B2Gold Corp. (TSE:BTO - Get Free Report) (NYSE:BTG) Director Jerry Korpan sold 120,000 shares of the stock in a transaction on Monday, April 14th. The shares were sold at an average price of C$4.63, for a total value of C$555,600.00.
B2Gold Price Performance
B2Gold stock opened at C$4.62 on Wednesday. The company has a current ratio of 1.83, a quick ratio of 3.33 and a debt-to-equity ratio of 7.51. The business's 50 day simple moving average is C$4.07 and its 200 day simple moving average is C$3.98. B2Gold Corp. has a 12 month low of C$3.16 and a 12 month high of C$4.84. The company has a market cap of C$4.27 billion, a price-to-earnings ratio of -5.32, a PEG ratio of -0.27 and a beta of 1.23.
B2Gold Cuts Dividend
The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 20th. Investors of record on Thursday, March 20th were issued a $0.02 dividend. This represents a $0.08 annualized dividend and a yield of 1.73%. The ex-dividend date was Friday, March 7th. B2Gold's dividend payout ratio (DPR) is currently -25.32%.
Wall Street Analyst Weigh In
Several analysts have recently commented on BTO shares. BMO Capital Markets lowered their target price on shares of B2Gold from C$7.00 to C$6.50 in a report on Monday, March 31st. Bank of America lowered shares of B2Gold from a "buy" rating to an "underperform" rating in a research note on Tuesday, January 14th. Cormark downgraded B2Gold from a "moderate buy" rating to a "hold" rating in a research note on Monday, March 31st. Scotiabank raised B2Gold from a "hold" rating to a "strong-buy" rating in a report on Monday. Finally, TD Securities lowered B2Gold from a "strong-buy" rating to a "hold" rating in a report on Tuesday, February 4th. One investment analyst has rated the stock with a sell rating, three have given a hold rating, four have given a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of C$5.94.
Check Out Our Latest Stock Report on B2Gold
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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