B2Gold Corp. (TSE:BTO) (NYSE:BTG) Senior Officer Hugh Mackinnon sold 15,000 shares of the company’s stock in a transaction dated Tuesday, July 9th. The shares were sold at an average price of C$4.03, for a total transaction of C$60,450.00. Following the completion of the sale, the insider now owns 322,654 shares in the company, valued at approximately C$1,300,295.62.
Hugh Mackinnon also recently made the following trade(s):
- On Thursday, July 11th, Hugh Mackinnon sold 5,000 shares of B2Gold stock. The shares were sold at an average price of C$4.10, for a total transaction of C$20,500.00.
BTO traded up C$0.04 on Friday, hitting C$4.07. 1,338,700 shares of the company’s stock were exchanged, compared to its average volume of 3,053,687. The firm has a market capitalization of $4.10 billion and a price-to-earnings ratio of -581.43. B2Gold Corp. has a twelve month low of C$2.77 and a twelve month high of C$4.40. The company’s fifty day simple 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 (TSE:BTO) (NYSE:BTG) last released its quarterly earnings data on Tuesday, May 7th. The company reported C$0.05 earnings per share for the quarter, hitting the consensus estimate of C$0.05. The business had revenue of C$401.08 million for the quarter, compared to analyst estimates of C$404.25 million. On average, equities analysts expect that B2Gold Corp. will post 0.24 EPS for the current fiscal year.
A number of brokerages have recently issued reports on BTO. Royal Bank of Canada restated an “underperform” rating and issued a GBX 215 ($2.81) target price on shares of in a research note on Wednesday, June 26th. Canaccord Genuity upped their target price on shares of B2Gold from C$5.25 to C$5.75 in a research note on Monday, June 3rd. Raymond James restated a “hold” rating on shares of Snc-Lavalin Group in a research note on Wednesday, July 3rd. Finally, National Bank Financial lowered shares of Detour Gold to a “hold” rating in a research note on Friday, June 28th. Six analysts have rated the stock with a buy rating, B2Gold has an average rating of “Buy” and an average target price 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.
Recommended Story: Why do earnings reports matter?
Receive News & Ratings for B2Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for B2Gold and related companies with MarketBeat.com's FREE daily email newsletter.