Insider Selling: B2Gold Corp. (TSE:BTO) Director Sells 103,949 Shares of Stock

B2Gold Corp. (TSE:BTO) (NYSE:BTG) Director Clive Thomas Johnson sold 103,949 shares of the stock in a transaction that occurred on Wednesday, April 2nd. The shares were sold at an average price of C$4.17, for a total value of C$433,467.33.

Clive Thomas Johnson also recently made the following trade(s):

• On Monday, March 10th, Clive Thomas Johnson sold 86,496 shares of B2Gold stock. The shares were sold at an average price of C$3.85, for a total value of C$333,009.60.

B2Gold Trading Down 2.1 %

Shares of TSE:BTO traded down C$0.09 during mid-day trading on Thursday, reaching C$4.11. 2,008,043 shares of the company were exchanged, compared to its average volume of 3,770,868. The firm has a market cap of C$3.80 billion, a price-to-earnings ratio of -4.73, a P/E/G ratio of -0.27 and a beta of 1.23. The company has a debt-to-equity ratio of 7.51, a current ratio of 1.83 and a quick ratio of 3.33. B2Gold Corp. has a 1 year low of C$3.16 and a 1 year high of C$4.84. The firm’s 50-day simple moving average is C$3.93 and its 200 day simple moving average is C$4.00.

B2Gold Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 20th. Investors of record on Thursday, March 20th were issued a dividend of $0.02 per share. This represents a $0.08 dividend on an annualized basis and a yield of 1.95%. The ex-dividend date was Friday, March 7th. B2Gold’s dividend payout ratio (DPR) is -25.32%.

Wall Street Analyst Weigh In

BTO has been the topic of several recent research reports. TD Securities cut shares of B2Gold from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, February 4th. Bank of America lowered shares of B2Gold from a “buy” rating to an “underperform” rating in a report on Tuesday, January 14th. BMO Capital Markets cut their price target on shares of B2Gold from C$7.00 to C$6.50 in a report on Monday. Finally, Cormark lowered shares of B2Gold from a “moderate buy” rating to a “hold” rating in a research report on Monday. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company has an average 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.