B2Gold (TSE:BTO) Insider Peter Dominic Montano Sells 2,528 Shares of Stock

B2Gold Corp. (TSE:BTO) (NYSE:BTG) insider Peter Dominic Montano sold 2,528 shares of the business’s stock in a transaction dated Friday, July 3rd. The stock was sold at an average price of C$5.88, for a total value of C$14,864.64. Following the transaction, the insider owned 6,629 shares of the company’s stock, valued at C$38,978.52. The trade was a 27.61% decrease in their ownership of the stock.

Peter Dominic Montano also recently made the following trade(s):

• On Thursday, July 2nd, Peter Dominic Montano sold 61 shares of B2Gold stock. The shares were sold at an average price of C$5.73, for a total value of C$349.53.
• On Wednesday, June 17th, Peter Dominic Montano sold 61,254 shares of B2Gold stock. The shares were sold at an average price of C$6.51, for a total transaction of C$398,763.54.

B2Gold Trading Down 3.5%

TSE BTO traded down C$0.21 during trading on Monday, reaching C$5.74. 2,300,238 shares of the stock traded hands, compared to its average volume of 6,545,712. B2Gold Corp. has a fifty-two week low of C$4.56 and a fifty-two week high of C$8.60. The company has a quick ratio of 3.33, a current ratio of 1.19 and a debt-to-equity ratio of 14.16. The firm 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. The stock’s 50-day moving average price is C$6.23 and its 200 day moving average price is C$6.58.

B2Gold (TSE:BTO) (NYSE:BTG) last announced its quarterly 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 company had revenue of C$1.61 billion for the quarter. Analysts predict that B2Gold Corp. will post 0.5596659 EPS for the current year.

B2Gold Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 23rd. Stockholders of record on Tuesday, June 23rd were issued a dividend of $0.02 per share. This represents a $0.08 annualized dividend and a dividend yield of 1.4%. The ex-dividend date was Wednesday, June 10th. B2Gold’s payout ratio is 21.05%.

Wall Street Analysts Forecast Growth

Separately, National Bank Financial raised their target price 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’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average 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.