Insider Selling: B2Gold Corp. (TSE:BTO) Senior Officer Sells 13,161 Shares of Stock

B2Gold Corp. (TSE:BTO - Get Free Report) NYSE: BTG Senior Officer Eduard Bartz sold 13,161 shares of the company's stock in a transaction that occurred 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 in the company, 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 shares were sold at an average price of C$3.89, for a total transaction of C$108,383.18.

B2Gold Trading Up 5.4 %

BTO traded up C$0.24 on Monday, hitting C$4.71. 5,238,689 shares of the company were exchanged, compared to its average volume of 3,934,218. The company has a debt-to-equity ratio of 7.51, a quick ratio of 3.33 and a current ratio of 1.83. B2Gold Corp. has a 12 month low of C$3.16 and a 12 month high of C$4.84. The stock has a market capitalization of C$4.35 billion, a PE ratio of -5.42, a price-to-earnings-growth ratio of -0.27 and a beta of 1.23. The firm has a fifty day simple moving average of C$4.03 and a two-hundred day simple moving average of C$3.98.

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 paid a $0.02 dividend. The ex-dividend date of this dividend was Friday, March 7th. This represents a $0.08 annualized dividend and a dividend yield of 1.70%. B2Gold's payout ratio is presently -25.32%.

Wall Street Analysts Forecast Growth

BTO has been the subject of a number of analyst reports. Bank of America downgraded B2Gold from a "buy" rating to an "underperform" rating in a research note on Tuesday, January 14th. BMO Capital Markets reduced their price objective on shares of B2Gold from C$7.00 to C$6.50 in a research report on Monday, March 31st. Cormark downgraded B2Gold from a "moderate buy" rating to a "hold" rating in a research report 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 given a hold rating and four have given a buy rating to the company's stock. Based on data from MarketBeat, B2Gold presently has a consensus rating of "Hold" and a consensus target price 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.