B2Gold Corp. (TSE:BTO) (NYSE:BTG) Senior Officer Hugh Mackinnon sold 5,000 shares of B2Gold stock in a transaction that occurred on Thursday, July 11th. The stock was sold at an average price of C$4.10, for a total transaction of C$20,500.00. Following the sale, the insider now owns 322,654 shares of the company’s stock, valued at approximately C$1,322,881.40.
Hugh Mackinnon also recently made the following trade(s):
- On Tuesday, July 9th, Hugh Mackinnon sold 15,000 shares of B2Gold stock. The stock was sold at an average price of C$4.03, for a total transaction of C$60,450.00.
TSE BTO traded up C$0.04 during trading on Friday, reaching C$4.07. 1,338,700 shares of the stock traded hands, compared to its average volume of 3,053,687. The company has a market capitalization of $4.10 billion and a price-to-earnings ratio of -581.43. The firm’s 50-day moving average is C$3.79. The company has a current ratio of 2.04, a quick ratio of 0.88 and a debt-to-equity ratio of 28.33. B2Gold Corp. has a fifty-two week low of C$2.77 and a fifty-two week high of C$4.40.
B2Gold (TSE:BTO) (NYSE:BTG) last issued its quarterly earnings data on Tuesday, May 7th. The company reported C$0.05 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of C$0.05. The firm had revenue of C$401.08 million for the quarter, compared to analyst estimates of C$404.25 million. As a group, equities analysts anticipate that B2Gold Corp. will post 0.24 EPS for the current fiscal year.
Several brokerages have recently commented on BTO. Raymond James reiterated a “hold” rating on shares of Snc-Lavalin Group in a research report on Wednesday, July 3rd. National Bank Financial cut shares of Detour Gold to a “hold” rating in a research report on Friday, June 28th. Canaccord Genuity lifted their price target on shares of B2Gold from C$5.25 to C$5.75 in a research report on Monday, June 3rd. Finally, Royal Bank of Canada reiterated an “underperform” rating and set a GBX 215 ($2.81) price target on shares of in a research report on Wednesday, June 26th. Six research analysts have rated the stock with a buy rating, The stock presently has an average rating of “Buy” and a consensus price target of C$5.43.
B2Gold Corp., together with its subsidiaries, engages in the exploration and development of mineral properties for gold deposits in Nicaragua, the Philippines, Mali, Colombia, Burkina Faso, and Namibia. The company primarily holds 80% interest in the Fekola mine, an open pit gold mine located in Mali; 90% interest in the Otjikoto gold mine located north of Windhoek, Namibia; the Masbate gold project located in the south-east of Manila, the Philippines; and 100% interest in the El Limon mine, an underground gold mine located in northwestern Nicaragua.
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