Eduard Bartz Sells 13,161 Shares of B2Gold Corp. (TSE:BTO) Stock

B2Gold Corp. (TSE:BTO) (NYSE:BTG) Senior Officer Eduard Bartz sold 13,161 shares of the business’s stock in a transaction on Tuesday, April 8th. The stock was sold at an average price of C$3.79, for a total value of C$49,880.19. Following the transaction, the insider now directly owns 16 shares of the company’s stock, valued at C$60.64. The trade was a 99.88 % decrease in their ownership of the stock.

Eduard Bartz also recently made the following trade(s):

• On Friday, March 7th, Eduard Bartz sold 27,862 shares of B2Gold stock. The stock was sold at an average price of C$3.89, for a total value of C$108,383.18.

B2Gold Stock Up 4.9 %

Shares of TSE BTO opened at C$4.27 on Friday. The company has a market capitalization of C$3.95 billion, a price-to-earnings ratio of -4.92, a price-to-earnings-growth ratio of -0.27 and a beta of 1.23. The company has a debt-to-equity ratio of 7.51, a current ratio of 1.83 and a quick ratio of 3.33. The business has a 50-day moving average of C$4.01 and a two-hundred day moving average of C$3.98. B2Gold Corp. has a 1 year low of C$3.16 and a 1 year high of C$4.84.

B2Gold Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 20th. Investors of record on Thursday, March 20th were given a $0.02 dividend. The ex-dividend date was Friday, March 7th. This represents a $0.08 dividend on an annualized basis and a dividend yield of 1.87%. B2Gold’s dividend payout ratio (DPR) is presently -25.32%.

Analyst Ratings Changes

BTO has been the subject of several analyst reports. BMO Capital Markets lowered their target price on B2Gold from C$7.00 to C$6.50 in a research note on Monday, March 31st. Bank of America cut B2Gold from a “buy” rating to an “underperform” rating in a research note on Tuesday, January 14th. Cormark cut B2Gold from a “moderate buy” rating to a “hold” rating in a research note on Monday, March 31st. Finally, TD Securities cut B2Gold from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, February 4th. One analyst has rated the stock with a sell rating, four have issued a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of C$5.94.

About B2Gold

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.