B2Gold Corp. (TSE:BTO) Director Sells C$433,467.33 in Stock

B2Gold Corp. (TSE:BTO) (NYSE:BTG) Director Clive Thomas Johnson sold 103,949 shares of the firm’s stock in a transaction that occurred on Wednesday, April 2nd. The stock was sold at an average price of C$4.17, for a total transaction of C$433,467.33.

Clive Thomas Johnson also recently made the following trade(s):

• On Monday, March 10th, Clive Thomas Johnson sold 86,496 shares of B2Gold stock. The stock was sold at an average price of C$3.85, for a total transaction of C$333,009.60.

B2Gold Trading Down 8.3 %

BTO stock opened at C$3.78 on Friday. The company has a debt-to-equity ratio of 7.51, a current ratio of 1.83 and a quick ratio of 3.33. B2Gold Corp. has a 1-year low of C$3.16 and a 1-year high of C$4.84. The business has a 50 day simple moving average of C$3.95 and a two-hundred day simple moving average of C$4.00. The company has a market capitalization of C$3.49 billion, a price-to-earnings ratio of -4.35, a PEG ratio of -0.27 and a beta of 1.23.

B2Gold Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 20th. Investors of record on Thursday, March 20th were paid a dividend of $0.02 per share. The ex-dividend date was Friday, March 7th. This represents a $0.08 annualized dividend and a yield of 2.12%. B2Gold’s payout ratio is -25.32%.

Analyst Ratings Changes

A number of equities analysts recently commented on BTO shares. TD Securities cut B2Gold from a “strong-buy” rating to a “hold” rating in a report on Tuesday, February 4th. Bank of America cut B2Gold from a “buy” rating to an “underperform” rating in a research report on Tuesday, January 14th. BMO Capital Markets lowered their price objective on B2Gold from C$7.00 to C$6.50 in a research report on Monday, March 31st. Finally, Cormark lowered shares of B2Gold from a “moderate buy” rating to a “hold” rating in a report on Monday, March 31st. One investment analyst has rated the stock with a sell rating, four have given a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of C$5.94.

B2Gold Company Profile

B2Gold Corp. operates as a gold producer company. It operates the Fekola Mine in Mali, the Masbate Mine in the Philippines, and the Otjikoto Mine in Namibia. The company also has an 100% interest in the Gramalote gold project in Colombia; 24% interest in the Calibre Mining Corp.; and approximately 19% interest in BeMetals Corp.