B2Gold Corp. (TSE:BTO) Senior Officer Acquires C$35,637.03 in Stock

B2Gold Corp. (TSE:BTO) (NYSE:BTG) Senior Officer Randall Chatwin purchased 10,153 shares of B2Gold stock in a transaction dated Thursday, December 19th. The stock was bought at an average price of C$3.51 per share, with a total value of C$35,637.03.

Randall Chatwin also recently made the following trade(s):

• On Thursday, November 14th, Randall Chatwin sold 6,095 shares of B2Gold stock. The stock was sold at an average price of C$3.74, for a total value of C$22,795.30.
• On Friday, October 4th, Randall Chatwin sold 5,000 shares of B2Gold stock. The shares were sold at an average price of C$4.27, for a total value of C$21,350.00.

B2Gold Price Performance

TSE BTO traded down C$0.01 on Tuesday, reaching C$3.58. 640,626 shares of the company’s stock traded hands, compared to its average volume of 3,337,862. The stock has a market cap of C$4.69 billion, a PE ratio of -21.06, a P/E/G ratio of -0.27 and a beta of 1.23. The company has a debt-to-equity ratio of 1.05, a current ratio of 2.93 and a quick ratio of 3.33. B2Gold Corp. has a 12 month low of C$3.18 and a 12 month high of C$4.84. The stock has a 50-day simple moving average of C$4.13 and a 200 day simple moving average of C$3.98.

B2Gold Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, December 12th. Investors of record on Thursday, December 12th were given a $0.054 dividend. This represents a $0.22 dividend on an annualized basis and a yield of 6.03%. The ex-dividend date of this dividend was Monday, December 2nd. B2Gold’s payout ratio is presently -129.41%.

Analyst Ratings Changes

A number of analysts recently weighed in on the stock. Cormark upped their target price on shares of B2Gold from C$4.25 to C$5.25 in a report on Monday, September 23rd. Cibc World Mkts lowered B2Gold from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, September 24th. Stifel Nicolaus raised their price target on B2Gold from C$6.00 to C$6.50 in a report on Monday, October 21st. Finally, BMO Capital Markets decreased their price objective on shares of B2Gold from C$6.50 to C$6.00 and set an “outperform” rating on the stock in a research report on Monday, September 16th. Three equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to data from MarketBeat, B2Gold currently has a consensus 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.