B2Gold Corp. (TSE:BTO - Get Free Report) (NYSE:BTG) Senior Officer Randall Chatwin sold 30,150 shares of B2Gold stock in a transaction on Wednesday, April 2nd. The stock was sold at an average price of C$4.17, for a total transaction of C$125,725.50.
B2Gold Trading Down 1.9 %
Shares of TSE:BTO opened at C$4.12 on Friday. B2Gold Corp. has a 52-week low of C$3.16 and a 52-week high of C$4.84. The company has a quick ratio of 3.33, a current ratio of 1.83 and a debt-to-equity ratio of 7.51. The stock has a market cap of C$3.81 billion, a price-to-earnings ratio of -4.74, a PEG ratio of -0.27 and a beta of 1.23. The business has a 50-day moving average price of C$3.94 and a 200-day moving average price of C$4.00.
B2Gold Cuts Dividend
The firm also recently announced a quarterly dividend, which was paid on Thursday, March 20th. Investors of record on Thursday, March 20th were given a dividend of $0.02 per share. The ex-dividend date was Friday, March 7th. This represents a $0.08 dividend on an annualized basis and a yield of 1.94%. B2Gold's dividend payout ratio is presently -25.32%.
Wall Street Analysts Forecast Growth
Several brokerages recently weighed in on BTO. Bank of America downgraded B2Gold from a "buy" rating to an "underperform" rating in a research note on Tuesday, January 14th. BMO Capital Markets dropped their price target on B2Gold from C$7.00 to C$6.50 in a research note on Monday. TD Securities downgraded shares of B2Gold from a "strong-buy" rating to a "hold" rating in a report on Tuesday, February 4th. Finally, Cormark cut shares of B2Gold from a "moderate buy" rating to a "hold" rating in a research note on Monday. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, B2Gold currently has a consensus rating of "Hold" and a consensus target price of C$5.94.
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About B2Gold
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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.
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