B2Gold Corp. (TSE:BTO) Senior Officer Peter Dominic Montano Sells 4,211 Shares

B2Gold Corp. (TSE:BTO) (NYSE:BTG) Senior Officer Peter Dominic Montano sold 4,211 shares of the firm’s stock in a transaction on Tuesday, November 19th. The stock was sold at an average price of C$3.90, for a total value of C$16,422.90.

B2Gold Trading Up 0.8 %

Shares of TSE:BTO traded up C$0.03 during trading on Wednesday, hitting C$3.95. 2,928,195 shares of the company’s stock were exchanged, compared to its average volume of 3,413,635. B2Gold Corp. has a 1-year low of C$3.18 and a 1-year high of C$4.84. The firm has a 50-day moving average price of C$4.31 and a two-hundred day moving average price of C$3.96. 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 firm has a market cap of C$5.17 billion, a P/E ratio of -23.12, a PEG ratio of -0.27 and a beta of 1.23.

B2Gold Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 12th. Stockholders of record on Monday, December 2nd will be issued a $0.054 dividend. This represents a $0.22 annualized dividend and a dividend yield of 5.47%. The ex-dividend date is Monday, December 2nd. B2Gold’s dividend payout ratio (DPR) is presently -129.41%.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the company. CIBC set a C$3.30 target price on B2Gold and gave the stock an “outperform” rating in a research report on Wednesday, August 14th. BMO Capital Markets reduced their target price on B2Gold from C$6.50 to C$6.00 and set an “outperform” rating on the stock in a report on Monday, September 16th. Cormark boosted their target price on shares of B2Gold from C$4.25 to C$5.25 in a research note on Monday, September 23rd. Scotiabank downgraded shares of B2Gold from an “outperform” rating to a “sector perform” rating in a report on Friday, August 9th. Finally, Cibc World Mkts downgraded shares of B2Gold from a “strong-buy” rating to a “hold” rating in a report on Tuesday, September 24th. Three investment analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of C$5.66.

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.