Insider Selling: B2Gold Corp. (TSE:BTO) Senior Officer Sells 100,000 Shares of Stock

B2Gold Corp. (TSE:BTO - Get Free Report) NYSE: BTG Senior Officer Randall Chatwin sold 100,000 shares of the stock in a transaction that occurred on Friday, May 23rd. The shares were sold at an average price of C$4.65, for a total transaction of C$465,000.00.

Randall Chatwin also recently made the following trade(s):

• On Wednesday, April 2nd, Randall Chatwin sold 30,150 shares of B2Gold stock. The shares were sold at an average price of C$4.17, for a total value of C$125,725.50.

B2Gold Price Performance

TSE BTO traded down C$0.02 on Friday, reaching C$4.67. The company's stock had a trading volume of 106,632 shares, compared to its average volume of 3,677,937. 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 firm has a market cap of C$4.32 billion, a PE ratio of -5.38, a price-to-earnings-growth ratio of -0.27 and a beta of 1.23. B2Gold Corp. has a 52 week low of C$3.16 and a 52 week high of C$4.88. The business has a 50-day moving average price of C$4.31 and a 200 day moving average price of C$3.97.

B2Gold Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 20th. Stockholders of record on Thursday, March 20th were given a $0.02 dividend. This represents a $0.08 dividend on an annualized basis and a dividend yield of 1.71%. The ex-dividend date was Friday, March 7th. B2Gold's dividend payout ratio (DPR) is presently -25.32%.

Analysts Set New Price Targets

BTO has been the topic of several recent analyst reports. Cormark raised B2Gold from a "hold" rating to a "moderate buy" rating in a research note on Tuesday, April 22nd. Scotiabank raised B2Gold from a "hold" rating to a "strong-buy" rating in a report on Monday, April 14th. Stifel Nicolaus raised their price target on B2Gold from C$6.50 to C$7.50 in a research report on Monday, April 21st. TD Securities cut B2Gold from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, February 4th. Finally, BMO Capital Markets cut their price objective on B2Gold from C$7.00 to C$6.50 in a report on Monday, March 31st. One equities research analyst has rated the stock with a sell rating, two have given a hold rating, three have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of C$6.11.

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.