Randall Chatwin Sells 6,095 Shares of B2Gold Corp. (TSE:BTO) Stock

B2Gold Corp. (TSE:BTO) (NYSE:BTG) Senior Officer Randall Chatwin sold 6,095 shares of the business’s stock in a transaction dated Thursday, November 14th. The shares were sold at an average price of C$3.74, for a total transaction of C$22,795.30.

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

• 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 transaction of C$21,350.00.
• On Monday, September 16th, Randall Chatwin sold 10,000 shares of B2Gold stock. The stock was sold at an average price of C$4.53, for a total value of C$45,300.00.

B2Gold Stock Performance

TSE BTO opened at C$3.92 on Wednesday. The firm’s fifty day moving average price is C$4.30 and its two-hundred day moving average price is C$3.96. The stock has a market cap of C$5.14 billion, a PE ratio of -23.06, a PEG ratio of -0.27 and a beta of 1.23. The company has a debt-to-equity ratio of 1.05, a quick ratio of 3.33 and a current ratio of 2.93. B2Gold Corp. has a fifty-two week low of C$3.18 and a fifty-two week high of C$4.84.

B2Gold Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 12th. Investors of record on Monday, December 2nd will be given a dividend of $0.054 per share. The ex-dividend date of this dividend is Monday, December 2nd. This represents a $0.22 dividend on an annualized basis and a yield of 5.51%. B2Gold’s dividend payout ratio is currently -129.41%.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the company. Cibc World Mkts downgraded B2Gold from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, September 24th. CIBC set a C$3.30 target price on shares of B2Gold and gave the company an “outperform” rating in a report on Wednesday, August 14th. Canaccord Genuity Group cut their price target on shares of B2Gold from C$7.50 to C$7.00 and set a “buy” rating for the company in a report on Tuesday, August 13th. Stifel Nicolaus lifted their price objective on shares of B2Gold from C$6.00 to C$6.50 in a research note on Monday, October 21st. Finally, Cormark upped their target price on B2Gold from C$4.25 to C$5.25 in a research note on Monday, September 23rd. Three analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat, B2Gold has an average rating of “Moderate Buy” and an average target price of C$5.66.

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.