Randall Chatwin Sells 14,089 Shares of B2Gold (TSE:BTO) Stock

B2Gold Corp. (TSE:BTO) (NYSE:BTG) insider Randall Chatwin sold 14,089 shares of B2Gold stock in a transaction dated Friday, July 3rd. The shares were sold at an average price of C$5.88, for a total value of C$82,843.32. Following the completion of the transaction, the insider owned 141,989 shares of the company’s stock, valued at approximately C$834,895.32. This represents a 9.03% decrease in their position.

Randall Chatwin also recently made the following trade(s):

• On Friday, May 22nd, Randall Chatwin sold 67,857 shares of B2Gold stock. The stock was sold at an average price of C$6.33, for a total value of C$429,534.81.

B2Gold Price Performance

BTO stock traded down C$0.21 during mid-day trading on Monday, reaching C$5.74. 2,300,238 shares of the company’s stock were exchanged, compared to its average volume of 6,545,712. The company has a market cap of C$7.65 billion, a price-to-earnings ratio of 15.11, a price-to-earnings-growth 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 stock’s 50 day moving average is C$6.23 and its 200 day moving average is C$6.58. The company has a debt-to-equity ratio of 14.16, a current ratio of 1.19 and a quick ratio of 3.33.

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

B2Gold Dividend Announcement

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

Wall Street Analysts Forecast Growth

Separately, National Bank Financial raised their price objective on B2Gold from C$10.00 to C$10.70 and gave the stock an “outperform” rating in a research report on Tuesday, May 12th. One investment analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, B2Gold currently has an average rating of “Moderate Buy” and an average 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.