B2Gold (TSE:BTO) Insider William Lytle Sells 14,089 Shares of Stock

B2Gold Corp. (TSE:BTO) (NYSE:BTG) insider William Lytle sold 14,089 shares of the stock in a transaction that occurred on Friday, July 3rd. The stock was sold at an average price of C$5.88, for a total value of C$82,843.32. Following the completion of the transaction, the insider owned 218,475 shares in the company, valued at C$1,284,633. This represents a 6.06% decrease in their position.

B2Gold Stock Down 3.5%

TSE:BTO traded down C$0.21 during trading hours on Monday, reaching C$5.74. The company’s stock had a trading volume of 2,300,238 shares, compared to its average volume of 6,545,712. B2Gold Corp. has a one year low of C$4.56 and a one year high of C$8.60. The business’s 50-day moving average is C$6.23 and its 200-day moving average is C$6.58. The company has a debt-to-equity ratio of 14.16, a current ratio of 1.19 and a quick ratio of 3.33. The company has a market cap of C$7.65 billion, a price-to-earnings ratio of 15.11, a price-to-earnings-growth ratio of -0.27 and a beta of 1.73.

B2Gold (TSE:BTO) (NYSE:BTG) last released its earnings results on Wednesday, May 6th. The company reported C$0.26 earnings per share for the quarter. B2Gold had a net margin of 14.78% and a return on equity of 15.70%. The firm had revenue of C$1.61 billion during the quarter. Equities research analysts predict that B2Gold Corp. will post 0.5596659 EPS for the current year.

B2Gold Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 23rd. Investors of record on Tuesday, June 23rd were given a $0.02 dividend. This represents a $0.08 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend was Wednesday, June 10th. B2Gold’s dividend payout ratio (DPR) is 21.05%.

Analyst Ratings Changes

Separately, National Bank Financial increased their price objective on shares of B2Gold from C$10.00 to C$10.70 and gave the stock an “outperform” rating in a report on Tuesday, May 12th. One research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of C$9.15.

About B2Gold

B2Gold Corp is an international, low-cost, senior gold mining company. It has three operating open-pit gold mines in Mali, Namibia, and the Philippines and numerous exploration projects across four continents. Other significant assets include the Gramalote and Kiaka gold projects. The company focuses on acquiring and developing interests in mineral properties with a primary focus on gold deposits as gold production forms all its revenue. There is no dependence on a particular purchaser because the gold is sold into a global market.