Ninette Krohnert Sells 16,175 Shares of B2Gold Corp. (TSE:BTO) Stock

B2Gold Corp. (TSE:BTO) (NYSE:BTG) Senior Officer Ninette Krohnert sold 16,175 shares of the business’s stock in a transaction on Wednesday, October 9th. The shares were sold at an average price of C$4.11, for a total transaction of C$66,479.25.

B2Gold Price Performance

Shares of TSE:BTO opened at C$4.40 on Friday. B2Gold Corp. has a fifty-two week low of C$3.18 and a fifty-two week high of C$4.74. The business has a 50-day simple moving average of C$3.99 and a two-hundred day simple moving average of C$3.82. The company has a debt-to-equity ratio of 1.05, a quick ratio of 3.33 and a current ratio of 2.93. The firm has a market cap of C$5.76 billion, a price-to-earnings ratio of -27.50, a price-to-earnings-growth ratio of -0.27 and a beta of 1.23.

B2Gold (TSE:BTO) (NYSE:BTG) last issued its earnings results on Thursday, August 8th. The company reported C$0.08 earnings per share for the quarter, missing analysts’ consensus estimates 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 business had revenue of C$673.95 million during the quarter. On average, analysts expect that B2Gold Corp. will post 0.5484293 earnings per share for the current year.

B2Gold Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, September 23rd. Shareholders of record on Monday, September 23rd were given a $0.055 dividend. This represents a $0.22 dividend on an annualized basis and a yield of 5.00%. The ex-dividend date was Tuesday, September 10th. B2Gold’s dividend payout ratio (DPR) is -137.50%.

Analyst Upgrades and Downgrades

BTO has been the topic of a number of research reports. Cibc World Mkts cut shares of B2Gold from a “strong-buy” rating to a “hold” rating in a report on Tuesday, September 24th. Cormark boosted their target price on shares of B2Gold from C$4.25 to C$5.25 in a report on Monday, September 23rd. BMO Capital Markets dropped their target price on shares of B2Gold from C$6.50 to C$6.00 and set an “outperform” rating on the stock in a report on Monday, September 16th. Scotiabank cut shares of B2Gold from an “outperform” rating to a “sector perform” rating in a report on Friday, August 9th. Finally, CIBC set a C$3.30 price target on B2Gold and gave the stock an “outperform” rating in a research report on Wednesday, August 14th. Three analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, B2Gold has an average rating of “Moderate Buy” and a consensus price target of C$5.92.

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.