Eduard Bartz Sells 12,510 Shares of B2Gold Corp. (TSE:BTO) Stock

B2Gold Corp. (TSE:BTO) (NYSE:BTG) Senior Officer Eduard Bartz sold 12,510 shares of the business’s stock in a transaction on Monday, April 8th. The shares were sold at an average price of C$3.93, for a total transaction of C$49,164.30.

B2Gold Price Performance

BTO stock opened at C$3.94 on Friday. The firm has a 50 day moving average of C$3.53 and a 200-day moving average of C$3.96. The company has a market cap of C$5.12 billion, a price-to-earnings ratio of 394.00, a PEG 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 12-month low of C$3.18 and a 12-month high of C$5.87.

B2Gold (TSE:BTO) (NYSE:BTG) last issued its quarterly earnings data on Wednesday, February 21st. The company reported C$0.10 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.11 by C($0.01). The firm 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%. As a group, equities analysts expect that B2Gold Corp. will post 0.3116987 EPS for the current fiscal year.

B2Gold Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, March 20th. Stockholders of record on Thursday, March 7th were paid a dividend of $0.054 per share. This represents a $0.22 annualized dividend and a dividend yield of 5.48%. The ex-dividend date of this dividend was Wednesday, March 6th. B2Gold’s dividend payout ratio (DPR) is presently 2,200.00%.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on BTO shares. CIBC lowered their target price on shares of B2Gold from C$3.60 to C$3.40 and set an “outperform” rating on the stock in a report on Wednesday, February 7th. Stifel Nicolaus lowered their price objective on B2Gold from C$7.00 to C$6.50 and set a “buy” rating on the stock in a report on Friday, January 26th. Canaccord Genuity Group cut their target price on 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. BMO Capital Markets reduced their price target on B2Gold from C$6.50 to C$6.00 and set an “outperform” rating for the company in a report on Tuesday, March 19th. Finally, Scotiabank dropped their price objective on B2Gold from C$6.50 to C$5.50 and set an “outperform” rating on the stock in a report on Monday, March 18th. Seven investment analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, B2Gold presently has a consensus rating of “Buy” and an average price target of C$6.02.

About B2Gold

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.