. The shares were sold at an average price of C$5.88, for a total value of C$20,333.04. Following the transaction, the insider owned 134,140 shares of the company’s stock, valued at approximately C$788,743.20. This represents a 2.51% decrease in their ownership of the stock.

B2Gold Stock Performance

B2Gold stock traded down C$0.21 during mid-day trading on Monday, hitting C$5.74. The company had a trading volume of 2,300,238 shares, compared to its average volume of 6,545,712. The company has a market capitalization of C$7.65 billion, a price-to-earnings ratio of 15.11, a P/E/G ratio of -0.27 and a beta of 1.73. B2Gold Corp. has a 12-month low of C$4.56 and a 12-month high of C$8.60. The company’s fifty day moving average is C$6.23 and its 200-day moving average is C$6.58. The company has a current ratio of 1.19, a quick ratio of 3.33 and a debt-to-equity ratio of 14.16.

B2Gold (TSE:BTO) (NYSE:BTG) last issued its quarterly earnings data on Wednesday, May 6th. The company reported C$0.26 earnings per share for the quarter. B2Gold had a net margin of 14.78% and a return on equity of 15.70%. The business had revenue of C$1.61 billion during the quarter. Equities research analysts predict that B2Gold Corp. will post 0.5596659 EPS for the current year.

B2Gold Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 23rd. Shareholders of record on Tuesday, June 23rd were given a dividend of $0.02 per share. The ex-dividend date was Wednesday, June 10th. This represents a $0.08 dividend on an annualized basis and a yield of 1.4%. B2Gold’s dividend payout ratio is currently 21.05%.

Wall Street Analyst Weigh In

Separately, National Bank Financial boosted their price objective on B2Gold from C$10.00 to C$10.70 and gave the stock an “outperform” rating in a research note on Tuesday, May 12th. One equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, B2Gold presently has an average rating of “Moderate Buy” and a consensus price target of C$9.15.

About B2Gold

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. There is no dependence on a particular purchaser because the gold is sold into a global market.