Randall Chatwin Sells 14,089 Shares of B2Gold (TSE:BTO) Stock

B2Gold Corp. (TSE:BTO) (NYSE:BTG) insider Randall Chatwin sold 14,089 shares of the business’s stock in a transaction dated Friday, July 3rd. The shares were sold at an average price of C$5.88, for a total transaction of C$82,843.32. Following the completion of the sale, the insider directly owned 141,989 shares of the company’s stock, valued at approximately C$834,895.32. The trade was a 9.03% decrease in their position.

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

• On Friday, May 22nd, Randall Chatwin sold 67,857 shares of B2Gold stock. The stock was sold at an average price of C$6.33, for a total transaction of C$429,534.81.

B2Gold Price Performance

Shares of B2Gold stock opened at C$5.58 on Wednesday. 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 stock has a market capitalization of C$7.43 billion, a price-to-earnings ratio of 14.68, a price-to-earnings-growth ratio of -0.27 and a beta of 1.73. B2Gold Corp. has a twelve month low of C$4.56 and a twelve month high of C$8.60. The company has a 50-day simple moving average of C$6.18 and a two-hundred day simple moving average of C$6.57.

B2Gold (TSE:BTO) (NYSE:BTG) last announced its earnings results on Wednesday, May 6th. The company reported C$0.26 earnings per share (EPS) 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 for the quarter. Analysts forecast that B2Gold Corp. will post 0.5596659 EPS for the current year.

B2Gold Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 23rd. Investors of record on Tuesday, June 23rd were given a dividend of $0.02 per share. The ex-dividend date of this dividend was Wednesday, June 10th. This represents a $0.08 dividend on an annualized basis and a yield of 1.4%. B2Gold’s dividend payout ratio is currently 21.05%.

Key B2Gold News

Here are the key news stories impacting B2Gold this week:

• Negative Sentiment: Multiple insiders, including directors and executives, sold shares over July 2-3, with several larger transactions at C$5.73-C$5.88. Notable sales included Randall Chatwin, William Lytle, Michael Andrew Cinnamond, Dennis Stansbury, and Peter Dominic Montano. While these sales were not necessarily large relative to each insider’s holdings, the concentration of selling can weigh on investor sentiment. B2Gold (TSE:BTO) Insider Dennis Stansbury Sells 10,364 Shares of Stock
• Neutral Sentiment: A Northern Miner article highlights attention on B2Gold’s new CEO and the company’s Goose project, suggesting investors are also watching execution and project progress as a possible medium-term catalyst. B2Gold’s new CEO gets his Goose test
• Neutral Sentiment: Recent operational and valuation context remains broadly steady: B2Gold recently reported C$0.26 quarterly EPS on C$1.61 billion in revenue, and analysts still carry a moderate buy view with upside to the current price target. B2Gold stock page

Analyst Ratings Changes

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

B2Gold Company Profile

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.