B2Gold Corp. (TSE:BTO) Senior Officer Randall Chatwin Sells 10,000 Shares

B2Gold Corp. (TSE:BTO) (NYSE:BTG) Senior Officer Randall Chatwin sold 10,000 shares of the stock in a transaction dated Monday, September 16th. The shares were sold at an average price of C$4.53, for a total transaction of C$45,300.00.

B2Gold Price Performance

B2Gold stock traded up C$0.04 during midday trading on Wednesday, reaching C$4.50. The company’s stock had a trading volume of 1,601,263 shares, compared to its average volume of 3,324,607. The stock has a market cap of C$5.90 billion, a PE ratio of -27.88, a price-to-earnings-growth ratio of -0.27 and a beta of 1.21. The company has a current ratio of 2.93, a quick ratio of 3.33 and a debt-to-equity ratio of 1.05. The business has a 50-day moving average price of C$3.91 and a 200-day moving average price of C$3.73. B2Gold Corp. has a 52 week low of C$3.18 and a 52 week high of C$4.74.

B2Gold (TSE:BTO) (NYSE:BTG) last announced its earnings results on Thursday, August 8th. The company reported C$0.08 EPS for the quarter, missing the consensus estimate of C$0.10 by C($0.02). B2Gold had a negative return on equity of 3.47% and a negative net margin of 7.23%. The company had revenue of C$673.95 million for the quarter. On average, sell-side analysts predict that B2Gold Corp. will post 0.6237337 EPS for the current year.

B2Gold Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, September 23rd. Investors of record on Monday, September 23rd will be issued a $0.055 dividend. This represents a $0.22 dividend on an annualized basis and a dividend yield of 4.89%. The ex-dividend date of this dividend is Tuesday, September 10th. B2Gold’s dividend payout ratio is currently -137.50%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on BTO. Cibc World Mkts raised B2Gold from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, August 14th. Scotiabank cut shares of B2Gold from an “outperform” rating to a “sector perform” rating in a report on Friday, August 9th. CIBC set a C$3.30 price target on B2Gold and gave the stock an “outperform” rating in a report on Wednesday, August 14th. Canaccord Genuity Group lowered their price target on shares of B2Gold from C$7.50 to C$7.00 and set a “buy” rating on the stock in a report on Tuesday, August 13th. Finally, Cormark lowered shares of B2Gold from a “moderate buy” rating to a “hold” rating in a research report on Monday, August 12th. Two equities research analysts have rated the stock with a hold rating, seven have given a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and an average 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.