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

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 transaction of C$16,422.90.

B2Gold Price Performance

TSE BTO opened at C$4.06 on Friday. The stock has a market capitalization of C$5.32 billion, a PE ratio of -23.47, a price-to-earnings-growth ratio of -0.27 and a beta of 1.23. The company has a 50 day moving average price of C$4.32 and a two-hundred day moving average price of C$3.96. The company has a quick ratio of 3.33, a current ratio of 2.93 and a debt-to-equity ratio of 1.05. B2Gold Corp. has a 12-month low of C$3.18 and a 12-month high of C$4.84.

B2Gold Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 12th. Investors of record on Monday, December 2nd will be paid a $0.054 dividend. The ex-dividend date is Monday, December 2nd. This represents a $0.22 dividend on an annualized basis and a yield of 5.32%. B2Gold’s payout ratio is presently -129.41%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on BTO shares. Stifel Nicolaus lifted their price target on B2Gold from C$6.00 to C$6.50 in a research note on Monday, October 21st. Canaccord Genuity Group decreased their price objective on shares of B2Gold from C$7.50 to C$7.00 and set a “buy” rating for the company in a research note on Tuesday, August 13th. BMO Capital Markets cut their target price on shares of B2Gold from C$6.50 to C$6.00 and set an “outperform” rating on the stock in a research note on Monday, September 16th. CIBC set a C$3.30 target price on B2Gold and gave the stock an “outperform” rating in a research report on Wednesday, August 14th. Finally, Cibc World Mkts downgraded B2Gold from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, September 24th. Three investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price 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.