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

B2Gold Corp. (TSE:BTO) (NYSE:BTG) Senior Officer Peter Dominic Montano sold 4,211 shares of the business’s stock in a transaction that occurred 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 1.3 %

Shares of B2Gold stock opened at C$3.97 on Thursday. The company has a fifty day simple moving average of C$4.31 and a 200-day simple moving average of C$3.96. B2Gold Corp. has a 12-month low of C$3.18 and a 12-month high of C$4.84. 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 stock has a market cap of C$5.20 billion, a price-to-earnings ratio of -23.35, a PEG ratio of -0.27 and a beta of 1.23.

B2Gold Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 12th. Investors of record on Monday, December 2nd will be issued a dividend of $0.054 per share. The ex-dividend date is Monday, December 2nd. This represents a $0.22 annualized dividend and a yield of 5.44%. B2Gold’s dividend payout ratio is currently -129.41%.

Wall Street Analysts Forecast Growth

BTO has been the subject of a number of recent research reports. Stifel Nicolaus lifted their price target on shares of B2Gold from C$6.00 to C$6.50 in a research report on Monday, October 21st. Cibc World Mkts cut B2Gold from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, September 24th. Canaccord Genuity Group cut their price objective on shares of B2Gold from C$7.50 to C$7.00 and set a “buy” rating on the stock in a research report on Tuesday, August 13th. Cormark increased their price target on shares of B2Gold from C$4.25 to C$5.25 in a report on Monday, September 23rd. Finally, Scotiabank downgraded B2Gold from an “outperform” rating to a “sector perform” rating in a research note on Friday, August 9th. Three research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to MarketBeat.com, B2Gold presently has an average rating of “Moderate Buy” and an average 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.