Ninette Krohnert Sells 4,700 Shares of B2Gold (TSE:BTO) Stock

B2Gold Corp. (TSE:BTO) (NYSE:BTG) insider Ninette Krohnert sold 4,700 shares of B2Gold stock in a transaction that occurred on Friday, July 3rd. The stock was sold at an average price of C$5.88, for a total value of C$27,636.00. Following the transaction, the insider owned 62,557 shares in the company, valued at approximately C$367,835.16. The trade was a 6.99% decrease in their position.

B2Gold Trading Down 3.8%

Shares of TSE BTO traded down C$0.21 during trading on Wednesday, hitting C$5.37. 5,032,903 shares of the company were exchanged, compared to its average volume of 6,518,300. The company has a fifty day moving average price of C$6.17 and a 200-day moving average price of C$6.57. The company has a debt-to-equity ratio of 14.16, a quick ratio of 3.33 and a current ratio of 1.19. The firm has a market capitalization of C$7.16 billion, a PE ratio of 14.13, 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.

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

B2Gold Announces Dividend

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. The ex-dividend date of this dividend was Wednesday, June 10th. This represents a $0.08 annualized dividend and a yield of 1.5%. B2Gold’s dividend payout ratio (DPR) is 21.05%.

Analyst Ratings Changes

Separately, National Bank Financial upped their price target on B2Gold from C$10.00 to C$10.70 and gave the company 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 issued a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of C$9.15.

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