Clive Thomas Johnson Sells 86,475 Shares of B2Gold Corp. (TSE:BTO) Stock

B2Gold Corp. (TSE:BTO) (NYSE:BTG) Director Clive Thomas Johnson sold 86,475 shares of B2Gold stock in a transaction that occurred on Monday, April 8th. The shares were sold at an average price of C$3.93, for a total transaction of C$339,846.75.

Clive Thomas Johnson also recently made the following trade(s):

• On Thursday, April 4th, Clive Thomas Johnson sold 91,552 shares of B2Gold stock. The shares were sold at an average price of C$3.75, for a total transaction of C$343,320.00.
• On Monday, March 25th, Clive Thomas Johnson sold 22 shares of B2Gold stock. The shares were sold at an average price of C$3.45, for a total transaction of C$75.90.

B2Gold Stock Up 1.0 %

Shares of TSE:BTO opened at C$3.98 on Friday. The company has a market capitalization of C$5.17 billion, a PE ratio of 398.00, a P/E/G ratio of -0.27 and a beta of 1.13. The company has a current ratio of 2.27, a quick ratio of 3.33 and a debt-to-equity ratio of 4.91. B2Gold Corp. has a twelve month low of C$3.18 and a twelve month high of C$5.87. The firm has a 50 day simple moving average of C$3.53 and a 200-day simple moving average of C$3.96.

B2Gold (TSE:BTO) (NYSE:BTG) last issued its quarterly earnings data on Wednesday, February 21st. The company reported C$0.10 earnings per share for the quarter, missing the consensus estimate of C$0.11 by C($0.01). The company had revenue of C$697.07 million for the quarter. B2Gold had a return on equity of 1.18% and a net margin of 0.52%. On average, equities analysts predict that B2Gold Corp. will post 0.3116987 EPS for the current fiscal year.

B2Gold Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 20th. Stockholders of record on Thursday, March 7th were given a dividend of $0.054 per share. The ex-dividend date was Wednesday, March 6th. This represents a $0.22 annualized dividend and a dividend yield of 5.43%. B2Gold’s dividend payout ratio is presently 2,200.00%.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on BTO shares. Stifel Nicolaus dropped their price objective on shares of B2Gold from C$7.00 to C$6.50 and set a “buy” rating for the company in a report on Friday, January 26th. CIBC decreased their price target on shares of B2Gold from C$3.60 to C$3.40 and set an “outperform” rating for the company in a research note on Wednesday, February 7th. BMO Capital Markets decreased their price target on shares of B2Gold from C$6.50 to C$6.00 and set an “outperform” rating for the company in a research note on Tuesday, March 19th. National Bankshares decreased their price target on shares of B2Gold from C$5.50 to C$5.25 and set an “outperform” rating for the company in a research note on Tuesday, February 27th. Finally, Canaccord Genuity Group decreased their price target on shares of B2Gold from C$8.00 to C$7.25 and set a “buy” rating for the company in a research note on Thursday, January 25th. Seven equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, B2Gold has an average rating of “Buy” and a consensus price target of C$6.02.

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.